Masonite International (DOOR) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Masonite International in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DOOR shares.
View DOOR analyst ratings or view top-rated stocks.

5 brokers have issued 1-year price targets for Masonite International's shares. Their DOOR share price forecasts range from $90.00 to $115.00. On average, they predict the company's stock price to reach $106.43 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for DOOR or view top-rated stocks among Wall Street analysts.

Masonite International's stock was trading at $80.61 at the beginning of the year. Since then, DOOR stock has increased by 24.7% and is now trading at $100.49.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our DOOR earnings forecast.

Masonite International Co. (NYSE:DOOR) announced its earnings results on Monday, May, 8th. The company reported $1.88 EPS for the quarter, beating analysts' consensus estimates of $1.58 by $0.30. The business earned $726 million during the quarter, compared to the consensus estimate of $688.20 million. Masonite International had a trailing twelve-month return on equity of 27.22% and a net margin of 6.40%. Masonite International's revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.89 earnings per share.

ETFs with the largest weight of Masonite International (NYSE:DOOR) stock in their portfolio include Nuveen Small Cap Select ETF (NSCS), Roundhill Acquirers Deep Value ETF (DEEP), Global X Green Building ETF (GRNR), Avantis U.S. Small Cap Value ETF (AVUV), iShares U.S. Home Construction ETF (ITB), Barrons 400 ETF (BFOR), Avantis U.S. Small Cap Equity ETF (AVSC) and Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).

Masonite International issued an update on its FY 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of $7.25-$8.25 for the period, compared to the consensus EPS estimate of $7.99. The company issued revenue guidance of $2.75 billion-$2.89 billion, compared to the consensus revenue estimate of $2.81 billion.

4 employees have rated Masonite International Chief Executive Officer Howard Heckes on Glassdoor.com. Howard Heckes has an approval rating of 35% among the company's employees. This puts Howard Heckes in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Masonite International investors own include Advanced Micro Devices (AMD), Intel (INTC), Alibaba Group (BABA), General Mills (GIS), McDonald's (MCD), NVIDIA (NVDA), Tesla (TSLA), Cisco Systems (CSCO), Home Depot (HD) and Marvell Technology (MRVL).

Masonite International trades on the New York Stock Exchange (NYSE) under the ticker symbol "DOOR."

Masonite International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (8.31%), BlackRock Inc. (6.73%), FMR LLC (5.84%), Franklin Resources Inc. (4.93%), Pzena Investment Management LLC (3.77%) and Dimensional Fund Advisors LP (3.35%). Insiders that own company stock include Alexander Albert Legall, Catherine Anne Shellabarger, Jay Ira Steinfeld, John H Chuang, Jonathan F Foster, Randal Alan White, Robert Edgar Lewis and Robert J Byrne.
View institutional ownership trends.

Shares of DOOR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DOOR stock can currently be purchased for approximately $100.49.

Masonite International (NYSE:DOOR) has a market capitalization of $2.22 billion and generates $2.89 billion in revenue each year. The company earns $214.23 million in net income (profit) each year or $8.21 on an earnings per share basis.

The company employs 10,000 workers across the globe.

Masonite International's mailing address is One Tampa City Center 201 North Franklin Street Suite 300, Tampa FL, 33602. The official website for the company is www.masonite.com. The company can be reached via phone at (813) 877-2726, via email at investorrelations@masonite.com, or via fax at 813-739-0204.