Latest news with #Matson
Yahoo
3 days ago
- Business
- Yahoo
2 Industrials Stocks to Keep an Eye On and 1 to Keep Off Your Radar
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 2.6% return lagged the S&P 500 by 1.9 percentage points. The elite companies can churn out earnings growth under any circumstance, however, and our mission at StockStory is to help you find them. Keeping that in mind, here are two resilient industrials stocks at the top of our wish list and one that may face trouble. Market Cap: $3.66 billion Founded by a Swedish orphan, Matson (NYSE:MATX) is a provider of ocean transportation and logistics services. Why Is MATX Not Exciting? Customers postponed purchases of its products and services this cycle as its revenue declined by 5.3% annually over the last two years Earnings per share have contracted by 11.6% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance Shrinking returns on capital suggest that increasing competition is eating into the company's profitability At $111.98 per share, Matson trades at 11.2x forward P/E. Dive into our free research report to see why there are better opportunities than MATX. Market Cap: $48.92 billion Owning the largest rental fleet in the world, United Rentals (NYSE:URI) provides equipment rental and related services to construction, industrial, and infrastructure industries. Why Could URI Be a Winner? Market share has increased this cycle as its 12.1% annual revenue growth over the last two years was exceptional Highly efficient business model is illustrated by its impressive 25.6% operating margin, and its rise over the last five years was fueled by some leverage on its fixed costs Share repurchases have amplified shareholder returns as its annual earnings per share growth of 16.9% exceeded its revenue gains over the last five years United Rentals's stock price of $752.62 implies a valuation ratio of 16.8x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. Market Cap: $175.1 million Founded by an employee at a real estate rental company, SmartRent (NYSE:SMRT) provides smart home devices and software for multifamily residential properties, single-family rental homes, and student housing communities. Why Are We Positive On SMRT? Offerings are pivotal for their customers' operations as its ARR has averaged 28.5% growth over the past two years Earnings growth has massively outpaced its peers over the last two years as its EPS has compounded at 43% annually SmartRent is trading at $0.93 per share, or 1.2x forward price-to-sales. Is now the time to initiate a position? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
NZ Herald
3 days ago
- General
- NZ Herald
After Lahaina burned, an experiment in housing the most vulnerable followed
LAHAINA, Hawaii - The Matson shipping container had travelled 16,000km by the time it arrived on this Maui hillside. Inch by inch, a towering crane lifted a nearly 9070kg structure of galvanised steel and glass out of the container, the newest home in a town stricken by disaster. Almost
Yahoo
4 days ago
- Business
- Yahoo
Matson Rewards Shareholders With 5.9% Hike in Quarterly Dividend
In a shareholder-friendly move, Matson, Inc.'s (MATX) board of directorsapproved a dividend hike of 5.9%, thereby raising its quarterly cash dividend to 36 cents per share ($1.44 annualized) from 34 cents ($1.36 annualized). The raised dividend will be paid out on Sept. 4, 2025, to stockholders of record as of the close of business on Aug. 7, 2025. The move reflects Matson's intention to utilize free cash to enhance its shareholders' returns. Matson, Inc. dividend-yield-ttm | Matson, Inc. Quote Matt Cox, Matson's chairman and chief executive officer, stated, "This announcement marks the thirteenth consecutive annual increase to Matson's quarterly dividend. The increase reflects the strength of our business and confidence in our long-term free cash flow growth. We will continue to be disciplined in our approach to capital allocation and are committed to the return of excess capital to shareholders through the execution of share repurchases after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet." Notably, MATX has been consistently making efforts to reward its shareholders through dividends and share buybacks, which are encouraging. During the first quarter of 2025, MATX paid dividends worth $11.3 million and repurchased shares worth $66.9 million. During 2024, MATX paid dividends worth $44.8 million and repurchased shares worth $199.1 million. During 2023, MATX paid dividends worth $45 million and repurchased shares worth $155.2 million. During 2022, MATX paid dividends worth $48 million and repurchased shares worth $397 million. Dividend-paying stocks provide a solid income stream and have fewer chances of experiencing wild price swings. Dividend stocks, like MATX, are safe bets for creating wealth, as the payouts generally act as a hedge against economic uncertainty, like the current scenario. Matson's management's decision to increase its quarterly dividend payout reflects the company's commitment to enhancing shareholder value, while also underscoring confidence in its business. We believe such shareholder-friendly initiatives should boost investor confidence and positively impact thisZacks Rank #3 (Hold) company's bottom line. