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WSO

Watsco

$140.90

0.79 (0.56%)

07:31
10/03/16
10/03
07:31
10/03/16
07:31

Watsco boosts annual dividend 24% to $4.20 per share

Watsco announced that its Board of Directors has declared a regular quarterly cash dividend of $1.05 on each outstanding share of its Common and Class B common stock. This represents a 24% increase in the quarterly dividend rate versus a year ago. The cash dividend is payable on October 31, 2016 to shareholders of record at the close of business on October 17, 2016. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to be able to increase dividends to our shareholders. This latest increase reflects our confidence in the business and is supported by our continued positive cash flow and our strong balance sheet."

  • 17

    Nov

WSO Watsco
$140.90

0.79 (0.56%)

04/25/16
RHCO
04/25/16
DOWNGRADE
RHCO
Neutral
Watsco downgraded on valuation, longer term initiatives at SunTrust
As noted earlier, SunTrust downgraded Watsco to Neutral from Buy. As reasons for the downgrade, the firm cited valuation and its belief that the company's technology initiatives will take a significant amount of time to bear fruit. Target remains $136.
06/01/16
SUSQ
06/01/16
INITIATION
Target $154
SUSQ
Positive
Watsco initiated with a Positive at Susquehanna
Target $154.
07/25/16
GHSC
07/25/16
DOWNGRADE
Target $150
GHSC
Neutral
Watsco downgraded to Neutral from Accumulate at Seaport Global
Seaport Global analyst Walt Liptak downgraded Watsco to Neutral and lowered estimates following the disappointing Q2 report and a weakened 2016 outlook. The analyst maintained his $150 price target but does not expects Watsco to make up the Q2 sales deceleration in 2H 2016.
09/23/16
WBLR
09/23/16
NO CHANGE
WBLR
Outperform
Beacon Roofing selloff brings buying opportunity, says William Blair
William Blair analyst Ryan Merkel views the 9% pullback in shares of Beacon Roofing Supply (BECN) over the past two weeks as overdone. After speaking to management, the analyst attributes the stock weakness to fears of new construction peaking. Only about 10% of Beacon's sales are tied to new construction, however, with 90% tied to replacement, Merkel tells investors in a research note. He notes the company's close peers, Watsco (WSO) and Pool Corp. (POOL), have sold off far less. Merkel adds that his firm's roofing surveys indicate that fundamentals remain healthy and there has been no noticeable slowdown. He sees a good buying opportunity at current levels and keeps an Outperform rating on Beacon.

TODAY'S FREE FLY STORIES

TCO

Taubman Centers

$50.00

0.86 (1.75%)

05:14
09/26/17
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Taubman Centers rating change  »

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  • 10

    Oct

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    Oct

KIM

Kimco Realty

$19.58

0.4 (2.09%)

05:11
09/26/17
09/26
05:11
09/26/17
05:11
Upgrade
Kimco Realty rating change  »

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  • 26

    Oct

GGP

GGP

$20.75

0.25 (1.22%)

05:11
09/26/17
09/26
05:11
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05:11
Upgrade
GGP rating change  »

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MAC

Macerich

$54.16

1.44 (2.73%)

05:10
09/26/17
09/26
05:10
09/26/17
05:10
Upgrade
Macerich rating change  »

Macerich upgraded to…

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DY

Dycom

$81.23

-1.46 (-1.77%)

05:06
09/26/17
09/26
05:06
09/26/17
05:06
Initiation
Dycom initiated  »

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  • 26

    Sep

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    Sep

PNC

PNC Financial

$133.52

0.09 (0.07%)

, GS

Goldman Sachs

$230.26

-0.77 (-0.33%)

05:04
09/26/17
09/26
05:04
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05:04
Downgrade
PNC Financial, Goldman Sachs, Wells Fargo, Morgan Stanley, JPMorgan rating change  »

PNC Financial downgraded…

PNC

PNC Financial

$133.52

0.09 (0.07%)

GS

Goldman Sachs

$230.26

-0.77 (-0.33%)

WFC

Wells Fargo

$54.03

-0.22 (-0.41%)

MS

Morgan Stanley

$47.74

-0.48 (-1.00%)

JPM

JPMorgan

$94.12

-0.71 (-0.75%)

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JPM

JPMorgan

$94.12

-0.71 (-0.75%)

05:01
09/26/17
09/26
05:01
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05:01
Downgrade
JPMorgan rating change  »

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JWN

Nordstrom

$47.32

0.44 (0.94%)

04:55
09/26/17
09/26
04:55
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04:55
Conference/Events
Nordstrom management to meet with Wolfe Research »

Meeting to be held in…

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  • 26

    Sep

BMY

Bristol-Myers

$63.19

-0.17 (-0.27%)

04:55
09/26/17
09/26
04:55
09/26/17
04:55
Conference/Events
Bristol-Myers management to meet with Jefferies »

