Brokerages Set Masco Corporation (NYSE:MAS) PT at $80.07

Masco Corporation (NYSE:MAS) has been given a consensus rating of “Hold” by the nineteen research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $80.0667.

A number of research analysts recently weighed in on the company. Royal Bank Of Canada raised their price objective on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. The Goldman Sachs Group lifted their price target on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Citigroup dropped their price target on Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, Bank of America dropped their price target on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th.

Masco Stock Up 6.4%

MAS opened at $77.87 on Thursday. Masco has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The business has a 50-day moving average of $70.30 and a 200-day moving average of $67.73. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The company has a market capitalization of $15.71 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 1.80 and a beta of 1.31.

Masco (NYSE:MAS) last posted its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. Masco had a return on equity of 815.20% and a net margin of 10.90%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period last year, the business earned $0.87 EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts forecast that Masco will post 4.25 EPS for the current fiscal year.

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 22nd were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s payout ratio is currently 31.76%.

Masco announced that its board has initiated a share repurchase plan on Thursday, May 7th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 2.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Institutional Trading of Masco

Institutional investors and hedge funds have recently modified their holdings of the company. Covestor Ltd boosted its stake in Masco by 20.7% in the 4th quarter. Covestor Ltd now owns 829 shares of the construction company’s stock valued at $53,000 after buying an additional 142 shares in the last quarter. Ritholtz Wealth Management boosted its stake in Masco by 3.9% in the 1st quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company’s stock valued at $242,000 after buying an additional 150 shares in the last quarter. Andina Capital Management LLC boosted its stake in Masco by 2.4% in the 4th quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock valued at $417,000 after buying an additional 154 shares in the last quarter. Pallas Capital Advisors LLC boosted its stake in Masco by 1.4% in the 3rd quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock valued at $854,000 after buying an additional 162 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its stake in Masco by 3.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company’s stock valued at $314,000 after buying an additional 167 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.