Matson (MATX) Projected to Post Earnings on Monday

Matson (NYSE:MATX) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $2.64 per share and revenue of $818.07 million for the quarter.

Matson (NYSE:MATX) last posted its earnings results on Tuesday, February 25th. The shipping company reported $3.80 earnings per share for the quarter, topping the consensus estimate of $3.20 by $0.60. The firm had revenue of $890.30 million during the quarter, compared to the consensus estimate of $851.78 million. Matson had a net margin of 12.37% and a return on equity of 16.89%. On average, analysts expect Matson to post $13 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Matson Stock Performance

Shares of MATX stock opened at $113.26 on Friday. The firm’s 50 day moving average is $119.12 and its 200 day moving average is $135.60. The stock has a market capitalization of $3.72 billion, a P/E ratio of 9.42 and a beta of 1.12. Matson has a 12 month low of $92.90 and a 12 month high of $169.12. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.14.

Matson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 8th will be given a dividend of $0.34 per share. The ex-dividend date is Thursday, May 8th. This represents a $1.36 annualized dividend and a dividend yield of 1.20%. Matson’s dividend payout ratio is currently 9.69%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Stifel Nicolaus boosted their price target on shares of Matson from $150.00 to $160.00 and gave the company a “hold” rating in a research report on Wednesday, February 26th. Stephens boosted their target price on Matson from $165.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group began coverage on Matson in a research note on Monday, April 28th. They issued a “buy” rating and a $125.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $153.33.

Insiders Place Their Bets

In related news, EVP John P. Lauer sold 7,985 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.73, for a total transaction of $1,075,819.05. Following the transaction, the executive vice president now owns 25,192 shares in the company, valued at $3,394,118.16. The trade was a 24.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Richard S. Kinney sold 1,997 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $137.11, for a total transaction of $273,808.67. Following the completion of the sale, the senior vice president now owns 8,425 shares of the company’s stock, valued at $1,155,151.75. This trade represents a 19.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.05% of the company’s stock.

About Matson

Matson, Inc, together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Japan, Alaska, and Guam, as well as to other island economies in Micronesia.