The Williams Companies (NYSE:WMB) Releases Quarterly Earnings Results

The Williams Companies (NYSE:WMB) released its quarterly earnings results on Sunday. The pipeline company reported $0.31 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.31, MarketWatch Earnings reports. The Williams Companies had a return on equity of 7.77% and a net margin of 1.86%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter last year, the firm posted $0.24 earnings per share. The Williams Companies’s revenue was down 3.6% compared to the same quarter last year.

NYSE:WMB opened at $22.91 on Tuesday. The Williams Companies has a 12-month low of $8.41 and a 12-month high of $23.30. The firm has a market capitalization of $27.80 billion, a price-to-earnings ratio of 208.29, a P/E/G ratio of 3.71 and a beta of 1.72. The stock’s 50 day moving average price is $21.98 and its two-hundred day moving average price is $20.89. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 1.48.

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 29th. Investors of record on Friday, March 12th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $1.64 dividend on an annualized basis and a yield of 7.16%. This is a boost from The Williams Companies’s previous quarterly dividend of $0.40. The Williams Companies’s dividend payout ratio (DPR) is presently 161.62%.

WMB has been the topic of several research analyst reports. Credit Suisse Group upgraded shares of The Williams Companies from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $22.00 to $27.00 in a report on Thursday, December 17th. Mizuho raised their price objective on shares of The Williams Companies from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Wednesday, January 20th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell initiated coverage on shares of The Williams Companies in a research note on Thursday, December 3rd. They issued an “outperform” rating and a $25.00 target price for the company. Morgan Stanley downgraded The Williams Companies from an “overweight” rating to an “equal weight” rating in a research note on Friday, December 11th. Finally, Smith Barney Citigroup started coverage on The Williams Companies in a research report on Thursday, December 3rd. They set an “outperform” rating and a $25.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The Williams Companies currently has a consensus rating of “Buy” and a consensus target price of $23.71.

The 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 Atlantic-Gulf, Northeast G&P, and West segments. The Atlantic-Gulf segment comprises Transco, an interstate natural gas pipeline; and natural gas gathering and processing, and crude oil production handling and transportation assets.

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Earnings History for The Williams Companies (NYSE:WMB)

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