[ad_1]
Williams-Sonoma said on March 16, 2023 that its board of directors declared a regular
quarterly dividend of $0.90 per share ($3.60 annualized).
Previously, the company paid $0.78 per share.
Shares must be purchased before the ex-div date of April 20, 2023 to qualify for the dividend.
Shareholders of record as of April 21, 2023
will receive the payment on May 26, 2023.
At the current share price of $119.95 / share,
the stock’s dividend yield is 3.00%.
Looking back five years and taking a sample every week, the average dividend yield has been
2.48%,
the lowest has been 1.26%,
and the highest has been 5.40%.
The standard deviation of yields is 0.71 (n=237).
The current dividend yield is
0.73 standard deviations
above
the historical average.
Additionally, the company’s dividend payout ratio is 0.18.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100% of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is 0.63%,
demonstrating that it has increased its dividend over time.
Learn to Harvest Dividends
Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.
Analyst Price Forecast Suggests 8.85% Upside
As of March 17, 2023,
the average one-year price target for Williams-Sonoma is $130.56.
The forecasts range from a low of $98.98 to a high of $215.25.
The average price target represents an increase of 8.85% from its latest reported closing price of $119.95.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Williams-Sonoma
is $8,902MM, an increase of 2.62%.
The projected annual non-GAAP EPS
is $16.62.
What is the Fund Sentiment?
There are 1240 funds or institutions reporting positions in Williams-Sonoma.
This is an increase
of
24
owner(s) or 1.97% in the last quarter.
Average portfolio weight of all funds dedicated to WSM is 0.31%,
a decrease
of 8.79%.
Total shares owned by institutions decreased
in the last three months by 0.74% to 78,413K shares.
The put/call ratio of WSM is 1.77, indicating a
bearish
outlook.
What are Large Shareholders Doing?
Aristotle Capital Management
holds 4,637K shares
representing 6.97% ownership of the company.
In it’s prior filing, the firm reported owning 4,632K shares, representing
an increase
of 0.13%.
The firm
decreased
its portfolio allocation in WSM by 6.37% over the last quarter.
Capital Research Global Investors
holds 4,095K shares
representing 6.15% ownership of the company.
In it’s prior filing, the firm reported owning 4,099K shares, representing
a decrease
of 0.11%.
The firm
decreased
its portfolio allocation in WSM by 10.40% over the last quarter.
Blackhill Capital
holds 3,951K shares
representing 5.94% ownership of the company.
In it’s prior filing, the firm reported owning 3,952K shares, representing
a decrease
of 0.02%.
The firm
decreased
its portfolio allocation in WSM by 4.84% over the last quarter.
IJH – iShares Core S&P Mid-Cap ETF
holds 2,060K shares
representing 3.09% ownership of the company.
In it’s prior filing, the firm reported owning 2,009K shares, representing
an increase
of 2.46%.
The firm
decreased
its portfolio allocation in WSM by 12.74% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
holds 2,020K shares
representing 3.03% ownership of the company.
In it’s prior filing, the firm reported owning 2,005K shares, representing
an increase
of 0.77%.
The firm
decreased
its portfolio allocation in WSM by 9.25% over the last quarter.
Williams-Sonoma Background Information
(This description is provided by the company.)
Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s products, representing distinct merchandise strategies – Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, and Mark and Graham – are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, its free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. Williams-Sonoma operates in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India, as well as e-commerce websites in certain locations. The company is also proud to lead the industry with its Environmental, Social and Governance (‘ESG’) efforts. The company is Good By Design – it has deeply engrained sustainability into its business. From its factories to your home, Williams-Sonoma is united in a shared purpose to care for its people and its planet.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
[ad_2]
Image and article originally from www.nasdaq.com. Read the original article here.