WGL 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: Natural Gas Utilities - NEC
- Sub-Industry: Gas Utilities
- Symbol: NYSE:WGL
- CUSIP: 92924F10
- Web: www.wglholdings.com
- Market Cap: $4.29 billion
- Outstanding Shares: 51,219,000
- 50 Day Moving Avg: $84.58
- 200 Day Moving Avg: $83.33
- 52 Week Range: $58.66 - $86.89
Sales & Book Value:
- Trailing P/E Ratio: 23.88
- Foreward P/E Ratio: 23.22
- P/E Growth: 3.76
- Annual Revenue: $2.39 billion
- Price / Sales: 1.80
- Book Value: $29.70 per share
- Price / Book: 2.82
- Annual Dividend: $2.04
- Dividend Yield: 2.4%
- EBIDTA: $465.84 million
- Net Margins: 7.60%
- Return on Equity: 11.76%
- Return on Assets: 2.73%
- Debt-to-Equity Ratio: 0.81%
- Current Ratio: 0.67%
- Quick Ratio: 0.51%
- Average Volume: 265,789 shs.
- Beta: 0.67
- Short Ratio: 4.45
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 announced a quarterly dividend on Thursday, May 11th. Stockholders of record on Monday, July 10th will be paid a dividend of $0.51 per share on Tuesday, August 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Thursday, July 6th. View WGL Holdings' Dividend History.
How were WGL Holdings' earnings last quarter?
WGL Holdings Inc (NYSE:WGL) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.01. The company had revenue of $474.36 million for the quarter, compared to the consensus estimate of $477.01 million. WGL Holdings had a net margin of 7.60% and a return on equity of 11.76%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.33 earnings per share. View WGL Holdings' Earnings History.
When will WGL Holdings make its next earnings announcement?
What guidance has WGL Holdings issued on next quarter's earnings?
WGL Holdings updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $3.10-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.23.
Where is WGL Holdings' stock going? Where will WGL Holdings' stock price be in 2017?
4 brokerages have issued 12-month target prices for WGL Holdings' shares. Their predictions range from $71.00 to $71.00. On average, they expect WGL Holdings' stock price to reach $71.00 in the next year. View Analyst Ratings for WGL Holdings.
Who are some of WGL Holdings' key competitors?
Some companies that are related to WGL Holdings include Scana Corporation (SCG), UGI Corporation (UGI), NRG Energy (NRG), United Utilities Group PLC (UUGRY), Vistra Energy Corp (VST), The AES Corporation (AES), Westar Energy (WR), OGE Energy Corporation (OGE), VimpelCom (VEON), Pepco Holdings LLC (POM), Great Plains Energy (GXP), Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS), Telekom Austria AG (TKAGY), Empresa Nacional de Electricidad S.A. (EOCC), United Utilities Group PLC (UU), Hellenic Telecom Organization SA (HLTOY), Aqua America (WTR) and Vectren Corporation (VVC).
Who are WGL Holdings' key executives?
WGL Holdings' management team includes the folowing people:
- Terry D. McCallister, Chairman of the Board, Chief Executive Officer
- Adrian P. Chapman, President, Chief Operating Officer
- Vincent L. Ammann Jr, Chief Financial Officer, Senior Vice President
- Luanne S. Gutermuth, Senior Vice President—Shared Services and Chief Human Resource Officer
- Douglas A. Staebler, Senior Vice President-Utility Operations
- Leslie T. Thornton, Senior Vice President—General Counsel and Corporate Secretary
- William R. Ford, Chief Accounting Officer, Vice President, Controller
- Anthony M. Nee, Vice President, Treasurer
- Marcellous P. Frye Jr., Vice President-Business Services and Public Policy
- Louis J. Hutchinson III, Vice President and Chief Revenue Officer
Who owns WGL Holdings stock?
WGL Holdings' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.54%), Vanguard Group Inc. (8.90%), State Street Corp (7.63%), Northern Trust Corp (2.68%), Earnest Partners LLC (2.44%) and Bank of New York Mellon Corp (2.17%). 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 State Street Corp, Robeco Institutional Asset Management B.V., P Schoenfeld Asset Management LP, BlackRock Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Chicago Equity Partners LLC, Goldman Sachs Group Inc. and Gateway Investment Advisers LLC. View Insider Buying and Selling for WGL Holdings.
