Masco Corporation (NYSE:MAS) Given Average Recommendation of “Hold” by Analysts

Masco Corporation (NYSE:MAS) has received a consensus rating of “Hold” from the twenty analysts that are presently covering the firm, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $73.5333.

A number of equities analysts have recently commented on the stock. UBS Group reduced their target price on shares of Masco from $85.00 to $84.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Barclays restated an “equal weight” rating and set a $71.00 price objective (down from $76.00) on shares of Masco in a report on Monday, December 8th. Wells Fargo & Company upgraded Masco from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $70.00 to $75.00 in a report on Monday, December 15th. Argus dropped their price target on Masco from $82.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Finally, Vertical Research assumed coverage on Masco in a report on Monday, October 20th. They issued a “hold” rating for the company.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. FORA Capital LLC grew its holdings in Masco by 203.9% in the second quarter. FORA Capital LLC now owns 35,603 shares of the construction company’s stock worth $2,291,000 after purchasing an additional 23,887 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Masco by 819.8% during the 3rd quarter. World Investment Advisors now owns 54,745 shares of the construction company’s stock valued at $3,853,000 after purchasing an additional 48,793 shares during the last quarter. Voya Financial Advisors Inc. acquired a new stake in shares of Masco in the 3rd quarter worth $1,245,000. Nordea Investment Management AB grew its stake in Masco by 6.6% during the 2nd quarter. Nordea Investment Management AB now owns 3,311,261 shares of the construction company’s stock worth $212,351,000 after buying an additional 206,311 shares during the last quarter. Finally, Tredje AP fonden increased its position in Masco by 25.7% during the 2nd quarter. Tredje AP fonden now owns 22,038 shares of the construction company’s stock valued at $1,418,000 after buying an additional 4,507 shares in the last quarter. 93.91% of the stock is owned by institutional investors.

Masco Stock Performance

MAS stock opened at $63.43 on Thursday. Masco has a twelve month low of $56.55 and a twelve month high of $82.18. The firm has a market cap of $13.17 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 2.78 and a beta of 1.27. The business’s fifty day simple moving average is $63.72 and its two-hundred day simple moving average is $67.25. The company has a quick ratio of 1.20, a current ratio of 1.88 and a debt-to-equity ratio of 17.53.

Masco (NYSE:MAS) last posted its quarterly earnings results on Wednesday, October 29th. The construction company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.05). Masco had a return on equity of 1,317.38% and a net margin of 10.89%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. Analysts predict that Masco will post 4.34 earnings per share for the current year.

Masco Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Friday, November 7th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, November 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. Masco’s dividend payout ratio (DPR) is currently 31.79%.

About Masco

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.