S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:WSO

Watsco Stock Forecast, Price & News

$301.96
+2.81 (+0.94%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$295.75
$304.60
50-Day Range
$264.62
$308.40
52-Week Range
$216.25
$309.16
Volume
125,075 shs
Average Volume
156,923 shs
Market Capitalization
$11.71 billion
P/E Ratio
30.62
Dividend Yield
2.61%
Beta
0.79
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
$7.83 per share
Book Value
$52.14 per share

Profitability

Net Income
$269.58 million
Pretax Margin
9.70%

Debt

Price-To-Earnings

Miscellaneous

Free Float
33,579,000
Market Cap
$11.71 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/14/2021
Last Earnings
10/19/2021
Dividend Payable
10/29/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

Social Links


MarketRank

Overall MarketRank

2.11 out of 5 stars

Construction Sector

72nd out of 136 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.

How has Watsco's stock price been impacted by Coronavirus?

Watsco's stock was trading at $164.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WSO shares have increased by 83.1% and is now trading at $301.96.
View which stocks have been most impacted by COVID-19
.

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) posted its quarterly earnings data on Tuesday, October, 19th. The construction company reported $3.62 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 6.52% and a trailing twelve-month return on equity of 20.51%. The company'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 EPS.
View Watsco's earnings history
.

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 given a dividend of $1.95 per share on Friday, October 29th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 2.58%. 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 2.61%. 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 79.11%. 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 70.91% 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 targets for Watsco's stock. Their forecasts range from $218.00 to $350.00. On average, they anticipate Watsco's stock price to reach $281.33 in the next twelve months. This suggests that the stock has a possible downside of 6.8%.
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), 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 shareholders include BlackRock Inc. (9.13%), Baillie Gifford & Co. (5.27%), Capital World Investors (2.61%), Kayne Anderson Rudnick Investment Management LLC (2.26%), Wellington Management Group LLP (2.04%) and Neuberger Berman Group LLC (1.95%). Company insiders that own Watsco stock include Barry S Logan and George Sape.
View institutional ownership trends for Watsco
.

Which institutional investors are selling Watsco stock?

WSO stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Ninety One UK Ltd, Schroder Investment Management Group, Wellington Management Group LLP, Invesco Ltd., First Republic Investment Management Inc., Baillie Gifford & Co., and BlackRock Inc..
View insider buying and selling activity for Watsco
or view top insider-selling stocks.

Which institutional investors are buying Watsco stock?

WSO stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Millennium Management LLC, Vaughan Nelson Investment Management L.P., Renaissance Technologies LLC, DNB Asset Management AS, and Deutsche Bank AG.
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 $301.96.

How much money does Watsco make?

Watsco has a market capitalization of $11.71 billion and generates $5.05 billion in revenue each year. The construction company earns $269.58 million in net income (profit) each year or $9.86 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, via email at [email protected], or via fax at 305-858-4492.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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