Williams Companies Inc Forecasted to Earn Q1 2017 Earnings of $0.14 Per Share (WMB)
Williams Companies Inc (NYSE:WMB) – Research analysts at US Capital Advisors issued their Q1 2017 earnings estimates for shares of Williams Companies in a research report issued on Wednesday. US Capital Advisors analyst B. Followill anticipates that the firm will earn $0.14 per share for the quarter. US Capital Advisors also issued estimates for Williams Companies’ Q2 2017 earnings at $0.13 EPS, Q3 2017 earnings at $0.13 EPS, Q4 2017 earnings at $0.12 EPS, FY2017 earnings at $0.52 EPS, Q1 2018 earnings at $0.17 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.19 EPS and FY2018 earnings at $0.70 EPS.
Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, February 15th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.01. Williams Companies had a negative net margin of 15.19% and a positive return on equity of 2.16%.
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Several other equities research analysts have also recently commented on WMB. Royal Bank of Canada reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Williams Companies in a research report on Wednesday, January 4th. Credit Suisse Group AG started coverage on shares of Williams Companies in a research report on Thursday, January 26th. They issued an “outperform” rating and a $33.00 price objective on the stock. Goldman Sachs Group Inc raised shares of Williams Companies from a “buy” rating to a “conviction-buy” rating in a research report on Wednesday, March 1st. Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and set a $35.00 price objective on the stock in a research report on Monday, December 19th. Finally, Zacks Investment Research cut shares of Williams Companies from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. Williams Companies currently has a consensus rating of “Buy” and a consensus price target of $30.65.
Shares of Williams Companies (NYSE:WMB) opened at 28.74 on Monday. The firm’s market capitalization is $23.73 billion. Williams Companies has a 12 month low of $14.60 and a 12 month high of $32.69. The stock has a 50 day moving average price of $28.66 and a 200 day moving average price of $29.64.
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 27th. Shareholders of record on Friday, March 10th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, March 8th. This is a boost from Williams Companies’s previous quarterly dividend of $0.20. This represents a $1.20 annualized dividend and a yield of 4.18%. Williams Companies’s payout ratio is -53.69%.
Large investors have recently modified their holdings of the company. Duff & Phelps Investment Management Co. boosted its stake in shares of Williams Companies by 350.8% in the third quarter. Duff & Phelps Investment Management Co. now owns 804,869 shares of the company’s stock valued at $24,734,000 after buying an additional 626,325 shares during the period. Cohen Capital Management Inc. boosted its stake in shares of Williams Companies by 4.5% in the third quarter. Cohen Capital Management Inc. now owns 72,650 shares of the company’s stock valued at $2,233,000 after buying an additional 3,150 shares during the period. Viking Fund Management LLC boosted its stake in shares of Williams Companies by 246.7% in the third quarter. Viking Fund Management LLC now owns 260,000 shares of the company’s stock valued at $7,990,000 after buying an additional 185,000 shares during the period. MSI Financial Services Inc boosted its stake in shares of Williams Companies by 54.0% in the third quarter. MSI Financial Services Inc now owns 8,679 shares of the company’s stock valued at $267,000 after buying an additional 3,045 shares during the period. Finally, Patten & Patten Inc. TN acquired a new stake in shares of Williams Companies during the third quarter valued at approximately $258,000. 80.63% of the stock is currently owned by hedge funds and other institutional investors.
Williams Companies Company Profile
The Williams Companies, Inc is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The Company’s segments include Williams Partners, Williams NGL & Petchem Services, and Other. Its Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.
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