WGL Holdings Company Profile (NYSE:WGL)

About WGL Holdings

WGL Holdings logoWGL Holdings, Inc. (WGL) is a holding company. The Company operates through four segments. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company and Hampshire Gas Company, which provides regulated interstate natural gas storage services. The Retail Energy-Marketing segment consists of the operations of WGL Energy Services, Inc., which sells natural gas and electricity directly to retail customers. The Commercial Energy Systems segment consists of the operations of WGL Energy Systems, Inc., WGSW, Inc. and the results of operations of affiliate-owned commercial distributed energy projects. The Midstream Energy Services segment consists of the operations of WGL Midstream, Inc., which engages in acquiring, investing in, managing and optimizing natural gas storage and transportation assets.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: WGL
  • CUSIP: 92924F10
Key Metrics:
  • Previous Close: $83.28
  • 50 Day Moving Average: $80.68
  • 200 Day Moving Average: $69.83
  • 52-Week Range: $51,219,000.00 - $58.66
  • Trailing P/E Ratio: 26.93
  • Foreward P/E Ratio: 22.39
  • P/E Growth: 3.19
  • Market Cap: $4.27B
  • Outstanding Shares: 51,219,000
  • Beta: 0.6
Profitability:
  • Net Margins: 6.77%
  • Return on Equity: 12.10%
  • Return on Assets: 2.84%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 0.77%
  • Quick Ratio: 0.61%
Additional Links:
Companies Related to WGL Holdings:

Analyst Ratings

Consensus Ratings for WGL Holdings (NYSE:WGL) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $71.00 (14.75% downside)

Analysts' Ratings History for WGL Holdings (NYSE:WGL)
Show:
DateFirmActionRatingPrice TargetDetails
12/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$71.00View Rating Details
12/1/2016Wells Fargo & CoReiterated RatingHoldView Rating Details
11/29/2016Janney Montgomery ScottDowngradeBuy -> NeutralView Rating Details
3/30/2016BB&T Co.Initiated CoverageHoldView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldView Rating Details
12/31/2015Hilliard LyonsDowngradeBuy -> NeutralView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for WGL Holdings (NYSE:WGL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/8/2017Q117$1.28$1.24$694.84 millionViewN/AView Earnings Details
8/3/2016Q316$0.14$0.33$482.57 million$440.60 millionViewN/AView Earnings Details
5/4/2016Q216$1.96$1.78$1.04 billion$835.70 millionViewListenView Earnings Details
2/8/2016Q116$1.29$1.18$773.03 million$613.40 millionViewListenView Earnings Details
11/13/2015Q415($0.35)($0.23)$403.24 million$467.69 millionViewN/AView Earnings Details
8/5/2015Q315($0.09)$0.22$179.92 million$441.17 millionViewN/AView Earnings Details
5/6/2015Q215$1.70$2.02$1.03 billion$1.00 billionViewN/AView Earnings Details
2/4/2015Q115$1.05$1.16$738.68 million$749.20 millionViewN/AView Earnings Details
11/12/2014Q414($0.26)($0.17)$453.80 million$458.90 millionViewN/AView Earnings Details
8/6/2014Q314($0.07)$0.02$492.62 million$467.50 millionViewN/AView Earnings Details
5/7/2014Q214$1.75$1.84$921.71 million$1.17 billionViewN/AView Earnings Details
2/4/2014Q114$1.02$1.14$744.73 millionViewN/AView Earnings Details
11/13/2013Q413($0.34)($0.55)$437.52 millionViewN/AView Earnings Details
8/7/2013Q3 2013($0.09)($0.03)$451.44 million$478.12 millionViewN/AView Earnings Details
5/1/2013Q2 2013$1.49$1.75$854.07 million$891.38 millionViewN/AView Earnings Details
2/6/2013Q1 2013$1.04$1.14$746.08 million$686.74 millionViewN/AView Earnings Details
8/3/2012$0.08ViewN/AView Earnings Details
5/2/2012$1.64$1.58ViewN/AView Earnings Details
2/3/2012$1.11$1.13ViewN/AView Earnings Details
8/3/2011($0.10)($0.03)ViewN/AView Earnings Details
5/5/2011$1.54$1.53ViewN/AView Earnings Details
2/2/2011$0.90$1.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WGL Holdings (NYSE:WGL)
Current Year EPS Consensus Estimate: $3.47 EPS
Next Year EPS Consensus Estimate: $3.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$1.94$1.94$1.94
Q3 20162($0.03)$0.20$0.09
Q4 20162($0.14)$0.12($0.01)
Q2 20171$1.95$1.95$1.95
Q3 20171$0.25$0.25$0.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for WGL Holdings (NYSE:WGL)
Annual Dividend:$1.95
Dividend Yield:2.34%
Dividend Growth:5.10% (3 Year Average)
Payout Ratio:62.70% (Based on Trailing 12 Months of Earnings)
56.20% (Based on Current Year Consensus EPS Estimate)
52.42% (Based on Next Year Consensus EPS Estimate)
Track Record:40 Years of Consecutive Dividend Growth

