Watsco, Inc. (WSO)

NYSE: WSO · Real-Time Price · USD
492.22
-10.51 (-2.09%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-2.09%
Market Cap 18.51B
Revenue (ttm) 7.43B
Net Income (ttm) 485.49M
Shares Out 37.60M
EPS (ttm) 13.12
PE Ratio 37.52
Forward PE 33.52
Dividend $10.80 (2.19%)
Ex-Dividend Date Oct 16, 2024
Volume 228,646
Open 500.75
Previous Close 502.73
Day's Range 490.76 - 503.33
52-Week Range 338.58 - 520.41
Beta 0.87
Analysts Buy
Price Target 491.67 (-0.11%)
Earnings Date Oct 23, 2024

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]

Sector Industrials
Founded 1945
Employees 7,425
Stock Exchange NYSE
Ticker Symbol WSO
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for WSO stock is "Buy." The 12-month stock price forecast is $491.67, which is a decrease of -0.11% from the latest price.

Price Target
$491.67
(-0.11% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

Watsco Analysts Increase Their Forecasts Following Q2 Results

Watsco, Inc. WSO reported worse-than-expected second-quarter financial results on Tuesday.

2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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

2 months ago - GlobeNewsWire

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....

3 months ago - GlobeNewsWire

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Other symbols: CARRDISEPCGNRCHDLIILOW
4 months ago - Benzinga

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...

5 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript

Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript

6 months ago - Seeking Alpha

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

6 months ago - GlobeNewsWire

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...

Other symbols: ABTCATCVXELSHDICEMA
6 months ago - Seeking Alpha

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.

Other symbols: NVDADVN
6 months ago - Schwab Network

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 ...

7 months ago - GlobeNewsWire

6 Upcoming Dividend Increases

The analysis compares the performance of individual stocks to the Schwab U.S. Dividend Equity ETF, with some stocks outperforming and others underperforming.

Other symbols: BKUGDKAIOZKUDR
7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

Other symbols: HDMAA
7 months ago - Seeking Alpha

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 ...

8 months ago - GlobeNewsWire

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 ...

8 months ago - Seeking Alpha

Watsco, Inc. (WSO) Q4 2023 Earnings Call Transcript

Watsco, Inc. (WSO) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market Boosts Annual Dividend 10% to $10.80 Per Share

Entrepreneurial Culture, Transformational Technologies, Strong Financial Position Continue to Provide Results and Significant Opportunities

8 months ago - GlobeNewsWire

Watsco to Host 2023 Earnings Call February 13, 2024

MIAMI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 fourth quarter and annual financial results on Tuesday, Februa...

9 months ago - GlobeNewsWire

Watsco: Heating Up For Profits

Watsco is a market leader in the HVAC distribution space with a track record of consistent revenue and earnings growth. The company follows a "buy and build" strategy, acquiring smaller industry playe...

9 months ago - Seeking Alpha

Watsco Declares $2.45 Quarterly Dividend and Commemorates Paying Dividends for 50 Consecutive Years

MIAMI, Jan. 02, 2024 (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...

10 months ago - GlobeNewsWire