Analysts predict that Williams Companies Inc (NYSE:WMB) will report $2.42 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Williams Companies’ earnings, with the lowest sales estimate coming in at $2.31 billion and the highest estimate coming in at $2.52 billion. Williams Companies reported sales of $2.09 billion during the same quarter last year, which indicates a positive year over year growth rate of 15.8%. The firm is expected to announce its next earnings results after the market closes on Wednesday, May 1st.
On average, analysts expect that Williams Companies will report full year sales of $9.82 billion for the current fiscal year, with estimates ranging from $9.42 billion to $10.27 billion. For the next year, analysts anticipate that the business will report sales of $10.44 billion, with estimates ranging from $10.31 billion to $10.51 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow 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 company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.53 billion. During the same period in the prior year, the firm posted $0.36 earnings per share.
Shares of Williams Companies stock traded down $0.07 on Friday, reaching $28.32. 5,994,901 shares of the company were exchanged, compared to its average volume of 7,614,639. Williams Companies has a 1-year low of $20.36 and a 1-year high of $32.22. The company has a market cap of $34.40 billion, a PE ratio of 35.85, a P/E/G ratio of 4.46 and a beta of 1.73. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.81.
The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 5.37%. This is an increase from Williams Companies’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 7th. Williams Companies’s dividend payout ratio is 192.41%.
In other news, Director Kathleen B. Cooper sold 9,615 shares of the stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $27.39, for a total value of $263,354.85. Following the completion of the sale, the director now directly owns 32,272 shares of the company’s stock, valued at $883,930.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Walter J. Bennett sold 14,859 shares of the stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $27.13, for a total value of $403,124.67. Following the completion of the sale, the insider now directly owns 116,881 shares of the company’s stock, valued at $3,170,981.53. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.
Several hedge funds have recently bought and sold shares of WMB. JNBA Financial Advisors boosted its holdings in shares of Williams Companies by 68.6% in the fourth quarter. JNBA Financial Advisors now owns 1,180 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 480 shares during the period. Claybrook Capital LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $26,000. JOYN Advisors Inc. boosted its holdings in shares of Williams Companies by 57.9% in the fourth quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 463 shares during the period. Oakworth Capital Inc. boosted its holdings in shares of Williams Companies by 381.7% in the fourth quarter. Oakworth Capital Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 1,000 shares during the period. Finally, Liberty Wealth Management LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $29,000. 90.22% of the stock is owned by institutional investors and hedge funds.
About Williams Companies
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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