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
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 Ratio34.01
Forward P/E Ratio27.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.60
Cash Flow$6.0646 per share
Price / Cash30.67
Book Value$43.40 per share
Price / Book4.29
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
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, April 2nd. Stockholders of record on Monday, April 16th will be given a dividend of $1.45 per share on Monday, April 30th. This represents a $5.80 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Friday, April 13th. This is a positive change from Watsco's previous quarterly dividend of $1.25. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) posted its quarterly earnings results on Tuesday, April, 24th. The construction company reported $0.89 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.89. The construction company had revenue of $926.58 million for 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 business's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.71 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
What price target have analysts set for WSO?
8 Wall Street analysts have issued 1 year price objectives for Watsco's shares. Their predictions range from $156.00 to $195.00. On average, they expect Watsco's stock price to reach $180.6667 in the next year. View Analyst Ratings for Watsco.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include Weyerhaeuser (WY), Atlantia (ATASY), HEIDELBERGCEMEN/ADR (HDELY), Vulcan Materials (VMC), Lennar (LEN), D. R. Horton (DHI), FERROVIAL S A/ADR (FRRVY), Martin Marietta Materials (MLM), Lennar Co. Class B (LEN.B), United Rentals (URI), Sekisui House (SKHSY), Masco (MAS), NVR (NVR), Rollins (ROL) 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 stories about WSO stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Watsco earned a daily sentiment score of 0.13 on Accern's scale. They also gave media coverage about the construction company an impact score of 47.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Watsco's major shareholders?
Watsco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.72%), Neuberger Berman Group LLC (2.47%), Blair William & Co. IL (2.21%), Baillie Gifford & Co. (2.20%), Wells Fargo & Company MN (2.03%) and Thomaspartners Inc. (1.69%). 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 JPMorgan Chase & Co., Blair William & Co. IL, OppenheimerFunds Inc., Neuberger Berman Group LLC, Oak Ridge Investments LLC, Sei Investments Co., Crawford Investment Counsel Inc. and Clinton Group Inc.. 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 BlackRock Inc., Chicago Capital LLC, Baillie Gifford & Co., DekaBank Deutsche Girozentrale, Handelsbanken Fonder AB, Sandler Capital Management, Schwab Charles Investment Management Inc. and Kayne Anderson Rudnick Investment Management 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 $186.00.
How big of a company is Watsco?
Watsco has a market capitalization of $7.02 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 (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.