Dividend History for WGL Holdings (NYSE:WGL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.512.48%4/6/20174/10/20175/1/2017
11/23/2016quarterly$0.492.89%1/6/20171/10/20172/1/2017
9/28/2016quarterly$0.493.11%10/5/201610/10/201611/1/2016
5/11/2016quarterly$0.492.86%7/6/20167/10/20168/1/2016
2/9/2016quarterly$0.492.87%4/6/20164/10/20165/1/2016
12/16/2015quarterly$0.462.93%1/6/20161/10/20162/1/2016
9/22/2015quarterly$0.463.4%10/7/201510/10/201511/1/2015
6/24/2015quarterly$0.463.38%7/8/20157/10/20158/1/2015
2/5/2015quarterly$0.463.4%4/8/20154/10/20155/1/2015
12/18/2014quarterly$0.443.34%1/7/20151/10/20152/1/2015
9/24/2014quarterly$0.444.2%10/8/201410/10/201411/1/2014
6/25/2014quarterly$0.444.15%7/8/20147/10/20148/1/2014
2/7/2014quarterly$0.444.81%4/8/20144/10/20145/1/2014
12/18/2013quarterly$0.424.4%1/8/20141/10/20142/1/2014
9/26/2013quarterly$0.423.92%10/8/201310/10/201311/1/2013
6/26/2013quarterly$0.423.9%7/8/20137/10/20138/1/2013
2/7/2013quarterly$0.423.94%4/8/20134/10/20135/1/2013
12/14/2012quarterly$0.404.03%1/8/20131/10/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for WGL Holdings (NYSE:WGL)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 66.60%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2016Nancy C FloydDirectorSell850$68.28$58,038.00View SEC Filing  
3/29/2016Roberta W SimsVPSell1,000$71.50$71,500.00View SEC Filing  
3/10/2016Douglas A StaeblerVPSell1,046$70.00$73,220.00View SEC Filing  
2/10/2016Michael D BarnesDirectorSell1,429$68.50$97,886.50View SEC Filing  
12/10/2015Louis HutchinsonVPBuy100$59.77$5,977.00View SEC Filing  
9/8/2015James W. Dyke, Jr.DirectorSell1,000$53.18$53,180.00View SEC Filing  
2/12/2015Michael D BarnesDirectorSell1,648$53.88$88,794.24View SEC Filing  
12/11/2014Anthony NeeTreasurerSell4,500$53.20$239,400.00View SEC Filing  
12/10/2014Michael D BarnesDirectorSell4,096$53.42$218,808.32View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for WGL Holdings (NYSE:WGL)
DateHeadline
bizjournals.com logoInside BET CEO Debra Lee’s home, now listed for $11.5M (NYSE:WGL)
www.bizjournals.com - February 25 at 4:24 AM
finance.yahoo.com logoWGL HOLDINGS INC Financials (NYSE:WGL)
finance.yahoo.com - February 14 at 3:56 PM
streetinsider.com logoForm SC 13G/A WGL HOLDINGS INC Filed by: VANGUARD GROUP INC (NYSE:WGL)
www.streetinsider.com - February 11 at 6:19 AM
capitalcube.com logoWGL Holdings, Inc. :WGL-US: Earnings Analysis: Q1, 2017 By the Numbers : February 10, 2017 (NYSE:WGL)
www.capitalcube.com - February 11 at 6:19 AM
biz.yahoo.com logoQ1 2017 WGL Holdings Inc Earnings Release - After Market Close (NYSE:WGL)
us.rd.yahoo.com - February 10 at 6:38 AM
us.rd.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of WGL Holdings, Inc. for $88.25 Per Share is Fair to Shareholders -- WGL (NYSE:WGL)
us.rd.yahoo.com - February 10 at 6:38 AM
reuters.com logoBRIEF-WGL Holdings reports Q1 fiscal year 2017 financial results (NYSE:WGL)
www.reuters.com - February 10 at 6:38 AM
4-traders.com logoWGL HOLDINGS INC : Levi & Korsinsky, LLP Announces an Investigation Concerning.. (NYSE:WGL)
www.4-traders.com - February 9 at 6:40 AM
rttnews.com logoEARNINGS SUMMARY: Details of WGL Holdings Inc. Q1 Earnings Report (NYSE:WGL)
www.rttnews.com - February 9 at 6:40 AM
sg.finance.yahoo.com logoWGL misses 1Q profit forecasts (NYSE:WGL)
sg.finance.yahoo.com - February 9 at 6:40 AM
biz.yahoo.com logoWGL HOLDINGS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:WGL)
biz.yahoo.com - February 9 at 6:40 AM
seekingalpha.com logoWGL Holdings misses by $0.04, misses on revenue (NYSE:WGL)
seekingalpha.com - February 8 at 11:45 PM
finance.yahoo.com logoWeissLaw LLP: WGL Holdings, Inc. Acquisition May Not Be in the Best Interests of WGL Shareholders (NYSE:WGL)
finance.yahoo.com - February 7 at 9:05 PM
News IconWGL Shares Progress in Sustainability Programs, Community and Diversity (NYSE:WGL)
www.enhancedonlinenews.com - February 7 at 4:04 PM
News IconAltaGas Ltd. buys WGL Holdings Inc. for $6 billion (NYSE:WGL)
dailycommercialnews.com - February 7 at 4:04 PM
businesswire.com logoWGL Holdings, Inc. Raises Annual Dividend $0.09 Per Share to $2.04; Marks the 41st Consecutive Annual Increase in Common Stock Dividend (NYSE:WGL)
www.businesswire.com - February 2 at 6:46 AM
finance.yahoo.com logoWGL Holdings, Inc. Cancels Conference Call for First Quarter Fiscal Year 2017 Earnings (NYSE:WGL)
finance.yahoo.com - February 1 at 7:24 AM
