Masco (NYSE:MAS) Releases Earnings Results

Masco (NYSE:MAS - Get Free Report) released its earnings results on Tuesday. The construction company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.01, Zacks reports. Masco had a return on equity of 615.54% and a net margin of 10.54%. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Masco updated its FY 2025 guidance to 4.200-4.450 EPS.

Masco Stock Performance

Shares of MAS traded up $0.73 during mid-day trading on Friday, hitting $78.35. 719,593 shares of the company's stock were exchanged, compared to its average volume of 1,467,606. Masco has a 52 week low of $63.81 and a 52 week high of $86.70. The stock's 50-day simple moving average is $76.47 and its 200-day simple moving average is $78.70. The firm has a market cap of $16.90 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 2.09 and a beta of 1.25. The company has a quick ratio of 1.21, a current ratio of 1.83 and a debt-to-equity ratio of 20.74.

Masco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 21st will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Masco's previous quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a yield of 1.58%. Masco's dividend payout ratio (DPR) is 30.85%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MAS. Oppenheimer upgraded Masco from a "market perform" rating to an "outperform" rating and set a $89.00 price objective for the company in a report on Friday, January 10th. Jefferies Financial Group cut Masco from a "buy" rating to a "hold" rating and decreased their price objective for the company from $96.00 to $89.00 in a report on Monday, December 16th. Truist Financial raised their price objective on Masco from $84.00 to $92.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Barclays raised their price objective on Masco from $84.00 to $87.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, StockNews.com cut Masco from a "buy" rating to a "hold" rating in a report on Friday, November 15th. Nine equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Masco has a consensus rating of "Moderate Buy" and a consensus price target of $86.32.

Masco Company Profile

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.