Williams Companies (WMB) Scheduled to Post Quarterly Earnings on Monday

Williams Companies (NYSE:WMB) is scheduled to post its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Williams Companies to post 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 earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm 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 Stock Up 0.3 %

Shares of NYSE WMB opened at $38.67 on Friday. The stock has a market capitalization of $47.12 billion, a P/E ratio of 14.76, a PEG ratio of 5.95 and a beta of 1.05. Williams Companies has a one year low of $28.27 and a one year high of $39.76. The firm’s 50 day simple moving average is $37.77 and its two-hundred day simple moving average is $35.98. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Friday, June 7th will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.91%. The ex-dividend date is Friday, June 7th. Williams Companies’s dividend payout ratio is presently 72.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WMB shares. Barclays boosted their target price on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. UBS Group raised their target price 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. Wolfe Research reiterated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a report on Thursday, April 18th. Truist Financial raised their price target on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, March 25th. Finally, US Capital Advisors downgraded shares of Williams Companies from an “overweight” rating to a “hold” rating in a research note on Monday, April 29th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price 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.