WGL Holdings Company Profile (NYSE:WGL)

About WGL Holdings (NYSE:WGL)

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
  • Symbol: NYSE:WGL
  • CUSIP: 92924F10
  • Web: www.wglholdings.com
Capitalization:
  • Market Cap: $4.24 billion
  • Outstanding Shares: 51,219,000
Average Prices:
  • 50 Day Moving Avg: $82.55
  • 200 Day Moving Avg: $79.05
  • 52 Week Range: $58.66 - $84.08
P/E:
  • Trailing P/E Ratio: 24.42
  • Foreward P/E Ratio: 22.70
  • P/E Growth: 3.37
Sales & Book Value:
  • Annual Revenue: $2.35 billion
  • Price / Sales: 1.81
  • Book Value: $30.03 per share
  • Price / Book: 2.76
Dividend:
  • Annual Dividend: $1.95
  • Dividend Yield: 2.5%
Profitability:
  • EBIDTA: $451.36 million
  • 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%
Misc:
  • Average Volume: 239,549 shs.
  • Beta: 0.6
  • Short Ratio: 4.13
 

Frequently Asked Questions for WGL Holdings (NYSE:WGL)

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 declared a quarterly dividend on Thursday, May 11th. Shareholders of record on Monday, July 10th will be given a dividend of $0.51 per share on Tuesday, August 1st. This represents a $2.04 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Thursday, July 6th. View WGL Holdings' Dividend History.

How were WGL Holdings' earnings last quarter?

WGL Holdings Inc (NYSE:WGL) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $1.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.97 by $0.10. The firm had revenue of $841.80 million for the quarter, compared to analysts' expectations of $899.14 million. WGL Holdings had a return on equity of 12.10% and a net margin of 6.77%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.78 EPS. View WGL Holdings' Earnings History.

What guidance has WGL Holdings issued on next quarter's earnings?

WGL Holdings updated its FY17 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $3.10-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.49.

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

4 analysts have issued 1 year price objectives for WGL Holdings' stock. Their predictions range from $71.00 to $71.00. On average, they anticipate WGL Holdings' share price to reach $71.00 in the next twelve months. View Analyst Ratings for WGL Holdings.

Who are some of WGL Holdings' key competitors?

Who owns WGL Holdings stock?

WGL Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.64%), Vanguard Group Inc. (8.78%), State Street Corp (7.86%), Earnest Partners LLC (2.41%), Bank of New York Mellon Corp (2.16%) and Duff & Phelps Investment Management Co. (1.95%). Company insiders that own WGL Holdings stock include Debra L Lee, Douglas A Staebler, James W Dyke, Jr, Louis Hutchinson, Michael D Barnes, Nancy C Floyd and Roberta W Sims. View Institutional Ownership Trends for WGL Holdings.

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 Goldman Sachs Group Inc., Wellington Management Group LLP, AQR Capital Management LLC, Vanguard Group Inc., Martingale Asset Management L P, Russell Investments Group Ltd., Morgan Stanley and Earnest Partners LLC. View Insider Buying and Selling for WGL Holdings.

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

WGL Holdings' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., P Schoenfeld Asset Management LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, State Street Corp, Nuance Investments LLC, Weiss Multi Strategy Advisers LLC and Capital Fund Management S.A.. View Insider Buying and Selling for WGL Holdings.

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 $82.84.

Analyst Ratings

Consensus Ratings for WGL Holdings (NYSE:WGL) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $71.00 (14.29% downside)

