Profile
Sector:
IndustrialsIndustry:
Marine ShippingCountry:
United StatesIPO:
03 May 1973Website:
http://www.matson.comNext earnings report:
20 February 2025Last dividends:
07 November 2024Next dividends:
N/APrice
regular market | 3 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
MATX Latest News
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Matson (MATX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Matson (MATX) came out with quarterly earnings of $5.89 per share, beating the Zacks Consensus Estimate of $4.98 per share. This compares to earnings of $3.40 per share a year ago.
Matson, Inc. (NYSE:MATX ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Justin Schoenberg - Investor Relations Matthew Cox - Chairman and Chief Executive Officer Joel Wine - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens Jacob Lacks - Wolfe Research Benjamin Nolan - Stifel Operator Good day, ladies and gentlemen, and welcome to the conference call to discuss Matson's Third Quarter 2024 Results. As a reminder, today's program is being recorded.
Matson (MATX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
HONOLULU , Oct. 24, 2024 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has declared a fourth quarter dividend of $0.34 per common share. The dividend will be paid on December 5, 2024 to all shareholders of record as of the close of business on November 7, 2024.
HONOLULU , Oct. 16, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the third quarter on Wednesday, October 30, 2024. A conference call is scheduled for 4:30 p.m.
Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Matson (MATX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Matson Inc. is a vital marine transportation and logistics company, crucial for supplying isolated island economies like Hawaii, Alaska, and Guam, with steady, stable growth. Matson's FY24 Q2 results showed positive growth driven by higher shipping rates, while its long-term stability and positioning set it apart from its peers, despite slower topline growth. Despite trading at a relative premium on some metrics, Matson Inc.'s stability, strong share buybacks, and dominance in a critical supply space justify a buy rating.
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What type of business is Matson?
Matson, Inc. is a holding company. It is engaged in ocean transportation and logistics. The company Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii. The Ocean Transportation segment is operated by the subsidiary Matson Navigation Company, Inc. (MatNav). MatNav operates on an asset-based business model and offers ocean freight services for the domestic economies of Hawaii, Alaska, and Guam, as well as for other island nations in Micronesia and the southern Pacific Ocean. The logistics business of Matson is conducted by the subsidiary Matson Logistics, Inc. (Matson Logistics or Logistics). Matson Logistics operates on an asset-light business model and provides intermodal transportation services.
What sector is Matson in?
Matson is in the Industrials sector
What industry is Matson in?
Matson is in the Marine Shipping industry
What country is Matson from?
Matson is headquartered in United States
When did Matson go public?
Matson initial public offering (IPO) was on 03 May 1973
What is Matson website?
https://www.matson.com
Is Matson in the S&P 500?
No, Matson is not included in the S&P 500 index
Is Matson in the NASDAQ 100?
No, Matson is not included in the NASDAQ 100 index
Is Matson in the Dow Jones?
No, Matson is not included in the Dow Jones index
When was Matson the previous earnings report?
No data
When does Matson earnings report?
The next expected earnings date for Matson is 20 February 2025