Masco Corporation (NYSE:MAS) Stock Has Consensus Target Price of $79.12 According to Analysts

by · The Cerbat Gem

Masco Corporation (NYSE:MAS – Get Free Report) has earned an average recommendation of “Hold” from the nineteen brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $79.12.

A number of equities analysts recently commented on the company. DA Davidson assumed coverage on Masco in a research note on Monday, August 24th. They issued a “neutral” rating and a $80.00 price objective on the stock. Deutsche Bank Aktiengesellschaft set a $74.00 price target on Masco in a research note on Monday, August 3rd. Citigroup cut their price target on Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Wells Fargo & Company cut their price target on Masco from $87.00 to $82.00 and set an “overweight” rating on the stock in a report on Friday, September 11th. Finally, Royal Bank Of Canada reduced their price objective on shares of Masco from $72.00 to $69.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 7th.

Get Our Latest Stock Report on MAS

Masco Stock Performance

Masco stock opened at $76.04 on Wednesday. The business has a 50 day moving average of $70.87 and a 200-day moving average of $72.07. Masco has a 1 year low of $58.16 and a 1 year high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. The company has a market capitalization of $14.99 billion, a P/E ratio of 17.48, a P/E/G ratio of 1.97 and a beta of 1.30.

Masco (NYSE:MAS – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter last year, the business earned $1.30 EPS. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts predict that Masco will post 4.52 earnings per share for the current year.

Masco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.7%. Masco’s dividend payout ratio is currently 29.43%.

Institutional Investors Weigh In On Masco

Several hedge funds and other institutional investors have recently bought and sold shares of MAS. Nykredit A S bought a new stake in Masco in the 2nd quarter worth $2,456,000. Hsbc Holdings PLC increased its position in shares of Masco by 7.2% in the second quarter. Hsbc Holdings PLC now owns 369,842 shares of the construction company’s stock valued at $30,116,000 after acquiring an additional 24,934 shares during the period. Boston Trust Walden Corp increased its position in shares of Masco by 37.7% in the first quarter. Boston Trust Walden Corp now owns 713,598 shares of the construction company’s stock valued at $43,080,000 after acquiring an additional 195,509 shares during the period. Balefire LLC bought a new position in shares of Masco during the first quarter valued at about $1,021,000. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Masco during the second quarter valued at about $13,269,000. 93.91% of the stock is owned by institutional investors.

About Masco

(Get Free Report)

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.

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