Williams-Sonoma (NYSE:WSM) had declared a cash dividend of $0.3700 on Sep 16, 2016. The shares will quote ex-dividend on Oct 25, 2016 and the record date has been fixed for Oct 27, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.9659%. The dividend payable date has been fixed on Nov 23, 2016.
In a different note, On Aug 25, 2016, Barclays said it Maintains its rating on Williams-Sonoma. The shares have been rated ‘Underweight’ by the firm. Credit Suisse said it Initiates Coverage on Williams-Sonoma, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Neutral’ by the firm. On Aug 25, 2016, UBS said it Maintains its rating on Williams-Sonoma. The shares have been rated ‘Neutral’ by the firm. On Aug 25, 2016, Jefferies said it Maintains its rating on Williams-Sonoma. In the research note, the firm Lowers the price-target to $57.00 per share. The shares have been rated ‘Hold’ by the firm. On Aug 25, 2016, Wedbush said it Maintains its rating on Williams-Sonoma. The shares have been rated ‘Neutral’ by the firm. On Aug 25, 2016, Nomura said it Maintains its rating on Williams-Sonoma. The shares have been rated ‘Buy’ by the firm.
Williams-Sonoma (WSM) made into the market gainers list on Thursdays trading session with the shares advancing 1.02% or 0.51 points. Due to strong positive momentum, the stock ended at $50.46, which is also near the day’s high of $50.72. The stock began the session at $50.37 and the volume stood at 20,68,288 shares. The 52-week high of the shares is $79.55 and the 52 week low is $47.33. The company has a current market capitalization of $4,467 M and it has 8,85,28,172 shares in outstanding.
Williams-Sonoma(WSM) last announced its earnings results on Aug 24, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.16B. Analysts had an estimated revenue of $1.17B. Earnings per share were $0.58. Analysts had estimated an EPS of $0.58.
Several Insider Transactions has been reported to the SEC. On Aug 31, 2016, Laura Alber (PRESIDENT & CEO) sold 80,000 shares at $53.19 per share price.Also, On Jun 2, 2016, Julie Whalen (EVP CHIEF FINANCIAL OFFICER) sold 13,500 shares at $52.85 per share price.On Jun 2, 2016, Sandra Stangl (PRESIDENT POTTERY BARN BRANDS) sold 23,000 shares at $54.02 per share price, according to the Form-4 filing with the securities and exchange commission.
Williams-Sonoma Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies which include Williams-Sonoma Pottery Barn Pottery Barn Kids West Elm PBteen Williams-Sonoma Home Rejuvenation and Mark and Graham which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies which include Williams-Sonoma Pottery Barn Pottery Barn Kids West Elm and Rejuvenation which sells its products through its retail stores. The Company operates retail stores in the United States Canada Puerto Rico Australia and the United Kingdom and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Company’s products are also available to customers through its catalogs and online across the world.