Masonite International Corporation Company Profile (NYSE:DOOR)

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

Masonite International Corporation declared that its Board of Directors has approved a stock buyback program on Monday, April 10th 2017, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Masonite International Corporation (NYSE:DOOR) posted its quarterly earnings data on Monday, May, 8th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.05. The company had revenue of $487.18 million for the quarter, compared to analyst estimates of $497.51 million. Masonite International Corporation had a net margin of 5.29% and a return on equity of 14.73%. Masonite International Corporation's quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 EPS. View Masonite International Corporation's Earnings History.

8 equities research analysts have issued twelve-month target prices for Masonite International Corporation's shares. Their predictions range from $50.00 to $92.00. On average, they expect Masonite International Corporation's stock price to reach $78.63 in the next year. View Analyst Ratings for Masonite International Corporation.

Here are some recent quotes from research analysts about Masonite International Corporation stock:

• 1. According to Zacks Investment Research, "Masonite International Corp. is a designer and manufacturer of interior and exterior doors. It offers residential molded, flush, stile and rail, louvre and specially-ordered commercial and architectural doors and exterior residential steel, fiberglass, wood doors and entry systems. The company's portfolio of brands consist of Masonite(R), Marshfield(R), Premdor(R), Mohawk(R), Megantic(R), Algoma(R), Baillargeon(R), Birchwood Best(R) and Lemieux(R). It markets and sells product to remodeling contractors, builders, homeowners, retail dealers, lumberyards, commercial and general contractors and architects through wholesale and retail distribution channels. Masonite International Corp. is headquartered in Florida US. " (7/18/2017)
• 2. Wedbush analysts commented, "Masonite International (DOOR) remains a top small-to-mid cap stock for investors focused on an improving mid-term return on capital story as management brings to market new products and leverages a pricing strategy that captures fair value for its products and/or services. With tangible progress on their strategic plan including price and volumes in North America, management increased their long-term growth targets with 2019 adjusted EBITDA (AEBITDA) margin of 16-17% in exiting CY19. With DOOR's operating network continuing to support a richer mix in North America (NA), we would look for management to return cash to shareholders (~$4.25 per share in FCF in '17E) through a share repurchase program when higher growth returns are not available." (2/24/2017)

Some companies that are related to Masonite International Corporation include Cinemark Holdings (CNK), Skechers U.S.A. (SKX), Pool Corporation (POOL), Mediaset SpA (MDIUY), Liberty Global PLC (LILAK), Liberty Global PLC (LILA), Cable One (CABO), Carter's (CRI), AMC Networks (AMCX), Columbia Sportswear Company (COLM), Cedar Fair, L.P. (FUN), Extended Stay America (STAY), International Game Technology (IGT), Grand Canyon Education (LOPE), Choice Hotels International (CHH), Tribune Media Company (TRCO), Hilton Grand Vacations (HGV) and Sinclair Broadcast Group (SBGI).

Masonite International Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.92%), US Bancorp DE (0.04%) and Independent Portfolio Consultants Inc. (0.01%). Company insiders that own Masonite International Corporation stock include Frederick J Lynch, Gail N Auerbach, James A Hair, John C Wills, Lawrence P Repar, Robert Edgar Lewis, Robert J Byrne and Russell Thane Tiejema. View Institutional Ownership Trends for Masonite International Corporation.

Masonite International Corporation's stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Independent Portfolio Consultants Inc.. Company insiders that have sold Masonite International Corporation stock in the last year include James A Hair, Lawrence P Repar and Robert Edgar Lewis. View Insider Buying and Selling for Masonite International Corporation.

Masonite International Corporation's stock was purchased by a variety of institutional investors in the last quarter, including US Bancorp DE. View Insider Buying and Selling for Masonite International Corporation.

Shares of Masonite International 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 Masonite International Corporation stock can currently be purchased for approximately $76.70.