Masco Corporation (NYSE:MAS – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $83.50 and last traded at $83.4020, with a volume of 206269 shares. The stock had previously closed at $81.16.
Masco News Summary
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Masco reported second-quarter EPS of $1.64, above the $1.32 analyst consensus and up from $1.30 a year earlier. Operating profit increased 14% to $470 million, while the operating margin improved to 23.6%. Masco earnings report
- Positive Sentiment: The company raised its 2026 adjusted EPS outlook to $4.40-$4.60, above the prior $4.10-$4.30 range and the roughly $4.27 analyst consensus. The outlook benefited in part from an estimated $85 million net tariff-refund benefit. Masco raises 2026 EPS outlook
- Neutral Sentiment: Masco returned $454 million to shareholders through dividends and share repurchases, supporting per-share results and shareholder returns. Masco Q2 results
- Negative Sentiment: Revenue declined 2.9% year over year to $1.99 billion, missing the $2.08 billion consensus estimate. Investors focused on weaker North American volumes and continued softness in housing and home-improvement demand. Masco Q2 earnings beat and sales miss
- Negative Sentiment: The earnings beat was substantially aided by tariff refunds, raising concerns about how much of the margin improvement is sustainable once that benefit fades. The sharp move occurred on unusually heavy trading volume, suggesting investors viewed the sales miss and demand commentary as more important than the guidance increase.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Evercore upgraded Masco from an “in-line” rating to an “outperform” rating and set a $78.00 target price for the company in a report on Monday, April 13th. Zacks Research upgraded Masco from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. UBS Group upped their price objective on shares of Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Robert W. Baird increased their target price on shares of Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Finally, Truist Financial raised their target price on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $80.67.
Masco Stock Down 10.9%
The business has a 50 day moving average of $75.19 and a two-hundred day moving average of $70.33. The stock has a market capitalization of $14.67 billion, a PE ratio of 18.05, a PEG ratio of 2.01 and a beta of 1.29. 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 – Get Free Report) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts predict that Masco Corporation will post 4.25 EPS for the current year.
Masco Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, May 22nd. Masco’s dividend payout ratio is currently 31.76%.
Masco announced that its board has authorized a share buyback program on Thursday, May 7th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the construction company to buy up to 2.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.
Institutional Trading of Masco
Large investors have recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of Masco in the fourth quarter worth $194,818,000. Wellington Management Group LLP acquired a new stake in Masco during the 3rd quarter worth about $192,948,000. Jacobs Levy Equity Management Inc. grew its stake in Masco by 443.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,330,523 shares of the construction company’s stock valued at $164,046,000 after purchasing an additional 1,901,815 shares during the last quarter. Barclays PLC increased its holdings in shares of Masco by 234.5% in the fourth quarter. Barclays PLC now owns 1,624,841 shares of the construction company’s stock valued at $103,112,000 after purchasing an additional 1,139,098 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Masco by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after purchasing an additional 977,684 shares during the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.
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.
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