Williams Companies (NYSE:WMB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.850-2.100 for the period, compared to the consensus EPS estimate of 2.130. The company issued revenue guidance of -. Williams Companies also updated its FY 2024 guidance to 1.830-1.930 EPS.
Analyst Ratings Changes
WMB has been the subject of several recent research reports. Royal Bank of Canada boosted their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Seaport Res Ptn lowered Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Mizuho increased their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. CIBC increased their price objective on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Bank of America started coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 target price on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $50.38.
Get Our Latest Stock Analysis on WMB
Williams Companies Price Performance
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.90%. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the prior year, the company posted $0.45 EPS. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. Analysts expect that Williams Companies will post 1.91 EPS for the current fiscal year.
Williams Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.37%. Williams Companies’s payout ratio is 80.17%.
Insider Activity at Williams Companies
In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the transaction, the senior vice president now directly owns 304,200 shares of the company’s stock, valued at approximately $13,777,218. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.44% of the company’s stock.
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.
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