News IconAltaGas to acquire WGL Holdings for USD 4.5 billion in major US push (NYSE:WGL)
steelguru.com - January 30 at 9:49 AM
News IconWall Street braces for another billion-dollar utility fight (NYSE:WGL)
calgaryherald.com - January 29 at 5:43 AM
News IconAltaGas to buy WGL Holdings for $4.5-billion in major United States push (NYSE:WGL)
avauncer.com - January 28 at 2:06 AM
4-traders.com logoWGL HOLDINGS INC : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) (NYSE:WGL)
www.4-traders.com - January 28 at 2:06 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of WGL Holdings, Inc. (NYSE:WGL)
finance.yahoo.com - January 27 at 6:46 AM
biz.yahoo.com logoWGL HOLDINGS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits (NYSE:WGL)
biz.yahoo.com - January 27 at 6:46 AM
bloomberg.com logoAltaGas Joins Canada’s Buying Spree in U.S. With WGL Deal (NYSE:WGL)
us.rd.yahoo.com - January 26 at 2:54 AM
biz.yahoo.com logoWGL HOLDINGS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:WGL)
us.rd.yahoo.com - January 26 at 2:54 AM
marketwatch.com logoThe Wall Street Journal: Canada’s AltaGas in $6.4 billion deal to buy Washington D.C. utility WGL (NYSE:WGL)
www.marketwatch.com - January 25 at 10:27 PM
News IconAltaGas in $8.4-billion takeover of U.S. power company WGL Holdings (NYSE:WGL)
www.timescolonist.com - January 25 at 9:54 PM
News IconAltaGas buying U.S. power and utility company WGL Holdings Inc. for C$8.4 billion (NYSE:WGL)
energeticcity.ca - January 25 at 9:54 PM
streetinsider.com logoAltaGas to Acquire WGL Holdings (WGL) for $6.4B (NYSE:WGL)
www.streetinsider.com - January 25 at 9:54 PM
wsj.com logoCanada’s AltaGas to Buy D.C. Utility WGL (NYSE:WGL)
www.wsj.com - January 25 at 9:54 PM
News IconAltaGas buying WGL (NYSE:WGL)
www.castanet.net - January 25 at 9:54 PM
News IconAltaGas to buy WGL Holdings for $4.5-billion in major USA push (NYSE:WGL)
thecelebritytruth.com - January 25 at 9:54 PM
reuters.com logoAltaGas to buy WGL in C$8.4 billion deal in gas distribution push (NYSE:WGL)
in.reuters.com - January 25 at 9:54 PM
wsj.com logo[$$] Canada's AltaGas to Buy D.C. Utility WGL (NYSE:WGL)
www.wsj.com - January 25 at 9:54 PM
feeds.reuters.com logoUPDATE 1-AltaGas to buy WGL in C$8.4 bln deal in gas distribution push (NYSE:WGL)
feeds.reuters.com - January 25 at 6:22 PM
feeds.reuters.com logoAltaGas to buy WGL Holdings for about C$8.4 billion (NYSE:WGL)
feeds.reuters.com - January 25 at 5:15 PM
feeds.reuters.com logoBRIEF-Altagas to acquire WGL Holdings in C$8.4 bln deal (NYSE:WGL)
feeds.reuters.com - January 25 at 5:15 PM
seekingalpha.com logoAltaGas buys WGL Holdings in $6.4B deal (NYSE:WGL)
seekingalpha.com - January 25 at 5:15 PM
finance.yahoo.com logoWGL Holdings, Inc. to be Acquired by AltaGas Ltd. in $6.4 Billion Transaction (NYSE:WGL)
finance.yahoo.com - January 25 at 4:52 PM
realistinvestor.com logoWGL Holdings Inc (NYSE:WGL) Mean Rating At $3.38 (NYSE:WGL)
www.realistinvestor.com - January 16 at 9:02 PM
News IconWGL Holdings Inc (WGL) is an attractive dividend stock, but are there better? (NYSE:WGL)
simplywall.st - January 13 at 3:19 PM
rttnews.com logoWGL Holdings Inc. (WGL) Broke Out To A New High On Report Of Merger Talks (NYSE:WGL)
www.rttnews.com - January 13 at 3:19 PM
News IconAltaGas in potential deal talks with WGL Holdings (NYSE:WGL)
diy-home-garden.com - January 13 at 3:19 PM
business.financialpost.com logoAltaGas Ltd could face selling pressure from equity deal with WGL Holdings Inc (NYSE:WGL)
business.financialpost.com - January 13 at 3:19 PM
us.rd.yahoo.com logo5:23 pm WGL Holdings: AltaGas confirms it is in discussions regarding a potential transaction with a third party (NYSE:WGL)
us.rd.yahoo.com - January 13 at 6:19 AM
feeds.reuters.com logoREFILE-Canada's AltaGas in merger talks with Washington Gas parent - WSJ (NYSE:WGL)
feeds.reuters.com - January 12 at 5:36 PM
seekingalpha.com logoWGL Holdings +8% on reported merger talks with AltaGas (NYSE:WGL)
seekingalpha.com - January 12 at 3:22 PM
streetinsider.com logoForm 4 WGL HOLDINGS INC For: Jan 03 Filed by: LAFOND JAMES F (NYSE:WGL)
www.streetinsider.com - January 6 at 6:38 AM
News IconWGL Holdings Inc (WGL): What you have to know before buying for the upcoming dividend (NYSE:WGL)
simplywall.st - January 2 at 8:49 PM
nasdaq.com logoFVD, WGL, T, DE: Large Inflows Detected at ETF (NYSE:WGL)
www.nasdaq.com - December 31 at 1:40 AM

