Williams Companies (WMB) Set to Announce Quarterly Earnings on Monday

Williams Companies (NYSE:WMB) is set 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. Persons interested in listening to the company’s earnings 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 earnings per share for the quarter, beating the consensus estimate 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 quarter in the previous year, the firm posted $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 Performance

Shares of WMB stock opened at $38.67 on Friday. Williams Companies has a fifty-two week low of $28.27 and a fifty-two week high of $39.76. The stock’s 50-day moving average is $37.85 and its two-hundred day moving average is $36.00. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The firm has a market cap of $47.12 billion, a P/E ratio of 14.76, a PEG ratio of 6.05 and a beta of 1.05.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a yield of 4.91%. Williams Companies’s dividend payout ratio is currently 72.52%.

Analysts Set New Price Targets

Several analysts have commented on WMB shares. UBS Group boosted their target price on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. Barclays upped their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. Truist Financial raised their target price on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. US Capital Advisors downgraded Williams Companies from an “overweight” rating to a “hold” rating in a research note on Monday, April 29th. Finally, Wolfe Research reissued an “underperform” rating and issued a $34.00 price objective on shares of Williams Companies in a research note on Thursday, April 18th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.