Matson (MATX) Expected to Announce Quarterly Earnings on Monday

Matson (NYSE:MATX - Get Free Report) is expected to be announcing its Q1 2025 earnings results 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 - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $890.30 million for 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 NYSE MATX traded down $1.13 during trading hours on Friday, reaching $102.42. The stock had a trading volume of 393,826 shares, compared to its average volume of 303,837. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 8.52 and a beta of 1.12. Matson has a twelve month low of $92.90 and a twelve month high of $169.12. The business's fifty day moving average is $123.37 and its two-hundred day moving average is $136.71. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.13 and a quick ratio of 1.13.

Matson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 8th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Thursday, May 8th. Matson's payout ratio is 9.69%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of Matson from $150.00 to $160.00 and gave the stock a "hold" rating in a research report on Wednesday, February 26th. Stephens increased their target price on Matson from $165.00 to $175.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th.

Insiders Place Their Bets

In other news, 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 completion of the transaction, the senior vice president now directly owns 8,425 shares of the company's stock, valued at $1,155,151.75. This trade represents a 19.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John P. Lauer sold 7,985 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was 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 directly owns 25,192 shares in the company, valued at $3,394,118.16. This trade represents a 24.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.