Brokerages Set Masco Corporation (NYSE:MAS) Target Price at $76.53

Masco Corporation (NYSE:MAS) has been assigned an average recommendation of “Hold” from the twenty brokerages that are covering the stock, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $76.9375.

A number of equities analysts have recently issued reports on MAS shares. Citigroup upped their price objective on Masco from $71.00 to $84.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Robert W. Baird set a $82.00 target price on Masco in a research note on Wednesday, February 11th. BMO Capital Markets reiterated a “market perform” rating and set a $77.00 price target on shares of Masco in a research report on Thursday, February 12th. Zelman & Associates lowered shares of Masco to a “hold” rating in a report on Wednesday, February 11th. Finally, Evercore set a $78.00 price objective on shares of Masco in a research note on Wednesday, February 11th.

Masco Price Performance

Shares of NYSE:MAS opened at $76.07 on Friday. The company’s fifty day moving average price is $68.08 and its 200-day moving average price is $68.33. The company has a debt-to-equity ratio of 38.75, a current ratio of 1.81 and a quick ratio of 1.14. The firm has a market capitalization of $15.49 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.16 and a beta of 1.28. Masco has a one year low of $56.55 and a one year high of $79.19.

Masco (NYSE:MAS) last announced its earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.04. The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.82 billion. Masco had a net margin of 10.71% and a return on equity of 856.70%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities research analysts anticipate that Masco will post 4.34 earnings per share for the current fiscal year.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 20th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, February 20th. This is a positive change from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 1.7%. Masco’s dividend payout ratio (DPR) is currently 32.21%.

Masco declared that its board has approved a stock buyback program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On Masco

A number of large investors have recently bought and sold shares of MAS. Focus Partners Wealth lifted its position in Masco by 2.6% in the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after purchasing an additional 265 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Masco by 14.8% in the second quarter. Blair William & Co. IL now owns 8,209 shares of the construction company’s stock worth $528,000 after buying an additional 1,057 shares during the period. Blue Trust Inc. raised its holdings in Masco by 38.3% during the 2nd quarter. Blue Trust Inc. now owns 1,928 shares of the construction company’s stock valued at $124,000 after buying an additional 534 shares during the last quarter. Aberdeen Group plc boosted its position in Masco by 3.3% during the 2nd quarter. Aberdeen Group plc now owns 173,041 shares of the construction company’s stock valued at $11,137,000 after buying an additional 5,556 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in Masco by 20.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,113 shares of the construction company’s stock worth $329,000 after acquiring an additional 855 shares during the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.