Q1 2018 Earnings Forecast for Williams Companies Inc Issued By Jefferies Group (WMB)
Williams Companies Inc (NYSE:WMB) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings per share estimates for shares of Williams Companies in a research report issued on Wednesday. Jefferies Group analyst C. Sighinolfi anticipates that the pipeline company will post earnings per share of $0.25 for the quarter. Jefferies Group also issued estimates for Williams Companies’ FY2020 earnings at $1.41 EPS and FY2021 earnings at $1.47 EPS.
Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period last year, the business posted $0.20 earnings per share. The firm’s quarterly revenue was down .7% on a year-over-year basis.
Williams Companies (WMB) traded down $0.01 during trading on Thursday, hitting $30.05. 7,750,900 shares of the company’s stock were exchanged, compared to its average volume of 6,420,604. Williams Companies has a 12-month low of $26.82 and a 12-month high of $32.69. The company has a market capitalization of $24,852.00, a price-to-earnings ratio of 50.95, a price-to-earnings-growth ratio of 3.33 and a beta of 1.37. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.97 and a quick ratio of 0.91.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Thursday, December 7th. Williams Companies’s dividend payout ratio is 210.53%.
In other Williams Companies news, CEO Alan S. Armstrong bought 6,000 shares of Williams Companies stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average price of $27.23 per share, for a total transaction of $163,380.00. Following the completion of the purchase, the chief executive officer now directly owns 345,527 shares of the company’s stock, valued at $9,408,700.21. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Ted T. Timmermans sold 1,500 shares of Williams Companies stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $28.75, for a total transaction of $43,125.00. Following the completion of the transaction, the vice president now owns 9,594 shares of the company’s stock, valued at approximately $275,827.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 283,501 shares of company stock worth $8,590,124. Insiders own 0.53% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC grew its stake in Williams Companies by 1.8% during the second quarter. FMR LLC now owns 75,368,938 shares of the pipeline company’s stock valued at $2,282,171,000 after acquiring an additional 1,347,813 shares in the last quarter. BlackRock Inc. grew its stake in Williams Companies by 9.9% during the second quarter. BlackRock Inc. now owns 64,872,653 shares of the pipeline company’s stock valued at $1,964,347,000 after acquiring an additional 5,850,607 shares in the last quarter. Vanguard Group Inc. grew its stake in Williams Companies by 4.4% during the second quarter. Vanguard Group Inc. now owns 64,062,726 shares of the pipeline company’s stock valued at $1,939,819,000 after acquiring an additional 2,671,905 shares in the last quarter. State Street Corp grew its stake in Williams Companies by 0.4% during the second quarter. State Street Corp now owns 42,452,276 shares of the pipeline company’s stock valued at $1,285,450,000 after acquiring an additional 162,568 shares in the last quarter. Finally, Tortoise Capital Advisors L.L.C. grew its stake in Williams Companies by 0.5% during the third quarter. Tortoise Capital Advisors L.L.C. now owns 15,290,873 shares of the pipeline company’s stock valued at $458,879,000 after acquiring an additional 78,109 shares in the last quarter. Hedge funds and other institutional investors own 84.77% of the company’s stock.
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About Williams Companies
The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.
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