Analysts' Ratings History for WGL Holdings (NYSE:WGL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/15/2017Hilliard LyonsDowngradeNeutral -> UnderperformLowView Rating Details
12/2/2016Seaport Global SecuritiesInitiated CoverageNeutral$71.00N/AView Rating Details
12/1/2016Wells Fargo & CoReiterated RatingHoldN/AView Rating Details
11/29/2016Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
3/30/2016BB&T Co.Initiated CoverageHoldN/AView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for WGL Holdings (NYSE:WGL)
Earnings by Quarter for WGL Holdings (NYSE:WGL)
Earnings History by Quarter for WGL Holdings (NYSE:WGL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q2 2017$1.97$1.87$899.14 million$841.80 millionViewN/AView Earnings Details
2/8/2017Q117$1.28$1.24$646.40 million$609.49 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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$1.95$1.95$1.95
Q3 20171$0.20$0.20$0.20
Q4 20171($0.05)($0.05)($0.05)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for WGL Holdings (NYSE:WGL)
Next Dividend:8/1/2017
Annual Dividend:$1.95
Dividend Yield:2.35%
Dividend Growth:5.10% (3 Year Average)
Payout Ratio:62.70% (Trailing 12 Months of Earnings)
59.82% (Based on This Year's Estimates)
53.42% (Based on Next Year's Estimates)
Track Record:40 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for WGL Holdings (NYSE:WGL)

Dividend History by Quarter for WGL Holdings (NYSE:WGL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/11/2017quarterly$0.512.47%7/6/20177/10/20178/1/2017
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 and Institutional Ownership History for WGL Holdings (NYSE:WGL)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 66.60%
Insider Trades by Quarter for WGL Holdings (NYSE:WGL)
Institutional Ownership by Quarter for WGL Holdings (NYSE:WGL)
Insider Trades by Quarter for WGL Holdings (NYSE:WGL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/24/2017Debra L. LeeDirectorSell2,800$82.94$232,232.00View SEC Filing  
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

