Share Buyback Program Authorized by Masco (NYSE:MAS)

Key Points

• $300 million share buyback authorized by Masco's board, allowing repurchase of up to 2.1% of outstanding shares — a sign management may view the stock as undervalued.
• Masco reported quarterly results with $1.04 EPS (beat vs. $0.88 estimate) but revenue missed at $1.92B versus $2.07B, and set FY2026 guidance of 4.10–4.30 EPS (analysts expect ~4.25).
• The company raised its quarterly dividend to $0.32 (annualized $1.28) for a roughly 1.8% yield, with a payout ratio near 31.8%.

Masco (NYSE:MAS - Get Free Report) announced that its board has authorized a stock repurchase program on Thursday, May 7th, RTT News reports. The company plans to buyback $300.00 million in shares. This buyback authorization allows the construction company to purchase up to 2.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Zelman & Associates lowered shares of Masco to a "hold" rating in a report on Wednesday, February 11th. BMO Capital Markets lowered their price target on Masco from $77.00 to $75.00 and set a "market perform" rating for the company in a report on Monday, April 20th. The Goldman Sachs Group increased their price objective on Masco from $79.00 to $90.00 and gave the stock a "buy" rating in a research note on Thursday, April 23rd. Weiss Ratings lowered Masco from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, March 9th. Finally, Citigroup dropped their price target on Masco from $84.00 to $79.00 and set a "neutral" rating on the stock in a research report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $80.07.

Masco Stock Down 0.1%

MAS traded down $0.06 on Thursday, hitting $71.89. The company had a trading volume of 3,459,431 shares, compared to its average volume of 3,475,596. The stock has a market capitalization of $14.50 billion, a price-to-earnings ratio of 17.84, a P/E/G ratio of 1.77 and a beta of 1.34. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The stock has a fifty day moving average price of $65.16 and a 200-day moving average price of $66.20. Masco has a 12-month low of $58.16 and a 12-month high of $79.19.

Masco (NYSE:MAS - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.16. The business had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company's revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business earned $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Analysts predict that Masco will post 4.25 EPS for the current fiscal year.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 20th. This is a boost from Masco's previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. Masco's payout ratio is currently 31.76%.

Insider Activity

In other news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares in the company, valued at approximately $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.55% of the company's stock.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company's product offerings are organized into two primary segments.

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