Who bought WGL Holdings stock? Who is buying WGL Holdings stock?
WGL Holdings' stock was bought by a variety of institutional investors in the last quarter, including Sentry Investments Corp., FMR LLC, Renaissance Technologies LLC, Farallon Capital Management LLC, JPMorgan Chase & Co., CNH Partners LLC, Vanguard Group Inc. and Laurion Capital Management LP. 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.
What is WGL Holdings' stock price today?
MarketBeat Community Rating for WGL Holdings (NYSE WGL)MarketBeat's community ratings are surveys of what our community members think about WGL Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of WGL Holdings stock can currently be purchased for approximately $83.83.
Consensus Ratings for WGL Holdings (NYSE:WGL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.75)|
|Consensus Price Target: ||$71.00 (15.30% downside)|
Analysts' Ratings History for WGL Holdings (NYSE:WGL)
(Data available from 8/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/15/2017||Hilliard Lyons||Downgrade||Neutral -> Underperform||Low|
|12/2/2016||Seaport Global Securities||Initiated Coverage||Neutral||$71.00||N/A|
|12/1/2016||Wells Fargo & Company||Reiterated Rating||Hold||N/A|
|11/29/2016||Janney Montgomery Scott||Downgrade||Buy -> Neutral||N/A|
|3/30/2016||BB&T Corporation||Initiated Coverage||Hold||N/A|
|3/10/2016||US Capital Advisors||Downgrade||Overweight -> Hold||N/A|
Earnings History for WGL Holdings (NYSE:WGL)Earnings History by Quarter for WGL Holdings (NYSE WGL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/15/2017|| || || || || || || || |
|8/2/2017||Q3 2017||$0.27||$0.26||$477.01 million||$474.36 million||View||N/A|
|5/2/2017||Q2 2017||$1.97||$1.87||$899.14 million||$841.80 million||View||N/A|
|2/8/2017||Q117||$1.28||$1.24||$646.40 million||$609.49 million||View||N/A|
|8/3/2016||Q316||$0.14||$0.33||$482.57 million||$440.60 million||View||N/A|
|5/4/2016||Q216||$1.96||$1.78||$1.04 billion||$835.70 million||View||Listen|
|2/8/2016||Q116||$1.29||$1.18||$773.03 million||$613.40 million||View||Listen|
|11/13/2015||Q415||($0.35)||($0.23)||$403.24 million||$467.69 million||View||N/A|
|8/5/2015||Q315||($0.09)||$0.22||$179.92 million||$441.17 million||View||N/A|
|5/6/2015||Q215||$1.70||$2.02||$1.03 billion||$1.00 billion||View||N/A|
|2/4/2015||Q115||$1.05||$1.16||$738.68 million||$749.20 million||View||N/A|
|11/12/2014||Q414||($0.26)||($0.17)||$453.80 million||$458.90 million||View||N/A|
|8/6/2014||Q314||($0.07)||$0.02||$492.62 million||$467.50 million||View||N/A|
|5/7/2014||Q214||$1.75||$1.84||$921.71 million||$1.17 billion||View||N/A|
|8/7/2013||Q3 2013||($0.09)||($0.03)||$451.44 million||$478.12 million||View||N/A|
|5/1/2013||Q2 2013||$1.49||$1.75||$854.07 million||$891.38 million||View||N/A|
|2/6/2013||Q1 2013||$1.04||$1.14||$746.08 million||$686.74 million||View||N/A|
Earnings Estimates for WGL Holdings (NYSE:WGL)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for WGL Holdings (NYSE:WGL)
|Most Recent Dividend:||8/1/2017|
|Dividend Growth:||5.10% (3 Year Average)|
|Payout Ratio:||58.12% (Trailing 12 Months of Earnings) |
64.15% (Based on This Year's Estimates)
56.51% (Based on Next Year's Estimates)
|Track Record:||40 Years of Consecutive Dividend Growth|
Dividend History by Quarter for WGL Holdings (NYSE WGL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for WGL Holdings (NYSE:WGL)
