Watsco, Inc. (WSO)

NYSE: WSO · IEX Real-Time Price · USD
396.25
+14.02 (3.67%)
Dec 1, 2023, 4:00 PM EST - Market closed
3.67%
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]

Sector Industrials
Founded 1945
Employees 7,275
Stock Exchange NYSE
Ticker Symbol WSO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$359.78
(-9.20% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

20 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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?

Other symbols: FERGPOOLWCC
3 months ago - Barrons

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...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

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...

Other symbols: GNKUPS
9 months ago - Benzinga

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.

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Watsco Boosts Annual Dividend 11% to $9.80 Per Share

49th Consecutive Year of Paying Dividends 49th Consecutive Year of Paying Dividends

11 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

Watsco Declares $2.20 Quarterly Dividend

48th Consecutive Year of Paying Dividends 48th Consecutive Year of Paying Dividends

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

Other symbols: AVGOCCI
1 year ago - GuruFocus

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...

1 year ago - GlobeNewsWire

Watsco Reports Record-Breaking Second Quarter

EPS Jumps 33% to $4.93 on Record Sales, Operating Profit, Operating Margin and Net Income ____________________ __

1 year ago - GlobeNewsWire

Final Trades: Boeing, Invitation Homes, Abbott Labs & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ABTBAINVH
1 year ago - CNBC Television