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Matson is not the only player from the Zacks Transportation sector that has rewarded its shareholders with dividend payouts or share buyback programs in 2025. To name a few, on June 19, 2025, Delta Air Lines, Inc.'s (DAL) board of directors approved a dividend hike of 25%, thereby raising its quarterly cash dividend to 18.75 per share (75 cents annualized) from 15 cents (60 cents annualized). The raised dividend will be paid on Aug. 21, 2025, to stockholders of record at the close of business on July 31, 2025. This marked DAL's second dividend hike since reinstating payouts in June 2023 after a COVID-era suspension. On June 9, 2025, FedEx Corporation's (FDX) board of directors approved a dividend hike of 5.1%, thereby raising its quarterly cash dividend to $1.45 per share ($5.80 annualized) from $1.38 ($5.52 annualized). The raised dividend will be paid on July 8, 2025, to stockholders of record at the close of business on June 23, 2025. Notably, FedEx has been consistently making efforts to reward its shareholders through dividends and share buybacks, which are encouraging. During the first nine months of fiscal 2025, FedEx paid dividends worth $1.01 billion and repurchased shares worth $2.52 billion. Landstar System, Inc. (LSTR), concurrent with its first-quarter 2025 earnings release on May 13, 2025, announced a dividend hike of 11%, thereby raising the quarterly cash dividend to 40 cents per share from 36 cents per share. The raised dividend will be paid on June 24, 2025, to shareholders of record as of the close of business on June 5, 2025. During the first quarter of 2025, Landstar purchased almost 386,000 shares for $60.9 million and paid $83.3 million to shareholders in the form of cash dividends. LSTR is currently authorized to purchase up to an additional 2,161,663 shares under its longstanding share purchase program. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report FedEx Corporation (FDX) : Free Stock Analysis Report Matson, Inc. (MATX) : Free Stock Analysis Report Landstar System, Inc. (LSTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Washington Post
5 days ago
- Business
- Washington Post
After Lahaina burned, an experiment in housing the most vulnerable
LAHAINA, Hawaii — The Matson shipping container had traveled 10,000 miles by the time it arrived on this Maui hillside. Inch by inch, a towering crane lifted a nearly 20,000 pound structure of galvanized steel and glass out of the container, the newest home in a town stricken by disaster. Almost two years after wildfires ripped through Lahaina, this is where global supply chains, disaster relief and a novel solution to America's housing crisis come together. On track for full occupancy this summer, the 57-acre development is part of Hawaii's attempt to house some of its most vulnerable residents, using hundreds of prefab homes in a way that has never been tried elsewhere. It's also a test of how quickly the government and private companies can work together to prop up housing when there are few options — and whether other places will do the same.
Yahoo
06-06-2025
- Politics
- Yahoo
Mayor Matson gives final State of the City Address
Davenport mayor Mike Matson delivered his final State of the City Address Thursday afternoon. He has announced that he is not seeking re-election, but for now his message to the city of Davenport is continual improvement. 'I can't thank the conversations I've had, uncomfortable or comfortable, but I need to thank you for that,' Matson said. 'I give credit to) the folks that do the work and work together in different entities to give city council goals and ideas on what to do. It's because of you.' The mayor pointed out improvements across Davenport, including a 66 percent decrease in shots fired over the last five years. 'Davenport, again, just like the parks', Good Neighbor Project, recognized as an example of how to do gun violence intervention, how to do gun and crime reduction, 'Matson said. He also noted that nearly a billion dollars have been investment in the northern part of the city. 'Set the table so businesses, when they are interested in coming, are ready to go,' Matson said. 'That's what the city council, the staff, that's what a lot of people have told us to do, and we are doing it.' Matson added that the key to continuing a positive trajectory is collaboration. 'There are no words to say how important it is for everyone in this room, much less everybody out in whatever world you are, to work together,' Matson said. 'Come to the same vision of how do we improve whatever it is we want to improve.' Matson said that Davenport's future is bright. 'We are doing a good thing. Maybe we can improve here, but thank God we have partners, thank God we have people who care about the community, and thank God we have people to work together,' Matson said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
