Masco Corporation (NYSE:MAS) Receives $79.87 Consensus Target Price from Brokerages

Shares of Masco Corporation (NYSE:MAS) have received a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $79.8667.

Several equities analysts recently weighed in on MAS shares. Robert W. Baird lifted their price target on Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Citigroup lowered their price target on Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Wells Fargo & Company raised their price objective on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft set a $74.00 price objective on Masco in a research report on Monday, August 3rd. Finally, Evercore downgraded Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price for the company. in a research note on Thursday, July 30th.

Hedge Funds Weigh In On Masco

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new stake in shares of Masco during the third quarter worth about $26,000. Bard Associates Inc. purchased a new position in Masco in the 4th quarter valued at about $25,000. Bell Investment Advisors Inc acquired a new stake in Masco in the 2nd quarter worth about $32,000. Bogart Wealth LLC boosted its holdings in Masco by 2,550.0% in the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after buying an additional 408 shares during the last quarter. Finally, Headlands Technologies LLC increased its stake in Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after buying an additional 293 shares in the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Stock Performance

Shares of NYSE MAS opened at $74.61 on Friday. The company’s fifty day moving average price is $76.52 and its 200 day moving average price is $70.73. Masco has a 1 year low of $58.16 and a 1 year high of $83.64. The company has a market capitalization of $14.71 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 1.89 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86.

Masco (NYSE:MAS) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts predict that Masco will post 4.52 earnings per share for the current year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 24th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 24th. Masco’s payout ratio is presently 29.43%.

Masco announced that its Board of Directors has approved a stock repurchase program on Thursday, May 7th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 2.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

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.