Insider Ownership Percentage: 0.99%Insider Trades by Quarter for WGL Holdings (NYSE:WGL)
Institutional Ownership Percentage: 67.89%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/15/2017||Debra L. Lee||Director||Sell||3,615||$83.66||$302,430.90|| |
|5/24/2017||Debra L. Lee||Director||Sell||2,800||$82.94||$232,232.00|| |
|5/16/2016||Nancy C Floyd||Director||Sell||850||$68.28||$58,038.00|| |
|3/29/2016||Roberta W Sims||VP||Sell||1,000||$71.50||$71,500.00|| |
|3/10/2016||Douglas A Staebler||VP||Sell||1,046||$70.00||$73,220.00|| |
|2/10/2016||Michael D Barnes||Director||Sell||1,429||$68.50||$97,886.50|| |
|12/10/2015||Louis Hutchinson||VP||Buy||100||$59.77||$5,977.00|| |
|9/8/2015||James W. Dyke, Jr.||Director||Sell||1,000||$53.18||$53,180.00|| |
|2/12/2015||Michael D Barnes||Director||Sell||1,648||$53.88||$88,794.24|| |
|12/11/2014||Anthony Nee||Treasurer||Sell||4,500||$53.20||$239,400.00|| |
|12/10/2014||Michael D Barnes||Director||Sell||4,096||$53.42||$218,808.32|| |
Headline Trends for WGL Holdings (NYSE:WGL)
Latest Headlines for WGL Holdings (NYSE:WGL)
|WGL Holdings, Inc. : WGL-US: Dividend Analysis : July 10th, 2017 (record date) : By the numbers : August 22, 2017|
finance.yahoo.com - August 23 at 1:52 PM
|Williams Companies' Constitution Pipeline Suffers Set Back|
finance.yahoo.com - August 23 at 1:52 PM
|WGL Holdings (WGL) vs. Vectren Corporation (VVC) Head-To-Head Contrast|
www.americanbankingnews.com - August 22 at 6:28 PM
|BidaskClub Lowers WGL Holdings Inc (WGL) to Sell|
www.americanbankingnews.com - August 19 at 2:12 PM
|Constitution Pipeline developers lose federal appeal|
www.bizjournals.com - August 18 at 8:43 PM
|WGL Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WGL-US : August 16, 2017|
finance.yahoo.com - August 17 at 9:16 AM
|WGL Holdings Inc (NYSE:WGL) Upgraded to Hold at BidaskClub|
www.americanbankingnews.com - August 11 at 7:49 PM
|WGL Holdings Inc (WGL) Upgraded to Hold by Zacks Investment Research|
www.americanbankingnews.com - August 11 at 4:00 PM
|WGL CEO Terry D. McCallister Named Finalist for Corporate Responsibility Magazine’s 2017 Responsible CEO Award|
finance.yahoo.com - August 8 at 8:17 AM
|FY2017 EPS Estimates for WGL Holdings Inc Lowered by Analyst (NYSE:WGL)|
www.americanbankingnews.com - August 7 at 8:08 AM
|WGL Holdings Inc (NYSE:WGL) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - August 4 at 7:36 AM
|WGL Holdings, Inc. Reports Third Quarter Fiscal Year 2017 Financial Results; Maintains Fiscal Year 2017 Guidance|
finance.yahoo.com - August 3 at 8:53 AM
|WGL beats 3Q profit forecasts|
finance.yahoo.com - August 3 at 8:53 AM
|WGL Holdings beats by $0.01, misses on revenue|
seekingalpha.com - August 3 at 12:49 AM
|WGL Holdings Inc (NYSE:WGL) Announces Quarterly Earnings Results|
www.americanbankingnews.com - August 3 at 12:26 AM
|WGL Holdings Inc (NYSE:WGL) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - August 2 at 9:26 PM
|Washington Gas Earns “Most Trusted Brand” Rating in National Energy Utility Study|
finance.yahoo.com - July 25 at 8:26 AM
|JP Energy Partners (JPEP) versus WGL Holdings (NYSE:WGL) Critical Review|
www.americanbankingnews.com - July 24 at 2:14 PM
|WGL Holdings Inc (NYSE:WGL) Downgraded by Zacks Investment Research to "Sell"|
www.americanbankingnews.com - July 19 at 11:29 AM
|WGL Holdings Inc (NYSE:WGL) Downgraded by BidaskClub to "Sell"|
www.americanbankingnews.com - July 16 at 8:16 PM
|Atmos Energy Corporation (ATO) vs. WGL Holdings (WGL) Head to Head Review|
