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Matson Inc Stock Price, News & Analysis

MATX NYSE

Welcome to our dedicated page for Matson news (Ticker: MATX), a resource for investors and traders seeking the latest updates and insights on Matson stock.

Matson Inc. (MATX) delivers essential ocean transportation and integrated logistics services across Pacific trade lanes, serving as a lifeline for island economies and global supply chains. This news hub provides investors and industry stakeholders with comprehensive updates on Matson's operational developments and strategic initiatives.

Access timely Matson press releases, earnings reports, and analysis of maritime logistics trends. Our curated collection includes updates on fleet expansions, sustainability efforts, trade lane optimizations, and logistics network enhancements. Stay informed about key developments impacting transpacific shipping capacity and island community supply chains.

Key updates cover ocean freight operations, logistics service expansions, regulatory compliance changes, and strategic partnerships. Content is organized for quick scanning while maintaining depth for professional analysis. Regular updates ensure you never miss critical information affecting MATX's market position in maritime transportation.

Bookmark this page for continuous access to Matson's official communications and third-party analysis. Combine operational updates with broader industry context to better understand MATX's role in global trade networks and regional economic stability.

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Matson, Inc. (NYSE: MATX) reported a significant increase in net income, reaching $283.2 million ($6.53 per diluted share) for Q3 2021, compared to $70.9 million ($1.63 per diluted share) in Q3 2020. Revenue surged to $1,071.6 million from $645.2 million year-over-year. Key drivers included strong demand in the China and Hawaii markets, particularly in ocean transportation. Despite challenges like supply chain congestion, the company anticipates continued high demand through mid-2022. Matson's logistics segment also experienced growth, with operating income up 34.5% year-over-year.

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The Board of Directors of Matson, Inc. (NYSE: MATX) declared a fourth-quarter dividend of $0.30 per common share, set to be paid on December 2, 2021. Shareholders of record by the close of business on November 11, 2021 will receive this dividend. This decision reflects Matson's ongoing commitment to returning value to its shareholders amid its operations in crucial markets including Hawaii, Alaska, and Guam.

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Matson, Inc. (NYSE: MATX) reported preliminary third quarter results, highlighting continued strong performance in Ocean Transportation and Logistics as economic trends from Q2 persisted. The company expects Ocean Transportation operating income between $358.0 to $363.0 million and Logistics operating income of $15.0 to $16.0 million. Net income is projected to be $277.3 to $285.5 million, with diluted EPS ranging from $6.39 to $6.58. Matson's volume increased significantly across services, particularly in China, Hawaii, and Alaska, driven by elevated demand and consumption.

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Matson, Inc. (NYSE: MATX) reported a robust second quarter 2021 with net income of $162.5 million, or $3.71 per diluted share, compared to $32.8 million, or $0.76 per share in Q2 2020. Consolidated revenue surged to $874.9 million from $524.1 million year-over-year, driven by strong demand in Ocean Transportation, particularly from its China and Hawaii services. Container volumes grew significantly, including a 59.1% increase in China. Operating income also soared, reaching $201 million, reflecting higher contributions from logistics and transportation amid a recovering U.S. economy.

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Matson, Inc. (NYSE: MATX) announced preliminary financial results for the second quarter of 2021, highlighting strong performance in Ocean Transportation and Logistics. Ocean Transportation operating income is projected between $197 million and $202 million, while Logistics operating income is expected to be between $12 million and $13 million. Net income is estimated at $156.9 million to $163.6 million, with diluted EPS ranging from $3.58 to $3.73. The company has also initiated a seasonal CCX service due to high demand in the Transpacific tradelane. A conference call is scheduled for July 29, 2021.

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Matson, Inc. (NYSE: MATX) announced a 30.4% increase in its quarterly dividend to $0.30 per share, to be paid on September 2, 2021. This increase over the previous dividend reflects the Board's confidence in long-term free cash flow growth. Additionally, a new share repurchase program was approved, allowing the company to buy back up to 3 million shares, representing about 7% of outstanding shares, equating to approximately $190 million. The initiatives demonstrate Matson's commitment to returning capital to shareholders.

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Matson, Inc. (NYSE: MATX) announced its attendance at the Wolfe Research Global Transportation & Industrials Conference on May 27, 2021, featuring CEO Matt Cox and CFO Joel Wine. The presentation slides will be accessible on Matson's website on the same day. Founded in 1882, Matson is a key provider of ocean transportation and logistics, serving Hawaii, Alaska, Guam, and beyond, including services from China to California. For more information, visit www.matson.com.

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Matson, Inc. (NYSE: MATX) reported a robust first quarter for 2021, with net income soaring to $87.2 million or $1.99 per diluted share, up from $3.8 million or $0.09 per diluted share a year earlier. Consolidated revenue reached $711.8 million, a 38.6% increase from $513.9 million in Q1 2020. Demand for expedited ocean services, particularly in China, drove growth, although supply chain congestion at California ports remains a concern. The company anticipates strong demand continuing through the peak season into late October.

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The Board of Directors of Matson, a leading U.S. carrier in the Pacific, has declared a second quarter dividend of $0.23 per common share. This dividend will be paid on June 3, 2021, to shareholders on record as of May 6, 2021. Matson provides vital ocean transportation and logistics services primarily to Hawaii, Alaska, and Guam, alongside premium services from China to California and various South Pacific islands. Founded in 1882, Matson also operates logistics services across the continental U.S.

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FAQ

What is the current stock price of Matson (MATX)?

The current stock price of Matson (MATX) is $99.26 as of May 8, 2025.

What is the market cap of Matson (MATX)?

The market cap of Matson (MATX) is approximately 3.6B.
Matson Inc

NYSE:MATX

MATX Rankings

MATX Stock Data

3.58B
31.93M
1.79%
89.24%
3.57%
Marine Shipping
Water Transportation
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United States
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