Masco Corporation (NYSE:MAS) Receives Average Recommendation of “Hold” from Analysts

Shares of Masco Corporation (NYSE:MAS) have earned a consensus rating of “Hold” from the nineteen ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $80.0667.

Several equities analysts recently issued reports on the company. Barclays boosted their price objective on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company boosted their price objective on Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. BMO Capital Markets reduced their price target on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. Finally, Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a research report on Monday, April 13th.

Masco Price Performance

Shares of MAS opened at $70.69 on Friday. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The stock has a 50 day simple moving average of $65.83 and a 200 day simple moving average of $66.41. Masco has a 52-week low of $58.16 and a 52-week high of $79.19. The firm has a market capitalization of $14.26 billion, a PE ratio of 17.54, a P/E/G ratio of 1.72 and a beta of 1.34.

Masco (NYSE:MAS) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.16. Masco had a return on equity of 815.20% and a net margin of 10.90%.The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same period in the previous year, the firm earned $0.87 EPS. Masco’s quarterly revenue was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Sell-side analysts predict that Masco will post 4.25 EPS for the current fiscal year.

Masco declared that its board has authorized a share repurchase program on Tuesday, February 10th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Masco Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. Masco’s dividend payout ratio is 31.76%.

Hedge Funds Weigh In On Masco

A number of large investors have recently bought and sold shares of the company. Summitry LLC acquired a new position in Masco during the 1st quarter worth approximately $207,000. Wellington Grp LLC increased its position in shares of Masco by 51.7% in the first quarter. Wellington Grp LLC now owns 2,033 shares of the construction company’s stock valued at $123,000 after acquiring an additional 693 shares during the last quarter. Kentucky Retirement Systems increased its position in shares of Masco by 122.5% in the first quarter. Kentucky Retirement Systems now owns 29,473 shares of the construction company’s stock valued at $1,779,000 after acquiring an additional 16,226 shares during the last quarter. South Dakota Investment Council increased its position in shares of Masco by 11.1% in the first quarter. South Dakota Investment Council now owns 18,048 shares of the construction company’s stock valued at $1,090,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Amundi increased its position in shares of Masco by 17.5% in the first quarter. Amundi now owns 2,152,818 shares of the construction company’s stock valued at $129,977,000 after acquiring an additional 320,230 shares during the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

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.