NYSE:WSO

Watsco Stock Forecast, Price & News

$282.44
+3.09 (+1.11 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$278.13
$282.46
50-Day Range
$274.74
$295.47
52-Week Range
$216.25
$307.81
Volume221,500 shs
Average Volume180,705 shs
Market Capitalization$10.93 billion
P/E Ratio31.38
Dividend Yield2.76%
Beta0.78
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Watsco logo

About Watsco

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, including 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 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. 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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MarketRank

Overall MarketRank

1.78 out of 5 stars

Construction Sector

105th out of 215 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 4 stocks

Analyst Opinion: 1.1Community Rank: 3.9Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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Watsco (NYSE:WSO) Frequently Asked Questions

Is Watsco a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Watsco?

Wall Street analysts have given Watsco a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Watsco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Watsco?

Watsco saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 100 shares, a drop of 100.0% from the June 15th total of 1,560,000 shares. Based on an average daily volume of 157,200 shares, the short-interest ratio is currently 0.0 days.
View Watsco's Short Interest
.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Watsco
.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) posted its quarterly earnings results on Thursday, July, 22nd. The construction company reported $3.71 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.15 by $0.56. The construction company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.68 billion. Watsco had a trailing twelve-month return on equity of 19.20% and a net margin of 6.19%. Watsco's revenue for the quarter was up 36.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.26 EPS.
View Watsco's earnings history
.

How has Watsco's stock been impacted by COVID-19?

Watsco's stock was trading at $164.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WSO stock has increased by 71.3% and is now trading at $282.44.
View which stocks have been most impacted by COVID-19
.

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

Watsco announced a quarterly dividend on Friday, July 2nd. Stockholders of record on Thursday, July 15th will be paid a dividend of $1.95 per share on Friday, July 30th. This represents a $7.80 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend is Wednesday, July 14th.
View Watsco's dividend history
.

Is Watsco a good dividend stock?

Watsco pays an annual dividend of $7.80 per share and currently has a dividend yield of 2.76%. Watsco does not yet have a strong track record of dividend growth. The dividend payout ratio of Watsco is 111.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Watsco will have a dividend payout ratio of 76.10% in the coming year. This indicates that Watsco may not be able to sustain their current dividend.
View Watsco's dividend history.

What price target have analysts set for WSO?

7 analysts have issued 12-month price objectives for Watsco's stock. Their forecasts range from $218.00 to $350.00. On average, they expect Watsco's stock price to reach $277.60 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
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 80, Pay $688.65k)
  • Mr. Aaron J. Nahmad, Pres & Director (Age 40, Pay $806.12k)
  • Ms. Ana M. Menendez, CFO & Treasurer (Age 56, Pay $437.77k)
  • Mr. Barry S. Logan, Exec. VP of Planning & Strategy and Sec. (Age 58, Pay $490.89k)
  • Mr. Steven Rupp, Chief Technology Officer
  • Mr. Paul W. Johnston, Exec. VP (Age 68)
  • 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.

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 NVIDIA (NVDA), The Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), The Home Depot (HD), The 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 number of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.67%), Welch & Forbes LLC (0.52%), Howland Capital Management LLC (0.42%), Conestoga Capital Advisors LLC (0.19%), Alliancebernstein L.P. (0.14%) and LaFleur & Godfrey LLC (0.10%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss 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 Stock Yards Bank & Trust Co., Advisors Asset Management Inc., State of Michigan Retirement System, Aptus Capital Advisors LLC, Unigestion Holding SA, Welch & Forbes LLC, Howland Capital Management LLC, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Watsco company stock in the last year include Barry S Logan, and George Sape.
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 DAVENPORT & Co LLC, Conestoga Capital Advisors LLC, CHICAGO TRUST Co NA, Tuttle Tactical Management, New Mexico Educational Retirement Board, Stratos Wealth Partners LTD., Icon Wealth Partners LLC, and Oregon Public Employees Retirement Fund.
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 $282.44.

How much money does Watsco make?

Watsco has a market capitalization of $10.92 billion and generates $5.05 billion in revenue each year. The construction company earns $269.58 million in net income (profit) each year or $7.01 on an earnings per share basis.

How many employees does Watsco have?

Watsco employs 5,800 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.

Where are Watsco's headquarters?

Watsco is headquartered at 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133.

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]


This page was last updated on 8/2/2021 by MarketBeat.com Staff
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