Watsco Stock Forecast, Price & News

Watsco (NYSE:WSO) Frequently Asked Questions

Is Watsco a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Watsco stock. 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 analyst ratings for Watsco or view top-rated stocks.

What stocks does MarketBeat like better than Watsco?

Wall Street analysts have given Watsco a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Watsco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Watsco.

How were Watsco's earnings last quarter?

Watsco, Inc. (NYSE:WSO) posted its quarterly earnings data on Thursday, July, 22nd. The construction company reported $3.71 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.15 by $0.56. The construction company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.68 billion. Watsco had a net margin of 6.19% and a trailing twelve-month return on equity of 19.20%. Watsco's revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter last year, the business posted $2.26 earnings per share.
View Watsco's earnings history.

How has Watsco's stock been impacted by Coronavirus (COVID-19)?

Watsco's stock was trading at $164.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WSO shares have increased by 68.3% and is now trading at $277.57.
View which stocks have been most impacted by COVID-19.

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

Watsco announced a quarterly dividend on Friday, July 2nd. Investors of record on Thursday, July 15th will be paid a dividend of $1.95 per share on Friday, July 30th. This represents a $7.80 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, July 14th.
View Watsco's dividend history.

Is Watsco a good dividend stock?

Watsco pays an annual dividend of $7.80 per share and currently has a dividend yield of 2.80%. Watsco does not yet have a strong track record of dividend growth. The dividend payout ratio of Watsco is 111.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Watsco will have a dividend payout ratio of 74.22% next year. This indicates that Watsco will be able to sustain or increase its dividend.
View Watsco's dividend history.

What price target have analysts set for WSO?

8 analysts have issued 12-month target prices for Watsco's shares. Their forecasts range from $218.00 to $350.00. On average, they expect Watsco's share price to reach $281.33 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts' price targets for Watsco or view top-rated stocks among Wall Street analysts.

Who are Watsco's key executives?

Watsco's management team includes the following people:

• 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

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

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

Who are some of Watsco's key competitors?

Some companies that are related to Watsco include Fastenal (FAST), United Rentals (URI), W.W. Grainger (GWW), WESCO International (WCC), MSC Industrial Direct (MSM), Air Lease (AL), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN), MRC Global (MRC) and Titan Machinery (TITN).
View all of WSO's competitors.

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), The Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), The Home Depot (HD), The 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.21%), Vanguard Group Inc. (8.59%), Baillie Gifford & Co. (5.36%), Charles Schwab Investment Management Inc. (2.72%), Kayne Anderson Rudnick Investment Management LLC (2.28%) and State Street Corp (2.22%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss and George Sape.
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 BlackRock Inc., Renaissance Technologies LLC, Ninety One UK Ltd, FMR LLC, Epoch Investment Partners Inc., Bank of Nova Scotia, Stock Yards Bank & Trust Co., and Wells Fargo & Company MN.
View insider buying and selling activity for Watsco or view top insider-selling stocks.

Which institutional investors are buying Watsco stock?

WSO stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Kayne Anderson Rudnick Investment Management LLC, Baillie Gifford & Co., State Street Corp, Sandler Capital Management, Premier Fund Managers Ltd, DAVENPORT & Co LLC, and Balyasny Asset Management LLC.
View insider buying and selling activity for Watsco or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Watsco's stock price today?

One share of WSO stock can currently be purchased for approximately $277.57.

How much money does Watsco make?

Watsco has a market capitalization of $10.75 billion and generates $5.05 billion in revenue each year. The construction company earns $269.58 million in net income (profit) each year or $7.01 on an earnings per share basis.

How many employees does Watsco have?

Watsco employs 5,800 workers across the globe.

When was Watsco founded?

Watsco was founded in 1945.

What is Watsco's official website?

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

Where are Watsco's headquarters?

Watsco is headquartered at 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133.

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].