Masco (MAS) to Release Quarterly Earnings on Thursday

Masco (NYSE:MAS) will be announcing its earnings results before the market opens on Thursday, February 8th. Analysts expect the company to announce earnings of $0.44 per share for the quarter.

Masco (MAS) opened at $44.66 on Thursday. Masco has a 1-year low of $31.29 and a 1-year high of $46.44. The company has a debt-to-equity ratio of 49.48, a current ratio of 1.94 and a quick ratio of 1.43. The firm has a market capitalization of $14,050.00, a PE ratio of 26.43, a price-to-earnings-growth ratio of 1.16 and a beta of 1.58.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Friday, January 12th will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, January 11th. Masco’s dividend payout ratio (DPR) is currently 24.85%.

In related news, Director Lokeren Mary Ann Van sold 16,850 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $38.85, for a total transaction of $654,622.50. Following the completion of the sale, the director now owns 47,909 shares in the company, valued at $1,861,264.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Renee Straber sold 2,574 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $42.55, for a total value of $109,523.70. Following the sale, the vice president now owns 65,423 shares of the company’s stock, valued at approximately $2,783,748.65. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Several research analysts have recently commented on the company. Credit Suisse Group reaffirmed a “neutral” rating and issued a $46.00 price objective (up previously from $36.00) on shares of Masco in a research note on Monday, January 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. downgraded Masco from an “overweight” rating to a “neutral” rating in a research note on Friday, January 5th. Zacks Investment Research downgraded Masco from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Barclays set a $45.00 price objective on Masco and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Finally, FBR & Co reaffirmed a “buy” rating and issued a $46.00 price objective (up previously from $43.00) on shares of Masco in a research note on Wednesday, October 25th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $44.13.

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Masco Company Profile

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

Earnings History for Masco (NYSE:MAS)

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