Watsco, Inc. (WSO)
Market Cap | 15.57B |
Revenue (ttm) | 7.26B |
Net Income (ttm) | 591.46M |
Shares Out | 39.29M |
EPS (ttm) | 15.15 |
PE Ratio | 26.16 |
Forward PE | 26.78 |
Dividend | $9.80 (2.47%) |
Ex-Dividend Date | Oct 16, 2023 |
Volume | 333,618 |
Open | 383.33 |
Previous Close | 382.23 |
Day's Range | 382.23 - 396.74 |
52-Week Range | 243.38 - 406.08 |
Beta | 0.87 |
Analysts | Hold |
Price Target | 359.78 (-9.2%) |
Earnings Date | Oct 19, 2023 |
About WSO
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies. 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 supplies, such as thermostats, insulation mater... [Read more]
Financial Performance
In 2022, Watsco's revenue was $7.27 billion, an increase of 15.83% compared to the previous year's $6.28 billion. Earnings were $601.17 million, an increase of 43.50%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for WSO stock is "Hold." The 12-month stock price forecast is $359.78, which is a decrease of -9.20% from the latest price.
News

Watsco to Present at the Stephens Annual Investment Conference on November 14, 2023
MIAMI, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Enrique (Rick) Gomez, Vice President, is scheduled to speak at the Stephens Annual Investment Conference being he...

Watsco Reports Record-Breaking Third Quarter
Sales, Operating Income, Net Income and EPS at Record Levels Improved Productivity and Operating Efficiency Drive Record Operating Margin; Strong Balance Sheet Well-Positioned for Investment MIAMI, Oc...

Watsco's Earnings Call to Discuss Third Quarter Results Scheduled on October 19, 2023
MIAMI, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 third quarter financial results on Thursday, October 19, 2023 ...

Watsco Declares $2.45 Quarterly Dividend
MIAMI, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.45 on each outstanding share of its Common and Class B commo...

These Stocks Were Big Inflation Winners. Now They're at Risk of a Slowdown.
Ferguson, Pool Corp., Watsco, and Wesco do well when prices are increasing and inventory gets marked up. What happens when inflation slows?

Watsco to Present at the 11th Annual Morgan Stanley Laguna Conference on September 13, 2023
MIAMI, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at Morgan Stanley's 11th Annual Laguna Conference o...

Watsco Acquires Gateway Supply Company
$180 Million Distributor Adds 16 Locations in Core Sunbelt Markets Gateway Builds on Watsco's Leading Scale in Fragmented $50 Billion HVAC Marketplace

Watsco Reports Strong Second Quarter Results
Entrepreneurial Culture, Industry Scale, Technology Transformation and Regulatory Changes Contribute to Strong Margins and Support Long-Term Growth Entrepreneurial Culture, Industry Scale, Technology ...

Watsco's Earnings Call to Discuss Second Quarter Results Scheduled on August 1, 2023
MIAMI, July 10, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 second quarter financial results on Tuesday, August 1, 2023 at...

Watsco Joins the Prestigious Ranks of the Fortune 500
MIAMI, June 08, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) today announced it was named to the Fortune 500 list of companies by Fortune Magazine. Watsco ranked 495 overall on the list marking a...

Watsco Reports First Quarter EPS of $2.83 on Record Sales
Entrepreneurial Culture, Industry Scale, Technology Adoption and Regulatory Changes Contribute to Strong Margins and Support Long-Term Growth Entrepreneurial Culture, Industry Scale, Technology Adopti...

Watsco's Earnings Call to Discuss First Quarter Results Scheduled on April 20, 2023
MIAMI, April 07, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 first quarter financial results on Thursday, April 20, 2023 a...

Watsco Completes $600 Million Unsecured Credit Facility
MIAMI, March 17, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) today announced that it has signed a $600 million unsecured revolving credit facility led by Bank of America, N.A. as Administrative ...

Watsco to Present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023
MIAMI, March 14, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan's 2023 Industrials Conference being ...

These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Genco Shipping & Trading (NYSE:GNK), United Parcel Service (NYSE:UPS)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Watsco Reports Record Fourth Quarter and Record 2022 Performance
Record Fourth Quarter EPS Generated by Record Sales, Gross Margins and Operating Efficiencies. Full-Year 2022 16% Sales Growth Leads to Record Profits, Operating Margin, EPS and Cash Flow.

Watsco to Host 2022 Earnings Call February 16, 2023
MIAMI, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2022 fourth quarter and annual financial results on Thursday, Febru...

Watsco Boosts Annual Dividend 11% to $9.80 Per Share
49th Consecutive Year of Paying Dividends 49th Consecutive Year of Paying Dividends

Watsco's Earnings Call to Discuss Third Quarter Results Scheduled on October 20, 2022
MIAMI, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2022 third quarter financial results on Thursday, October 20, 2022 ...

Watsco Declares $2.20 Quarterly Dividend
48th Consecutive Year of Paying Dividends 48th Consecutive Year of Paying Dividends

Watsco to Present at the 10th Annual Morgan Stanley Laguna Conference on September 14, 2022
MIAMI, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at Morgan Stanley's 10th Annual Laguna Conference b...

3 Promising Stocks With High GF Scores
Trying to identify which stocks have the potential to outperform the market can be a difficult exercise. One way to screen for potential investment opportunities is to consider using GuruFocus' GF Sco...

Watsco to Present at Jefferies Industrial Conference on August 9, 2022 at 10:30 a.m. EDT
MIAMI, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President, is scheduled to present at the Jefferies Industrial Conference being held at the Inte...

Watsco Reports Record-Breaking Second Quarter
EPS Jumps 33% to $4.93 on Record Sales, Operating Profit, Operating Margin and Net Income ____________________ __