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. Investors of record on Wednesday, August 9th will be given 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 1.32%. The ex-dividend date of this dividend is Monday, August 7th. View Pool Corporation's Dividend History.

Pool Corporation announced that its board has approved a share repurchase program on Sunday, June 4th 2017, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Pool Corporation (NASDAQ:POOL) posted its quarterly earnings results on Thursday, October, 19th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by $1.17. Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. 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.

4 equities research analysts have issued 1 year price objectives for Pool Corporation's shares. Their forecasts range from $128.00 to $131.00. On average, they expect 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 during 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 volume of 307,166 shares, the short-interest ratio is currently 6.9 days. Currently, 5.4% of the company's stock are short sold.

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

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

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 $111.90.