Pool Corporation Company Profile (NASDAQ:POOL)

Pool Corporation trades on the NASDAQ under the ticker symbol "POOL."

Pool Corporation declared a quarterly dividend on Friday, July 28th. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.37 per share on Wednesday, August 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Monday, August 7th. View Pool Corporation's Dividend History.

Pool Corporation announced that its Board of Directors has authorized a stock repurchase program on Sunday, June 4th 2017, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Pool Corporation (NASDAQ:POOL) posted its quarterly earnings data on Thursday, July, 20th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.24 by $0.03. The business earned $988.16 million during the quarter. Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.98 EPS. View Pool Corporation's Earnings History.

Pool Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for Pool Corporation.

Pool Corporation updated its FY17 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $4.12-4.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.25.

4 analysts have issued 12-month target prices for Pool Corporation's stock. Their forecasts range from $128.00 to $131.00. On average, they anticipate Pool Corporation's stock price to reach $129.67 in the next twelve months. View Analyst Ratings for Pool Corporation.

Here are some recent quotes from research analysts about Pool Corporation stock:

• 1. According to Zacks Investment Research, "Pool Corp.’s shares outperformed the industry in the last one year. The company’s second-quarter 2017 earnings of $2.21 per share missed the Zacks Consensus Estimate by 1.3% but rose 11.6% year over year (y/y) on higher revenues. Net sales of $988.2 million outpaced estimates by 0.6% and surged 8% y/y, mainly driven by a 7% growth in base business sales. Moreover, ongoing recovery in the remodel and replacement sectors of its business, and consistent market share gains bolstered results. Pool is expected to continue gaining in the near term due to favorable trends in the housing market and consumer discretionary spending. Given the non-discretionary nature of majority of its Blue Business products, continued growth of the installed base and Pool’s leading market position, we expect consistent sales growth. Yet, seasonality of its business along with macroeconomic headwinds owing to its large global presence raises concern." (7/25/2017)
• 2. Wedbush analysts commented, "With scale, and as a value-added distributor of swimming pool supplies, equipment and related outdoor leisure products, we view shares of Pool Corporation (POOL) as a core holding for mid-capitalization portfolios. Furthermore, POOL's market share and scale lends itself to relative advantages operationally and in purchasing efficiencies; we believe POOL can grow EPS in the range of 15-18% over the mid-term. With low cap-ex reinvestment rates, management converts over 100% of net income to cash flow from operations, thereby funding a disciplined acquisition strategy and providing consistent returns to shareholders via growing dividend and share repurchases." (2/14/2017)

Pool Corporation saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 2,124,125 shares, an increase of 42.9% from the August 31st total of 1,486,265 shares. Based on an average daily trading volume, of 307,166 shares, the short-interest ratio is currently 6.9 days. Currently, 5.4% of the shares of the company are sold short.

Some companies that are related to Pool Corporation include Hanesbrands (HBI), Live Nation Entertainment (LYV), Snap-On Incorporated (SNA), Discovery Communications (DISCB), China Lodging Group, Limited (HTHT), Discovery Communications (DISCA), Liberty Media Corporation (FWONK), UbiSoft Entertainment (UBSFY), lululemon athletica inc. (LULU), Liberty Media Corporation (FWONA), News Corporation (NWS), Discovery Communications (DISCK), Hyatt Hotels Corporation (H), News Corporation (NWSA), Under Armour (UAA), Ralph Lauren Corporation (RL), Man Wah Holdings Ltd (MAWHY) and Michael Kors Holdings Limited (KORS).

Pool Corporation's management team includes the folowing people:

• Manuel J. Perez De La Mesa, President, Chief Executive Officer, Director
• Mark W. Joslin, Chief Financial Officer, Senior Vice President
• Peter D. Arvan, Chief Operating Officer, Executive Vice President
• Melanie M. Housey Hart, Chief Accounting Officer, Corporate Controller
• A. David Cook, Group Vice President
• Kenneth G. St. Romain, Group Vice President
• Jennifer M. Neil, General Counsel, Corporate Secretary
• John E. Stokely, Non-Executive Chairman of the Board
• Andrew W. Code, Independent Director
• Timothy M. Graven, Independent Director

Pool Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.01%), Vanguard Group Inc. (7.81%), Neuberger Berman Group LLC (6.48%), JPMorgan Chase & Co. (4.77%), Eagle Asset Management Inc. (2.73%) and FMR LLC (2.66%). Company insiders that own Pool Corporation stock include Andrew W Code, Arthur D Cook, De La Mesa Manuel J Perez, Harlan F Seymour, Hart Melanie Housey, Jennifer M Neil, John E Stokely, Mark W Joslin, Robert C Sledd, Romain Kenneth G St, Timothy M Graven and Wilson B Sexton. View Institutional Ownership Trends for Pool Corporation.

Pool Corporation's stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Goldman Sachs Group Inc., Neuberger Berman Group LLC, Wells Fargo & Company MN, First Quadrant L P CA, AGF Investments Inc., Teachers Advisors LLC and QS Investors LLC. Company insiders that have sold Pool Corporation stock in the last year include De La Mesa Manuel J Perez, Hart Melanie Housey, Mark W Joslin, Romain Kenneth G St and Wilson B Sexton. View Insider Buying and Selling for Pool Corporation.

Pool Corporation's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Congress Asset Management Co. MA, Eagle Asset Management Inc., Ameriprise Financial Inc., Hancock Holding Co., Los Angeles Capital Management & Equity Research Inc., PDT Partners LLC and Principal Financial Group Inc.. View Insider Buying and Selling for Pool Corporation.

Shares of Pool Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pool Corporation stock can currently be purchased for approximately $107.75.