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: Natural Gas Utilities - NEC
  • Sub-Industry: Gas Utilities
  • Symbol: NYSE:WGL
  • CUSIP: 92924F10
  • Web: www.wglholdings.com
Capitalization:
  • Market Cap: $4.36283 billion
  • Outstanding Shares: 51,219,000
Average Prices:
  • 50 Day Moving Avg: $83.57
  • 200 Day Moving Avg: $82.28
  • 52 Week Range: $58.66 - $85.18
P/E:
  • Trailing P/E Ratio: 25.08
  • Foreward P/E Ratio: 23.66
  • P/E Growth: 3.71
Sales & Book Value:
  • Annual Revenue: $2.35 billion
  • Price / Sales: 1.86
  • Book Value: $30.03 per share
  • Price / Book: 2.84
Dividend:
  • Annual Dividend: $2.04
  • Dividend Yield: 2.4%
Profitability:
  • EBIDTA: $451.36 million
  • Net Margins: 7.46%
  • Return on Equity: 12.25%
  • Return on Assets: 2.86%
Debt:
  • Debt-to-Equity Ratio: 0.80%
  • Current Ratio: 0.70%
  • Quick Ratio: 0.59%
Misc:
  • Average Volume: 210,102 shs.
  • Beta: 0.66
  • 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 declared a quarterly dividend on Thursday, May 11th. Investors 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 dividend on an annualized basis and a yield of 2.39%. 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) issued its quarterly earnings results on Tuesday, May, 2nd. The company reported $1.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.97 by $0.10. The business earned $841.80 million during the quarter, compared to analysts' expectations of $899.14 million. WGL Holdings had a net margin of 7.46% and a return on equity of 12.25%. The company's revenue was up .7% on a year-over-year basis. During the same period last year, the firm 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 estimate of $3.49.

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

4 brokers have issued 12-month target prices for WGL Holdings' shares. 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 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 a number of of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.09%), Aperio Group LLC (0.06%), Bank of Montreal Can (0.05%), State Treasurer State of Michigan (0.04%), Creative Planning (0.04%) and Oregon Public Employees Retirement Fund (0.04%). 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 Gateway Investment Advisers LLC, Clean Yield Group, Chevy Chase Trust Holdings Inc., Creative Planning and Heritage Investors Management Corp. 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 Oregon Public Employees Retirement Fund, Aperio Group LLC, LS Investment Advisors LLC, Louisiana State Employees Retirement System, State Treasurer State of Michigan, Capstone Asset Management Co. and Bank of Montreal Can. 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?

One share of WGL Holdings stock can currently be purchased for approximately $85.18.


MarketBeat Community Rating for WGL Holdings (NYSE WGL)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  206
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.

Analyst Ratings

Consensus Ratings for WGL Holdings (NYSE:WGL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $71.00 (16.65% 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 & CompanyReiterated RatingHoldN/AView Rating Details
11/29/2016Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
3/30/2016BB&T CorporationInitiated CoverageHoldN/AView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
(Data available from 7/23/2015 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:$2.04
Dividend Yield:2.39%
Dividend Growth:5.10% (3 Year Average)
Payout Ratio:60.18% (Trailing 12 Months of Earnings)
62.96% (Based on This Year's Estimates)
56.67% (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: 1.09%
Institutional Ownership Percentage: 68.04%
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
6/15/2017Debra L. LeeDirectorSell3,615$83.66$302,430.90View SEC Filing  
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
americanbankingnews.com logoWGL Holdings Inc (NYSE:WGL) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 19 at 11:29 AM
americanbankingnews.com logoWGL Holdings Inc (NYSE:WGL) Downgraded by BidaskClub to "Sell"
www.americanbankingnews.com - July 16 at 8:16 PM
americanbankingnews.com logoAtmos Energy Corporation (ATO) vs. WGL Holdings (WGL) Head to Head Review
www.americanbankingnews.com - July 13 at 10:25 AM
americanbankingnews.com logoWGL Holdings Inc (NYSE:WGL) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 10 at 7:59 AM
finance.yahoo.com logoWGL 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
finance.yahoo.com logoETFs with exposure to WGL Holdings, Inc. : July 5, 2017
finance.yahoo.com - July 6 at 5:40 PM
americanbankingnews.com logoZacks: Brokerages Anticipate WGL Holdings Inc (WGL) Will Post Quarterly Sales of $475.55 Million
www.americanbankingnews.com - July 5 at 12:14 PM
finance.yahoo.com logoDividend 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
americanbankingnews.com logo$0.19 EPS Expected for WGL Holdings Inc (WGL) This Quarter
www.americanbankingnews.com - July 3 at 9:14 AM
americanbankingnews.com logoHead to Head Contrast: WGL Holdings (NYSE:WGL) & JP Energy Partners (JPEP)
www.americanbankingnews.com - July 1 at 10:10 AM
americanbankingnews.com logoContrasting JP Energy Partners (JPEP) & WGL Holdings (WGL)
www.americanbankingnews.com - June 29 at 2:38 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Upgraded to "Hold" at BidaskClub
www.americanbankingnews.com - June 23 at 3:18 PM
finance.yahoo.com logoETFs with exposure to WGL Holdings, Inc. : June 22, 2017
finance.yahoo.com - June 22 at 8:02 PM
finance.yahoo.com logoWGL Holdings, Inc. :WGL-US: Earnings Analysis: Q2, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 2:42 PM
americanbankingnews.com logoCritical Survey: Piedmont Natural Gas Company (PNY) and WGL Holdings (WGL)
www.americanbankingnews.com - June 22 at 8:26 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) Raised to Sell at BidaskClub
www.americanbankingnews.com - June 17 at 3:32 PM
americanbankingnews.com logoDebra L. Lee Sells 3,615 Shares of WGL Holdings Inc (WGL) Stock
www.americanbankingnews.com - June 15 at 7:40 PM
americanbankingnews.com logoWGL Holdings Inc (WGL) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 13 at 8:17 AM
americanbankingnews.com logoWGL Holdings Inc (WGL) Expected to Post Quarterly Sales of $475.55 Million
www.americanbankingnews.com - June 9 at 5:12 PM
finance.yahoo.com logoWGL Energy Provides Energy from New Maryland Solar Project to Monumental Sports & Entertainment
finance.yahoo.com - June 9 at 2:29 AM
americanbankingnews.com logo$0.22 EPS Expected for WGL Holdings Inc (WGL) This Quarter
www.americanbankingnews.com - June 7 at 8:24 AM
americanbankingnews.com logoONE Gas (OGS) vs. WGL Holdings (WGL) Financial Comparison
www.americanbankingnews.com - June 5 at 8:10 AM
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

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Chart

WGL Holdings (WGL) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff