Matson shares surged 6.1% in the last trading session to close at $203.92 on heavy volume. The rally followed the company's announcement of a 5.6% increase in its quarterly dividend to 38 cents per share and a better-than-expected first-quarter 2026 earnings report. Analysts expect Matson to post quarterly earnings of $3.54 per share, up 21.2% year-over-year, on revenues of $882.91 million, a 6.3% increase. The stock currently carries a Zacks Rank of 3, or Hold, while peer TFI International, which fell 1.3% to $141.66, holds a Zacks Rank of 2, or Buy.
Matson IncDividend hike and better-than-expected Q1 2026 earnings report
TFI International Inc