Matson (MATX) to Release Earnings on Tuesday

Matson (NYSE:MATX) is expected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Matson to post earnings of $2.64 per share and revenue of $818.07 million for the quarter.

Matson (NYSE:MATX) last posted its quarterly earnings results on Tuesday, February 25th. The shipping company reported $3.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.20 by $0.60. Matson had a return on equity of 16.89% and a net margin of 12.37%. The business had revenue of $890.30 million for the quarter, compared to analyst estimates of $851.78 million. 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 $94.58 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.13 and a current ratio of 1.13. Matson has a fifty-two week low of $92.90 and a fifty-two week high of $169.12. The company has a market capitalization of $3.11 billion, a P/E ratio of 7.87 and a beta of 1.12. The stock has a 50 day moving average price of $126.05 and a two-hundred day moving average price of $137.46.

Matson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, February 6th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $1.36 annualized dividend and a yield of 1.44%. Matson’s payout ratio is currently 9.69%.

Insider Buying and Selling

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 sale, the executive vice president now owns 25,192 shares of the company’s stock, valued at $3,394,118.16. The trade was a 24.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Richard S. Kinney sold 1,997 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $137.11, for a total transaction of $273,808.67. Following the transaction, the senior vice president now directly owns 8,425 shares of the company’s stock, valued at $1,155,151.75. This represents a 19.16 % decrease in their position. The disclosure for this sale can be found here. 2.05% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stephens increased their target price on shares of Matson from $165.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Stifel Nicolaus boosted their target price on Matson from $150.00 to $160.00 and gave the company a “hold” rating in a research note on Wednesday, February 26th.

Matson Company Profile

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.