Free Trial

Watsco (NYSE:WSO.B) Sees Large Volume Increase - What's Next?

Watsco logo with Construction background

Watsco Inc (NYSE:WSO.B - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 616 shares traded hands during trading, an increase of 9% from the previous session's volume of 563 shares.The stock last traded at $515.05 and had previously closed at $529.46.

Watsco Stock Performance

The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 38.46 and a beta of 0.60. The business has a fifty day moving average of $498.61 and a two-hundred day moving average of $496.99.

Watsco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were paid a $2.70 dividend. This represents a $10.80 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend was Friday, January 17th. Watsco's payout ratio is currently 81.51%.

About Watsco

(Get Free Report)

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

Read More

Should You Invest $1,000 in Watsco Right Now?

Before you consider Watsco, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watsco wasn't on the list.

While Watsco currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines