Williams Companies Inc Reaches New 12-Month High at $39.95 (WMB)
Williams Companies (NYSE:WMB)’s share price reached a new 52-week high during trading hours on Tuesday, Analyst Ratings Net reports. The company traded as high as $39.95 and last traded at $39.79, with a volume of 4,340,260 shares traded. The stock had previously closed at $38.88.
A number of research firms have recently commented on WMB. Analysts at Credit Suisse initiated coverage on shares of Williams Companies in a research note to investors on Tuesday, January 7th. They set an “outperform” rating and a $48.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Williams Companies in a research note to investors on Tuesday, December 24th. They now have a $39.00 price target on the stock. Finally, analysts at Maxim Group initiated coverage on shares of Williams Companies in a research note to investors on Wednesday, November 13th. They set a “buy” rating and a $42.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $41.56.
Williams Companies has a 52-week low of $31.25 and a 52-week high of $39.86. The stock’s 50-day moving average is $37.83 and its 200-day moving average is $36.07. The company has a market cap of $27.198 billion and a P/E ratio of 44.95.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of 0.4025 per share. This represents a $1.61 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date of this dividend is Wednesday, March 12th. This is an increase from Williams Companies’s previous quarterly dividend of $0.38.
The Williams Companies, Inc (NYSE:WMB) is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.