Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. In addition, the company exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
SectorConstruction
SymbolNYSE:WSO
CUSIP94262220
Phone305-714-4100
Debt
Debt-to-Equity Ratio0.06
Current Ratio3.63
Quick Ratio1.49
Price-To-Earnings
Trailing P/E Ratio33.91
Forward P/E Ratio27.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.60
Cash Flow$6.1283 per share
Price / Cash30.32
Book Value$43.40 per share
Price / Book4.28
Profitability
EPS (Most Recent Fiscal Year)$5.48
Net Income$208.22 million
Net Margins4.92%
Return on Equity14.44%
Return on Assets9.79%
Miscellaneous
Employees5,200
Outstanding Shares37,360,000
Market Cap$6,938.50
Watsco (NYSE:WSO) Frequently Asked Questions
What is Watsco's stock symbol?
Watsco trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSO."
How often does Watsco pay dividends? What is the dividend yield for Watsco?
Watsco announced a quarterly dividend on Monday, July 2nd. Shareholders of record on Tuesday, July 17th will be paid a dividend of $1.45 per share on Tuesday, July 31st. This represents a $5.80 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Monday, July 16th. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) issued its earnings results on Tuesday, April, 24th. The construction company reported $0.89 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.89. The construction company earned $926.58 million during the quarter, compared to analyst estimates of $911.45 million. Watsco had a return on equity of 14.44% and a net margin of 4.92%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 earnings per share. View Watsco's Earnings History.
When is Watsco's next earnings date?
What price target have analysts set for WSO?
7 Wall Street analysts have issued 1-year price targets for Watsco's shares. Their forecasts range from $156.00 to $195.00. On average, they anticipate Watsco's stock price to reach $180.6667 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Ratings for Watsco.
What is the consensus analysts' recommendation for Watsco?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include Weyerhaeuser (WY), ATLANTIA SPA/ADR (ATASY), Lennar (LEN), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), D. R. Horton (DHI), FERROVIAL S A/ADR (FRRVY), Lennar Co. Class B (LEN.B), Martin Marietta Materials (MLM), United Rentals (URI), Rollins (ROL), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), NVR (NVR) and PERSIMMON/ADR (PSMMY).
Who are Watsco's key executives?
Watsco's management team includes the folowing people:
- Mr. Albert H. Nahmad, Chairman & CEO (Age 77)
- Mr. Aaron J. Nahmad, Pres & Director (Age 37)
- Ms. Ana M. Menendez, CFO, Treasurer & Assistant Sec. (Age 53)
- Mr. Barry S. Logan, Sr. VP & Sec. (Age 55)
- Mr. Paul W. Johnston, Exec. VP (Age 65)
Has Watsco been receiving favorable news coverage?
News coverage about WSO stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Watsco earned a media sentiment score of 0.04 on Accern's scale. They also assigned news articles about the construction company an impact score of 46.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Watsco's major shareholders?
Watsco's stock is owned by many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (2.35%), DAVENPORT & Co LLC (1.50%), Handelsbanken Fonder AB (0.50%), KAMES CAPITAL plc (0.43%), Caledonia Investments PLC (0.42%) and Riverbridge Partners LLC (0.40%). Company insiders that own Watsco stock include Barry S Logan and Technologies Corp /De/ United. 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 DAVENPORT & Co LLC, Handelsbanken Fonder AB, Riverbridge Partners LLC, Sit Investment Associates Inc., Municipal Employees Retirement System of Michigan, Private Trust Co. NA and Pennsylvania Trust Co. View Insider Buying and Selling for Watsco.
Which major investors are buying Watsco stock?
WSO stock was acquired by a variety of institutional investors in the last quarter, including Caledonia Investments PLC, Baillie Gifford & Co., Chicago Capital LLC, Bank of Montreal Can, Nisa Investment Advisors LLC, Wendell David Associates Inc., KAMES CAPITAL plc and Krueger & Catalano Capital Partners LLC. View Insider Buying and Selling for Watsco.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Watsco's stock price today?
One share of WSO stock can currently be purchased for approximately $185.73.
How big of a company is Watsco?
Watsco has a market capitalization of $6.94 billion and generates $4.34 billion in revenue each year. The construction company earns $208.22 million in net income (profit) each year or $5.48 on an earnings per share basis. Watsco employs 5,200 workers across the globe.
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]
MarketBeat Community Rating for Watsco (NYSE WSO)
MarketBeat's community ratings are surveys of what our community members think about Watsco and other stocks. Vote "Outperform" if you believe WSO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WSO will underperform the S&P 500 over the long term. You may vote once every thirty days.
