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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Highly Profitable Restaurant Brand Expands to Canada (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:WSO

Watsco (WSO) Stock Forecast, Price & News

$324.23
-6.81 (-2.06%)
(As of 05/31/2023 ET)
Compare
Today's Range
$323.73
$333.31
50-Day Range
$294.99
$349.68
52-Week Range
$220.68
$356.60
Volume
2.46 million shs
Average Volume
336,244 shs
Market Capitalization
$12.63 billion
P/E Ratio
21.14
Dividend Yield
3.02%
Price Target
$354.14

Watsco MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
9.2% Upside
$354.14 Price Target
Short Interest
Bearish
10.14% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.77
Upright™ Environmental Score
News Sentiment
0.87mentions of Watsco in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.72%
From $14.50 to $14.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Construction Sector

99th out of 105 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

1st out of 1 stocks


WSO stock logo

About Watsco (NYSE:WSO) Stock

Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning and heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

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WSO Stock News Headlines

Is Watsco (WSO) an Attractive Investment Option?
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
UBS Group Raises Watsco (NYSE:WSO) Price Target to $340.00
Analyst Expectations for Watsco's Future
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Does Watsco (WSO) Have a Long Runway for Growth?
Watsco: Up 33% Year To Date, More Likely To Come
Watsco (NYSE:WSO) Price Target Raised to $380.00 at KeyCorp
Watsco (NYSE:WSO) Given New $400.00 Price Target at Stephens
Loop Capital Boosts Watsco (NYSE:WSO) Price Target to $335.00
Watsco (NYSE:WSO) Price Target Raised to $289.00
See More Headlines
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WSO Company Calendar

Ex-Dividend for 4/28 Dividend
4/14/2023
Last Earnings
4/20/2023
Dividend Payable
4/28/2023
Today
6/01/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hardware, & plumbing & heating equipment & supplies
Sub-Industry
Trading Companies & Distributors
CUSIP
94262220
Employees
7,275
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$354.14
High Stock Price Forecast
$400.00
Low Stock Price Forecast
$289.00
Forecasted Upside/Downside
+9.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$601.17 million
Pretax Margin
11.27%

Debt

Sales & Book Value

Annual Sales
$7.27 billion
Cash Flow
$15.16 per share
Book Value
$59.26 per share

Miscellaneous

Free Float
33,526,000
Market Cap
$12.63 billion
Optionable
Optionable
Beta
0.91

Social Links


Key Executives

  • Albert H. Nahmad
    Chairman & Chief Executive Officer
  • Aaron J. Nahmad
    President & Director
  • Ana M. Menendez
    Chief Financial Officer & Treasurer
  • Steven Rupp
    Chief Technology Officer
  • Marcos Trinidad
    Director-Technology & Supply Chain













WSO Stock - Frequently Asked Questions

Should I buy or sell Watsco stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WSO shares. 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 WSO analyst ratings
or view top-rated stocks.

What is Watsco's stock price forecast for 2023?

6 Wall Street analysts have issued 12 month price targets for Watsco's stock. Their WSO share price forecasts range from $289.00 to $400.00. On average, they predict the company's stock price to reach $354.14 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for WSO
or view top-rated stocks among Wall Street analysts.

How have WSO shares performed in 2023?

Watsco's stock was trading at $249.40 on January 1st, 2023. Since then, WSO stock has increased by 30.0% and is now trading at $324.2250.
View the best growth stocks for 2023 here
.

When is Watsco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our WSO earnings forecast
.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) posted its earnings results on Thursday, April, 20th. The construction company reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.25 by $0.58. The construction company earned $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. Watsco had a trailing twelve-month return on equity of 24.40% and a net margin of 8.19%. The firm's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted $2.90 earnings per share.

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

Watsco announced a quarterly dividend on Monday, April 3rd. Investors of record on Monday, April 17th will be paid a dividend of $2.45 per share on Friday, April 28th. This represents a $9.80 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Friday, April 14th.
Read our dividend analysis for WSO
.

Is Watsco a good dividend stock?

Watsco (NYSE:WSO) pays an annual dividend of $9.80 per share and currently has a dividend yield of 3.01%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WSO will have a dividend payout ratio of 66.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WSO.

What is Albert H. Nahmad's approval rating as Watsco's CEO?

15 employees have rated Watsco Chief Executive Officer Albert H. Nahmad on Glassdoor.com. Albert H. Nahmad has an approval rating of 85% among the company's employees. 68.0% of employees surveyed would recommend working at Watsco to a friend.

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), Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Home Depot (HD), 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 BlackRock Inc. (10.18%), Baillie Gifford & Co. (5.10%), Kayne Anderson Rudnick Investment Management LLC (4.29%), FMR LLC (3.44%), Charles Schwab Investment Management Inc. (3.41%) and State Street Corp (2.42%). Insiders that own company stock include Barry S Logan, Brian E Keeley, Cesar L Alvarez and George Sape.
View institutional ownership trends
.

How do I buy shares of Watsco?

Shares of WSO stock 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 $324.23.

How much money does Watsco make?

Watsco (NYSE:WSO) has a market capitalization of $12.63 billion and generates $7.27 billion in revenue each year. The construction company earns $601.17 million in net income (profit) each year or $15.34 on an earnings per share basis.

How many employees does Watsco have?

The company employs 7,275 workers across the globe.

How can I contact Watsco?

Watsco's mailing address is 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133. The official website for the company is www.watsco.com. The construction company can be reached via phone at (305) 714-4100, via email at info@watsco.com, or via fax at 305-858-4492.

This page (NYSE:WSO) was last updated on 6/1/2023 by MarketBeat.com Staff

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