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.
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Industry, Sector and Symbol
Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
SectorConstruction
Phone305-714-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.55 billion
Profitability
Miscellaneous
Employees5,200
Next Earnings Date2/13/2020 (Estimated)
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 declared a quarterly dividend on Tuesday, October 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $1.60 per share on Thursday, October 31st. This represents a $6.40 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Friday, October 11th. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) released its quarterly earnings results on Thursday, October, 17th. The construction company reported $2.20 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.23 by $0.03. The construction company had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.38 billion. Watsco had a return on equity of 15.41% and a net margin of 5.29%. The business's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.11 earnings per share. View Watsco's Earnings History.
When is Watsco's next earnings date?
What price target have analysts set for WSO?
4 brokers have issued twelve-month target prices for Watsco's shares. Their forecasts range from $138.00 to $175.00. On average, they expect Watsco's stock price to reach $158.75 in the next year. This suggests that the stock has a possible downside of 10.0%. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Has Watsco been receiving favorable news coverage?
Media headlines about WSO stock have trended negative on Wednesday, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Watsco earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Watsco.
Are investors shorting Watsco?
Watsco saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,840,000 shares, an increase of 5.1% from the August 15th total of 1,750,000 shares. Based on an average trading volume of 234,800 shares, the days-to-cover ratio is currently 7.8 days. Approximately 5.7% of the shares of the stock are sold short. View Watsco's Current Options Chain.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), WESCO International (WCC), Aircastle (AYR), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).
What other stocks do shareholders of Watsco own?
Who are Watsco's key executives?
Watsco's management team includes the folowing people:
- Mr. Albert H. Nahmad, Chairman & CEO (Age 78)
- Mr. Aaron J. Nahmad, Pres & Director (Age 38)
- Ms. Ana M. Menendez, CFO, Treasurer & Assistant Sec. (Age 54)
- Mr. Barry S. Logan, Sr. VP & Sec. (Age 56)
- Mr. Stephen F. Rush, Exec. VP & COO (Age 69)
Who are Watsco's major shareholders?
Watsco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (1.93%), Howland Capital Management LLC (0.37%), Riverbridge Partners LLC (0.31%), KAMES CAPITAL plc (0.24%), Welch & Forbes LLC (0.19%) and Pennsylvania Trust Co (0.17%). 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 Brookstone Capital Management, Envestnet Asset Management Inc., Handelsinvest Investeringsforvaltning, NEXT Financial Group Inc, Virginia Retirement Systems ET AL, Stephens Inc. AR, State of Alaska Department of Revenue and First Citizens Bank & Trust Co.. View Insider Buying and Selling for Watsco.
Which institutional investors are buying Watsco stock?
WSO stock was bought by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, KAMES CAPITAL plc, Howland Capital Management LLC, Denali Advisors LLC, Ipswich Investment Management Co. Inc., Welch & Forbes LLC, Nisa Investment Advisors LLC and Fenimore Asset Management 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, Robinhood, Fidelity and Charles Schwab.
What is Watsco's stock price today?
One share of WSO stock can currently be purchased for approximately $176.31.
How big of a company is Watsco?
Watsco has a market capitalization of $6.71 billion and generates $4.55 billion in revenue each year. The construction company earns $242.93 million in net income (profit) each year or $6.49 on an earnings per share basis. Watsco employs 5,200 workers across the globe.View Additional Information About Watsco.
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.
