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 1.37%. The ex-dividend date is Monday, August 7th. View Pool Corporation's Dividend History.

Pool Corporation announced that its board has initiated a stock 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 generally a sign that the company's management believes its shares are undervalued.

Pool Corporation (NASDAQ:POOL) issued its quarterly earnings results on Thursday, July, 20th. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.24 by $0.03. The firm earned $988.16 million during the quarter. Pool Corporation had a return on equity of 63.34% and a net margin of 6.15%. Pool Corporation's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $1.98 earnings per share. 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 earnings per share guidance of $4.12-4.32 for the period, compared to the Thomson Reuters consensus estimate of $4.25.

4 brokerages have issued twelve-month price targets for Pool Corporation's shares. Their predictions range from $128.00 to $131.00. On average, they expect Pool Corporation's share 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)

Some companies that are related to Pool Corporation include Snap-On Incorporated (SNA), China Lodging Group, Limited (HTHT), Discovery Communications (DISCB), 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), Michael Kors Holdings Limited (KORS), Gildan Activewear (GIL) and Polaris Industries (PII).

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 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 $107.68.