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Matson (MATX) Stock

Profile

Country:

United States

IPO:

03 May 1973

Indexes:

Not included

Description:

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.

Key Details

Price

$137.41

TTM Dividend Yield

0.96%(-11.93% YoY)

PE Ratio

11.43(-17.41% YoY)

Beta

0.73

Events Calendar

Earnings

Next earnings date:

Feb 20, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 20, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 07, 2024
Splits

Next split:

N/A

Recent split:

July 02, 2012

Analyst ratings

Recent major analysts updates

02 Jan '25 Stephens & Co.
Overweight
18 Nov '24 Wolfe Research
Peer Perform
02 Aug '24 Stephens & Co.
Overweight
24 May '24 Stephens & Co.
Overweight
01 May '24 Stifel
Hold
21 Feb '24 Stifel
Hold
19 Jan '24 Stifel
Hold
24 Oct '23 Wolfe Research
Outperform
24 Oct '23 Stifel
Hold
04 Oct '23 Wolfe Research
Outperform

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Institutional Ownership

Are Investors Undervaluing Matson (MATX) Right Now?
Are Investors Undervaluing Matson (MATX) Right Now?
Are Investors Undervaluing Matson (MATX) Right Now?
MATX
zacks.com31 December 2024

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.

Is Matson (MATX) a Great Value Stock Right Now?
Is Matson (MATX) a Great Value Stock Right Now?
Is Matson (MATX) a Great Value Stock Right Now?
MATX
zacks.com07 November 2024

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.

Matson, Inc. (MATX) Hits Fresh High: Is There Still Room to Run?
Matson, Inc. (MATX) Hits Fresh High: Is There Still Room to Run?
Matson, Inc. (MATX) Hits Fresh High: Is There Still Room to Run?
MATX
zacks.com01 November 2024

Matson (MATX) has reached its highest point in 52 weeks, but can investors expect further increases? We will examine the company's fundamentals for insights.

Matson (MATX) Q3 Earnings Surpass Estimates
Matson (MATX) Q3 Earnings Surpass Estimates
Matson (MATX) Q3 Earnings Surpass Estimates
MATX
zacks.com30 October 2024

Matson (MATX) reported quarterly earnings of $5.89 per share, which is higher than the Zacks Consensus Estimate of $4.98 per share. This is an increase compared to earnings of $3.40 per share from the same period last year.

Matson, Inc. (MATX) Q3 2024 Earnings Call Transcript
Matson, Inc. (MATX) Q3 2024 Earnings Call Transcript
Matson, Inc. (MATX) Q3 2024 Earnings Call Transcript
MATX
seekingalpha.com30 October 2024

Matson, Inc. (NYSE:MATX) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 4:30 PM ET. The call will feature company representatives including Justin Schoenberg from Investor Relations, Matthew Cox, the Chairman and CEO, and Joel Wine, the Executive Vice President and CFO. Participants from various research firms will also join the discussion, and please note that the call is being recorded.

Matson (MATX) Upgraded to Strong Buy: What Does It Mean for the Stock?
Matson (MATX) Upgraded to Strong Buy: What Does It Mean for the Stock?
Matson (MATX) Upgraded to Strong Buy: What Does It Mean for the Stock?
MATX
zacks.com29 October 2024

Matson (MATX) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating increased confidence in the company's earnings potential. This could lead to a rise in the stock price soon.

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE
MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE
MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE
MATX
prnewswire.com24 October 2024

HONOLULU, Oct. 24, 2024 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a major U.S. shipping company in the Pacific, has announced a fourth quarter dividend of $0.34 for each common share. This dividend will be distributed on December 5, 2024, to all shareholders who are on record by the end of business on November 7, 2024.

MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024
MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024
MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024
MATX
prnewswire.com16 October 2024

HONOLULU, Oct. 16, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a top U.S. shipping company in the Pacific, has announced that it will share its financial results for the third quarter on Wednesday, October 30, 2024. A conference call will take place at 4:30 p.m.

Are You Looking for a Top Momentum Pick? Why Matson (MATX) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Matson (MATX) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Matson (MATX) is a Great Choice
MATX
zacks.com01 October 2024

Is Matson (MATX) a strong choice for momentum investors? Let's take a closer look.

Matson, Inc. (MATX) Hit a 52 Week High, Can the Run Continue?
Matson, Inc. (MATX) Hit a 52 Week High, Can the Run Continue?
Matson, Inc. (MATX) Hit a 52 Week High, Can the Run Continue?
MATX
zacks.com01 October 2024

Matson (MATX) has reached its highest point in the last year, but can investors expect further increases? We will examine the company's fundamentals for insights.

FAQ

  • What is the primary business of Matson?
  • What is the ticker symbol for Matson?
  • Does Matson pay dividends?
  • What sector is Matson in?
  • What industry is Matson in?
  • What country is Matson based in?
  • When did Matson go public?
  • Is Matson in the S&P 500?
  • Is Matson in the NASDAQ 100?
  • Is Matson in the Dow Jones?
  • When was Matson's last earnings report?
  • When does Matson report earnings?
  • Should I buy Matson stock now?

What is the primary business of 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 is the ticker symbol for Matson?

The ticker symbol for Matson is NYSE:MATX

Does Matson pay dividends?

Yes, Matson pays dividends. The last payment was $0.34, with an ex-dividend date on 07 November 2024

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 based in?

Matson is headquartered in United States

When did Matson go public?

Matson's initial public offering (IPO) was on 03 May 1973

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's last earnings report?

Matson's most recent earnings report was on 30 October 2024

When does Matson report earnings?

The next expected earnings date for Matson is 20 February 2025

Should I buy Matson stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions