Williams Companies (NYSE:WMB) Issues FY 2025 Earnings Guidance
by Michael Walen · The Markets DailyWilliams Companies (NYSE:WMB – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.850-2.100 for the period, compared to the consensus earnings per share estimate of 2.130. The company issued revenue guidance of -. Williams Companies also updated its FY 2024 guidance to 1.830-1.930 EPS.
Williams Companies Stock Up 1.6 %
Shares of NYSE WMB traded up $0.87 during mid-day trading on Friday, reaching $56.31. The company had a trading volume of 7,120,229 shares, compared to its average volume of 6,255,060. Williams Companies has a 52-week low of $32.65 and a 52-week high of $56.80. The company has a current ratio of 0.45, a quick ratio of 0.39 and a debt-to-equity ratio of 1.64. The stock has a market cap of $68.63 billion, a P/E ratio of 23.76, a PEG ratio of 6.19 and a beta of 1.03. The firm has a 50 day simple moving average of $48.81 and a two-hundred day simple moving average of $44.34.
Williams Companies (NYSE:WMB – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.90%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.45 earnings per share. Sell-side analysts predict that Williams Companies will post 1.91 earnings per share for the current year.
Williams Companies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be given a dividend of $0.475 per share. The ex-dividend date 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 currently 80.17%.
Analyst Ratings Changes
Several equities analysts have recently commented on WMB shares. Citigroup upped their price target on shares of Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. StockNews.com lowered Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Barclays increased their price target on Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Mizuho increased their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada 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 Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Williams Companies presently has an average rating of “Hold” and a consensus target price of $50.38.
Get Our Latest Stock Report on WMB
Insider Activity at Williams Companies
In related news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now owns 304,200 shares in the company, valued at $13,777,218. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.44% of the company’s stock.
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.
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