Dividend History for Watsco, Inc wso

Watsco is well positioned to outperform the market, as it exhibits above-average growth in financials. This past year could have been better for equity investors. 2022 was one of the worst performances by the S&P 500.

Sign-up to receive the latest news and ratings for Watsco and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Watsco is 19.50, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.20. 84.73% of the stock of Watsco is held by institutions.

9.63% of the outstanding shares of Watsco have been sold short. Certain companies can be volatile, meaning the stock price fluctuates significantly. Don’t put all your eggs into one basket and remember to keep the Stash Way in mind when you invest. Price and market data provided by QuoteMedia and delayed a minimum of 15 minutes unless otherwise indicated.

Watsco (WSO) to Report Q3 Earnings: Factors to Consider

Today’s results establish new records for sales, gross profit, operating income, net income, earnings per share and operating cash flow for the fourth quarter and full year periods ended December 31, 2022. Watsco, Inc. is a distributor of air conditioning, heating what are stocks and how do they work and refrigeration equipment, and related parts and supplies (HVAC/R) in the HVAC/R distribution industry in North America. Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies.

• 2022 was one of the worst performances by the S&P 500.
• Value of one options unit-a measure of one basis point change in the options price.
• According to our system of comparison, WSO is a better buy in the short-term than GIC.
• 15 employees have rated Watsco Chief Executive Officer Albert H. Nahmad on Glassdoor.com.

Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Watsco’s third-quarter results benefit from solid demand and improved pricing. However, supply chain disruptions and inflationary pressures are risks. Watsco doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. In 2022, Watsco’s revenue was $7.27 billion, an increase of 15.83% compared to the previous year’s $6.28 billion.

Market Cap

Lennox’s growth across all three segments and solid execution on Commercial business profit recovery have been driving growth. The company has been implementing higher pricing to outpace the ongoing inflationary challenges. FIX has a trailing four-quarter earnings surprise of 9.9%, on average.

+17.3% 52-Week High Highest share price in the last 52 weeks. However, intense inflation, supply-chain disruption and labor woes have been impacting the construction sector. Apart from these, Watsco is investing a heavy amount in technology deployment, which is ultimately increasing costs. Seasonality and competitive pressure are other concerns. Needs to review the security of your connection before proceeding.

‡ Group life insurance coverage provided through Avibra, Inc. Only individuals ages and who are residents of one of the 50 U.S. states or DC are eligible for group life insurance coverage, subject to availability. Individuals with certain pre-existing medical conditions may not be eligible for the full coverage above, but may instead receive less coverage.

Get a Better Picture of a Company’s Performance

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 keeps impressing investors with regular dividend increases.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Immaterial changes have been made to this quote for editorial purposes. In order to participate, a user must comply with all eligibility requirements and make a qualifying purchase with their Stock-Back® Card. All funds used for this Program will be taken from your Stash Banking account†. Enter the amount you’d like to invest in Watsco Inc stock, then proceed to checkout.

You can use your Stash personal portfolio to purchase any of the available investments on our platform, as well as access our suite of automatic saving and investing tools. It’s calculated by multiplying the share price by the number of outstanding shares. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

Dividend Stocks That Generate More Passive Income Than a 10-Year Treasury Note

This A.I.-generated data suggests there is a high statistical probability that if WSO jumps, then FAST could also see price increases. A.I.dvisor indicates that over the last year, GIC has been loosely correlated with SITE. This A.I.-generated data suggests there is some statistical probability that if GIC jumps, then SITE could also see price increases. Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry. Weekly)Companies in this industry handle the wholesale shipments for the manufacturer of a product. They have warehouses and distribution centers, and they ship products directly to the retailer.

All insurance products are subject to state availability, issue limitations and contractual terms and conditions, any of which may change at any time and without notice. Stash may receive compensation from business partners in connection with certain promotions in which Stash refers clients to such partners for the purchase of non-investment consumer products or services. Clients are, however, not required to purchase the products and services Stash promotes. Some investments pay you profits or interest as you hold them. These payments are called dividends, and this value represents the dollar value as a percentage of the investment’s share price. The price-earnings ratio is the ratio between the price per share and the earnings per share.

Analyst’s Opinion

According to analysts’ consensus price target of $313.67, Watsco has a forecasted upside of 4.4% from its current price of $300.45. You may subsequently choose to open one or more investment advisory account. To begin investing on Stash, you must be approved from an account verification perspective and open a brokerage account. You can continue to build your portfolio by buying more stocks and funds—there are hundreds of options on Stash. Once you’ve finished your account, your Watsco Inc shares will be added to your new portfolio. Stash allows you to purchase smaller, more affordable pieces of investments rather than the whole share, which can be significantly more expensive.

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. https://day-trading.info/ The conclusion is GIC is a StrongSell and WSO is a Hold. Watsco is primarily focused on the U.S. residential sector, and given the slump in orders for new HVACR equipment, investors had reason to be concerned. That said, Watsco is a distributor of aftermarket parts, so its revenue is more sticky in a housing downturn.

Watsco Inc’s price can fluctuate throughout the course of each trading day—when you buy Watsco Inc through Stash, we execute the market order during our next available trading window . At Stash, we don’t recommend trying to predict the market when buying investments. We believe it can be a better strategy to buy quality investments you believe in, then hang onto them. P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren’t expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. One share of WSO stock can currently be purchased for approximately $300.45.

29.11% Return on Assets Indicates a company’s profitability in relation to its total assets. $214.93 Beta Beta indicates the volatility of a stock compared to the market. Higher beta means more volatile and thus potentially higher risk and return.