Williams Companies (WMB) Set to Announce Earnings on Monday

Williams Companies (NYSE:WMB) is set to release its earnings data after the market closes on Monday, May 6th. Analysts expect Williams Companies to post earnings of $0.49 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same period last year, the business earned $0.53 EPS. 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 Price Performance

NYSE:WMB opened at $39.26 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.57. The stock’s 50 day moving average price is $37.45 and its two-hundred day moving average price is $35.90. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of 14.98, a P/E/G ratio of 6.14 and a beta of 1.05. Williams Companies has a 12-month low of $28.27 and a 12-month high of $39.76.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.84%. Williams Companies’s dividend payout ratio is 72.52%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WMB. UBS Group increased their target price on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Wolfe Research reiterated an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a research note on Thursday, April 18th. Truist Financial increased their target price on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Finally, Barclays increased their target price on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $39.22.

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.