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 declared a quarterly dividend on Tuesday, May 29th. Shareholders 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 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Monday, June 4th. This is a positive change from Advanced Drainage Systems's previous quarterly dividend of $0.07. View Advanced Drainage Systems' Dividend History.

Advanced Drainage Systems declared that its board has approved a share repurchase program on Thursday, April 6th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Advanced Drainage Systems Inc (NYSE:WMS) announced its quarterly earnings results 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 analyst estimates 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 revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the company posted ($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 equities research analysts have issued 1-year price targets for Advanced Drainage Systems' shares. Their predictions range from $26.00 to $32.00. On average, they anticipate Advanced Drainage Systems' share price to reach $29.00 in the next twelve months. View Analyst Ratings for Advanced Drainage Systems.

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

News stories about WMS stock have trended somewhat positive on Sunday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Advanced Drainage Systems earned a news impact score of 0.07 on Accern's scale. They also gave media headlines about the construction company an impact score of 46.91 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Advanced Drainage Systems' stock is owned by a variety of of retail and institutional 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 purchased 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 $1.61 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]