Masco Corporation (NYSE:MAS) Receives Consensus Rating of “Hold” from Analysts

Shares of Masco Corporation (NYSE:MAS) have earned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $73.20.

Several equities analysts recently issued reports on the company. Zacks Research lowered Masco from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Masco in a research report on Thursday. Barclays restated an “equal weight” rating and set a $71.00 target price (down previously from $76.00) on shares of Masco in a report on Monday, December 8th. Vertical Research assumed coverage on shares of Masco in a report on Monday, October 20th. They issued a “hold” rating for the company. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $67.00 price target on shares of Masco in a research note on Friday, January 9th.

Hedge Funds Weigh In On Masco

Several hedge funds have recently added to or reduced their stakes in MAS. FORA Capital LLC increased its holdings in Masco by 203.9% during the 2nd 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 in the last quarter. World Investment Advisors boosted 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 worth $3,853,000 after buying an additional 48,793 shares during the period. CWA Asset Management Group LLC grew its holdings in Masco by 33.4% in the 3rd quarter. CWA Asset Management Group LLC now owns 62,922 shares of the construction company’s stock valued at $4,429,000 after buying an additional 15,770 shares in the last quarter. Voya Financial Advisors Inc. acquired a new position in shares of Masco in the third quarter valued at about $1,245,000. Finally, Generali Asset Management SPA SGR increased its position in Masco by 1,051.8% during the third quarter. Generali Asset Management SPA SGR now owns 16,517 shares of the construction company’s stock worth $1,163,000 after acquiring an additional 15,083 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Trading Down 1.7%

Masco stock opened at $68.73 on Monday. The business’s 50-day simple moving average is $65.04 and its 200-day simple moving average is $67.74. Masco has a 52 week low of $56.55 and a 52 week high of $82.18. The firm has a market capitalization of $14.27 billion, a PE ratio of 17.62, a PEG ratio of 2.77 and a beta of 1.28. The company has a debt-to-equity ratio of 17.53, a quick ratio of 1.20 and a current ratio of 1.88.

Masco (NYSE:MAS) last issued 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). The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.94 billion. Masco had a return on equity of 1,317.38% and a net margin of 10.89%.The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 earnings per share. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. Equities research analysts forecast that Masco will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Friday, November 7th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, November 7th. 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.