Watsco Company Profile (NYSE:WSO)

Watsco trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSO."

Watsco declared a quarterly dividend on Monday, July 3rd. Stockholders of record on Monday, July 17th will be paid a dividend of $1.25 per share on Monday, July 31st. This represents a $5.00 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, July 13th. This is a positive change from Watsco's previous quarterly dividend of $1.05. View Watsco's Dividend History.

Watsco, Inc. (NYSE:WSO) released its quarterly earnings data on Tuesday, April, 25th. The company reported $0.67 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.80 by $0.13. The business earned $872.10 million during the quarter, compared to analysts' expectations of $877.45 million. Watsco had a return on equity of 13.81% and a net margin of 4.13%. The business's quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.71 earnings per share. View Watsco's Earnings History.

Watsco is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Watsco.

8 brokerages have issued 12 month price targets for Watsco's shares. Their predictions range from $113.00 to $176.00. On average, they expect Watsco's share price to reach $149.83 in the next twelve months. View Analyst Ratings for Watsco.

Here are some recent quotes from research analysts about Watsco stock:

• 1. According to Zacks Investment Research, "Watsco expects to generate earnings growth and anticipates cash flow to exceed net income in 2017. The company’s strategic goals will help to further strengthen its leadership position, accelerate sales growth and extend reach to new geographies and sales channels. The company will benefit from the expansion of product offerings and growth potential in the replacement market. Improved selling margins and richer sales mix of higher-efficiency systems will also drive growth. Watsco's Carrier Enterprise business unit has recently acquired 35% ownership of Russell Sigler, Inc, a move that will strengthen its presence in the significant Western U.S. markets." (6/27/2017)
• 2. Stifel Nicolaus analysts commented, "Headline miss a tad surprising given strong 4Q results for most HVAC names, with other HVAC products negative. High expectation stock, as reflected in the underperformance today (down ~4% vs. +40 bps for the S&P 500). That said, we don't think underperformance will last for long. Under the hood, decent performance on GM and continued investment and return on technology investments. Waving in more of the Carrier JV is common sense to us. Given the increased income (net the increased interest expense) as a result of the Carrier JV (we are dialing ~$0.15 benefit for 2017E). We take our 2017E EPS estimate to $5.85 (from $5.70) and our 2018E EPS remains at $6.60, which could readily have upside due to Trump tax benefits or incremental M&A, for which management was quite bullish on the prospects. We are also introducing 2017 quarterly estimates. Reiterate Buy, $175 target price based on 26.5x our 2018E EPS of $6.60." (2/15/2017)

Some companies that are related to Watsco include Lennar Corporation (LEN.B), United Rentals (URI), NVR (NVR), Rollins (ROL), Acuity Brands (AYI), Lennox International (LII), PulteGroup (PHM), RPM International (RPM), Owens Corning (OC), James Hardie Industries PLC. (JHX), Toll Brothers (TOL), Jacobs Engineering Group (JEC), Fluor Corporation (FLR), Thor Industries (THO), Watsco (WSO.B), ServiceMaster Global Holdings (SERV), AECOM (ACM) and Quanta Services (PWR).

Watsco's management team includes the folowing people:

• Albert H. Nahmad, Chairman of the Board, Chief Executive Officer
• Aaron J. Nahmad, President, Director
• Bob L. Moss, Vice Chairman of the Board, Lead Independent Director
• Ana M. Menendez, Chief Financial Officer, Treasurer, Assistant Secretary
• Barry S. Logan, Senior Vice President, Secretary, Director
• David C. Darnell, Independent Director
• Denise E. Dickins, Independent Director
• Jason Epstein, Independent Director
• George P. Sape, Independent Director

Watsco's stock is owned by a variety of of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.94%), GW&K Investment Management LLC (0.63%), Handelsbanken Fonder AB (0.54%), KAMES CAPITAL plc (0.30%), Caledonia Investments PLC (0.28%) and Handelsinvest Investeringsforvaltning (0.14%). View Institutional Ownership Trends for Watsco.

Watsco's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, DAVENPORT & Co LLC, Thomson Horstmann & Bryant Inc., BB&T Corp, Private Trust Co. NA and Webster Bank N. A.. View Insider Buying and Selling for Watsco.

Watsco's stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning, Stock Yards Bank & Trust Co., Pennsylvania Trust Co, Caledonia Investments PLC, Bath Savings Trust Co and Wendell David Associates Inc.. View Insider Buying and Selling for Watsco.

Shares of Watsco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Watsco stock can currently be purchased for approximately $150.99.