Matthews International Co. (NASDAQ:MATW - Free Report) - Investment analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Matthews International in a report released on Monday, November 25th. B. Riley analyst L. Burke forecasts that the company will earn $0.26 per share for the quarter. B. Riley has a "Buy" rating and a $40.00 price objective on the stock. The consensus estimate for Matthews International's current full-year earnings is $1.93 per share. B. Riley also issued estimates for Matthews International's Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.64 EPS and FY2026 earnings at $2.15 EPS.
Matthews International Price Performance
Shares of Matthews International stock traded down $1.22 during trading on Tuesday, reaching $30.32. The company's stock had a trading volume of 212,796 shares, compared to its average volume of 156,376. The business has a 50 day moving average price of $23.41 and a 200-day moving average price of $25.22. Matthews International has a 12-month low of $21.09 and a 12-month high of $39.12. The company has a market capitalization of $927.73 million, a P/E ratio of -15.73 and a beta of 1.06. The company has a quick ratio of 0.91, a current ratio of 1.45 and a debt-to-equity ratio of 1.76.
Institutional Investors Weigh In On Matthews International
Institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in Matthews International by 8.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 708,352 shares of the company's stock valued at $16,434,000 after acquiring an additional 55,687 shares in the last quarter. Barington Capital Group L.P. grew its holdings in Matthews International by 18.1% during the 2nd quarter. Barington Capital Group L.P. now owns 385,000 shares of the company's stock valued at $9,644,000 after buying an additional 59,000 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Matthews International by 136.2% in the second quarter. AQR Capital Management LLC now owns 23,239 shares of the company's stock worth $582,000 after acquiring an additional 13,399 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Matthews International by 1.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 68,771 shares of the company's stock valued at $2,138,000 after acquiring an additional 1,063 shares in the last quarter. Finally, Comerica Bank increased its position in Matthews International by 73.9% during the 1st quarter. Comerica Bank now owns 24,246 shares of the company's stock worth $754,000 after purchasing an additional 10,304 shares in the last quarter. Hedge funds and other institutional investors own 83.08% of the company's stock.
Matthews International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Monday, December 2nd. This is an increase from Matthews International's previous quarterly dividend of $0.24. Matthews International's dividend payout ratio (DPR) is currently -51.81%.
Matthews International Company Profile
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Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.
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