Pool Corporation (NASDAQ:POOL) Declares Quarterly Dividend of $1.30

Pool Corporation (NASDAQ:POOL) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Thursday, August 13th will be paid a dividend of 1.30 per share by the specialty retailer on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, August 13th.

Pool has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 15 years. Pool has a dividend payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Pool to earn $11.85 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 43.9%.

Pool Price Performance

Shares of Pool stock opened at $193.45 on Thursday. Pool has a 52-week low of $172.68 and a 52-week high of $336.15. The stock has a market capitalization of $7.05 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 2.60 and a beta of 1.05. The company has a fifty day moving average of $196.67 and a 200-day moving average of $215.07. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.91 and a current ratio of 2.67.

Pool (NASDAQ:POOL) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 EPS for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a net margin of 7.40% and a return on equity of 32.74%. The firm’s revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. Equities research analysts expect that Pool will post 10.95 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on POOL. Wall Street Zen raised shares of Pool from a “sell” rating to a “hold” rating in a research note on Monday, April 27th. Stephens cut their price target on shares of Pool from $290.00 to $225.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Robert W. Baird set a $260.00 price target on shares of Pool in a report on Friday, July 24th. Stifel Nicolaus decreased their price objective on shares of Pool from $235.00 to $189.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded shares of Pool from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $235.67.

About Pool

Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.

The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.