Matson (NYSE:MATX) Releases Q2 2026 Earnings Guidance

Matson (NYSE:MATX) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.120-4.300 for the period, compared to the consensus estimate of 3.690. The company issued revenue guidance of -.

Analyst Ratings Changes

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

Matson Stock Performance

Shares of MATX stock opened at $208.80 on Thursday. The firm’s 50 day moving average price is $192.07 and its 200-day moving average price is $170.20. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82. Matson has a one year low of $86.97 and a one year high of $213.62. The firm has a market cap of $6.32 billion, a P/E ratio of 15.34 and a beta of 1.28.

Matson (NYSE:MATX) last posted its earnings results on Monday, May 4th. The shipping company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.20. The firm had revenue of $757.80 million during the quarter, compared to the consensus estimate of $777.55 million. Matson had a net margin of 12.92% and a return on equity of 15.90%. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.18 EPS. As a group, equities research analysts predict that Matson will post 14.16 EPS for the current year.

Matson Increases Dividend

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

Insider Transactions at Matson

In other Matson news, SVP Grace M. Cerocke sold 1,200 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $183.57, for a total transaction of $220,284.00. Following the sale, the senior vice president directly owned 17,986 shares in the company, valued at $3,301,690.02. This represents a 6.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter T. Heilmann sold 7,173 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $180.19, for a total transaction of $1,292,502.87. Following the sale, the executive vice president owned 25,506 shares in the company, valued at $4,595,926.14. This trade represents a 21.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 23,963 shares of company stock worth $4,349,268. 2.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Matson

Several large investors have recently added to or reduced their stakes in the business. Summit Global Investments boosted its position in Matson by 23.8% in the 4th quarter. Summit Global Investments now owns 11,867 shares of the shipping company’s stock valued at $1,466,000 after buying an additional 2,278 shares during the period. XTX Topco Ltd acquired a new stake in shares of Matson in the fourth quarter valued at $760,000. Uniplan Investment Counsel Inc. purchased a new position in Matson in the fourth quarter valued at $201,000. Voloridge Investment Management LLC purchased a new position in Matson in the fourth quarter valued at $1,725,000. Finally, SummitTX Capital L.P. purchased a new position in Matson in the fourth quarter valued at $6,303,000. 84.76% of the stock is owned by hedge funds and other institutional investors.

About Matson

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.