What is Zacks Research’s Estimate for Masco FY2027 Earnings?

Masco Co. (NYSE:MAS) – Equities research analysts at Zacks Research issued their FY2027 earnings estimates for Masco in a report released on Tuesday, March 4th. Zacks Research analyst R. Department expects that the construction company will post earnings per share of $5.13 for the year. The consensus estimate for Masco’s current full-year earnings is $4.34 per share.

A number of other brokerages have also recently issued reports on MAS. The Goldman Sachs Group upped their target price on Masco from $85.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Barclays raised their price target on Masco from $84.00 to $87.00 and gave the company an “overweight” rating in a report on Wednesday, February 12th. Oppenheimer upgraded Masco from a “market perform” rating to an “outperform” rating and set a $89.00 price objective on the stock in a report on Friday, January 10th. Wells Fargo & Company dropped their target price on Masco from $85.00 to $82.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 4th. Finally, UBS Group decreased their target price on Masco from $94.00 to $91.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. Nine investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $86.32.

Masco Price Performance

NYSE MAS opened at $74.21 on Friday. The stock’s 50-day moving average price is $76.10 and its two-hundred day moving average price is $78.78. The company has a current ratio of 1.75, a quick ratio of 1.15 and a debt-to-equity ratio of 20.74. The company has a market cap of $15.73 billion, a PE ratio of 19.74, a PEG ratio of 1.94 and a beta of 1.24. Masco has a 1 year low of $63.81 and a 1 year high of $86.70.

Masco (NYSE:MAS) last released its earnings results on Tuesday, February 11th. The construction company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.01. Masco had a net margin of 10.50% and a return on equity of 838.32%. During the same quarter last year, the business earned $0.83 earnings per share.

Masco Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 21st will be paid a $0.31 dividend. The ex-dividend date is Friday, February 21st. This is a positive change from Masco’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 1.67%. Masco’s payout ratio is currently 32.98%.

Insider Activity

In other news, CEO Keith J. Allman sold 21,723 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $76.36, for a total value of $1,658,768.28. Following the completion of the transaction, the chief executive officer now directly owns 60,267 shares in the company, valued at approximately $4,601,988.12. This represents a 26.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Institutional Trading of Masco

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Masco during the fourth quarter worth approximately $129,306,000. Nordea Investment Management AB lifted its position in Masco by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 2,997,839 shares of the construction company’s stock valued at $218,063,000 after purchasing an additional 520,555 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Masco in the 4th quarter valued at about $33,157,000. Freestone Grove Partners LP bought a new stake in Masco during the 4th quarter worth approximately $30,678,000. Finally, Invesco Ltd. grew its stake in shares of Masco by 14.7% during the 4th quarter. Invesco Ltd. now owns 2,821,629 shares of the construction company’s stock worth $204,766,000 after acquiring an additional 360,931 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Company Profile

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.