Zacks Research Issues Optimistic Forecast for Masco Earnings

Masco Corporation (NYSE:MAS - Free Report) - Equities researchers at Zacks Research raised their FY2026 earnings estimates for shares of Masco in a research report issued on Wednesday, June 25th. Zacks Research analyst R. Department now expects that the construction company will post earnings per share of $3.92 for the year, up from their previous estimate of $3.91. The consensus estimate for Masco's current full-year earnings is $4.34 per share. Zacks Research also issued estimates for Masco's FY2027 earnings at $4.91 EPS.

Masco (NYSE:MAS - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The construction company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.05). The company had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.84 billion. Masco had a return on equity of 1,320.76% and a net margin of 10.30%. Masco's quarterly revenue was down 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share.

Several other brokerages have also commented on MAS. Truist Financial lowered their price objective on Masco from $92.00 to $75.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Wall Street Zen upgraded shares of Masco from a "sell" rating to a "hold" rating in a research note on Saturday, June 21st. UBS Group reissued a "buy" rating and set a $80.00 price objective (down previously from $91.00) on shares of Masco in a research note on Thursday, April 24th. Loop Capital set a $62.00 price objective on shares of Masco and gave the stock a "hold" rating in a report on Thursday, April 24th. Finally, Robert W. Baird decreased their target price on shares of Masco from $72.00 to $70.00 and set an "outperform" rating for the company in a research note on Thursday, April 24th. Ten investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $73.63.

Masco Trading Up 0.7%

NYSE MAS opened at $64.19 on Monday. The firm has a market capitalization of $13.54 billion, a PE ratio of 17.54, a P/E/G ratio of 2.44 and a beta of 1.20. The stock's 50 day moving average is $62.83 and its 200 day moving average is $69.28. Masco has a twelve month low of $56.55 and a twelve month high of $86.70. The company has a quick ratio of 1.09, a current ratio of 1.75 and a debt-to-equity ratio of 20.74.

Masco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 9th. Shareholders of record on Friday, May 23rd were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Friday, May 23rd. Masco's payout ratio is 33.88%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Global X Japan Co. Ltd. increased its holdings in Masco by 120.2% in the 1st quarter. Global X Japan Co. Ltd. now owns 381 shares of the construction company's stock worth $26,000 after buying an additional 208 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of Masco during the 1st quarter valued at about $29,000. Costello Asset Management INC purchased a new stake in shares of Masco during the 1st quarter valued at about $31,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Masco in the first quarter worth approximately $33,000. Finally, Lee Danner & Bass Inc. purchased a new position in shares of Masco during the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 93.91% of the company's stock.

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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