Matson is a shipping company located in Hawaii, United States, which is part of the Industrials sector, and is traded under the ticker MATX on the NYSE exchange.
Matson stock last closed at $87.50, up 1.13% from the previous day, and has increased 33.81% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.44 percentage points. Matson stock is currently +54.84% from its 52-week low of $56.51, and -10.25% from its 52-week high of $97.49.
As of Sep 22, 2023, there are 35.29M MATX shares outstanding. The market capitalization of MATX is $3.09B. In the past 24 hours, 132,083 MATX shares were traded.
You need an online brokerage account in order to access the NYSE market and buy MATX stock.
Based on our analysis, eToro is the best online stock brokerage. Here's why:
Get $10 towards your purchase of stock by creating an account with eToro today.Open eToro Account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in MATX stock today.
Now that you've created your account on our top ranked stock app, you need to deposit funds:
Watch the video below if you need help transferring money into your new brokerage account.
After you have decided on the best place to buy Matson stock, it's absolutely critical to research their stock before you buy, so you truly comprehend the risk as well as the upside.
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MATX's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge MATX's intrinsic value.
Using relative valuations metrics:
You can do additional valuation research on MATX's stock here.
Out of 2 Equities analysts who give ratings on MATX, the consensus analyst rating on MATX is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Benjamin Nolan, a top 20% analyst from Stifel Nicolaus maintains MATX with a hold rating and raises their MATX price target from $86.00 to $90.00, on Aug 2, 2023.
Jack Atkins, a top 6% analyst from Stephens & Co. maintains MATX with a hold rating and raises their MATX price target from $73.00 to $110.00, on Aug 2, 2023.
You can dig deeper into what analysts are forecasting on the Matson stock forecast page.
Last year, MATX earnings were $458.80M. In the last five year, MATX's earnings have grown by 17.02% per year. This was slower than the Marine Shipping industry average of 28.42%.
Last year, MATX revenue was $3.39B. During the past 5 year, MATX's revenue has grown by 9.78% per year. This was slower than the Marine Shipping industry average of 17.62%.
Dig into MATX's earnings and revenue performance here.
In the last 12 months, insiders at MATX have sold more shares than they have bought.
Matthew J. Cox, Chairman CEO of MATX, was the latest MATX insider to sell. They sold $716,003.03 worth of MATX shares on Aug 31, 2023.
Research more about who owns MATX stock here.
Matson pays a dividend of 1.43%, compared to the Marine Shipping industry's average dividend yield of 10.68%. If you owned $1,000 of MATX stock, you would have received $14.29 in the past 12 months.
Matson dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Matson dividend yield and history here.
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
There are two main order types:
Click the Open Trade button and your broker will execute your order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
Now that you own some MATX shares, you'll want to stay up-to-date on your new company.
Start a watchlist to get the latest updates about your MATX stock.
To summarize, here are the 6 steps to buy stock in Matson:
If you are looking for a brokerage account, eToro is our favorite venue.Get Started with eToro Today
If you would like to keep tabs on your investment in Matson, create a watchlist on WallStreetZen today.
How much does it cost to buy one Matson share?
Is now a good time to buy Matson stock?
What is the best way to buy Matson stock?