NYSE:WSO - Watsco Stock Price, News, & Analysis

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$142.44 -0.64 (-0.45 %)
(As of 02/21/2019 03:02 PM ET)
Previous Close$143.08
Today's Range$141.91 - $143.47
52-Week Range$131.88 - $192.94
Volume3,538 shs
Average Volume230,618 shs
Market Capitalization$5.33 billion
P/E Ratio22.01
Dividend Yield4.43%
Beta0.96
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.

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Industry, Sector and Symbol

Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
SectorConstruction
CUSIP94262220
Phone305-714-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.55 billion
Cash Flow$4.4905 per share
Book Value$42.80 per share

Profitability

Net Income$242.93 million

Miscellaneous

Employees5,200
Market Cap$5.33 billion
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 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Tuesday, January 15th. This is an increase 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) announced its quarterly earnings data on Thursday, February, 14th. The construction company reported $1.02 earnings per share (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 the consensus estimate of $1.01 billion. Watsco had a net margin of 5.04% and a return on equity of 14.29%. The company's revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business posted $1.19 EPS. View Watsco's Earnings History.

When is Watsco's next earnings date?

Watsco is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Watsco.

What price target have analysts set for WSO?

9 brokerages have issued 12 month target prices for Watsco's shares. Their forecasts range from $144.00 to $194.00. On average, they expect Watsco's stock price to reach $173.00 in the next twelve months. This suggests a possible upside of 21.5% 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?

Media coverage about WSO stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing 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 news sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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 Johnson & Johnson (JNJ), Boeing (BA), Verizon Communications (VZ), United Parcel Service (UPS), Alibaba Group (BABA), NVIDIA (NVDA), United Technologies (UTX), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) and QUALCOMM (QCOM).

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 many different of retail and institutional investors. Top institutional shareholders 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 major 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 major investors are buying Watsco stock?

WSO stock was purchased 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 $142.43.

How big of a company is Watsco?

Watsco has a market capitalization of $5.33 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?

The official website for Watsco is http://www.watsco.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  344 (Vote Underperform)
Total Votes:  588
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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