NYSE:WMS - Advanced Drainage Systems Stock Price, Price Target & More

Advanced Drainage Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMS."

Advanced Drainage Systems announced a quarterly dividend on Tuesday, May 29th. Stockholders of record on Tuesday, June 5th will be paid a dividend of $0.08 per share on Friday, June 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Monday, June 4th. This is a boost from Advanced Drainage Systems's previous quarterly dividend of $0.07. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems declared that its Board of Directors has initiated a share repurchase program on Thursday, April 6th 2017, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 3.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) issued its quarterly earnings data on Tuesday, May, 29th. The construction company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.05. The construction company had revenue of $250.10 million for the quarter, compared to analysts' expectations of $253.38 million. Advanced Drainage Systems had a net margin of 4.62% and a return on equity of 47.40%. Advanced Drainage Systems's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.22) EPS. View Advanced Drainage Systems' Earnings History.

Advanced Drainage Systems is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Advanced Drainage Systems.

4 Wall Street analysts have issued 1-year target prices for Advanced Drainage Systems' shares. Their forecasts range from $26.00 to $32.00. On average, they expect Advanced Drainage Systems' share price to reach $29.00 in the next year. View Analyst Ratings for Advanced Drainage Systems.

Some companies that are related to Advanced Drainage Systems include WEIR Grp PLC/S (WEGRY), Spirax-Sarco Engineering (SPXSF), USG (USG), Toll Brothers (TOL), Bellway (BLWYY), Thor Industries (THO), Aecom (ACM), Eagle Materials (EXP), Quanta Services (PWR), Acuity Brands (AYI), Babcock International (BCKIY), Floor & Decor (FND), Rayonier (RYN), Emcor Group (EME) and CHINA COMMUNICA/ADR (CCCGY).

News coverage about WMS stock has trended somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Advanced Drainage Systems earned a media sentiment score of 0.10 on Accern's scale. They also gave media coverage about the construction company an impact score of 45.93 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Advanced Drainage Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.22%), JPMorgan Chase & Co. (2.40%), Dimensional Fund Advisors LP (1.47%), Northern Trust Corp (0.83%), PNC Financial Services Group Inc. (0.76%) and Lord Abbett & CO. LLC (0.71%). Company insiders that own Advanced Drainage Systems stock include Berkshire Partners Holdings Ll, Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli and Thomas M Fussner. View Institutional Ownership Trends for Advanced Drainage Systems.

WMS stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Amundi Pioneer Asset Management Inc., Citadel Advisors LLC, Lord Abbett & CO. LLC, Comerica Bank, Principal Financial Group Inc., Principal Financial Group Inc. and Sei Investments Co.. Company insiders that have sold Advanced Drainage Systems company stock in the last year include Ewout Leeuwenburg, Joseph A Chlapaty, Robert M Klein, Ronald R Vitarelli and Thomas M Fussner. View Insider Buying and Selling for Advanced Drainage Systems.

WMS stock was bought by a variety of institutional investors in the last quarter, including KBC Group NV, Dimensional Fund Advisors LP, Monarch Partners Asset Management LLC, Federated Investors Inc. PA, Millennium Management LLC, JPMorgan Chase & Co., Intrinsic Edge Capital Management LLC and Algert Global LLC. Company insiders that have bought Advanced Drainage Systems stock in the last two years include Berkshire Partners Holdings Ll and Joseph A Chlapaty. View Insider Buying and Selling for Advanced Drainage Systems.

Shares of WMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of WMS stock can currently be purchased for approximately $28.75.

Advanced Drainage Systems has a market capitalization of $1.64 billion and generates $1.33 billion in revenue each year. The construction company earns $62 million in net income (profit) each year or $0.81 on an earnings per share basis. Advanced Drainage Systems employs 4,400 workers across the globe.

Advanced Drainage Systems' mailing address is 4640 TRUEMAN BOULEVARD, HILLIARD OH, 43026. The construction company can be reached via phone at 614-658-0050 or via email at [email protected]