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
Stock Exchange NYSE
Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
SectorConstruction
SymbolNYSE:WSO
CUSIP94262220
Phone305-714-4100
Debt
Debt-to-Equity Ratio0.09
Current Ratio3.10
Quick Ratio1.43
Price-To-Earnings
Trailing P/E Ratio30.16
Forward P/E Ratio24.78
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.42
Cash Flow$5.6846 per share
Price / Cash29.07
Book Value$43.40 per share
Price / Book3.81
Profitability
EPS (Most Recent Fiscal Year)$5.48
Net Income$208.22 million
Net Margins5.05%
Return on Equity14.26%
Return on Assets10.01%
Miscellaneous
Employees5,200
Outstanding Shares37,370,000
Market Cap$6.66 billion
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 declared a quarterly dividend on Monday, October 1st. Shareholders of record on Monday, October 15th will be given a dividend of $1.45 per share on Wednesday, October 31st. This represents a $5.80 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Friday, October 12th. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) released its quarterly earnings data on Wednesday, July, 25th. The construction company reported $2.40 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.47 by $0.07. The construction company had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.34 billion. Watsco had a net margin of 5.05% and a return on equity of 14.26%. The firm's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.07 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
How can I listen to Watsco's earnings call?
Watsco will be holding an earnings conference call on Thursday, October 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8448833908.
What price target have analysts set for WSO?
11 brokerages have issued 12 month price targets for Watsco's stock. Their predictions range from $156.00 to $195.00. On average, they expect Watsco's stock price to reach $179.75 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include Weyerhaeuser (WY), ATLANTIA SPA/ADR (ATASY), D. R. Horton (DHI), HEIDELBERGCEMEN/ADR (HDELY), Lennar (LEN), FERROVIAL S A/ADR (FRRVY), Vulcan Materials (VMC), United Rentals (URI), Rollins (ROL), Nippon Paint (NPCPF), Lennar (LEN.B), Martin Marietta Materials (MLM), Masco (MAS), Jacobs Engineering Group (JEC) and SEKISUI HOUSE L/S (SKHSY).
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 variety of of retail and institutional investors. Top institutional investors include DAVENPORT & Co LLC (1.47%), Riverbridge Partners LLC (0.39%), KAMES CAPITAL plc (0.38%), Stock Yards Bank & Trust Co. (0.14%), Pennsylvania Trust Co (0.08%) and Nisa Investment Advisors LLC (0.07%). 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, DAVENPORT & Co LLC, Riverbridge Partners LLC and Bank of Montreal Can. 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 Capital Insight Partners LLC, State of Alaska Department of Revenue, Stock Yards Bank & Trust Co., Pennsylvania Trust Co, Wendell David Associates Inc., First Hawaiian Bank and Nisa Investment Advisors LLC. 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 $165.25.
How big of a company is Watsco?
Watsco has a market capitalization of $6.66 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]sco.com.
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.
