Masco Corporation (NYSE:MAS – Get Free Report) has earned a consensus recommendation of “Hold” from the nineteen research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $80.6667.
MAS has been the subject of several research analyst reports. Wells Fargo & Company lifted their price target on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Truist Financial increased their price objective on shares of Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. raised their target price on Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Zacks Research raised Masco from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Finally, Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target on the stock in a research note on Monday, April 13th.
View Our Latest Stock Analysis on Masco
Masco Stock Performance
Masco (NYSE:MAS – Get Free Report) last released its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.16. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. Masco’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities analysts forecast that Masco will post 4.25 earnings per share for the current year.
Masco declared that its Board of Directors has authorized a share repurchase program on Thursday, May 7th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 2.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.
Masco Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.32 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s payout ratio is currently 31.76%.
Masco News Summary
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Zacks Research upgraded Masco to strong-buy from hold, a bullish signal that can support investor sentiment. Zacks.com
- Positive Sentiment: The analyst lifted near- and medium-term EPS forecasts, including Q1 2027 to $1.10, Q2 2027 to $1.35, Q3 2027 to $1.18, and Q4 2027 to $1.07, suggesting stronger expected earnings momentum.
- Positive Sentiment: FY2027 EPS was increased to $4.69 from $4.64, and FY2028 EPS was raised to $5.25 from $5.19, reinforcing the view that earnings may continue to grow.
- Neutral Sentiment: Zacks also nudged its Q2 2028 EPS estimate higher to $1.43 from $1.41 and Q1 2028 EPS to $1.22 from $1.21.
Institutional Trading of Masco
Several hedge funds have recently bought and sold shares of MAS. Norges Bank purchased a new position in shares of Masco during the fourth quarter valued at approximately $194,818,000. Wellington Management Group LLP bought a new position in Masco during the 3rd quarter valued at $192,948,000. Jacobs Levy Equity Management Inc. lifted its stake in Masco by 443.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,330,523 shares of the construction company’s stock valued at $164,046,000 after acquiring an additional 1,901,815 shares in the last quarter. Barclays PLC boosted its holdings in Masco by 234.5% during the 4th quarter. Barclays PLC now owns 1,624,841 shares of the construction company’s stock worth $103,112,000 after acquiring an additional 1,139,098 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Masco by 19.2% in the 4th quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after acquiring an additional 977,684 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.
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.
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