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

Masco Corporation (NYSE:MAS) has been given a consensus rating of “Hold” by the nineteen brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $80.0667.

MAS has been the topic of several recent research reports. BMO Capital Markets reduced their price objective on Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. The Goldman Sachs Group lifted their price objective on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Barclays boosted their target price on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. Citigroup reduced their target price on shares of Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, Evercore raised shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target on the stock in a research note on Monday, April 13th.

Institutional Trading of Masco

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Regent Peak Wealth Advisors LLC purchased a new position in shares of Masco during the 2nd quarter worth $234,000. Wedge Capital Management L L P NC boosted its holdings in shares of Masco by 6.8% during the second quarter. Wedge Capital Management L L P NC now owns 185,274 shares of the construction company’s stock worth $15,076,000 after purchasing an additional 11,782 shares during the last quarter. Tema ETFs LLC grew its position in shares of Masco by 8.2% in the second quarter. Tema ETFs LLC now owns 3,846 shares of the construction company’s stock valued at $313,000 after purchasing an additional 290 shares during the period. Asset Advisory Group Inc. purchased a new stake in shares of Masco in the second quarter valued at $221,000. Finally, Jacobs & Co. CA acquired a new position in Masco in the second quarter valued at $253,000. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Trading Up 0.2%

Shares of Masco stock opened at $77.96 on Monday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. Masco has a 1 year low of $58.16 and a 1 year high of $83.21. The company has a market capitalization of $15.73 billion, a P/E ratio of 19.34, a P/E/G ratio of 1.92 and a beta of 1.29. The business has a 50 day moving average price of $72.79 and a 200 day moving average price of $69.09.

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

Masco declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 7th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Masco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s dividend payout ratio is presently 31.76%.

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.