Matson (NYSE:MATX) Posts Earnings Results, Beats Expectations By $0.20 EPS

Matson (NYSE:MATX) posted its earnings results on Monday. The shipping company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.20, Zacks reports. The business had revenue of $757.80 million for the quarter, compared to analysts’ expectations of $777.55 million. Matson had a return on equity of 16.63% and a net margin of 13.30%.

Here are the key takeaways from Matson’s conference call:

• Matson now expects full-year consolidated operating income to modestly exceed 2025, driven primarily by stronger freight demand in its China service post‑Lunar New Year and management’s expectation that this strength will continue through peak season, while the company continues to prioritize returning capital to shareholders.
• For Q2 2026 the company guides consolidated operating income to be roughly $20 million higher year‑over‑year, with ocean transportation providing the primary uplift and logistics expected to approach prior‑year levels.
• Near‑term earnings face a headwind from a fuel surcharge timing lag after recent fuel price volatility related to the Iran conflict; management expects the under‑collection to weigh on Q2 but to be fully recovered by year‑end, mostly in Q3.
• China service trends improved post‑LNY—driven by e‑commerce, e‑goods, garments, air‑to‑ocean conversions and stronger feeder volumes from Southeast Asia (notably Thailand and Vietnam)—supporting an outlook for moderately higher full‑year container volumes.
• Domestic trade lanes and related operations showed softness in Q1 (Hawaii container volume down ~5.6%, Alaska down ~2%), SSAT contribution and logistics operating income declined year‑over‑year, and those segments are now expected to be comparable to or only approach 2025 levels for the year.

Matson Stock Performance

MATX traded down $2.94 during trading on Monday, reaching $170.61. The company’s stock had a trading volume of 309,629 shares, compared to its average volume of 290,385. Matson has a 52-week low of $86.97 and a 52-week high of $180.88. The company’s fifty day moving average price is $165.32 and its 200-day moving average price is $139.77. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 12.24 and a beta of 1.30. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.89 and a current ratio of 0.89.

Matson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 7th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 7th. Matson’s payout ratio is currently 10.33%.

Insider Buying and Selling

In other Matson news, SVP Christopher A. Scott sold 2,509 shares of Matson stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $155.00, for a total value of $388,895.00. Following the sale, the senior vice president owned 14,533 shares of the company’s stock, valued at approximately $2,252,615. The trade was a 14.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Peter T. Heilmann sold 13,000 shares of Matson stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $165.46, for a total value of $2,150,980.00. Following the completion of the sale, the executive vice president directly owned 32,679 shares in the company, valued at $5,407,067.34. This represents a 28.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 42,550 shares of company stock worth $7,034,602 in the last three months. Company insiders own 2.51% of the company’s stock.

Institutional Investors Weigh In On Matson

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in shares of Matson by 8.3% during the 1st quarter. Royal Bank of Canada now owns 41,346 shares of the shipping company’s stock worth $5,300,000 after acquiring an additional 3,155 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Matson by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,511 shares of the shipping company’s stock worth $2,501,000 after acquiring an additional 863 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Matson by 7.1% during the 1st quarter. Millennium Management LLC now owns 102,629 shares of the shipping company’s stock worth $13,154,000 after acquiring an additional 6,778 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Matson during the 1st quarter worth approximately $78,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Matson by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 24,459 shares of the shipping company’s stock worth $3,135,000 after acquiring an additional 2,492 shares in the last quarter. Hedge funds and other institutional investors own 84.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MATX. Zacks Research upgraded Matson to a “hold” rating in a research report on Wednesday, April 29th. Wall Street Zen cut Matson from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Wolfe Research restated an “outperform” rating and issued a $167.00 price target on shares of Matson in a research report on Thursday, January 8th. Stephens boosted their price target on Matson from $190.00 to $213.00 and gave the company an “overweight” rating in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. began coverage on Matson in a research report on Monday, April 27th. They issued an “overweight” rating and a $230.00 price target on the stock. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $171.00.

Matson Company Profile

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.