Brokerages Set Masco Corporation (NYSE:MAS) Target Price at $79.88

Shares of Masco Corporation (NYSE:MAS) have received a consensus rating of “Hold” from the nineteen ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $79.8750.

MAS has been the topic of several recent analyst reports. Barclays cut their target price on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Zacks Research downgraded Masco from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft set a $74.00 price target on Masco in a research report on Monday, August 3rd. Wells Fargo & Company increased their price objective on Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Evercore lowered Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price objective for the company. in a research report on Thursday, July 30th.

Masco Trading Up 0.1%

Shares of MAS opened at $72.74 on Tuesday. The business’s 50-day moving average price is $76.01 and its 200 day moving average price is $70.89. The stock has a market capitalization of $14.34 billion, a P/E ratio of 16.72, a P/E/G ratio of 1.78 and a beta of 1.30. Masco has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07.

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

Masco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s dividend payout ratio is 29.43%.

Institutional Trading of Masco

Institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust increased its stake in Masco by 36.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 770 shares of the construction company’s stock valued at $63,000 after buying an additional 204 shares during the period. HighTower Advisors LLC boosted its stake in shares of Masco by 1.2% during the 2nd quarter. HighTower Advisors LLC now owns 94,672 shares of the construction company’s stock valued at $7,703,000 after buying an additional 1,139 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Masco during the 2nd quarter valued at $49,765,000. California State Teachers Retirement System grew its holdings in shares of Masco by 6,291.8% during the 2nd quarter. California State Teachers Retirement System now owns 28,615,795 shares of the construction company’s stock valued at $2,328,467,000 after acquiring an additional 28,168,099 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in shares of Masco by 29.0% in the second quarter. Wedmont Private Capital now owns 6,138 shares of the construction company’s stock worth $478,000 after acquiring an additional 1,380 shares during the last quarter. 93.91% of the stock is currently owned by institutional investors and hedge funds.

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.