Equities research analysts predict that Williams Companies Inc (NYSE:WMB) will report $0.24 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Williams Companies’ earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.25. Williams Companies posted earnings per share of $0.19 during the same quarter last year, which indicates a positive year over year growth rate of 26.3%. The business is expected to issue its next earnings results after the market closes on Wednesday, May 1st.
On average, analysts expect that Williams Companies will report full year earnings of $0.98 per share for the current financial year, with EPS estimates ranging from $0.94 to $1.01. For the next financial year, analysts anticipate that the company will post earnings of $1.08 per share, with EPS estimates ranging from $1.01 to $1.17. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover Williams Companies.
Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 13th. The pipeline company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.03). Williams Companies had a positive return on equity of 4.83% and a negative net margin of 1.78%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter in the prior year, the business posted $0.36 EPS.
Shares of WMB stock traded down $0.07 during mid-day trading on Thursday, reaching $28.32. The stock had a trading volume of 5,994,901 shares, compared to its average volume of 7,614,639. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. Williams Companies has a one year low of $20.36 and a one year high of $32.22. The company has a market capitalization of $34.40 billion, a P/E ratio of 35.85, a P/E/G ratio of 4.46 and a beta of 1.73.
The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend was Thursday, March 7th. This is an increase from Williams Companies’s previous quarterly dividend of $0.34. Williams Companies’s dividend payout ratio (DPR) is 192.41%.
In related news, Director Kathleen B. Cooper sold 9,615 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $27.39, for a total transaction of $263,354.85. Following the completion of the transaction, the director now owns 32,272 shares in the company, valued at approximately $883,930.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Walter J. Bennett sold 14,859 shares of the firm’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $27.13, for a total value of $403,124.67. Following the transaction, the insider now owns 116,881 shares of the company’s stock, valued at approximately $3,170,981.53. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. Nicholas Company Inc. increased its holdings in Williams Companies by 0.3% during the 4th quarter. Nicholas Company Inc. now owns 146,219 shares of the pipeline company’s stock valued at $3,224,000 after purchasing an additional 390 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in Williams Companies by 0.6% during the 1st quarter. Louisiana State Employees Retirement System now owns 63,900 shares of the pipeline company’s stock valued at $1,835,000 after purchasing an additional 400 shares in the last quarter. Sun Life Financial INC increased its holdings in Williams Companies by 0.9% during the 4th quarter. Sun Life Financial INC now owns 53,947 shares of the pipeline company’s stock valued at $1,190,000 after purchasing an additional 462 shares in the last quarter. JOYN Advisors Inc. increased its holdings in Williams Companies by 57.9% during the 4th quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after purchasing an additional 463 shares in the last quarter. Finally, Destination Wealth Management increased its stake in shares of Williams Companies by 14.2% in the 4th quarter. Destination Wealth Management now owns 3,779 shares of the pipeline company’s stock valued at $83,000 after buying an additional 469 shares during the period. 90.22% of the stock is owned by hedge funds and other institutional investors.
Williams Companies Company Profile
The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.
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