www.americanbankingnews.com - July 13 at 10:25 AM
|WGL Holdings Inc (NYSE:WGL) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - July 10 at 7:59 AM
|WGL Holdings, Inc. breached its 50 day moving average in a Bearish Manner : WGL-US : July 7, 2017|
finance.yahoo.com - July 8 at 8:37 AM
|ETFs with exposure to WGL Holdings, Inc. : July 5, 2017|
finance.yahoo.com - July 6 at 5:40 PM
|Zacks: Brokerages Anticipate WGL Holdings Inc (WGL) Will Post Quarterly Sales of $475.55 Million|
www.americanbankingnews.com - July 5 at 12:14 PM
|Dividend Coverage: This Gas Company Has Paid Dividend for 166 Years; Will Trade Ex-Dividend on July 06, 2017|
finance.yahoo.com - July 5 at 11:29 AM
|$0.19 EPS Expected for WGL Holdings Inc (WGL) This Quarter|
www.americanbankingnews.com - July 3 at 9:14 AM
|Head to Head Contrast: WGL Holdings (NYSE:WGL) & JP Energy Partners (JPEP)|
www.americanbankingnews.com - July 1 at 10:10 AM
|Contrasting JP Energy Partners (JPEP) & WGL Holdings (WGL)|
www.americanbankingnews.com - June 29 at 2:38 PM
|WGL Holdings Inc (WGL) Upgraded to "Hold" at BidaskClub|
www.americanbankingnews.com - June 23 at 3:18 PM
|ETFs with exposure to WGL Holdings, Inc. : June 22, 2017|
finance.yahoo.com - June 22 at 8:02 PM
|WGL Holdings, Inc. :WGL-US: Earnings Analysis: Q2, 2017 By the Numbers : June 21, 2017|
finance.yahoo.com - June 22 at 2:42 PM
|Critical Survey: Piedmont Natural Gas Company (PNY) and WGL Holdings (WGL)|
www.americanbankingnews.com - June 22 at 8:26 AM
|WGL Holdings Inc (WGL) Raised to Sell at BidaskClub|
www.americanbankingnews.com - June 17 at 3:32 PM
|Debra L. Lee Sells 3,615 Shares of WGL Holdings Inc (WGL) Stock|
www.americanbankingnews.com - June 15 at 7:40 PM
|WGL Holdings Inc (WGL) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - June 13 at 8:17 AM
|WGL Holdings Inc (WGL) Expected to Post Quarterly Sales of $475.55 Million|
www.americanbankingnews.com - June 9 at 5:12 PM
|WGL Energy Provides Energy from New Maryland Solar Project to Monumental Sports & Entertainment|
finance.yahoo.com - June 9 at 2:29 AM
|$0.22 EPS Expected for WGL Holdings Inc (WGL) This Quarter|
www.americanbankingnews.com - June 7 at 8:24 AM
|ONE Gas (OGS) vs. WGL Holdings (WGL) Financial Comparison|
www.americanbankingnews.com - June 5 at 8:10 AM
|WGL 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
|Debra L. Lee Sells 2,800 Shares of WGL Holdings Inc (WGL) Stock|
www.americanbankingnews.com - May 25 at 8:06 PM
|WGL Holdings Inc (WGL) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - May 19 at 7:56 AM
|WGL Holdings Inc (WGL) to Issue Quarterly Dividend of $0.51|
www.americanbankingnews.com - May 11 at 2:47 PM
|Q3 2017 EPS Estimates for WGL Holdings Inc Decreased by Seaport Global Securities (WGL)|
www.americanbankingnews.com - May 11 at 9:28 AM
|$0.20 Earnings Per Share Expected for WGL Holdings Inc (WGL) This Quarter|
www.americanbankingnews.com - May 11 at 8:02 AM
|WGL Holdings, Inc. Receives Shareholder Approval to Merge Operations with AltaGas Ltd.|
finance.yahoo.com - May 11 at 3:26 AM
|Seaport Global Securities Research Analysts Lower Earnings Estimates for WGL Holdings Inc (WGL)|
www.americanbankingnews.com - May 10 at 2:52 PM
|WGL 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
|WGL Holdings Inc (WGL) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 9 at 5:02 PM
WGL Holdings (WGL) Chart for Wednesday, August, 23, 2017