Watsco, Inc. (WSO)
Market Cap | 18.23B |
Revenue (ttm) | 7.47B |
Net Income (ttm) | 485.57M |
Shares Out | 37.64M |
EPS (ttm) | 13.03 |
PE Ratio | 37.18 |
Forward PE | 33.82 |
Dividend | $10.80 (2.23%) |
Ex-Dividend Date | Oct 16, 2024 |
Volume | 407,491 |
Open | 483.81 |
Previous Close | 485.59 |
Day's Range | 481.00 - 491.82 |
52-Week Range | 373.33 - 571.42 |
Beta | 0.91 |
Analysts | Buy |
Price Target | 488.33 (+0.83%) |
Earnings Date | Feb 11, 2025 |
About WSO
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and suppli... [Read more]
Financial Performance
In 2023, Watsco's revenue was $7.28 billion, an increase of 0.13% compared to the previous year's $7.27 billion. Earnings were $499.37 million, a decrease of -9.17%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for WSO stock is "Buy." The 12-month stock price forecast is $488.33, which is an increase of 0.83% from the latest price.
News
Watsco to Present at the Stephens Investment Conference on November 19, 2024 at 2:00 p.m. CT
MIAMI, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the Stephens Investment Conferenc...
Undervalued Dividend Opportunities - 3 Industrial Stocks Worth Considering
Using metrics like shares outstanding, long-term debt, gross margin, P/E ratio, and historical dividend yield to assess if something is undervalued. AO Smith is more mainstream and offers shareholder ...
4-Factor Dividend Growth Portfolio: FY3 Rebalance And 21.57% Long-Term CAGR
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio finished FY2 on October 31, 20...
Watsco: Primed For Market-Beating Returns Following Q3 Earnings
Watsco reported mixed Q3 results, but sees a stabilizing HVAC equipment market and reason for optimism. The company expects pricing and volumes to increase due to new regulatory requirements. Watsco's...
Watsco, Inc. (WSO) Q3 2024 Earnings Call Transcript
Watsco, Inc. (NYSE:WSO) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Albert Nahmad - Chairman and CEO Paul Johnston - Executive Vice President Barry Logan - Exec...
Watsco Reports Record Sales, Enhanced Operating Efficiency, Strong Cash Flow and Improving Business Trends
Entrepreneurial Culture, Debt-Free Balance Sheet, Leading Technologies and Upcoming Regulatory Change Support Long-Term Investment and Growth Entrepreneurial Culture, Debt-Free Balance Sheet, Leading ...
Watsco Schedules Third Quarter Earnings Conference Call on Wednesday, October 23, 2024
MIAMI, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 third quarter financial results on Wednesday, October 23, 2024...
Watsco Declares $2.70 Quarterly Dividend
MIAMI, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B commo...
Watsco to Present at the 12th Annual Morgan Stanley Laguna Conference on September 11, 2024 at 3:10 p.m. PDT
MIAMI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the 12th Annual Morgan Stanley L...
Watsco Analysts Increase Their Forecasts Following Q2 Results
Watsco, Inc. WSO reported worse-than-expected second-quarter financial results on Tuesday.
Watsco, Inc. (WSO) Q2 2024 Earnings Call Transcript
Watsco, Inc. (NYSE:WSO) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Al Nahmad - Chairman and CEO Paul Johnston – EVP Barry Logan – EVP A.J. Nahmad – President Rick...
Watsco Reports Record Sales, Enhanced Operating Efficiency and Strong Cash Flow During Second Quarter
Continued Customer Adoption of Industry-Leading Technologies Helps Drive Share Gains; Debt-Free Balance Sheet Supports Long-Term Investment and Growth
Watsco's Second Quarter Earnings Call Scheduled on July 30, 2024
MIAMI, July 22, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 second quarter results on Tuesday, July 30, 2024 at 10:00 a.m....
Watsco to Present at William Blair's 44th Annual Growth Stock Conference in Chicago on June 4, 2024 at 3:20 p.m. CDT
MIAMI, May 29, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the William Blair 44th Annual Growth Stock Confe...
Watsco: Plumbing May Be Its Next Big Growth Opportunity (Rating Upgrade)
Watsco's recent acquisitions in the plumbing supply distribution industry indicate a greater focus on growing its presence in this market. The company's management aims to double the size of the busin...
Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript
Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript
Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season
Continued Customer Adoption of Industry-Leading Technologies Drives Share Gains; Company Strengthens Balance Sheet for Long-Term Investment and Growth
Low Risk, High Return? The Power Of The 15-Stock Dividend Growth Portfolio
Dividends have contributed significantly to the total return of the S&P 500 since 1960, making dividend investing important. The favorable conditions for growth stocks in the past decade may be coming...
Bearish on NVDA & Bullish on WSO, DVN
Nvidia (NVDA), Watsco (WSO), and Devon Energy (DVN) are today's big three stocks. Dan Deming and Ben Lichtenstein discuss how to trade, as well as the technical trends of these names.
Watsco's Earnings Call to Discuss First Quarter Results Scheduled on April 24, 2024
MIAMI, April 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 first quarter financial results on Wednesday, April 24, 2024 ...
Watsco Boosts Annual Dividend 10% to $10.80 Per Share
MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B comm...
3 Housing Plays So You Can Sleep Well At Night
A majority of Seeking Alpha readers believe that 2024 will not be a good year to buy a home. Homebuilding stocks have reached all-time highs despite elevated mortgage rates. Higher mortgage delinquenc...
Watsco to Present at the J.P. Morgan 2024 Industrials Conference
MIAMI, March 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan's 2024 Industrials Conference being ...
Watsco: A Fantastic Dividend Compounder I Just Put On My Watchlist
Watsco Inc. is an industrial distribution giant in the HVAC/R industry, providing products and services in the commercial and residential market. The company focuses on recurring revenue business and ...