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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   311.72
Retirement Plans in 2023: Choosing the Right Account
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Mullen Automotive Stock Gains Momentum On Positive News
Apple’s Earnings, Expectations and Surprises
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
The Bottom Is In For Meta Platforms, Volatility Is Not Over
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Exxon Mobil Could Gush To New Highs Very Soon 
Closing prices for crude oil, gold and other commodities
NYSE:WSO

Watsco - WSO Stock Forecast, Price & News

$316.64
+16.27 (+5.42%)
(As of 02/2/2023 12:00 AM ET)
Add
Compare
Today's Range
$302.56
$318.87
50-Day Range
$247.00
$316.64
52-Week Range
$220.68
$318.87
Volume
552,271 shs
Average Volume
265,744 shs
Market Capitalization
$12.27 billion
P/E Ratio
22.81
Dividend Yield
3.41%
Price Target
$294.17

Watsco MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
7.1% Downside
$294.17 Price Target
Short Interest
Bearish
10.09% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.77
Upright™ Environmental Score
News Sentiment
0.41mentions of Watsco in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.35%
From $14.02 to $13.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

Construction Sector

95th out of 106 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 1 stocks

WSO stock logo

About Watsco (NYSE:WSO) Stock

Watsco, Inc. engages in the 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 and 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.

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WSO Stock News Headlines

Watsco to Host 2022 Earnings Call February 16, 2023
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
3 Mid-Cap Dividend Stocks to Buy in January
Do Watsco's (NYSE:WSO) Earnings Warrant Your Attention?
Should You Consider Adding Watsco (WSO) to Your Portfolio?
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Watsco Boosts Annual Dividend 11% to $9.80 Per Share
Watsco (WSO) to Report Q3 Earnings: Factors to Consider
What Is Watsco, Inc.'s (NYSE:WSO) Share Price Doing?
10 Best High-Dividend Stocks to Buy Now - Yahoo Finance
See More Headlines
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WSO Company Calendar

Last Earnings
10/19/2021
Ex-Dividend for 1/31 Dividend
1/13/2023
Dividend Payable
1/31/2023
Today
2/02/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hardware, & plumbing & heating equipment & supplies
Sub-Industry
Trading Companies & Distributors
CUSIP
94262220
Employees
6,900
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$294.17
High Stock Price Forecast
$350.00
Low Stock Price Forecast
$218.00
Forecasted Upside/Downside
-7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$418.95 million
Pretax Margin
11.31%

Debt

Sales & Book Value

Annual Sales
$6.28 billion
Cash Flow
$12.71 per share
Book Value
$51.52 per share

Miscellaneous

Free Float
33,336,000
Market Cap
$12.27 billion
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • 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













WSO Stock - Frequently Asked Questions

Should I buy or sell Watsco stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WSO shares. 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 WSO analyst ratings
or view top-rated stocks.

What is Watsco's stock price forecast for 2023?

6 analysts have issued 12 month target prices for Watsco's stock. Their WSO share price forecasts range from $218.00 to $350.00. On average, they expect the company's share price to reach $294.17 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts price targets for WSO
or view top-rated stocks among Wall Street analysts.

How have WSO shares performed in 2023?

Watsco's stock was trading at $249.40 at the start of the year. Since then, WSO shares have increased by 26.7% and is now trading at $315.87.
View the best growth stocks for 2023 here
.

When is Watsco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our WSO earnings forecast
.

How can I listen to Watsco's earnings call?

Watsco will be holding an earnings conference call on Thursday, February 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) issued its earnings results on Tuesday, October, 19th. The construction company reported $3.62 earnings per share for the quarter, topping the consensus estimate of $3.55 by $0.07. The construction company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.83 billion. Watsco had a trailing twelve-month return on equity of 25.19% and a net margin of 7.53%. Watsco's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the firm earned $2.76 earnings per share.

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

Watsco announced a quarterly dividend on Tuesday, January 3rd. Investors of record on Tuesday, January 17th will be paid a dividend of $2.45 per share on Tuesday, January 31st. This represents a $9.80 annualized dividend and a yield of 3.10%. The ex-dividend date is Friday, January 13th. This is a boost from the stock's previous quarterly dividend of $2.20.
Read our dividend analysis for WSO
.

Is Watsco a good dividend stock?

Watsco (NYSE:WSO) pays an annual dividend of $9.80 per share and currently has a dividend yield of 3.41%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 70.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSO will have a dividend payout ratio of 72.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSO.

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

15 employees have rated Watsco Chief Executive Officer Albert H. Nahmad on Glassdoor.com. Albert H. Nahmad has an approval rating of 85% among the company'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), Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Home Depot (HD), 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 institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (5.63%), DAVENPORT & Co LLC (1.47%), Boston Financial Mangement LLC (0.93%), Caledonia Investments PLC (0.71%), Welch & Forbes LLC (0.55%) and Allspring Global Investments Holdings LLC (0.54%). Insiders that own company stock include Barry S Logan, Brian E Keeley, Cesar L Alvarez and George Sape.
View institutional ownership trends
.

How do I buy shares of Watsco?

Shares of WSO 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.

What is Watsco's stock price today?

One share of WSO stock can currently be purchased for approximately $315.87.

How much money does Watsco make?

Watsco (NYSE:WSO) has a market capitalization of $12.24 billion and generates $6.28 billion in revenue each year. The construction company earns $418.95 million in net income (profit) each year or $13.88 on an earnings per share basis.

How many employees does Watsco have?

The company employs 6,900 workers across the globe.

How can I contact Watsco?

Watsco's mailing address is 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133. The official website for the company is www.watsco.com. The construction company can be reached via phone at (305) 714-4100, via email at info@watsco.com, or via fax at 305-858-4492.

This page (NYSE:WSO) was last updated on 2/3/2023 by MarketBeat.com Staff