Matson (MATX) Expected to Announce Earnings on Monday

Matson (NYSE:MATXGet Free Report) will likely be issuing its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect the company to announce earnings of $3.79 per share and revenue of $893.9060 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, August 3, 2026 at 4:30 PM ET.

Matson (NYSE:MATXGet Free Report) last posted its earnings results on Monday, May 4th. The shipping company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.20. Matson had a net margin of 12.92% and a return on equity of 15.90%. The firm had revenue of $757.80 million during the quarter, compared to the consensus estimate of $777.55 million. During the same quarter last year, the company earned $2.18 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. On average, analysts expect Matson to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Matson Trading Up 0.1%

Shares of MATX stock opened at $210.84 on Monday. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 15.49 and a beta of 1.28. Matson has a 1 year low of $86.97 and a 1 year high of $230.74. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.82 and a quick ratio of 0.82. The company’s fifty day simple moving average is $197.21 and its two-hundred day simple moving average is $174.79.

Matson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Matson’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, August 6th. Matson’s dividend payout ratio (DPR) is 10.58%.

Insider Buying and Selling

In other Matson news, SVP John Warren Sullivan sold 3,331 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $180.14, for a total transaction of $600,046.34. Following the completion of the sale, the senior vice president owned 9,547 shares of the company’s stock, valued at $1,719,796.58. This represents a 25.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Laura L. Rascon sold 2,800 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $188.53, for a total transaction of $527,884.00. Following the sale, the senior vice president owned 15,656 shares of the company’s stock, valued at approximately $2,951,625.68. This represents a 15.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 23,963 shares of company stock valued at $4,349,268 over the last quarter. Company insiders own 2.51% of the company’s stock.

Institutional Trading of Matson

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in shares of Matson by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,982,793 shares of the shipping company’s stock valued at $244,975,000 after purchasing an additional 21,463 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Matson by 27.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 590,763 shares of the shipping company’s stock worth $65,770,000 after buying an additional 128,994 shares during the last quarter. Millennium Management LLC increased its position in Matson by 144.9% during the 3rd quarter. Millennium Management LLC now owns 455,133 shares of the shipping company’s stock valued at $44,872,000 after buying an additional 269,310 shares in the last quarter. Morgan Stanley increased its position in Matson by 1.3% during the 4th quarter. Morgan Stanley now owns 430,292 shares of the shipping company’s stock valued at $53,163,000 after buying an additional 5,709 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Matson by 4.9% during the fourth quarter. Bank of New York Mellon Corp now owns 269,691 shares of the shipping company’s stock valued at $33,320,000 after buying an additional 12,654 shares during the last quarter. 84.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MATX. JPMorgan Chase & Co. started coverage on shares of Matson in a research report on Monday, April 27th. They set an “overweight” rating and a $230.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Matson in a report on Friday, May 29th. Finally, Zacks Research upgraded shares of Matson to a “hold” rating in a research report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $181.25.

Get Our Latest Stock Analysis on MATX

Matson Company Profile

(Get Free Report)

Matson, Inc (NYSE: MATX) is a U.S.-based provider of ocean transportation and supply chain logistics services with a focus on Pacific trade lanes. The company operates a fleet of container ships that regularly service Hawaii, Alaska, Guam, Micronesia and other Pacific islands, as well as mainland U.S. ports. Matson’s ocean transportation segment offers scheduled liner services, expedited shipping options and specialized project cargo handling for industries ranging from retail to heavy machinery.

In addition to its core liner operations, Matson offers ocean transportation services between Asia and the U.S.

See Also

Earnings History for Matson (NYSE:MATX)

Receive News & Ratings for Matson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matson and related companies with MarketBeat.com's FREE daily email newsletter.