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Masco Corp. - MAS STOCK NEWS

Welcome to our dedicated news page for Masco (Ticker: MAS), a resource for investors and traders seeking the latest updates and insights on Masco.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Masco's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Masco's position in the market.

News
Masco Corporation Reports First Quarter 2024 Results
Rhea-AI Summary
Masco , a leading manufacturer of home improvement and building products, reported its first quarter 2024 results. Net sales decreased by 3% to $1.926 billion, while operating profit increased by 1% to $318 million. Adjusted operating profit grew by 3% to $322 million. Earnings per share was $0.97, with adjusted earnings per share increasing by 8% to $0.93. The company repurchased 2.1 million shares worth $148 million and expects 2024 earnings per share between $4.00 and $4.25. Gross margin increased, operating profit margin improved, and net income rose compared to the previous year. Liquidity stood at $1.319 billion at the end of the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.48%
Tags
earnings
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News
Behr Paint Company Announces 2024 Exterior Stain Color of the Year, "Tugboat," Part of its New Curb Appeal Collection
Rhea-AI Summary
Behr Paint Company introduces Tugboat as the 2024 Exterior Stain Color of the Year, part of the new Curb Appeal Collection, aiming to simplify color selection for consumers and provide a timeless finish for outdoor projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
none
-
News
Masco Corporation Announces Date for Earnings Release and Conference Call for 2024 First Quarter
Rhea-AI Summary
Masco (NYSE: MAS) will host a conference call on April 24, 2024, to discuss its 2024 first quarter results. The call will be led by Masco's President and CEO, Keith Allman. Participants can join the call by dialing in or registering for the webcast. The company's diverse portfolio includes well-known brands like Behr, Delta, and Kichler.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
earnings
News
Masco Corporation Supports American Red Cross Disaster Relief Efforts with $250,000 Donation
Rhea-AI Summary
Masco pledges $250,000 to the American Red Cross Disaster Responder Program, aiding in disaster relief efforts across the U.S. The donation helps enhance Red Cross readiness and response capacity in the face of increasing disasters like wildfires, tornados, and hurricanes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
-
News
Masco Corporation to Participate in Live Webcast of Presentation at Investor Conference
Rhea-AI Summary
Masco Corporation (NYSE: MAS) CFO to present at Raymond James Conference. Masco is a global leader in home improvement products with a diverse brand portfolio. The webcast will be available until June 3, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
conferences
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News
Masco Corporation to Participate in Fireside Chat at Investor Conference
Rhea-AI Summary
Masco Corporation CEO to Participate in Fireside Chat at Barclays 41st Annual Industrial Select Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
conferences
News
Masco Corporation Reports Fourth Quarter and 2023 Year-End Results
Rhea-AI Summary
Masco Corporation (MAS) reported a 2% decrease in sales for the fourth quarter of 2023, with an operating profit of $247 million. Adjusted operating profit increased 16% to $272 million, and adjusted earnings per share grew 28% to $0.83 per share. The company anticipates 2024 earnings per share to be in the range of $4.00 – $4.25. Masco's Board declared a quarterly dividend of $0.29 per share, a 2% increase, payable on March 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
Tags
none
-
News
Masco Corporation Announces Date for Earnings Release and Conference Call for 2023 Fourth Quarter and Full Year
Rhea-AI Summary
Masco Corporation (MAS) to Hold Conference Call for 2023 Fourth Quarter and Full Year Results on February 8, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
earnings
-
News
Masco Corporation Reports Third Quarter 2023 Results
Rhea-AI Summary
Masco Corporation reports third quarter results, with operating profit of $383 million and adjusted earnings per share of $1.00 per share. The company raised its expected 2023 earnings per share to be in the range of $3.65 to $3.75 per share. Masco returned $109 million to shareholders through share repurchases and dividends, and completed the acquisition of Sauna360 Group Oy for €124 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.62%
Tags
earnings
News
Masco Corporation Announces Date for Earnings Release and Conference Call for 2023 Third Quarter
Rhea-AI Summary
Masco Corporation (NYSE: MAS) will hold a conference call regarding 2023 Q3 results on October 26, 2023 at 8:00 a.m. ET. The call will be webcasted and the results will be distributed at 7:00 a.m. ET. Masco is a global leader in home improvement and building products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
earnings
Stock MAS logo
Masco Corp.

NYSE:MAS

MAS Rankings

#615 Ranked by Market Cap
#1249 Ranked by Stock Gains
#1542 Ranked by Dividends

MAS Stock Data

16.22B
218.80M
0.31%
98.3%
2.04%
Wood Kitchen Cabinet and Countertop Manufacturing
Manufacturing
Link
US
Livonia

About MAS

masco corporation is one of the world's largest manufacturers of brand name products for the home improvement and new home construction markets. masco is also a leading provider of a variety of installed products and services, including insulation, for homebuilders. when it comes to our products and services, our reputation for quality, innovation, value, and performance is unparalleled. some of our major brands include delta, behr, kraftmaid, merillat, hansgrohe, milgard, and liberty. masco is also committed to providing high quality products that enhance the lives of consumers worldwide. our focus is on strengthening our leadership brands by delivering innovative, cost-effective and environmentally-friendly solutions for our customers.