NYSE:WSOWatsco Stock Price, Forecast & News

Watsco's stock was trading at $164.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WSO shares have increased by 43.2% and is now trading at $236.07.
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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, resulting in a consensus recommendation of "Hold."
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Watsco is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Watsco.

Watsco Inc (NYSE:WSO) issued its earnings results on Thursday, July, 23rd. The construction company reported $2.26 EPS for the quarter, topping the consensus estimate of $1.88 by $0.38. The construction company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.31 billion. Watsco had a net margin of 4.77% and a return on equity of 13.38%. Watsco's quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the business earned $2.40 EPS.
View Watsco's earnings history.

Watsco announced a quarterly dividend on Thursday, July 2nd. Stockholders of record on Thursday, July 16th will be paid a dividend of $1.775 per share on Friday, July 31st. This represents a $7.10 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Wednesday, July 15th.
View Watsco's dividend history.

7 brokers have issued 12 month target prices for Watsco's stock. Their forecasts range from $130.00 to $195.00. On average, they anticipate Watsco's share price to reach $168.60 in the next year. This suggests that the stock has a possible downside of 28.6%.
View analysts' price targets for Watsco.

News coverage about WSO stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Watsco earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Watsco.

Some companies that are related to Watsco include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), GATX (GATX), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC), Textainer Group (TGH) and DXP Enterprises (DXPE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Watsco investors own include Verizon Communications (VZ), Walt Disney (DIS), Netflix (NFLX), Boeing (BA), Johnson & Johnson (JNJ), NVIDIA (NVDA), AbbVie (ABBV), Alibaba Group (BABA), Coca-Cola (KO) and United Parcel Service (UPS).

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

Watsco's stock is owned by many different institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.96%), First Trust Advisors LP (0.78%), Raymond James & Associates (0.69%), Dearborn Partners LLC (0.52%), Welch & Forbes LLC (0.49%) and Howland Capital Management LLC (0.42%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss and George Sape.
View institutional ownership trends for Watsco.

WSO stock was sold by a variety of institutional investors in the last quarter, including Scharf Investments LLC, Northstar Investment Advisors LLC, Frontier Capital Management Co. LLC, Dearborn Partners LLC, Nisa Investment Advisors LLC, Vident Investment Advisory LLC, Vident Investment Advisory LLC, and Envestnet Asset Management Inc.. Company insiders that have sold Watsco company stock in the last year include Barry S Logan, Bob L Moss, and George Sape.
View insider buying and selling activity for Watsco.

WSO stock was acquired by a variety of institutional investors in the last quarter, including Welch & Forbes LLC, DAVENPORT & Co LLC, Raymond James & Associates, Riverbridge Partners LLC, Raymond James Financial Services Advisors Inc., Heritage Wealth Advisors, Stratos Wealth Partners LTD., and Howland Capital Management LLC.
View insider buying and selling activity for 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.

One share of WSO stock can currently be purchased for approximately $236.07.

Watsco has a market capitalization of $9.06 billion and generates $4.77 billion in revenue each year. The construction company earns $245.95 million in net income (profit) each year or $6.50 on an earnings per share basis. Watsco employs 5,800 workers across the globe.

The official website for Watsco is www.watsco.com.

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]