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
Phone305-714-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.55 billion
Profitability
Miscellaneous
Employees5,200
OptionableOptionable
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 Wednesday, January 2nd. Shareholders of record on Wednesday, January 16th will be given a dividend of $1.60 per share on Thursday, January 31st. This represents a $6.40 annualized dividend and a yield of 4.47%. The ex-dividend date is Tuesday, January 15th. This is a boost from Watsco's previous quarterly dividend of $1.45. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) posted its quarterly earnings results on Thursday, February, 14th. The construction company reported $1.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by $0.04. The construction company earned $991.32 million during the quarter, compared to analysts' expectations of $1.01 billion. Watsco had a return on equity of 14.29% and a net margin of 5.04%. Watsco's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
What price target have analysts set for WSO?
9 analysts have issued twelve-month target prices for Watsco's stock. Their predictions range from $144.00 to $194.00. On average, they expect Watsco's share price to reach $173.00 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Has Watsco been receiving favorable news coverage?
News coverage about WSO stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Watsco earned a coverage optimism score of 0.3 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include ATLANTIA SPA/ADR (ATASY), Weyerhaeuser (WY), FERROVIAL S A/ADR (FRRVY), Lennar (LEN), Vulcan Materials (VMC), D. R. Horton (DHI), HEIDELBERGCEMEN/ADR (HDELY), Rollins (ROL), Lennar (LEN.B), Nippon Paint (NPCPF), Martin Marietta Materials (MLM), Masco (MAS), United Rentals (URI), SEKISUI HOUSE L/S (SKHSY) and Lennox International (LII).
Who are Watsco's key executives?
Watsco's management team includes the folowing people:
- Mr. Albert H. Nahmad, Chairman & CEO (Age 78)
- Mr. Aaron J. Nahmad, Pres & Director (Age 38)
- Ms. Ana M. Menendez, CFO, Treasurer & Assistant Sec. (Age 54)
- Mr. Barry S. Logan, Sr. VP & Sec. (Age 56)
- Mr. Steven Rupp, Chief Technology Officer
Who are Watsco's major shareholders?
Watsco's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.79%), Baillie Gifford & Co. (2.97%), Bank of New York Mellon Corp (2.11%), DAVENPORT & Co LLC (1.74%), Kayne Anderson Rudnick Investment Management LLC (1.61%) and Geode Capital Management LLC (0.88%). Company insiders that own Watsco stock include Barry S Logan and Technologies Corp /De/ United. 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 Frontier Capital Management Co. LLC, KAMES CAPITAL plc, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Riverbridge Partners LLC, Nisa Investment Advisors LLC, SG Americas Securities LLC and Bahl & Gaynor Inc.. View Insider Buying and Selling for Watsco.
Which institutional investors are buying Watsco stock?
WSO stock was bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., BlackRock Inc., Kayne Anderson Rudnick Investment Management LLC, DAVENPORT & Co LLC, Nordea Investment Management AB, Epoch Investment Partners Inc., Boston Financial Mangement LLC and Bank of America Corp DE. 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 $143.08.
How big of a company is Watsco?
Watsco has a market capitalization of $5.36 billion and generates $4.55 billion in revenue each year. The construction company earns $242.93 million in net income (profit) each year or $6.49 on an earnings per share basis. Watsco employs 5,200 workers across the globe.
What is Watsco's official website?
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.
