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

Shares of Masco Corporation (NYSE:MAS) have earned a consensus recommendation of “Hold” from the nineteen ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $80.6667.

MAS has been the topic of a number of research analyst reports. Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 target price on the stock in a research note on Monday, April 13th. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Bank of America cut their price objective on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a report on Monday, April 20th. Royal Bank Of Canada increased their price objective on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. raised their price objective on Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a report on Friday, April 24th.

Institutional Investors Weigh In On Masco

A number of institutional investors have recently made changes to their positions in MAS. Bard Associates Inc. bought a new position in shares of Masco during the fourth quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new position in shares of Masco in the third quarter worth $26,000. Bogart Wealth LLC raised its holdings in Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares during the last quarter. Community Bank N.A. purchased a new stake in Masco during the 3rd quarter valued at $34,000. Finally, Headlands Technologies LLC boosted its position in Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after buying an additional 293 shares during the period. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Price Performance

MAS stock opened at $78.03 on Monday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. Masco has a one year low of $58.16 and a one year high of $83.21. The stock has a market cap of $15.74 billion, a PE ratio of 19.36, a P/E/G ratio of 1.92 and a beta of 1.29. The firm has a 50 day simple moving average of $73.14 and a two-hundred day simple moving average of $69.36.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.16. Masco had a net margin of 10.90% and a return on equity of 815.20%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter last year, the company posted $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. On average, analysts predict 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 paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s dividend payout ratio (DPR) is 31.76%.

Masco declared that its board has approved a stock repurchase program on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 2.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

About Masco

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.