NYSE:WSO - Watsco Stock Price, Forecast & News

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

Watsco declared a quarterly dividend on Thursday, January 2nd. Investors of record on Thursday, January 16th will be given a dividend of $1.60 per share on Friday, January 31st. This represents a $6.40 annualized dividend and a yield of 3.92%. The ex-dividend date is Wednesday, January 15th. View Watsco's Dividend History.

Watsco Inc (NYSE:WSO) posted its earnings results on Thursday, February, 13th. The construction company reported $0.92 EPS for the quarter, missing the Zacks' consensus estimate of $1.00 by $0.08. The construction company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. Watsco had a net margin of 5.16% and a return on equity of 14.68%. Watsco's revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.02 EPS. View Watsco's Earnings History.

Watsco is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Watsco.

6 equities research analysts have issued twelve-month target prices for Watsco's shares. Their forecasts range from $138.00 to $190.00. On average, they expect Watsco's share price to reach $164.20 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Watsco.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.

News stories about WSO stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring 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 five, with scores closest to five being the most favorable. Watsco earned a news impact score of 2.7 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Watsco.

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), Applied Industrial Technologies (AIT), Aircastle (AYR), Beacon Roofing Supply (BECN), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Watsco investors own include Verizon Communications (VZ), United Parcel Service (UPS), Netflix (NFLX), Walt Disney (DIS), NVIDIA (NVDA), AbbVie (ABBV), IBM (IBM), Johnson & Johnson (JNJ), The Coca-Cola (KO) and Exxon Mobil (XOM).

Watsco's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (4.21%), Capital World Investors (3.36%), State Street Corp (2.06%), FMR LLC (2.01%), DAVENPORT & Co LLC (1.98%) and Charles Schwab Investment Advisory Inc. (1.91%). 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 Kayne Anderson Rudnick Investment Management LLC, FMR LLC, Capital World Investors, Janus Henderson Group PLC, Fenimore Asset Management Inc., Goldman Sachs Group Inc., Scharf Investments LLC and Bank of America Corp DE. Company insiders that have sold Watsco company stock in the last year include Bob L Moss and George Sape. View Insider Buying and Selling for Watsco.

WSO stock was purchased by a variety of institutional investors in the last quarter, including Captrust Financial Advisors, Baillie Gifford & Co., Man Group plc, Welch & Forbes LLC, Handelsbanken Fonder AB, First Trust Advisors LP, Marks Group Wealth Management Inc and Raymond James & Associates. View Insider Buying and Selling 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 $163.39.

Watsco has a market capitalization of $6.23 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 5,200 workers across the globe.View Additional Information About Watsco.

The official website for Watsco is http://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]