Masco (NYSE:MAS – Free Report) had its price target boosted by Robert W. Baird from $80.00 to $82.00 in a research report released on Thursday,Benzinga reports. Robert W. Baird currently has a neutral rating on the construction company’s stock.
A number of other research firms also recently commented on MAS. Truist Financial reduced their target price on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Barclays reduced their target price on Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Evercore lowered shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price on the stock. in a report on Thursday, July 30th. The Goldman Sachs Group restated a “buy” rating and set a $95.00 price objective on shares of Masco in a report on Wednesday. Finally, Melius Research began coverage on shares of Masco in a research report on Tuesday, October 6th. They issued a “hold” rating and a $75.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $80.94.
Check Out Our Latest Report on Masco
Masco Price Performance
Masco stock opened at $80.71 on Thursday. Masco has a 12 month low of $58.16 and a 12 month high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.83 and a quick ratio of 1.22. The business has a 50 day simple moving average of $71.26 and a 200-day simple moving average of $70.88. The stock has a market capitalization of $15.56 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.90 and a beta of 1.30.
Masco (NYSE:MAS – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The construction company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.17. Masco had a negative return on equity of 1,807.69% and a net margin of 12.07%. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the company earned $0.97 earnings per share. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities analysts predict that Masco will post 4.72 earnings per share for the current year.
Masco Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Friday, November 6th will be paid a $0.32 dividend. The ex-dividend date is Friday, November 6th. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s dividend payout ratio is 27.71%.
Institutional Investors Weigh In On Masco
Hedge funds have recently bought and sold shares of the business. Bell Investment Advisors Inc acquired a new position in shares of Masco in the 2nd quarter valued at about $32,000. Latitude Advisors LLC bought a new position in Masco in the 3rd quarter worth approximately $30,000. Pension & Wealth Management Advisors Inc. acquired a new stake in Masco in the third quarter worth about $36,000. Johnson Financial Group Inc. acquired a new stake in shares of Masco in the 2nd quarter worth approximately $49,000. Finally, Trust Co. of Vermont bought a new position in Masco during the 2nd quarter valued at $53,000. Institutional investors and hedge funds own 93.91% of the company’s stock.
Trending Headlines about Masco
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Masco reported third-quarter earnings of $1.19 per share, exceeding the $1.02 consensus estimate, while revenue of $1.97 billion also topped expectations. Earnings increased from $0.97 per share a year earlier, helping drive the stock’s gap higher. Masco Shares Gap Up After Better-Than-Expected Earnings
- Positive Sentiment: Management provided fourth-quarter 2026 earnings guidance, giving investors additional visibility into the company’s outlook. Masco Provides Fourth-Quarter Earnings Guidance
- Positive Sentiment: UBS raised its price target to $98 from $94 and maintained a Buy rating. Truist also raised its target to $90 from $85 and upgraded its stance to Buy, adding to bullish analyst sentiment.
- Positive Sentiment: One valuation analysis estimates that Masco may be approximately 18% undervalued based on its third-quarter results, suggesting potential upside if earnings remain durable. Masco May Be 18% Undervalued on Third-Quarter Results
Masco Company Profile
Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.
Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.
Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.
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