Masco Corporation (NYSE:MAS) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Masco Corporation has received an average rating of "Hold" from 17 brokerages, with five analysts suggesting a buy and one recommending a strong buy.
• The company reported earnings of $1.30 per share for the last quarter, exceeding expectations, and has set a fiscal year 2025 guidance of $3.90 to $4.10 EPS.
• Masco recently declared a quarterly dividend of $0.31 per share, yielding approximately 1.7% for shareholders.

Shares of Masco Corporation (NYSE:MAS - Get Free Report) have received an average rating of "Hold" from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. Eleven analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $74.60.

Several research firms have weighed in on MAS. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Masco in a report on Wednesday, May 28th. Barclays raised their target price on Masco from $77.00 to $78.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Royal Bank Of Canada raised their target price on Masco from $62.00 to $71.00 and gave the company a "sector perform" rating in a report on Friday, August 1st. Wall Street Zen upgraded Masco from a "sell" rating to a "hold" rating in a report on Saturday, June 21st. Finally, Loop Capital restated a "hold" rating and set a $73.00 target price (up from $62.00) on shares of Masco in a report on Monday, August 4th.

Insider Activity

In other news, insider Jai Shah sold 82,910 shares of the firm's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $76.04, for a total value of $6,304,476.40. Following the sale, the insider directly owned 39,638 shares of the company's stock, valued at approximately $3,014,073.52. This trade represents a 67.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Heath M. Eisman sold 2,431 shares of the firm's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $74.62, for a total value of $181,401.22. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $898,126.32. This represents a 16.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.50% of the company's stock.

Institutional Investors Weigh In On Masco

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Valeo Financial Advisors LLC grew its position in shares of Masco by 23.6% in the second quarter. Valeo Financial Advisors LLC now owns 3,730 shares of the construction company's stock valued at $240,000 after purchasing an additional 711 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of Masco by 5.6% in the second quarter. Orion Porfolio Solutions LLC now owns 22,673 shares of the construction company's stock valued at $1,459,000 after purchasing an additional 1,198 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Masco in the second quarter valued at about $565,000. Cim Investment Management Inc. grew its position in shares of Masco by 99.6% in the second quarter. Cim Investment Management Inc. now owns 9,383 shares of the construction company's stock valued at $643,000 after purchasing an additional 4,682 shares during the last quarter. Finally, Advisory Services Network LLC grew its position in shares of Masco by 4.0% in the second quarter. Advisory Services Network LLC now owns 41,850 shares of the construction company's stock valued at $2,851,000 after purchasing an additional 1,614 shares during the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Price Performance

Shares of NYSE:MAS opened at $73.54 on Tuesday. The company has a current ratio of 1.82, a quick ratio of 1.14 and a debt-to-equity ratio of 19.63. Masco has a 1 year low of $56.55 and a 1 year high of $86.70. The business has a fifty day simple moving average of $70.53 and a 200 day simple moving average of $66.92. The firm has a market cap of $15.40 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 2.69 and a beta of 1.19.

Masco (NYSE:MAS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The construction company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.22. Masco had a return on equity of 1,519.31% and a net margin of 10.51%.The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2 billion. During the same period last year, the company earned $1.20 earnings per share. Masco's quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2025 guidance at 3.900-4.100 EPS. As a group, sell-side analysts predict that Masco will post 4.34 earnings per share for the current fiscal year.

Masco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, August 8th. Masco's dividend payout ratio (DPR) is 32.89%.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.

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