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
Current Ratio2.95
Quick Ratio1.36
Price-To-Earnings
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.21
Price / Cash Flow23.33
Price / Book3.24
Profitability
Net Income$208.22 million
Net Margins5.15%
Return on Assets10.27%
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. Stockholders 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 dividend yield of 4.55%. The ex-dividend date of this dividend 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) issued its earnings results on Thursday, October, 25th. The construction company reported $2.11 earnings per share for the quarter, missing analysts' consensus estimates of $2.26 by $0.15. The construction company had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.31 billion. Watsco had a net margin of 5.15% and a return on equity of 14.00%. During the same period last year, the firm earned $1.82 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
What guidance has Watsco issued on next quarter's earnings?
Watsco issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $6.40-6.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.70.
What price target have analysts set for WSO?
10 brokers have issued 12-month price targets for Watsco's shares. Their forecasts range from $144.00 to $195.00. On average, they anticipate Watsco's stock price to reach $175.75 in the next year. This suggests a possible upside of 25.1% from the stock's current price. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
10 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Has Watsco been receiving favorable news coverage?
Press coverage about WSO stock has been trending somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Watsco earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.
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), D. R. Horton (DHI), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), Rollins (ROL), Nippon Paint (NPCPF), Lennar (LEN.B), Martin Marietta Materials (MLM), SEKISUI HOUSE L/S (SKHSY), Masco (MAS), United Rentals (URI) and NVR (NVR).
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. Steven Rupp, Chief Technology Officer
Who are Watsco's major shareholders?
Watsco's stock is owned by a number of of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.36%), KAMES CAPITAL plc (0.28%), Retirement Systems of Alabama (0.21%), Stock Yards Bank & Trust Co. (0.14%), Pennsylvania Trust Co (0.10%) and Bath Savings Trust Co (0.08%). 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 KAMES CAPITAL plc, Riverbridge Partners LLC, Navellier & Associates Inc, Verity & Verity LLC, Bath Savings Trust Co and Louisiana State Employees Retirement System. View Insider Buying and Selling for Watsco.
Which institutional investors are buying Watsco stock?
WSO stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Northstar Investment Advisors LLC, Fenimore Asset Management Inc., Pennsylvania Trust Co, Cerebellum GP LLC, Stock Yards Bank & Trust Co., Sit Investment Associates Inc. and Ipswich Investment Management Co. Inc.. 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 $140.53.
How big of a company is Watsco?
Watsco has a market capitalization of $5.35 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.
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.
