S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:WSO

Watsco (WSO) Stock Forecast, Price & News

$246.68
-0.58 (-0.23%)
(As of 05/20/2022 07:00 PM ET)
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Today's Range
$239.62
$248.51
50-Day Range
$246.68
$308.81
52-Week Range
$239.62
$318.98
Volume
303,600 shs
Average Volume
226,477 shs
Market Capitalization
$9.61 billion
P/E Ratio
20.14
Dividend Yield
3.57%
Beta
0.88
30 days | 90 days | 365 days | Advanced Chart
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Watsco logo

About Watsco

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as 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-Industry
Trading Companies & Distributors
CUSIP
94262220
Employees
6,900
Year Founded
1945

Sales & Book Value

Annual Sales
$6.28 billion
Cash Flow
$11.51 per share
Book Value
$53.40 per share

Profitability

Net Income
$418.95 million
Pretax Margin
10.74%

Debt

Price-To-Earnings

Miscellaneous

Free Float
33,777,000
Market Cap
$9.61 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/29 Dividend
4/13/2022
Last Earnings
4/21/2022
Dividend Payable
4/29/2022
Today
5/22/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.89 out of 5 stars

Construction Sector

25th out of 134 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 2 stocks

Analyst Opinion: 3.1Community Rank: 3.9Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 0.0 5 -4 -3 -2 -1 -













Watsco (NYSE:WSO) Frequently Asked Questions

Is Watsco a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Watsco
.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) released its quarterly earnings data on Thursday, April, 21st. The construction company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $1.08. The construction company earned $1.52 billion during the quarter, compared to the consensus estimate of $1.39 billion. Watsco had a net margin of 7.16% and a trailing twelve-month return on equity of 23.76%. The firm's revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share.
View Watsco's earnings history
.

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

Watsco declared a quarterly dividend on Monday, April 4th. Investors of record on Thursday, April 14th will be paid a dividend of $2.20 per share on Friday, April 29th. This represents a $8.80 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Wednesday, April 13th. This is a positive change from Watsco's previous quarterly dividend of $1.95.
View Watsco's dividend history
.

Is Watsco a good dividend stock?

Watsco pays an annual dividend of $8.80 per share and currently has a dividend yield of 3.57%. Watsco has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Watsco is 71.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Watsco will have a dividend payout ratio of 63.31% 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?

5 equities research analysts have issued twelve-month target prices for Watsco's stock. Their forecasts range from $277.00 to $350.00. On average, they expect Watsco's share price to reach $316.83 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
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 81, Pay $688.65k)
  • Mr. Aaron J. Nahmad, Pres & Director (Age 41, Pay $806.12k)
  • Ms. Ana M. Menendez, CFO & Treasurer (Age 57, Pay $437.77k)
  • Mr. Barry S. Logan, Exec. VP of Planning & Strategy and Sec. (Age 59, Pay $490.89k) (LinkedIn Profile)
  • Mr. Steven Rupp, Chief Technology Officer
  • Mr. Paul W. Johnston, Exec. VP (Age 69)
  • 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.

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.73%), Vanguard Group Inc. (8.56%), Baillie Gifford & Co. (5.32%), Charles Schwab Investment Management Inc. (2.97%), Capital World Investors (2.90%) and State Street Corp (2.33%). Company insiders that own Watsco stock include Barry S Logan, Brian E Keeley and George Sape.
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 Wellington Management Group LLP, DAVENPORT & Co LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Baillie Gifford & Co., JPMorgan Chase & Co., and Motley Fool Asset Management LLC.
View insider buying and selling activity for Watsco
or view top insider-selling stocks.

Which major investors are buying Watsco stock?

WSO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Charles Schwab Investment Management Inc., State Street Corp, Sandler Capital Management, Eaton Vance Management, WBI Investments Inc., and Raymond James & Associates.
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 $246.68.

How much money does Watsco make?

Watsco has a market capitalization of $9.61 billion and generates $6.28 billion in revenue each year. The construction company earns $418.95 million in net income (profit) each year or $12.25 on an earnings per share basis.

How many employees does Watsco have?

Watsco employs 6,900 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.

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 5/23/2022 by MarketBeat.com Staff

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