Masco Corporation (NYSE:MAS) Receives $80.07 Average Target Price from Brokerages

Shares of Masco Corporation (NYSE:MAS) have been given a consensus rating of “Hold” by the nineteen brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $80.0667.

MAS has been the subject of a number of recent analyst reports. The Goldman Sachs Group boosted their price objective on Masco from $79.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Bank of America dropped their price objective on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a report on Monday, April 20th. BMO Capital Markets dropped their price objective on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Barclays boosted their price objective on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a report on Friday, April 24th.

Hedge Funds Weigh In On Masco

A number of large investors have recently bought and sold shares of MAS. State Street Corp lifted its holdings in shares of Masco by 0.6% in the 4th quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock worth $649,545,000 after buying an additional 60,430 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Masco by 19.2% in the 4th quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after buying an additional 977,684 shares during the period. Boston Partners lifted its holdings in shares of Masco by 1.0% in the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock worth $411,832,000 after buying an additional 58,609 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Masco by 76.1% in the 4th quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock worth $306,295,000 after buying an additional 2,085,454 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Masco by 6.5% in the 4th quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company’s stock worth $278,619,000 after buying an additional 267,012 shares during the period. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

NYSE MAS opened at $73.63 on Thursday. The company has a market cap of $14.85 billion, a P/E ratio of 18.27, a P/E/G ratio of 1.83 and a beta of 1.31. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The business’s 50 day moving average price is $69.83 and its 200-day moving average price is $67.57. Masco has a fifty-two week low of $58.16 and a fifty-two week high of $79.19.

Masco (NYSE:MAS) last released its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.16. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Sell-side analysts predict that Masco will post 4.25 earnings per share for the current year.

Masco declared that its board has initiated a share buyback plan on Thursday, May 7th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the construction company to buy up to 2.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Masco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were issued a dividend of $0.32 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. Masco’s payout ratio is presently 31.76%.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.