S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
NYSE:WSO

Watsco Stock Forecast, Price & News

$287.35
-6.41 (-2.18 %)
(As of 10/26/2021 12:00 AM ET)
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Today's Range
$287.21
$294.12
50-Day Range
$264.62
$289.13
52-Week Range
$216.25
$307.81
Volume120,262 shs
Average Volume164,115 shs
Market Capitalization$11.13 billion
P/E Ratio31.93
Dividend Yield2.66%
Beta0.77
30 days | 90 days | 365 days | Advanced Chart
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Watsco logo

About Watsco

Watsco, Inc. engages in distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment, parts, including replacement compressors, evaporator coils, motors and other component parts; and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

Headlines

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Industry, Sector and Symbol

Industry
Hardware, & plumbing & heating equipment & supplies
Sub-Industry
Trading Companies & Distributors
CUSIP
94262220
Employees
5,800
Year Founded
1945

Sales & Book Value

Annual Sales
$5.05 billion
Cash Flow
$7.81 per share
Book Value
$46.25 per share

Profitability

Net Income
$269.58 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$11.13 billion
Next Earnings Date
2/10/2022 (Estimated)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

2.11 out of 5 stars

Construction Sector

74th out of 137 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 2 stocks

Analyst Opinion: 1.1Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Watsco (NYSE:WSO) Frequently Asked Questions

Is Watsco a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Watsco stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WSO, but not buy additional shares or sell existing shares.
View analyst ratings for Watsco
or view top-rated stocks.

What stocks does MarketBeat like better than Watsco?

Wall Street analysts have given Watsco a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Watsco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for Watsco
.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) issued its quarterly earnings data on Tuesday, October, 19th. The construction company reported $3.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.55 by $0.07. The construction company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.83 billion. Watsco had a trailing twelve-month return on equity of 19.20% and a net margin of 6.19%. Watsco's quarterly revenue was up 16.0% on a year-over-year basis. During the same period last year, the company posted $2.76 EPS.
View Watsco's earnings history
.

How has Watsco's stock been impacted by COVID-19 (Coronavirus)?

Watsco's stock was trading at $164.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WSO stock has increased by 74.3% and is now trading at $287.35.
View which stocks have been most impacted by COVID-19
.

How often does Watsco pay dividends? What is the dividend yield for Watsco?

Watsco announced a quarterly dividend on Saturday, October 2nd. Investors of record on Friday, October 15th will be paid a dividend of $1.95 per share on Friday, October 29th. This represents a $7.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend is Thursday, October 14th.
View Watsco's dividend history
.

Is Watsco a good dividend stock?

Watsco pays an annual dividend of $7.80 per share and currently has a dividend yield of 2.66%. Watsco has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Watsco is 111.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Watsco will have a dividend payout ratio of 74.22% next year. This indicates that Watsco will be able to sustain or increase its dividend.
View Watsco's dividend history.

What price target have analysts set for WSO?

8 Wall Street analysts have issued 12 month price objectives for Watsco's shares. Their forecasts range from $218.00 to $350.00. On average, they expect Watsco's stock price to reach $281.33 in the next year. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for Watsco
or view top-rated stocks among Wall Street analysts.

Who are Watsco's key executives?

Watsco's management team includes the following people:
  • Albert H. Nahmad, Chairman & Chief Executive Officer
  • Aaron J. Nahmad, President & Director
  • Ana M. Menendez, Chief Financial Officer & Treasurer
  • Steven Rupp, Chief Technology Officer
  • Marcos Trinidad, Director-Technology & Supply Chain

What is Albert H. Nahmad's approval rating as Watsco's CEO?

15 employees have rated Watsco CEO Albert H. Nahmad on Glassdoor.com. Albert H. Nahmad has an approval rating of 85% among Watsco's employees. 68.0% of employees surveyed would recommend working at Watsco to a friend.

What other stocks do shareholders of Watsco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Watsco investors own include NVIDIA (NVDA), The Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), The Home Depot (HD), The Coca-Cola (KO), Netflix (NFLX), Tesla (TSLA), Visa (V) and AbbVie (ABBV).

What is Watsco's stock symbol?

Watsco trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSO."

Who are Watsco's major shareholders?

Watsco's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (5.27%), DAVENPORT & Co LLC (1.63%), Welch & Forbes LLC (0.52%), Howland Capital Management LLC (0.41%), Capital Advisors Inc. OK (0.24%) and Conestoga Capital Advisors LLC (0.19%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss and George Sape.
View institutional ownership trends for Watsco
.

Which major investors are selling Watsco stock?

WSO stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., DAVENPORT & Co LLC, Stock Yards Bank & Trust Co., Unigestion Holding SA, Howland Capital Management LLC, Nisa Investment Advisors LLC, Redmond Asset Management LLC, and Moody Lynn & Lieberson LLC.
View insider buying and selling activity for Watsco
or view top insider-selling stocks.

Which major investors are buying Watsco stock?

WSO stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Appleton Partners Inc. MA, Robeco Institutional Asset Management B.V., Wendell David Associates Inc., Insight Folios Inc, Welch & Forbes LLC, Bath Savings Trust Co, and Conestoga Capital Advisors LLC.
View insider buying and selling activity for Watsco
or or view top insider-buying stocks.

How do I buy shares of Watsco?

Shares of WSO 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.

What is Watsco's stock price today?

One share of WSO stock can currently be purchased for approximately $287.35.

How much money does Watsco make?

Watsco has a market capitalization of $11.13 billion and generates $5.05 billion in revenue each year. The construction company earns $269.58 million in net income (profit) each year or $7.01 on an earnings per share basis.

How many employees does Watsco have?

Watsco employs 5,800 workers across the globe.

When was Watsco founded?

Watsco was founded in 1945.

What is Watsco's official website?

The official website for Watsco is www.watsco.com.

Where are Watsco's headquarters?

How can I contact Watsco?

Watsco's mailing address is 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133. The construction company can be reached via phone at (305) 714-4100 or via email at [email protected].


This page was last updated on 10/27/2021 by MarketBeat.com Staff

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