Masco (NYSE:MAS) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Masco (NYSE:MAS) announced its quarterly earnings results on Tuesday. The construction company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01, Zacks reports. Masco had a net margin of 10.54% and a return on equity of 615.54%. During the same quarter last year, the firm posted $0.83 earnings per share. Masco updated its FY 2025 guidance to 4.200-4.450 EPS.

Masco Stock Down 2.5 %

Masco stock opened at $76.71 on Thursday. The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 20.40, a P/E/G ratio of 2.09 and a beta of 1.25. The firm has a 50 day simple moving average of $76.53 and a 200 day simple moving average of $78.70. Masco has a 1-year low of $63.81 and a 1-year high of $86.70. The company has a current ratio of 1.83, a quick ratio of 1.21 and a debt-to-equity ratio of 20.74.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 21st will be paid a dividend of $0.31 per share. This is a boost from Masco’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, February 21st. Masco’s dividend payout ratio is presently 30.85%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their target price on shares of Masco from $94.00 to $91.00 and set a “buy” rating on the stock in a report on Wednesday. Oppenheimer upgraded Masco from a “market perform” rating to an “outperform” rating and set a $89.00 target price on the stock in a report on Friday, January 10th. Evercore ISI upped their price target on Masco from $78.00 to $82.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Loop Capital raised their price objective on Masco from $76.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. Finally, StockNews.com downgraded shares of Masco from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Nine research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $85.58.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.