Masco Corporation (NYSE:MAS) Stock Has Average Price Target of $79.56

Shares of Masco Corporation (NYSE:MAS – Get Free Report) have been given an average rating of “Hold” by the nineteen ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $79.56.

MAS has been the topic of several analyst reports. Zacks Research lowered shares of Masco from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. Wells Fargo & Company decreased their price objective on Masco from $87.00 to $82.00 and set an “overweight” rating for the company in a report on Friday, September 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Masco in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft set a $74.00 target price on Masco in a research note on Monday, August 3rd. Finally, Truist Financial decreased their price target on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, July 30th.

View Our Latest Stock Report on Masco

Institutional Trading of Masco

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Masco during the 2nd quarter worth approximately $1,278,943,000. Norges Bank acquired a new position in shares of Masco in the 4th quarter valued at $194,818,000. Bank of America Corp DE acquired a new position in shares of Masco in the 2nd quarter valued at $178,424,000. Bank of New York Mellon Corp purchased a new stake in Masco during the second quarter worth $156,668,000. Finally, Deutsche Bank AG acquired a new stake in Masco during the second quarter valued at $149,673,000. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Up 0.1%

NYSE:MAS opened at $68.37 on Friday. Masco has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The stock has a market capitalization of $13.48 billion, a P/E ratio of 15.72, a P/E/G ratio of 1.67 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. The company’s 50-day simple moving average is $72.08 and its 200-day simple moving average is $70.85.

Masco (NYSE:MAS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the previous year, the business posted $1.30 EPS. Masco’s revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts anticipate that Masco will post 4.52 earnings per share for the current fiscal year.

Masco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s dividend payout ratio (DPR) is presently 29.43%.

About Masco

(Get Free Report)

Masco Corporation is a manufacturer of branded home-improvement and building products. The company operates primarily through two product areas: plumbing products and decorative architectural products, serving residential, commercial and professional customers involved in new construction, remodeling and repair.

Masco’s plumbing portfolio includes faucets, showering products, sinks, spas and related fixtures marketed under brands such as Delta Faucet, Brizo, Peerless, Hansgrohe and HotSpring.

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Analyst Recommendations for Masco (NYSE:MAS)

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