Williams Companies (WMB) Expected to Announce Earnings on Wednesday

Williams Companies (NYSE:WMB) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Williams Companies to post earnings of $0.47 per share and revenue of $2.68 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Williams Companies Stock Performance

NYSE WMB opened at $56.11 on Tuesday. The company has a fifty day moving average of $55.91 and a two-hundred day moving average of $51.30. The company has a market capitalization of $68.40 billion, a PE ratio of 23.68, a P/E/G ratio of 5.06 and a beta of 1.04. Williams Companies has a 1 year low of $32.65 and a 1 year high of $61.46. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a yield of 3.56%. Williams Companies’s payout ratio is 80.17%.

Analysts Set New Price Targets

WMB has been the topic of a number of research reports. CIBC raised their target price on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Mizuho lifted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Truist Financial increased their target price on shares of Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research note on Tuesday, December 3rd. 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 report on Wednesday, October 16th. Finally, Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $53.00.

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.