Watsco, Inc. (WSO)
| Market Cap | 11.40B |
| Revenue (ttm) | 5.18B |
| Net Income (ttm) | 294.17M |
| Shares Out | 38.61M |
| EPS (ttm) | 9.12 |
| PE Ratio | 31.97 |
| Forward PE | 34.48 |
| Dividend | $7.28 |
| Dividend Yield | 2.50% |
| Trading Day | July 26 |
| Last Price | $291.50 |
| Previous Close | $295.14 |
| Change ($) | -3.64 |
| Change (%) | -1.23% |
| Day's Open | 293.54 |
| Day's Range | 291.50 - 294.99 |
| Day's Volume | 2,758 |
| 52-Week Range | 211.67 - 305.72 |
Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) post impressive second-quarter 2021 revenues.
Watsco Inc (NYSE: WSO) reported second-quarter FY21 net revenue growth of 36.5% year-on-year to $1.85 billion, beating the analyst consensus of $1.67 billion. EPS of $3.71 beat the analyst consensus of ...
Watsco (WSO) delivered earnings and revenue surprises of 17.78% and 9.55%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Watsco (NYSE:WSO) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 64.16% year over year to $3.71, which beat the estimate of $3.00.
Strong Sales Growth, Higher Margins, Operating Efficiencies and Recent Acquisitions Drive Record Performance
Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Watsco's (WSO) solid technology innovation, acquisitions, and solid demand for replacement and heating equipment are likely to boost Q2 results.
The five large-cap companies discussed herein are slated to release second-quarter earnings results next week. These are: DOW, TXN, WSO, GGG and ALLY.
Watsco (WSO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MIAMI, July 12, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 second quarter financial results on Thursday, July 22, 2021 at 1...
Watsco, Inc. (NYSE:WSO) is the largest distributor of air conditioning, heating, and refrigeration equipment, as well as related parts and supplies, in the United States.
47th Consecutive Year of Paying Dividends 47th Consecutive Year of Paying Dividends
Continuous investment in industry-leading technologies and acquisitions along with a commitment to enhance shareholders' value will help Watsco (WSO) generate higher returns.
MIAMI, June 08, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) – Watsco, Inc. today announced appointments to its Advisory Board.
MIAMI, June 01, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the virtual William Blair 41st Annual Growth Stoc...
MIAMI, May 26, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it is scheduled to participate virtually at the Wolfe Transport & Industrials Conference on Thursday, May 27, 2021 a...
We have narrowed down our search to five low-beta stocks that have strong growth potential for 2021. These are: CINF, TWLII, WSO, ADM and LII.
Watsco (WSO) strengthens HVAC business through the acquisition of Acme Refrigeration, one of Louisiana's leading distributors of HVAC products.
$60 Million HVAC/R Distributor Adds 18 Locations in Sunbelt Markets $60 Million HVAC/R Distributor Adds 18 Locations in Sunbelt Markets
Does Watsco (WSO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) to post impressive first-quarter 2021 revenues.
Watsco (WSO) delivered earnings and revenue surprises of 52.75% and 5.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Watsco (NYSE:WSO) fell 0.0% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 93.06% year over year to $1.39, which beat the estimate ...
Double-Digit Sales Growth, Higher Gross Margins and Operating Efficiencies Drive Record Performance
Watsco's (WSO) solid technology innovation, acquisitions, and solid demand for replacement and heating equipments are likely to boost Q1 results.
Watsco (WSO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MIAMI, April 14, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 first quarter financial results on Thursday, April 22, 2021 at ...
Adds $291 Million in Sales and 32 Locations in New Markets Adds $291 Million in Sales and 32 Locations in New Markets
Air Conditioner & Heating Industry to Thrive: 4 Stocks in Focus
Watsco's (WSO) board of directors to reward shareholders with a 10% hike in annual dividend to $7.80 per share.
Quarterly Rate $1.95 Per Share Quarterly Rate $1.95 Per Share
Watsco (WSO) and Carrier's JV is set to acquire Temperature Equipment. This is set to mark Watsco's entry into the U.S. Midwest.
Watsco (WSO) reported earnings 30 days ago. What's next for the stock?
Find out how the HVAC distribution leader provides the stability, growth, and dividend income that you want in your retirement stock portfolio.
Solid performance of U.S. residential business and robust demand for HVAC equipment helped Watsco (WSO) post better-than-expected results for fourth-quarter 2020.
Watsco (WSO) delivered earnings and revenue surprises of 12.87% and 1.79%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Annual Records Achieved for EPS, Sales, Profitability and Cash Flow
MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 10% increase in its annual dividend to $7.80 per share on each outstanding sha...
Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NOA, WSO, ACM, OC & CCS from the Zacks Construction sector are set to beat Q4 expectations on the back of record-low mortgage rates, and recovery of manufacturing and construction activities.
MIAMI, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2020 fourth quarter and annual financial results on Thursday, Februar...
Several factors indicate that the housing market is poised to grow this year. This call for investing in KB Home (KBH), Lennar (LEN), Quanex (NX), Watsco (WSO) and Installed Building Products (IBP).
MIAMI, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $1.775 on each outstanding share of its Common and Class B common...
MIAMI, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported today that its 2020 annual sales have surpassed $5 billion.
Watsco, the nation's top HVAC/R distributor, has spent the last few years investing in and implementing technology platforms - even despite being misunderstood by its industry and industry analysts. Aki...
3 Stocks Worth a Look From the Resilient Air Conditioner & Heating Industry
Watsco (WSO) reported earnings 30 days ago. What's next for the stock?
Stocks fell somewhat to close the week as investors continued grappling with rising coronavirus cases, casting doubt on a swift economic recovery, and further optimism on a vaccine. For investors lookin...
Solid demand resulting from housing market recovery and gains from operating efficiency help Watsco (WSO) to post better-than-expected third-quarter 2020 results.
About WSO
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners, including gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats,... [Read more...]
| Industry Industrial Distribution | Founded 1945 |
| CEO Albert Nahmad | Employees 5,800 |
| Stock Exchange NYSE | Ticker Symbol WSO |
Financial Performance
In 2020, Watsco's revenue was $5.05 billion, an increase of 5.97% compared to the previous year's $4.77 billion. Earnings were $269.58 million, an increase of 9.61%.
Analyst Forecasts
According to 11 analysts, the average rating for Watsco stock is "Hold." The 12-month stock price forecast is 290.00, which is a decrease of -0.51% from the latest price.