Williams Companies (WMB) Scheduled to Post Earnings on Monday

Williams Companies (NYSE:WMB) is scheduled to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter in the previous year, the company posted $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 Trading Up 0.3 %

Shares of WMB opened at $38.67 on Friday. The company has a market capitalization of $47.12 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 5.95 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. Williams Companies has a fifty-two week low of $28.27 and a fifty-two week high of $39.76. The stock has a fifty day moving average of $37.77 and a two-hundred day moving average of $35.98.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend is Friday, June 7th. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. US Capital Advisors cut Williams Companies from an “overweight” rating to a “hold” rating in a research note on Monday, April 29th. Wolfe Research reiterated an “underperform” rating and issued a $34.00 target price on shares of Williams Companies in a research note on Thursday, April 18th. Barclays lifted their price target on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. UBS Group upped their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Finally, Truist Financial lifted their target price on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, March 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $39.22.

About Williams Companies

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.