Shares of Masco Corporation (NYSE:MAS – Get Free Report) have been given a consensus rating of “Hold” by the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $79.8750.
A number of research firms have recently weighed in on MAS. Citigroup cut their price objective on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Barclays decreased their target price on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Truist Financial cut their price target on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, July 30th. UBS Group reduced their price target on Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, Wells Fargo & Company raised their price objective on Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th.
View Our Latest Research Report on MAS
Masco Stock Up 1.8%
Masco (NYSE:MAS – Get Free Report) last announced its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.32. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts anticipate that Masco will post 4.52 EPS for the current fiscal year.
Masco Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.32 per share. The ex-dividend date was Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco’s dividend payout ratio is 29.43%.
Institutional Trading of Masco
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bard Associates Inc. acquired a new stake in shares of Masco in the fourth quarter worth approximately $25,000. Sunbelt Securities Inc. acquired a new position in Masco during the third quarter worth approximately $26,000. Bell Investment Advisors Inc purchased a new position in Masco during the second quarter worth approximately $32,000. Headlands Technologies LLC boosted its holdings in shares of Masco by 114.5% in the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after purchasing an additional 293 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Masco during the 2nd quarter valued at $37,000. Hedge funds and other institutional investors own 93.91% of the company’s stock.
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.
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