Analysts Set Masco Corporation (NYSE:MAS) PT at $80.07

Shares of Masco Corporation (NYSE:MAS) have earned a consensus recommendation of “Hold” from the nineteen ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $80.6667.

Several research analysts have recently commented on the company. BMO Capital Markets cut 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. Bank of America lowered their target price on shares of Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. JPMorgan Chase & Co. lifted their target price on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Truist Financial increased their price target on shares of Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Robert W. Baird lifted their price objective on shares of Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd.

Hedge Funds Weigh In On Masco

Institutional investors have recently modified their holdings of the company. State Street Corp lifted its position in 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 last quarter. JPMorgan Chase & Co. raised its stake in shares of Masco by 19.2% during the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after acquiring an additional 977,684 shares in the last quarter. 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 acquiring an additional 58,609 shares during the last quarter. 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 acquiring an additional 2,085,454 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake 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 valued at $278,619,000 after purchasing an additional 267,012 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Trading Down 1.9%

Shares of MAS stock opened at $78.60 on Monday. The company has a market capitalization of $15.86 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.98 and a beta of 1.29. Masco has a 52-week low of $58.16 and a 52-week high of $83.21. The business’s fifty day moving average is $73.45 and its 200 day moving average is $69.53. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75.

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

Masco announced that its Board of Directors has initiated a stock buyback program on Thursday, May 7th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Masco Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Friday, May 22nd were given 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 1.6%. Masco’s dividend payout ratio (DPR) is presently 31.76%.

About Masco

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.