Matson (NYSE:MATX) Issues Q2 2026 Earnings Guidance

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

Wall Street Analysts Forecast Growth

MATX has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Matson in a report on Friday, May 29th. JPMorgan Chase & Co. started coverage on Matson in a research note on Monday, April 27th. They issued an “overweight” rating and a $230.00 price objective on the stock. Finally, Zacks Research upgraded shares of Matson to a “hold” rating in a research report on Wednesday, April 29th. Three investment 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.25.

Matson Stock Up 7.4%

MATX stock opened at $224.36 on Friday. The business’s 50-day simple moving average is $192.95 and its 200 day simple moving average is $170.90. The company has a market cap of $6.79 billion, a PE ratio of 16.48 and a beta of 1.28. Matson has a twelve month low of $86.97 and a twelve month high of $230.74. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.11.

Matson (NYSE:MATX) last issued its earnings results on Monday, May 4th. The shipping company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.20. The company had revenue of $757.80 million for the quarter, compared to analyst estimates of $777.55 million. Matson had a net margin of 12.92% and a return on equity of 15.90%. The company’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. On average, research analysts anticipate that Matson will post 14.16 earnings per share for the current year.

Matson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be issued a dividend of $0.38 per share. 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, August 6th. This is a boost from Matson’s previous quarterly dividend of $0.36. Matson’s payout ratio is presently 10.58%.

Insider Transactions at Matson

In related news, EVP Peter T. Heilmann sold 7,173 shares of Matson stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 25,506 shares of the company’s stock, valued at approximately $4,595,926.14. This trade represents a 21.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Christopher A. Scott sold 3,305 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $180.14, for a total transaction of $595,362.70. Following the sale, the senior vice president directly owned 11,228 shares of the company’s stock, valued at $2,022,611.92. This represents a 22.74% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 23,963 shares of company stock valued at $4,349,268. Corporate insiders own 2.51% of the company’s stock.

Matson News Roundup

Here are the key news stories impacting Matson this week:

• Positive Sentiment: Matson said preliminary 2Q26 EPS is expected to be $4.12 to $4.30, above the prior consensus estimate of $3.69, with operating income projected at $153 million to $160 million. Management said the improvement was driven mainly by stronger contribution from its China service. Article Title
• Positive Sentiment: Multiple reports highlighted that the stronger preliminary numbers reinforce the bullish case for MATX, with commentary pointing to improving freight demand and higher earnings expectations as reasons the stock has been climbing. Article Title
• Positive Sentiment: Analysts and market commentary noted that strong China freight tailwinds and upgraded earnings expectations could improve Matson’s valuation narrative, supporting the stock’s move toward new highs. Article Title
• Neutral Sentiment: Matson announced its second-quarter earnings call will be held on August 3, 2026, which gives investors a near-term catalyst but does not change fundamentals by itself. Article Title
• Neutral Sentiment: Several headlines also noted that MATX has been reaching fresh 1-year highs and that analysts currently view the stock as a Moderate Buy, reinforcing the improving sentiment already in place. Article Title

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of Matson by 8.3% in the first quarter. Royal Bank of Canada now owns 41,346 shares of the shipping company’s stock valued at $5,300,000 after acquiring an additional 3,155 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Matson by 4.6% in 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 buying an additional 863 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Matson by 7.1% in the 1st quarter. Millennium Management LLC now owns 102,629 shares of the shipping company’s stock valued at $13,154,000 after purchasing an additional 6,778 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of Matson during the first quarter valued at about $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 first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 24,459 shares of the shipping company’s stock valued at $3,135,000 after purchasing an additional 2,492 shares during the period. Hedge funds and other institutional investors own 84.76% of the company’s stock.

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.