Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Zacks has developed the inn ...

Matson (MATX) came out with quarterly earnings of $3.31 per share, beating the Zacks Consensus Estimate of $3.05 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.52%. A quarter ago, it was expected that this ocean transportation and logistics services company would post earnings of $0.99 per share when it actually produced earnings of $1.04, delivering a surprise of 5.05%. Over th ...

Participants may register for the conference call at: SOURCE Matson, Inc. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's second quarter results. Registered participants will receive the conference call dial-in number and a unique PIN code to access the live event. While not required, it is recommended you join 10 minutes prior to the event starting time. A replay o ...

HONOLULU, July 17, 2024 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published its 2023 Sustainability Report, which describes the company's progress toward achieving its environmental, social and governance (ESG) goals. The report also provides detailed information on the company resources and attention focused on upholding high ethical standards; reducing environmental impact; and supporting the wellbeing of its employees and communities. A downloadable copy of Mat ...

The upped dividend highlights this transportation company's commitment to creating value for its shareholders. MATX's dividend yield based on the new payout and Jun 27's closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years. You can see the complete list of today's Zacks #1 Rank stocks here. Matson (MATX) recently announced a 6.3% hike in its quarterly dividend, taking the total to 34 cents per share (annualized $1.36). The first installment of th ...

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the s ...

HONOLULU, June 27, 2024 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.34 per common share. The dividend represents a two-cent, or 6.3%, increase over the previous quarter's dividend and will be paid on September 5, 2024 to all shareholders of record as of the close of business on August 1, 2024. "This announcement marks the twelfth consecutive annual increase to Matson's quarterly dividend," said Matt C ...

Group 1 - Smurfit Kappa Group Plc (SMFKY) has seen a 4.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company has a dividend yield of 3.7%, significantly higher than the industry average of 1.5% [1] - Matson, Inc. (MATX) has experienced a 6.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Matson, Inc. has a dividend yield of 1.1%, compared to the industry average of 0.0% [2] - Reliance, Inc. (RS) has seen a 1.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Reliance, Inc. has a dividend yield of 1.5%, which is higher than the industry average of 0.0% [3]

HONOLULU, May 15, 2024 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Joel Wine, Executive Vice President and Chief Financial Officer, will be attending the Wolfe Global Transportation & Industrials Conference to be held on May 22, 2024 in New York, New York. Matson will provide access to the presentation slides on its website on May 22, 2024. Access to the slides will be available on www.matson.com, under Investors. About the Company Founded in 1882, Matson (NYSE: MATX) is a leading provide ...

Investors might want to bet on Matson (MATX) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Indivi ...