Wall Street brokerages expect The Williams Companies, Inc. (NYSE:WMB – Get Rating) to report sales of $3.19 billion for the current quarter, Zacks reports. Two analysts have made estimates for Williams Companies’ earnings, with the highest sales estimate coming in at $3.37 billion and the lowest estimate coming in at $3.00 billion. Williams Companies reported sales of $2.61 billion in the same quarter last year, which indicates a positive year over year growth rate of 22.2%. The company is scheduled to announce its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that Williams Companies will report full-year sales of $12.00 billion for the current fiscal year, with estimates ranging from $11.15 billion to $13.35 billion. For the next fiscal year, analysts expect that the company will report sales of $11.98 billion, with estimates ranging from $10.46 billion to $13.54 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Williams Companies.
Williams Companies (NYSE:WMB – Get Rating) last announced its quarterly earnings data on Monday, February 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.08. The company had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Williams Companies had a net margin of 14.27% and a return on equity of 11.60%. During the same quarter in the prior year, the company earned $0.31 EPS.
In other Williams Companies news, SVP Scott A. Hallam sold 15,607 shares of the firm’s stock in a transaction on Wednesday, April 6th. The shares were sold at an average price of $33.30, for a total transaction of $519,713.10. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Scott A. Hallam sold 12,838 shares of the firm’s stock in a transaction on Tuesday, March 8th. The stock was sold at an average price of $33.86, for a total transaction of $434,694.68. The disclosure for this sale can be found here. Insiders sold a total of 304,200 shares of company stock worth $9,437,992 over the last ninety days. Insiders own 0.43% of the company’s stock.
A number of institutional investors have recently modified their holdings of WMB. Andrew Hill Investment Advisors Inc. acquired a new stake in shares of Williams Companies in the 4th quarter worth $26,000. American National Bank lifted its stake in shares of Williams Companies by 63.6% in the 1st quarter. American National Bank now owns 908 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 353 shares during the period. CVA Family Office LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth $33,000. Exchange Traded Concepts LLC lifted its stake in shares of Williams Companies by 47.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,367 shares of the pipeline company’s stock worth $36,000 after acquiring an additional 443 shares during the period. Finally, D Orazio & Associates Inc. acquired a new stake in shares of Williams Companies in the 3rd quarter worth $41,000. 85.55% of the stock is currently owned by institutional investors.
NYSE:WMB traded up $0.77 on Friday, hitting $34.42. The stock had a trading volume of 7,596,728 shares, compared to its average volume of 8,095,395. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 1.54. The stock has a market cap of $41.84 billion, a price-to-earnings ratio of 27.76, a PEG ratio of 7.01 and a beta of 1.27. The company has a fifty day moving average price of $31.73 and a two-hundred day moving average price of $29.15. Williams Companies has a 1-year low of $23.21 and a 1-year high of $34.52.
The business also recently announced a quarterly dividend, which was paid on Monday, March 28th. Investors of record on Friday, March 11th were given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.94%. This is an increase from Williams Companies’s previous quarterly dividend of $0.41. The ex-dividend date was Thursday, March 10th. Williams Companies’s dividend payout ratio (DPR) is 137.10%.
Williams Companies Company Profile (Get Rating)
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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.
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