Pool Corporation Company Profile (NASDAQ:POOL)

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

Pool Corporation announced a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.37 per share on Wednesday, May 31st. This represents a $1.48 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Monday, May 15th. This is an increase from Pool Corporation's previous quarterly dividend of $0.31. View Pool Corporation's Dividend History.

Pool Corporation declared that its Board of Directors has approved a stock repurchase plan 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 repurchase up to 3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board 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 analysts' consensus estimates of $2.24 by $0.03. The firm earned $988.16 million during the quarter, compared to analysts' expectations of $982.66 million. Pool Corporation had a net margin of 5.95% and a return on equity of 61.85%. Pool Corporation's revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.98 EPS. View Pool Corporation's Earnings History.

Pool Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for Pool Corporation.

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

2 brokers have issued 1-year price objectives for Pool Corporation's shares. Their predictions range from $128.00 to $130.00. On average, they anticipate Pool Corporation's stock price to reach $129.00 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 have outperformed the Zacks categorized Leisure & Recreation Products industry year to date. In fact, first-quarter 2017 marked the 28th consecutive quarter of year-over-year growth for Pool in sales, gross profit and operating earnings. Notably, the company should continue to benefit in the near term from base business sales growth and favorable trends in the housing market. Additionally, continuous strong growth in the remodel and replacement sectors of its business is a major positive. Further, stronger consumer discretionary spending along with a tight supply situation, point to consistently robust demand for 2017. The company’s leading market share position and opportunistic expansion strategies position it well for revenue growth. However, seasonality of the company’s business and macroeconomic headwinds owing to large global presence raise concern." (7/4/2017)
• 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), Hanesbrands (HBI), lululemon athletica inc. (LULU), News Corporation (NWS), Vail Resorts (MTN), Under Armour (UA), News Corporation (NWSA), Take-Two Interactive Software (TTWO), Toro Company (The) (TTC), Live Nation Entertainment (LYV), Mattel (MAT), Leggett & Platt, Incorporated (LEG), Hyatt Hotels Corporation (H), Gildan Activewear (GIL), UbiSoft Entertainment (UBSFY), Liberty Media Corporation (FWONA), Man Wah Holdings Ltd (MAWHY) and China Lodging Group, Limited (HTHT).

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, 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 number of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.65%), Handelsbanken Fonder AB (0.93%), Copeland Capital Management LLC (0.51%), First Quadrant L P CA (0.33%), Handelsinvest Investeringsforvaltning (0.28%) and GW&K Investment Management LLC (0.13%). Company insiders that own Pool Corporation stock include Andrew W Code, Arthur D Cook, De La Mesa Manuel J Perez, George T Haymaker, 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 First Quadrant L P CA, Fisher Asset Management LLC, GW&K Investment Management LLC, Bank of Montreal Can, Nisa Investment Advisors LLC, Bremer Trust National Association, Conestoga Capital Advisors LLC and Capstone Asset Management Co.. Company insiders that have sold Pool Corporation stock in the last year include Arthur D Cook, De La Mesa Manuel J Perez, Harlan F Seymour, 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 Handelsinvest Investeringsforvaltning, Handelsbanken Fonder AB, Copeland Capital Management LLC, US Bancorp DE, Aperio Group LLC, Oakbrook Investments LLC, Capital One National Association and Oregon Public Employees Retirement Fund. 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 $105.84.