Williams Companies (WMB) Projected to Post Quarterly Earnings on Wednesday

Williams Companies (NYSE:WMB) is expected to release its earnings data after the market closes on Wednesday, February 12th. Analysts expect Williams Companies to post earnings of $0.47 per share and revenue of $2.70 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the company posted $0.45 EPS. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, analysts expect Williams Companies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Williams Companies Trading Down 0.8 %

Shares of WMB opened at $55.73 on Wednesday. Williams Companies has a 1 year low of $32.65 and a 1 year high of $61.46. The company has a 50 day simple moving average of $56.08 and a two-hundred day simple moving average of $50.95. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The firm has a market cap of $67.94 billion, a P/E ratio of 23.52, a price-to-earnings-growth ratio of 5.01 and a beta of 1.05.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.59%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Truist Financial increased their price objective on shares of Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, December 3rd. The Goldman Sachs Group lifted their price objective on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Royal Bank of Canada increased their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Scotiabank reissued a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a report on Friday, January 10th. Finally, UBS Group upped their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Williams Companies presently has an average rating of “Hold” and a consensus price target of $53.00.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the transaction, the chief accounting officer now directly owns 25,858 shares in the company, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.44% of the company’s stock.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.