News articles about Masco Corporation (NYSE:MAS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Masco Corporation earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 47.4836062230307 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- High Performance Coating: In-Depth Analysis of Global Market , Forecasts, Applications, Shares & Insights (empowerednews.net)
- Masco About To Put More Money In Your Pocket (MAS) (nasdaq.com)
- $0.53 Earnings Per Share Expected for Masco Corporation (MAS) This Quarter (americanbankingnews.com)
- Performance Coating Market Is Expected to Proliferate at a CAGR of 5.2% Between 2017 and 2022 (sbwire.com)
- Breakfast Technical Briefing on General Building Materials Stocks — Masco … (prnewswire.com)
Several analysts recently commented on MAS shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $43.00 price target on shares of Masco Corporation in a research note on Tuesday, July 18th. Longbow Research reissued a “buy” rating and issued a $42.00 price objective on shares of Masco Corporation in a research note on Tuesday, July 4th. Zacks Investment Research raised Masco Corporation from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research note on Friday, July 21st. Jefferies Group LLC reissued a “buy” rating and issued a $45.00 price objective on shares of Masco Corporation in a research note on Wednesday, July 19th. Finally, MKM Partners reissued a “buy” rating and issued a $44.00 price objective (up previously from $43.00) on shares of Masco Corporation in a research note on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $40.92.
Masco Corporation (NYSE MAS) opened at 38.75 on Wednesday. Masco Corporation has a 1-year low of $29.38 and a 1-year high of $39.62. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 23.96 and a beta of 1.54. The firm has a 50-day moving average price of $37.72 and a 200-day moving average price of $37.12.
Masco Corporation (NYSE:MAS) last issued its earnings results on Thursday, July 27th. The construction company reported $0.60 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.60. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.07 billion. Masco Corporation had a return on equity of 20,509.09% and a net margin of 7.09%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 EPS. On average, analysts expect that Masco Corporation will post $1.97 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Shareholders of record on Friday, October 13th will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, October 12th. This is an increase from Masco Corporation’s previous quarterly dividend of $0.10. Masco Corporation’s dividend payout ratio (DPR) is currently 24.69%.
In other Masco Corporation news, insider Richard A. O’reagan sold 19,498 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $38.18, for a total value of $744,433.64. Following the sale, the insider now owns 91,154 shares of the company’s stock, valued at approximately $3,480,259.72. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Joseph B. Gross sold 2,337 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $37.53, for a total value of $87,707.61. Following the completion of the sale, the insider now directly owns 56,935 shares in the company, valued at approximately $2,136,770.55. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,101 shares of company stock worth $916,799. Company insiders own 1.30% of the company’s stock.
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About Masco Corporation
Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.
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