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

Shares of Masco Corporation (NYSE:MAS) have been given a consensus recommendation of “Hold” by the nineteen research firms that are presently covering the stock, Marketbeat reports. Thirteen analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $73.20.

Several equities analysts recently commented on the stock. Vertical Research assumed coverage on shares of Masco in a report on Monday, October 20th. They set a “hold” rating on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Masco in a report on Wednesday, October 8th. UBS Group dropped their price objective on Masco from $85.00 to $84.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Wells Fargo & Company upped their price objective on Masco from $75.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $67.00 target price on shares of Masco in a research report on Friday, January 9th.

Masco Stock Performance

NYSE:MAS opened at $70.49 on Monday. The firm has a market capitalization of $14.64 billion, a PE ratio of 18.08, a PEG ratio of 2.84 and a beta of 1.28. The stock’s fifty day moving average is $64.25 and its 200 day moving average is $67.62. Masco has a fifty-two week low of $56.55 and a fifty-two week high of $82.18. 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 posted its quarterly earnings data on Wednesday, October 29th. The construction company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.05). Masco had a net margin of 10.89% and a return on equity of 1,317.38%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the firm earned $1.08 EPS. The company’s revenue was down 3.3% on a year-over-year basis. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. On average, sell-side analysts anticipate that Masco will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Friday, November 7th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. Masco’s dividend payout ratio (DPR) is 31.79%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Gateway Investment Advisers LLC lifted its holdings in shares of Masco by 0.3% in the 3rd quarter. Gateway Investment Advisers LLC now owns 44,241 shares of the construction company’s stock worth $3,114,000 after buying an additional 143 shares during the period. HB Wealth Management LLC grew its holdings in Masco by 2.9% during the 2nd quarter. HB Wealth Management LLC now owns 5,522 shares of the construction company’s stock worth $355,000 after acquiring an additional 157 shares in the last quarter. Pallas Capital Advisors LLC increased its position in Masco by 1.4% during the 3rd quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock valued at $854,000 after purchasing an additional 162 shares during the period. Clearstead Advisors LLC lifted its position in shares of Masco by 21.6% in the 3rd quarter. Clearstead Advisors LLC now owns 947 shares of the construction company’s stock worth $67,000 after purchasing an additional 168 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Masco by 3.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 5,284 shares of the construction company’s stock worth $372,000 after purchasing an additional 171 shares during the period. Institutional investors 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.