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NYSE:WSO

Watsco - WSO Stock Forecast, Price & News

$256.66
+2.75 (+1.08%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$253.26
$259.36
50-Day Range
$238.59
$283.23
52-Week Range
$220.68
$318.98
Volume
187,988 shs
Average Volume
265,794 shs
Market Capitalization
$9.94 billion
P/E Ratio
18.49
Dividend Yield
3.47%
Price Target
$297.00

Watsco MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
15.7% Upside
$297.00 Price Target
Short Interest
Bearish
8.36% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.77
Upright™ Environmental Score
News Sentiment
0.17mentions of Watsco in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.49%
From $14.04 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.

1.77 out of 5 stars

Construction Sector

84th out of 105 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 1 stocks

WSO stock logo

About Watsco (NYSE:WSO) Stock

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.

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WSO Stock News Headlines

Watsco, Inc. (NYSE:WSO) Receives $297.00 Average PT from Analysts
Analysts Set Watsco, Inc. (NYSE:WSO) Target Price at $297.00
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

Ex-Dividend for 10/31 Dividend
10/14/2022
Last Earnings
10/20/2022
Dividend Payable
10/31/2022
Today
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/09/2023

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
$297.00
High Stock Price Forecast
$350.00
Low Stock Price Forecast
$218.00
Forecasted Upside/Downside
+15.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$418.95 million
Pretax Margin
11.31%

Debt

Sales & Book Value

Annual Sales
$6.28 billion
Cash Flow
$11.66 per share
Book Value
$51.52 per share

Miscellaneous

Free Float
33,336,000
Market Cap
$9.94 billion
Optionable
Optionable
Beta
0.88

Social Links


Key Executives

  • Mr. Albert H. Nahmad (Age 81)
    Chairman & CEO
    Comp: $672.64k
  • Mr. Aaron J. Nahmad (Age 41)
    Pres & Director
    Comp: $907.56k
  • Ms. Ana M. Menendez (Age 57)
    CFO & Treasurer
    Comp: $357.25k
  • Mr. Barry S. LoganMr. Barry S. Logan (Age 59)
    Exec. VP of Planning & Strategy and Sec.
    Comp: $468.53k
  • Mr. Steven Rupp
    Chief Technology Officer
  • Mr. Paul W. Johnston (Age 69)
    Exec. VP
  • Mr. Rick Gomez
    VP of Corp. Devel.













WSO Stock - Frequently Asked Questions

Should I buy or sell Watsco stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research 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?

5 brokerages have issued 1-year price targets for Watsco's stock. Their WSO share price forecasts range from $218.00 to $350.00. On average, they anticipate the company's stock price to reach $297.00 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for WSO
or view top-rated stocks among Wall Street analysts.

How have WSO shares performed in 2022?

Watsco's stock was trading at $312.88 on January 1st, 2022. Since then, WSO shares have decreased by 18.0% and is now trading at $256.66.
View the best growth stocks for 2022 here
.

When is Watsco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our WSO earnings forecast
.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) issued its earnings results on Thursday, October, 20th. The construction company reported $4.03 EPS for the quarter, missing analysts' consensus estimates of $4.39 by $0.36. The construction company earned $2.04 billion during the quarter, compared to analyst estimates of $2.03 billion. Watsco had a trailing twelve-month return on equity of 25.19% and a net margin of 7.53%.

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

Watsco announced a quarterly dividend on Monday, October 3rd. Investors of record on Monday, October 17th will be given a dividend of $2.20 per share on Monday, October 31st. This represents a $8.80 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, October 14th.
Read our dividend analysis for WSO
.

Is Watsco a good dividend stock?

Watsco (NYSE:WSO) pays an annual dividend of $8.80 per share and currently has a dividend yield of 3.47%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 63.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSO will have a dividend payout ratio of 64.94% 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (10.09%), Vanguard Group Inc. (8.14%), Baillie Gifford & Co. (5.56%), Kayne Anderson Rudnick Investment Management LLC (4.47%), State Street Corp (2.39%) and Blair William & Co. IL (1.79%). 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 $256.66.

How much money does Watsco make?

Watsco (NYSE:WSO) has a market capitalization of $9.94 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 12/8/2022 by MarketBeat.com Staff