Meetings to be held in…

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  • 26

    Sep

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    Nov

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MCO

Moody's

$138.78

0.75 (0.54%)

04:55
09/26/17
09/26
04:55
09/26/17
04:55
Conference/Events
Moody's management to meet with Piper Jaffray »

Meetings to be held in…

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  • 26

    Sep

  • 26

    Sep

ALB

Albemarle

$128.89

-5.4 (-4.02%)

04:55
09/26/17
09/26
04:55
09/26/17
04:55
Conference/Events
Albemarle management to meet with Seaport Global »

Meeting to be held in…

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  • 26

    Sep

  • 27

    Sep

AFSI

AmTrust

$12.98

-0.3 (-2.26%)

04:55
09/26/17
09/26
04:55
09/26/17
04:55
Conference/Events
AmTrust management to meet with JMP Securities »

Meeting to be held in…

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  • 26

    Sep

DNOW

NOW Inc.

$13.26

0.27 (2.08%)

04:55
09/26/17
09/26
04:55
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04:55
Conference/Events
NOW Inc. management to meet with JPMorgan »

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  • 26

    Sep

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  • 01

    Nov

ALGT

Allegiant Travel

$133.95

3.85 (2.96%)

04:55
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Allegiant Travel management to meet with Sidoti »

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  • 26

    Sep

XPER

Xperi

$24.70

-0.35 (-1.40%)

04:55
09/26/17
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04:55
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04:55
Conference/Events
Xperi management to meet with Craig Hallum »

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  • 26

    Sep

04:55
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Consumer Confidence to be reported at 10:00 »

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OZRK

Bank of the Ozarks

$45.90

0.34 (0.75%)

04:55
09/26/17
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04:55
Conference/Events
Bank of the Ozarks management to meet with Piper Jaffray »

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  • 26

    Sep

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NEE

NextEra Energy

$146.82

0.46 (0.31%)

, AES

AES Corp.

$11.21

0.1 (0.90%)

04:55
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NEE

NextEra Energy

$146.82

0.46 (0.31%)

AES

AES Corp.

$11.21

0.1 (0.90%)

PEGI

Pattern Energy

$25.53

-0.37 (-1.43%)

LNT

Alliant Energy

$42.25

0.52 (1.25%)

AGR

Avangrid

$47.10

0.6 (1.29%)

PNW

Pinnacle West

$86.85

0.7 (0.81%)

ETR

Entergy

$77.76

1.01 (1.32%)

PEG

PSEG

$46.50

0.31 (0.67%)

AWK

American Water

$82.48

0.45 (0.55%)

CMS

CMS Energy

$47.10

0.63 (1.36%)

AEP

American Electric

$71.04

0.47 (0.67%)

D

Dominion

$78.02

0.98 (1.27%)

ED

Consolidated Edison

$82.24

0.65 (0.80%)

ES

Eversource

$61.47

0.76 (1.25%)

EIX

Edison International

$79.27

0.99 (1.26%)

DUK

Duke Energy

$85.14

0.89 (1.06%)

DTE

DTE Energy

$109.74

1.36 (1.25%)

FE

FirstEnergy

$31.11

0.22 (0.71%)

WEC

WEC Energy

$64.24

0.63 (0.99%)

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  • 26

    Sep

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  • 05

    Nov

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Pan Asia Corporate Forum…

BGG

Briggs & Stratton

$22.93

0.24 (1.06%)

04:55
09/26/17
09/26
04:55
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04:55
Conference/Events
Briggs & Stratton management to meet with Sidoti »

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  • 26

    Sep

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    Sep

PLUS

ePlus

$87.95

-0.65 (-0.73%)

04:55
09/26/17
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Conference/Events
ePlus management to meet with Sidoti »

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  • 26

    Sep

  • 27

    Sep

04:55
09/26/17
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General news
Breaking General news story  »

Federal Reserve Chair…

UBNT

Ubiquiti

$55.43

1.25 (2.31%)

04:55
09/26/17
09/26
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04:55
Conference/Events
Ubiquiti to hold a conference call »

Chairman, Founder &…

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  • 26

    Sep

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    Nov

ORA

Ormat Technologies

$57.57

-0.11 (-0.19%)

04:55
09/26/17
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Conference/Events
Ormat Technologies holds an analyst and investor day »

Analyst and Investor Day…

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  • 26

    Sep

TPRE

Third Point Reinsurance

$15.35

-0.2 (-1.29%)

, SAFM

Sanderson Farms

$160.94

-2.88 (-1.76%)

04:55
09/26/17
09/26
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04:55
Hot Stocks
Breaking Hot Stocks news story on Third Point Reinsurance, Sanderson Farms »

Third Point Reinsurance…

TPRE

Third Point Reinsurance

$15.35

-0.2 (-1.29%)

SAFM

Sanderson Farms

$160.94

-2.88 (-1.76%)

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