Headline Trends for WGL Holdings (NYSE:WGL)
Latest Headlines for WGL Holdings (NYSE:WGL)
Source:
DateHeadline
finance.yahoo.com logoWGL Holdings, Inc. breached its 50 day moving average in a Bullish Manner : WGL-US : May 24, 2017
finance.yahoo.com - May 26 at 8:44 AM
americanbankingnews.com logoDebra L. Lee Sells 2,800 Shares of WGL Holdings Inc (WGL) Stock
www.americanbankingnews.com - May 25 at 8:06 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 19 at 7:56 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) to Issue Quarterly Dividend of $0.51
www.americanbankingnews.com - May 11 at 2:47 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for WGL Holdings Inc Decreased by Seaport Global Securities (WGL)
www.americanbankingnews.com - May 11 at 9:28 AM
americanbankingnews.com logo$0.20 Earnings Per Share Expected for WGL Holdings Inc (WGL) This Quarter
www.americanbankingnews.com - May 11 at 8:02 AM
finance.yahoo.com logoWGL Holdings, Inc. Receives Shareholder Approval to Merge Operations with AltaGas Ltd.
finance.yahoo.com - May 11 at 3:26 AM
americanbankingnews.com logoSeaport Global Securities Research Analysts Lower Earnings Estimates for WGL Holdings Inc (WGL)
www.americanbankingnews.com - May 10 at 2:52 PM
finance.yahoo.com logoWGL Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WGL-US : May 10, 2017
finance.yahoo.com - May 10 at 9:48 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - May 9 at 5:02 PM
finance.yahoo.com logoWashington Gas Fleet Facility in Rockville, Maryland is LEED® Gold by Design
finance.yahoo.com - May 9 at 9:38 AM
finance.yahoo.com logoWGL misses 2Q profit forecasts
finance.yahoo.com - May 6 at 1:40 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) Releases Quarterly Earnings Results, Misses Expectations By $0.10 EPS
www.americanbankingnews.com - May 4 at 11:22 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 7:10 PM
americanbankingnews.com logoVery Favorable Press Coverage Likely to Impact WGL Holdings (WGL) Share Price
www.americanbankingnews.com - May 4 at 7:28 AM
finance.yahoo.com logoWGL Releases Corporate Sustainability Targets for 2025
finance.yahoo.com - May 3 at 9:44 AM
streetinsider.com logoForm 8-K WGL HOLDINGS INC For: May 01
www.streetinsider.com - May 2 at 8:16 AM
theglobeandmail.com logoPembina buys Veresen for $5.8-billion in latest energy infrastructure deal
www.theglobeandmail.com - May 1 at 7:45 PM
americanbankingnews.com logoWGL Holdings (WGL) Getting Somewhat Negative Press Coverage, Study Finds
www.americanbankingnews.com - April 30 at 8:08 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:40 AM
finance.yahoo.com logoWGL Holdings, Inc. – Value Analysis (NYSE:WGL) : April 28, 2017
finance.yahoo.com - April 29 at 2:24 AM
finance.yahoo.com logoWGL Holdings, Inc. breached its 50 day moving average in a Bullish Manner : WGL-US : April 27, 2017
finance.yahoo.com - April 27 at 11:42 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Affect WGL Holdings (WGL) Stock Price
www.americanbankingnews.com - April 27 at 11:21 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 24 at 9:46 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Affect WGL Holdings (WGL) Share Price
www.americanbankingnews.com - April 23 at 12:37 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Expected to Post Quarterly Sales of $873.05 Million
www.americanbankingnews.com - April 22 at 9:10 AM
finance.yahoo.com logoWashington Gas to Move Headquarters to The Wharf in DC
finance.yahoo.com - April 21 at 1:09 AM
finance.yahoo.com logoThe Wharf just landed a major utility as an anchor tenant
finance.yahoo.com - April 21 at 1:09 AM
americanbankingnews.com logo Analysts Expect WGL Holdings Inc (WGL) to Announce $1.95 Earnings Per Share
www.americanbankingnews.com - April 20 at 1:12 PM
americanbankingnews.com logoWGL Holdings (WGL) Earns Daily Media Sentiment Score of -0.08
www.americanbankingnews.com - April 20 at 9:53 AM
americanbankingnews.com logoWGL Holdings (WGL) Earns Coverage Optimism Score of 0.00
www.americanbankingnews.com - April 17 at 8:47 AM
finance.yahoo.com logoWGL Holdings, Inc. : WGL-US: Dividend Analysis : April 10th, 2017 (record date) : By the numbers : April 14, 2017
finance.yahoo.com - April 14 at 3:24 PM
americanbankingnews.com logoWGL Holdings (WGL) Receiving Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 13 at 1:12 PM
finance.yahoo.com logoWGL Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WGL-US : April 7, 2017
finance.yahoo.com - April 7 at 1:30 PM
bizjournals.com logoWashington Gas had several suitors, but this is why it chose AltaGas
www.bizjournals.com - April 3 at 8:50 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 28 at 12:58 PM
americanbankingnews.com logoUS Capital Advisors Comments on WGL Holdings Inc's FY2017 Earnings (WGL)
www.americanbankingnews.com - March 23 at 10:44 AM
finance.yahoo.com logoShareholder Alert: Monteverde & Associates PC Announces An Investigation Of WGL Holdings, Inc. - WGL
finance.yahoo.com - March 13 at 8:11 PM
theglobeandmail.com logoGlobal buying spree persists – for now
www.theglobeandmail.com - March 10 at 12:24 AM
bizjournals.com logoInside BET CEO Debra Lee’s home, now listed for $11.5M
www.bizjournals.com - February 25 at 4:24 AM
finance.yahoo.com logoWGL HOLDINGS INC Financials
finance.yahoo.com - February 14 at 3:56 PM
streetinsider.com logoForm SC 13G/A WGL HOLDINGS INC Filed by: VANGUARD GROUP INC
www.streetinsider.com - February 11 at 6:19 AM
biz.yahoo.com logoQ1 2017 WGL Holdings Inc Earnings Release - After Market Close
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
us.rd.yahoo.com - February 10 at 6:38 AM
reuters.com logoBRIEF-WGL Holdings reports Q1 fiscal year 2017 financial results
www.reuters.com - February 10 at 6:38 AM
rttnews.com logoEARNINGS SUMMARY: Details of WGL Holdings Inc. Q1 Earnings Report
www.rttnews.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
biz.yahoo.com - February 9 at 6:40 AM
seekingalpha.com logoWGL Holdings misses by $0.04, misses on revenue
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
finance.yahoo.com - February 7 at 9:05 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
www.businesswire.com - February 2 at 6:46 AM

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Chart

WGL Holdings (WGL) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff