Matthews International Corporation (MATW)

NASDAQ: MATW · Real-Time Price · USD
20.85
-0.24 (-1.14%)
Apr 15, 2025, 4:00 PM EDT - Market closed
-1.14%
Market Cap 645.70M
Revenue (ttm) 1.75B
Net Income (ttm) -60.83M
Shares Out 30.97M
EPS (ttm) -1.97
PE Ratio n/a
Forward PE 12.00
Dividend $1.00 (4.80%)
Ex-Dividend Date Feb 10, 2025
Volume 251,716
Open 20.89
Previous Close 21.09
Day's Range 20.81 - 20.92
52-Week Range 18.50 - 32.24
Beta 1.06
Analysts Strong Buy
Price Target 40.00 (+91.85%)
Earnings Date May 1, 2025

About MATW

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters,... [Read more]

Industry Conglomerates
Sector Industrials
IPO Date Jul 20, 1994
Employees 11,000
Stock Exchange NASDAQ
Ticker Symbol MATW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for MATW stock is "Strong Buy" and the 12-month stock price forecast is $40.0.

Price Target
$40.0
(91.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements

PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- Matthews International Incorporation ("Matthews" and/or the "Company") previously reported, in February 2025, the expiration of the waiting period under ...

15 hours ago - GlobeNewsWire

Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call

PITTSBURGH, April 11, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2025 earnings results after the mar...

4 days ago - GlobeNewsWire

Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting

PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced t...

7 weeks ago - GlobeNewsWire

Leading Proxy Advisory Firm ISS Reaffirms its Unanimous Recommendation for the Election of ALL of Barington Capital's Nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board

ISS Finds "the Board Should Have Already Taken Steps to Install These Provisions, Rather Than Ignoring Them Until the Final Stage of a Proxy Contest" ISS Notes that "Without Further Board Change at Th...

7 weeks ago - PRNewsWire

Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value

Failure to Elect All Three of Matthews' Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews' Businesses

2 months ago - GlobeNewsWire

Barington Capital Strongly Urges Matthews International Shareholders to Protect Their Investment by Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board

A Vote "FOR" Barington's Nominees is a Vote in Favor of the Relevant Skills, Board Experience, Independent Perspectives and Fierce Commitment to Shareholders Required to Help Drive Good Governance and...

2 months ago - PRNewsWire

Barington Capital Calls on Matthews International Shareholders to Elect Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board to Help Restore Good Governance and Drive Value Creation

Sends Letter to Matthews' Shareholders Highlighting the Company's Poor Governance, Deeply Troubling Board Culture and Desperate, Last-Ditch Effort to Placate Shareholders Ahead of 2025 Annual Meeting ...

2 months ago - PRNewsWire

U.S. District Court Judge Once Again Denies Tesla's Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others

PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order d...

2 months ago - GlobeNewsWire

Barington Capital Responds to Matthews International's Desperate Effort to Manipulate Board Election

Urges Shareholders Not to be Fooled by the Company's 11th Hour Governance Changes: Clearly A Direct Reaction to Barington's Nomination Encourages Shareholders to Follow the Recommendations of Leading ...

2 months ago - PRNewsWire

Matthews International Announces Significant Governance Enhancements

Announces Transition of Board Chair and Future Appointment of Independent Director with Significant Battery and EV Technology Experience; New Director to be Appointed in the Near-Term

2 months ago - GlobeNewsWire

Matthews International Highlights Support from Investment Community Following Fiscal 2025 First Quarter Earnings Announcement

GAMCO Asset Management, Top 5 and Long-Term Shareholder, Endorses Matthews' Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WIT...

2 months ago - GlobeNewsWire

Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board

Highlights Unanimous Support of Barington's Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews' Poor Fiscal 2025 First Quarter Earnings Results Further...

2 months ago - PRNewsWire

Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan-Jones in Recommending Matthews International Shareholders Vote the GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda

Glass Lewis Finds Matthews Has "Persistently Deteriorated and Consistently Underperformed During Substantially All Measurement Periods, Including During the Fullness of Mr. Bartolacci's  Tenure as CEO...

2 months ago - PRNewsWire

Matthews International Issues Statement Following ISS Report

PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by ...

2 months ago - GlobeNewsWire

Matthews International Corporation (MATW) Q1 2025 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW) Q1 2025 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Steve Nicola - CFO Joe Bartolacci - President and CEO Conference Cal...

2 months ago - Seeking Alpha

Leading Proxy Advisory Firm ISS Recommends Matthews International Shareholders Vote Barington Capital's GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda

ISS Finds Incumbent Board has "Failed to Exercise Effective Oversight of Management" and "Continues to Suffer from Major Deficiencies with Independence that Necessitate Further Change" ISS Recommends ...

2 months ago - PRNewsWire

Matthews International Reports Results for Fiscal 2025 First Quarter

Fiscal 2025 First Quarter Financial Highlights: Company maintains outlook for fiscal 2025 (subject to the completion of the SGK Brand Solutions (SGK) transaction) Positive arbitration ruling affirms C...

2 months ago - GlobeNewsWire

Matthews International Announces Positive Ruling in Arbitration with Tesla

Arbitrator affirms Matthews' right to continue selling its proprietary Dry Battery Electrode technology to other customers Arbitrator affirms Matthews' right to continue selling its proprietary Dry Ba...

2 months ago - GlobeNewsWire

GAMCO Supports Matthews International's Nominees at 2025 Annual Meeting

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), along with certain other affiliates, collectively owns approximately 4.39...

2 months ago - Business Wire

Facts Don't Lie: Barington Capital Sends Letter to Matthews International Shareholders Debunking the Company's False Narratives and Reinforcing its Case for Change

Highlights Matthews' Longstanding Culture of Deceit Most Recently Evidenced by its  Meandering and Misguided 68-page Presentation Believes Matthews' Status Quo is Untenable and the Election of Ana Ami...

2 months ago - PRNewsWire

Matthews International Declares Quarterly Dividend

PITTSBURGH, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend...

2 months ago - GlobeNewsWire

Proxy Advisory Firm Egan-Jones Recommends Matthews International Shareholders Vote Barington Capital's GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees

Egan-Jones Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J.

2 months ago - PRNewsWire

Matthews Files Investor Presentation Highlighting Commitment to Shareholder Value Creation

Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews...

2 months ago - GlobeNewsWire

Barington Capital Group Releases Investor Presentation Outlining the Path to Maximizing Value at Matthews International Corporation

Details Prolonged Period of Shareholder Value Destruction Caused by Poor Performance, Poor Operating Execution and Poor Capital Allocation Believes CEO and Incumbent Board Are Ineffective, Over Tenure...

2 months ago - PRNewsWire

Change Must Begin at the Top: Barington Capital Sends Letter to Matthews International Shareholders Highlighting its Director Nominees' Substantial CEO Experience, Relevant Sector Expertise and Deep Commitment to Shareholder Value Creation

Barington Capital Believes Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board Will Best Position the Board to Unlock the Value Embedded Within the Company Current Board ...

3 months ago - PRNewsWire