Watsco (NYSE:WSO.B) Hits New 1-Year High at $491.90

Watsco Inc (NYSE:WSO.B)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $491.90 and last traded at $491.77, with a volume of 1204 shares trading hands. The stock had previously closed at $485.00.

Watsco Stock Up 1.4 %

The firm’s 50 day simple moving average is $473.75 and its 200 day simple moving average is $448.92. The company has a quick ratio of 1.55, a current ratio of 3.21 and a debt-to-equity ratio of 0.01. The company has a market cap of $19.84 billion, a price-to-earnings ratio of 37.31 and a beta of 0.58.

Watsco (NYSE:WSO.B) last released its quarterly earnings data on Tuesday, July 30th. The construction company reported $4.49 earnings per share for the quarter. Watsco had a return on equity of 18.55% and a net margin of 7.02%. The business had revenue of $2.14 billion during the quarter.

Watsco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th were paid a $2.70 dividend. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Tuesday, July 16th. Watsco’s dividend payout ratio (DPR) is presently 83.08%.

Watsco Company Profile

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.