Pool Corporation Company Profile (NASDAQ:POOL)

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

Pool Corporation announced 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 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Monday, August 7th. View Pool Corporation's Dividend History.

Pool Corporation announced that its board has initiated a share buyback plan on Sunday, June 4th 2017, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its shares are undervalued.

Pool Corporation (NASDAQ:POOL) released its quarterly earnings results on Thursday, October, 19th. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.02. The company had revenue of $743.40 million for the quarter, compared to the consensus estimate of $727.95 million. Pool Corporation had a return on equity of 69.28% and a net margin of 6.19%. Pool Corporation's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $1.03 earnings per share. View Pool Corporation's Earnings History.

Pool Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 15th 2018. View Earnings Estimates for Pool Corporation.

Pool Corporation updated its FY17 earnings guidance on Thursday, October, 19th. The company provided earnings per share guidance of $4.01-4.11 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.06.

4 equities research analysts have issued 12-month target prices for Pool Corporation's stock. Their forecasts range from $128.00 to $131.00. On average, they expect Pool Corporation's stock price to reach $130.00 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 trading volume of 307,166 shares, the days-to-cover ratio is currently 6.9 days. Currently, 5.4% of the company's stock are sold short.

Some companies that are related to Pool Corporation include Electrolux AB (ELUXY), Snap-On Incorporated (SNA), ITV PLC. (ITVPY), China Lodging Group, Limited (HTHT), Vail Resorts (MTN), Discovery Communications (DISCB), Live Nation Entertainment (LYV), Liberty Media Corporation (FWONK), lululemon athletica inc. (LULU), Hanesbrands (HBI), Man Wah Holdings Ltd (MAWHY), UbiSoft Entertainment (UBSFY), Liberty Media Corporation (FWONA), News Corporation (NWS), News Corporation (NWSA), Hyatt Hotels Corporation (H), Discovery Communications (DISCA) 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 many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.63%), Nationwide Fund Advisors (0.66%), Personal Capital Advisors Corp (0.34%), Handelsinvest Investeringsforvaltning (0.33%), State Treasurer State of Michigan (0.04%) and Robeco Institutional Asset Management B.V. (0.00%). 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 Nationwide Fund Advisors, Robeco Institutional Asset Management B.V., Fisher Asset Management LLC and State Treasurer State of Michigan. 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 purchased by a variety of institutional investors in the last quarter, including Handelsinvest Investeringsforvaltning and Personal Capital Advisors Corp. 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 $120.96.