Zacks Research Issues Optimistic Estimate for Masco Earnings

Masco Corporation (NYSE:MAS) – Zacks Research upped their FY2027 EPS estimates for Masco in a report issued on Monday, September 22nd. Zacks Research analyst Team now expects that the construction company will post earnings of $4.91 per share for the year, up from their previous forecast of $4.90. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Masco’s current full-year earnings is $4.34 per share.

A number of other research analysts have also commented on the company. Loop Capital reaffirmed a “hold” rating and set a $73.00 price target (up previously from $62.00) on shares of Masco in a research report on Monday, August 4th. Oppenheimer set a $79.00 target price on Masco and gave the company an “outperform” rating in a report on Monday, August 4th. Wells Fargo & Company raised their price target on Masco from $73.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 11th. Royal Bank Of Canada boosted their price objective on shares of Masco from $62.00 to $71.00 and gave the company a “sector perform” rating in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Masco in a report on Wednesday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $74.60.

Masco Stock Performance

Masco stock opened at $71.54 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.14 and a debt-to-equity ratio of 19.63. The firm has a market cap of $14.98 billion, a P/E ratio of 18.98, a P/E/G ratio of 2.61 and a beta of 1.19. Masco has a 1-year low of $56.55 and a 1-year high of $86.70. The firm has a 50-day moving average of $71.41 and a 200-day moving average of $66.93.

Masco (NYSE:MAS) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.22. Masco had a net margin of 10.51% and a return on equity of 1,519.31%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the company posted $1.20 EPS. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. Masco has set its FY 2025 guidance at 3.900-4.100 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MAS. Global X Japan Co. Ltd. grew its stake in shares of Masco by 120.2% in the first quarter. Global X Japan Co. Ltd. now owns 381 shares of the construction company’s stock worth $26,000 after acquiring an additional 208 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Masco in the 2nd quarter worth about $28,000. Alpine Bank Wealth Management purchased a new stake in Masco during the 1st quarter valued at about $29,000. Costello Asset Management INC bought a new stake in Masco during the 1st quarter valued at about $31,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Masco during the 1st quarter valued at about $33,000. Institutional investors own 93.91% of the company’s stock.

Insider Transactions at Masco

In related news, insider Jai Shah sold 82,910 shares of Masco stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $76.04, for a total transaction of $6,304,476.40. Following the completion of the transaction, the insider directly owned 39,638 shares of the company’s stock, valued at $3,014,073.52. This trade represents a 67.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Heath M. Eisman sold 2,431 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $74.62, for a total transaction of $181,401.22. Following the completion of the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $898,126.32. This trade represents a 16.80% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.50% of the company’s stock.

Masco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, August 8th. Masco’s dividend payout ratio (DPR) is presently 32.89%.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.