A number of firms have modified their ratings and price targets on shares of Western Gas Partners, (NYSE: WES) recently:
Shares of Western Gas Partners, LP (NYSE:WES) traded down 0.67% during trading on Friday, reaching $56.63. The company’s stock had a trading volume of 76,056 shares. The stock’s market capitalization is $8.09 billion. Western Gas Partners, LP has a 12-month low of $25.40 and a 12-month high of $60.03. The firm’s 50-day moving average is $56.38 and its 200-day moving average is $51.65.
Western Gas Partners, (NYSE:WES) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by $0.05. The firm earned $481.64 million during the quarter, compared to analyst estimates of $462.31 million. During the same quarter last year, the firm earned $0.77 earnings per share. The company’s quarterly revenue was up 11.4% on a year-over-year basis. Equities analysts expect that Western Gas Partners, LP will post $2.03 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, November 10th. Stockholders of record on Monday, October 31st were given a dividend of $0.845 per share. This is an increase from Western Gas Partners,’s previous quarterly dividend of $0.83. The ex-dividend date was Thursday, October 27th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 5.97%.