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S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
S&P 500   3,768.47
DOW   30,924.14
QQQ   304.10
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Watsco Stock Forecast, Price & News

-6.34 (-2.64 %)
(As of 03/4/2021 12:00 AM ET)
Today's Range
Now: $233.66
50-Day Range
MA: $245.13
52-Week Range
Now: $233.66
Volume266,369 shs
Average Volume205,674 shs
Market Capitalization$8.99 billion
P/E Ratio38.30
Dividend Yield2.96%
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.
Watsco logo


Watsco- A "Cool" Idea in HVAC - Yahoo Finance
March 2, 2021 |  finance.yahoo.com
3 Money Mistakes I Made as a New Parent - Nasdaq
February 28, 2021 |  nasdaq.com
Why Watsco Is a Retiree's Dream Stock
February 28, 2021 |  finance.yahoo.com
Don't Worry, Watsco Has It Covered - Seeking Alpha
February 19, 2021 |  seekingalpha.com
Watsco (WSO) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
February 12, 2021 |  finance.yahoo.com
Watsco, Inc. to Host Earnings Call - Yahoo Finance
February 11, 2021 |  finance.yahoo.com
Recap: Watsco Q4 Earnings - Benzinga
February 11, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
Year FoundedN/A



Sales & Book Value

Annual Sales$4.77 billion
Cash Flow$7.14 per share
Book Value$45.01 per share


Net Income$245.95 million


Market Cap$8.99 billion
Next Earnings Date4/22/2021 (Estimated)


Overall MarketRank

1.46 out of 5 stars

Construction Sector

78th out of 205 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 4 stocks

Analyst Opinion: 2.1Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
-6.34 (-2.64 %)
(As of 03/4/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 twelve months. There are currently 7 hold ratings and 1 buy rating 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.

What stocks does MarketBeat like better than Watsco?

Wall Street analysts have given Watsco a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Watsco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Watsco

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) released its quarterly earnings results on Thursday, February, 11th. The construction company reported $1.14 EPS for the quarter, topping the Zacks' consensus estimate of $1.01 by $0.13. Watsco had a net margin of 4.77% and a trailing twelve-month return on equity of 13.38%.
View Watsco's earnings history

How has Watsco's stock been impacted by COVID-19?

Watsco's stock was trading at $164.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WSO shares have increased by 41.7% and is now trading at $233.66.
View which stocks have been most impacted by COVID-19

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

Watsco announced a quarterly dividend on Monday, January 4th. Shareholders of record on Friday, January 15th will be given a dividend of $1.775 per share on Friday, January 29th. This represents a $7.10 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Thursday, January 14th.
View Watsco's dividend history

Is Watsco a good dividend stock?

Watsco pays an annual dividend of $7.10 per share and currently has a dividend yield of 2.96%. Watsco does not yet have a strock track record of dividend growth. The dividend payout ratio of Watsco is 109.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Watsco will have a dividend payout ratio of 104.72% in the coming year. This indicates that Watsco may not be able to sustain their current dividend.
View Watsco's dividend history.

What price target have analysts set for WSO?

8 analysts have issued 1 year price objectives for Watsco's shares. Their forecasts range from $168.00 to $250.00. On average, they anticipate Watsco's share price to reach $217.25 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
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:
  • Mr. Albert H. Nahmad, Chairman & CEO (Age 80, Pay $890.72k)
  • Mr. Aaron J. Nahmad, Pres & Director (Age 40, Pay $558.25k)
  • Ms. Ana M. Menendez, CFO & Treasurer (Age 56, Pay $303.1k)
  • Mr. Barry S. Logan, Exec. VP of Planning & Strategy and Sec. (Age 58, Pay $374.95k)
  • Mr. Steven Rupp, Chief Technology Officer
  • Mr. Paul W. Johnston, Exec. VP (Age 68)
  • Mr. Rick Gomez, VP of Corp. Devel.

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.

Who are some of Watsco's key competitors?

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), The Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), The Home Depot (HD), The 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 BlackRock Inc. (8.97%), Baillie Gifford & Co. (4.52%), Charles Schwab Investment Management Inc. (2.95%), DAVENPORT & Co LLC (1.62%), Bank of New York Mellon Corp (1.51%) and Blair William & Co. IL (1.46%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss 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 Captrust Financial Advisors, JPMorgan Chase & Co., Bahl & Gaynor Inc., Capital Advisors Inc. OK, Royce & Associates LP, Price T Rowe Associates Inc. MD, New York State Common Retirement Fund, and Nuveen Asset Management LLC.
View insider buying and selling activity for Watsco
or view top insider-selling stocks.

Which institutional investors are buying Watsco stock?

WSO stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Baillie Gifford & Co., BlackRock Inc., RMB Capital Management LLC, Russell Investments Group Ltd., First Trust Advisors LP, Bank of New York Mellon Corp, and Janus Henderson Group PLC.
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 $233.66.

How much money does Watsco make?

Watsco has a market capitalization of $8.99 billion and generates $4.77 billion in revenue each year. The construction company earns $245.95 million in net income (profit) each year or $6.50 on an earnings per share basis.

How many employees does Watsco have?

Watsco employs 5,700 workers across the globe.

What is Watsco's official website?

The official website for Watsco is www.watsco.com.

Where are Watsco's headquarters?

Watsco is headquartered at 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133.

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]

This page was last updated on 3/5/2021 by MarketBeat.com Staff

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