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 3.59%. The ex-dividend date of this dividend is Wednesday, January 15th. View Watsco's Dividend History.

Watsco Inc (NYSE:WSO) released its quarterly earnings results on Thursday, October, 17th. The construction company reported $2.20 EPS for the quarter, missing the Zacks' 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 net margin of 5.29% and a return on equity of 15.07%. Watsco's revenue was up 7.6% on a year-over-year basis. During the same period last year, the company earned $2.11 earnings per share. View Watsco's Earnings History.

Watsco is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Watsco.

5 brokers have issued 12 month price targets for Watsco's shares. Their forecasts range from $138.00 to $175.00. On average, they expect Watsco's share price to reach $158.75 in the next year. This suggests that the stock has a possible downside of 11.1%. View Analyst Price Targets for Watsco.

5 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.

Press coverage about WSO stock has trended very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Watsco earned a news sentiment score of 3.9 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. 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), Beacon Roofing Supply (BECN), Aircastle (AYR), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), MRC Global (MRC), H&E Equipment Services (HEES) 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), Walt Disney (DIS), Netflix (NFLX), NVIDIA (NVDA), AbbVie (ABBV), IBM (IBM), Johnson & Johnson (JNJ), The Coca-Cola (KO) and Exxon Mobil (XOM).

Watsco's stock is owned by a number of of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.98%), Howland Capital Management LLC (0.40%), Riverbridge Partners LLC (0.31%), Welch & Forbes LLC (0.31%), Pennsylvania Trust Co (0.17%) and Stock Yards Bank & Trust Co. (0.14%). 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 Fenimore Asset Management Inc., Verity & Verity LLC, Nisa Investment Advisors LLC, Tocqueville Asset Management L.P., NEXT Financial Group Inc, Groesbeck Investment Management Corp NJ, State of Alaska Department of Revenue and Riverbridge Partners LLC. 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 acquired by a variety of institutional investors in the last quarter, including Welch & Forbes LLC, DAVENPORT & Co LLC, Howland Capital Management LLC, NewSquare Capital LLC, Sciencast Management LP, Compass Ion Advisors LLC, Ambassador Advisors LLC and RFG Advisory LLC. 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 $178.49.

Watsco has a market capitalization of $6.80 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.

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]