Masco (MAS) Projected to Post Quarterly Earnings on Wednesday

Masco (NYSE:MAS - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.93 per share and revenue of $1.84 billion for the quarter. Masco has set its FY 2025 guidance at 4.200-4.450 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The construction company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.01. Masco had a net margin of 10.50% and a return on equity of 838.32%. During the same quarter in the previous year, the company earned $0.83 EPS. On average, analysts expect Masco to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Masco Trading Up 1.1 %

Shares of Masco stock traded up $0.68 during trading on Friday, reaching $61.56. The company's stock had a trading volume of 1,742,381 shares, compared to its average volume of 1,705,298. The company has a quick ratio of 1.15, a current ratio of 1.75 and a debt-to-equity ratio of 20.74. Masco has a 52-week low of $57.27 and a 52-week high of $86.70. The firm's 50-day moving average is $69.93 and its two-hundred day moving average is $75.68. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 1.94 and a beta of 1.24.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 21st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.01%. This is a positive change from Masco's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Friday, February 21st. Masco's dividend payout ratio is presently 32.98%.

Analyst Ratings Changes

MAS has been the subject of a number of recent research reports. Royal Bank of Canada reissued a "sector perform" rating and issued a $74.00 target price on shares of Masco in a research note on Wednesday, February 12th. The Goldman Sachs Group raised their target price on shares of Masco from $85.00 to $96.00 and gave the stock a "buy" rating in a report on Thursday, February 13th. Zelman & Associates raised shares of Masco to a "strong-buy" rating in a research report on Friday, January 17th. Citigroup lowered their price objective on shares of Masco from $82.00 to $77.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Finally, Barclays dropped their target price on shares of Masco from $87.00 to $75.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $83.37.

Insider Buying and Selling at Masco

In other news, VP Renee Straber sold 3,139 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $71.78, for a total value of $225,317.42. Following the sale, the vice president now directly owns 33,027 shares of the company's stock, valued at approximately $2,370,678.06. This represents a 8.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Keith J. Allman sold 21,723 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $76.36, for a total transaction of $1,658,768.28. Following the completion of the transaction, the chief executive officer now owns 60,267 shares in the company, valued at approximately $4,601,988.12. The trade was a 26.49 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

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.