Social

What is WGL Holdings' stock symbol?

WGL Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "WGL."

How often does WGL Holdings pay dividends? What is the dividend yield for WGL Holdings?

WGL Holdings announced a quarterly dividend on Wednesday, February 1st. Stockholders of record on Monday, April 10th will be paid a dividend of $0.51 per share on Monday, May 1st. This represents a $2.04 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend is Thursday, April 6th. This is a boost from WGL Holdings's previous quarterly dividend of $0.49.

Where is WGL Holdings' stock going? Where will WGL Holdings' stock price be in 2017?

5 equities research analysts have issued 1-year target prices for WGL Holdings' stock. Their forecasts range from $71.00 to $71.00. On average, they expect WGL Holdings' stock price to reach $71.00 in the next twelve months.

When will WGL Holdings announce their earnings?

WGL Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns WGL Holdings stock?

WGL Holdings' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (7.52%), Dimensional Fund Advisors LP (1.82%), AQR Capital Management LLC (0.58%), Denver Investment Advisors LLC (0.33%), Luminus Management LLC (0.31%) and White Square Capital LLP (0.29%). Company insiders that own WGL Holdings stock include Douglas A Staebler, James W Dyke, Jr, Louis Hutchinson, Michael D Barnes, Nancy C Floyd and Roberta W Sims.

Who sold WGL Holdings stock? Who is selling WGL Holdings stock?

WGL Holdings' stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Guggenheim Capital LLC, Denver Investment Advisors LLC, Dimensional Fund Advisors LP, Teachers Retirement System of The State of Kentucky, Metropolitan Life Insurance Co. NY and Envestnet Asset Management Inc.. Company insiders that have sold WGL Holdings stock in the last year include Douglas A Staebler, Nancy C Floyd and Roberta W Sims.

Who bought WGL Holdings stock? Who is buying WGL Holdings stock?

WGL Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Luminus Management LLC, White Square Capital LLP, Russell Investments Group Ltd., Marshall Wace LLP, Asset Management One Co. Ltd., Cutter & CO Brokerage Inc., Raymond James Financial Services Advisors Inc. and Credit Agricole S A.

How do I buy WGL Holdings stock?

Shares of WGL Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of WGL Holdings stock cost?

One share of WGL Holdings stock can currently be purchased for approximately $83.28.

WGL Holdings (NYSE:WGL) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for WGL Holdings (NYSE:WGL)

Earnings History Chart

Earnings by Quarter for WGL Holdings (NYSE:WGL)

Dividend History Chart

Dividend Payments by Quarter for WGL Holdings (NYSE:WGL)

Last Updated on 2/26/2017 by MarketBeat.com Staff