Zacks Research Forecasts Masco's FY2027 Earnings (NYSE:MAS)

Masco Co. (NYSE:MAS - Free Report) - Investment analysts at Zacks Research issued their FY2027 EPS estimates for Masco in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department expects that the construction company will earn $5.13 per share for the year. The consensus estimate for Masco's current full-year earnings is $4.34 per share.

A number of other research firms also recently weighed in on MAS. The Goldman Sachs Group raised their price target on shares of Masco from $85.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Oppenheimer upgraded shares of 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. Citigroup dropped their price objective on shares of Masco from $82.00 to $77.00 and set a "neutral" rating for the company in a report on Monday, January 6th. Jefferies Financial Group lowered shares of Masco from a "buy" rating to a "hold" rating and dropped their price objective for the company from $96.00 to $89.00 in a report on Monday, December 16th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $74.00 price objective on shares of Masco in a report on Wednesday, February 12th. Nine analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $86.32.

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Masco Price Performance

Shares of MAS traded up $1.10 during mid-day trading on Friday, reaching $75.25. The company had a trading volume of 2,928,761 shares, compared to its average volume of 1,532,524. The company's 50 day simple moving average is $76.15 and its 200 day simple moving average is $78.76. Masco has a 1-year low of $63.81 and a 1-year high of $86.70. The company has a debt-to-equity ratio of 20.74, a quick ratio of 1.15 and a current ratio of 1.75. The company has a market capitalization of $15.95 billion, a price-to-earnings ratio of 20.01, a P/E/G ratio of 1.94 and a beta of 1.24.

Masco (NYSE:MAS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The construction company reported $0.89 earnings per share 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 period in the prior year, the company posted $0.83 EPS.

Masco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 21st will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.24 annualized dividend and a dividend yield of 1.65%. This is a positive change from Masco's previous quarterly dividend of $0.29. Masco's payout ratio is currently 32.98%.

Insider Activity

In related news, CEO Keith J. Allman sold 21,723 shares of Masco stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $76.36, for a total value of $1,658,768.28. Following the completion of the sale, the chief executive officer now owns 60,267 shares of the company's stock, valued at approximately $4,601,988.12. This trade represents a 26.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of Masco

Several hedge funds have recently bought and sold shares of the business. ORG Wealth Partners LLC purchased a new position in Masco during the 4th quarter worth $27,000. Golden State Wealth Management LLC purchased a new position in shares of Masco in the 4th quarter worth about $27,000. Kestra Investment Management LLC purchased a new position in shares of Masco in the 4th quarter worth about $30,000. Capital Performance Advisors LLP purchased a new position in shares of Masco in the 3rd quarter worth about $38,000. Finally, Lee Danner & Bass Inc. purchased a new position in shares of Masco in the 4th quarter worth about $42,000. Institutional investors and hedge funds own 93.91% 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.