Matson (MATX) Set to Announce Earnings on Wednesday

Matson (NYSE:MATX – Get Free Report) is expected to be posting its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Matson to post earnings of $6.27 per share and revenue of $1.07 billion for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:30 PM ET.

Matson (NYSE:MATX – Get Free Report) last announced its earnings results on Monday, August 3rd. The shipping company reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $0.48. The company had revenue of $969.40 million for the quarter, compared to the consensus estimate of $893.91 million. Matson had a net margin of 13.41% and a return on equity of 16.94%. The company’s revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.92 EPS. On average, analysts expect Matson to post $16.01 EPS for the current fiscal year and $17.20 EPS for the next fiscal year.

Matson Stock Down 1.2%

NYSE:MATX opened at $221.06 on Tuesday. The firm has a market capitalization of $6.61 billion, a price-to-earnings ratio of 15.30 and a beta of 1.30. Matson has a 1-year low of $97.63 and a 1-year high of $240.87. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average price is $227.83 and its 200 day moving average price is $192.94.

Matson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 5th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, November 5th. Matson’s dividend payout ratio is 10.16%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on MATX shares. Weiss Ratings upgraded shares of Matson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen downgraded Matson from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. JPMorgan Chase & Co. increased their price objective on Matson from $270.00 to $310.00 and gave the company an “overweight” rating in a research report on Tuesday, October 13th. Freedom Broker started coverage on shares of Matson in a research note on Wednesday, September 30th. They set a “buy” rating and a $260.00 target price for the company. Finally, Stephens boosted their price objective on shares of Matson from $240.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $249.25.

Check Out Our Latest Research Report on MATX

Insider Buying and Selling at Matson

In related news, SVP Leonard Isotoff sold 1,250 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $208.30, for a total value of $260,375.00. Following the sale, the senior vice president owned 6,527 shares of the company’s stock, valued at $1,359,574.10. The trade was a 16.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Vic Angoco, Jr. sold 2,293 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $222.76, for a total value of $510,788.68. Following the completion of the sale, the executive vice president owned 12,507 shares in the company, valued at $2,786,059.32. This trade represents a 15.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,462 shares of company stock worth $2,695,832 over the last three months. 2.51% of the stock is currently owned by insiders.

About Matson

(Get Free Report)

Matson, Inc is a transportation and logistics company that provides ocean shipping and supply chain services. Through its Matson Navigation subsidiary, the company transports containerized and bulk cargo, automobiles and other goods between the U.S. mainland and Hawaii, Alaska, Guam, Micronesia and selected South Pacific destinations. Matson also operates services linking the U.S. West Coast with China, Japan and South Korea.

The company serves a broad range of customers, including retailers, manufacturers, wholesalers, government agencies and individual consumers.

See Also

Earnings History for Matson (NYSE:MATX)

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