Shares of Watsco Inc (NYSE:WSO.B - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $493.38 and traded as low as $469.95. Watsco shares last traded at $491.11, with a volume of 40 shares trading hands.
Watsco Trading Down 8.8 %
The company has a market cap of $19.71 billion, a price-to-earnings ratio of 37.72 and a beta of 0.61. The stock's 50 day moving average price is $519.62 and its 200 day moving average price is $493.68.
Watsco Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $2.70 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a yield of 2.21%. Watsco's dividend payout ratio (DPR) is 83.46%.
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.
Recommended Stories
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
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
