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Watsco Inc. - WSO STOCK NEWS

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

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 Watsco'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 Watsco's position in the market.

News
Watsco’s Earnings Call to Discuss First Quarter Results Scheduled on April 24, 2024
Rhea-AI Summary
Watsco, Inc. (WSO) will host a conference call to discuss its 2024 first quarter financial results on April 24, 2024. Investors and analysts can pre-register for the call to gain immediate access. The earnings results will be released before the market opens, followed by a webcast and a replay available on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
earnings
-
News
Watsco Boosts Annual Dividend 10% to $10.80 Per Share
Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) declares a quarterly cash dividend of $2.70 per share, showcasing confidence in the business prospects and strong balance sheet. With a history of 50 years of consecutive dividend payments, the company prioritizes sharing cash flow through dividends while ensuring a conservative balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
dividends
-
News
Watsco to Present at the J.P. Morgan 2024 Industrials Conference
Rhea-AI Summary
Watsco, Inc. (WSO) disclosed that Barry Logan, Executive VP, will speak at J.P. Morgan's 2024 Industrials Conference on March 12, 2024. The presentation will be webcasted live on Watsco's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
conferences
News
Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market Boosts Annual Dividend 10% to $10.80 Per Share
Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) reported strong financial results for Q4 and full year 2023, showcasing an entrepreneurial culture, transformational technologies, and a robust financial position. Despite softer market conditions in 2023, Watsco's performance remained solid, with a 1% sales growth in Q4, a record $299 million in operating cash flow, and a 10% annual dividend increase to $10.80 per share. The company's focus on innovation, technology, and efficiency, along with its 50th consecutive year of paying dividends, positions it well for future growth in the HVAC/R distribution market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.39%
Tags
dividends
-
News
Watsco Boosts Annual Dividend 10% to $10.80 Per Share
Rhea-AI Summary
Watsco, Inc. (NYSE:WSO) has approved a 10% increase in its annual dividend to $10.80 per share, reflecting the company's strong 2023 performance and confidence in its business prospects. With a history of 50 consecutive years of paying dividends, Watsco aims to share increasing cash flow through higher dividends while maintaining a strong balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.39%
Tags
dividends
-
News
Watsco to Host 2023 Earnings Call February 13, 2024
Rhea-AI Summary
Watsco, Inc. (WSO) will host a conference call to discuss its 2023 fourth quarter and annual financial results. The company operates the largest distribution network for HVAC/R products in the US, Canada, Mexico, and Puerto Rico, and has the potential to significantly contribute to climate change efforts. Estimates show that Watsco averted 19.2 million metric tons of CO2e emissions from 2020 to 2023 through the sale of replacement HVAC systems at higher efficiency standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
conferences earnings
News
Watsco Declares $2.45 Quarterly Dividend and Commemorates Paying Dividends for 50 Consecutive Years
Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) declares a regular quarterly cash dividend of $2.45 per share, marking their 50th consecutive year of paying dividends. Dividends have grown at a compounded annual growth rate of 21% since 1989. Chairman and CEO Albert H. Nahmad emphasizes the company's strong track record of growth and commitment to maintaining a conservative balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
dividends
-
News
Watsco to Present at the Stephens Annual Investment Conference on November 14, 2023
Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) to Present at Stephens Annual Investment Conference in Nashville, Tennessee
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
conferences
-
News
Watsco Reports Record-Breaking Third Quarter
Rhea-AI Summary
Watsco, Inc. announces record-breaking sales, operating income, net income, and EPS for the third quarter and nine-month period of 2023. The company also highlights improved productivity, efficiency, and a strong balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.86%
Tags
none
News
Watsco’s Earnings Call to Discuss Third Quarter Results Scheduled on October 19, 2023
Rhea-AI Summary
Watsco, Inc. to host conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
earnings
Stock WSO logo
Watsco Inc.

NYSE:WSO

WSO Rankings

#590 Ranked by Market Cap
#722 Ranked by Stock Gains
#1220 Ranked by Dividends

WSO Stock Data

16.54B
31.69M
0.75%
109.05%
9.77%
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
Wholesale Trade
Link
US
Coconut Grove

About WSO

watsco, inc. (nyse:wso) is the largest distributor of heating, air conditioning, and refrigeration (hvac/r) products with 507 locations in 36 states, puerto rico, latin america and the caribbean. founded more than 50 years ago as a manufacturer of parts and components for hvac/r equipment, watsco entered the distribution segment in 1989 and has become the industry leader with sales of $2.0 billion in 2009. watsco has 4,000 employees assisting over 50,000 contractors who, in turn, service, repair or replace hvac/r systems. watsco meets contractor’s needs by supplying the products required for the four major industry segments: air conditioners, furnaces and related parts (50%) air movement products, including ductwork and insulation (25%) controls, including thermostats and air treatment systems (15%) refrigeration products (10%)