News coverage about WGL (NYSE:WGL) has been trending positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WGL earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.7366225026378 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

Shares of WGL (WGL) opened at $85.39 on Friday. The stock has a market cap of $4,380.00, a PE ratio of 22.83, a price-to-earnings-growth ratio of 4.02 and a beta of 0.66. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.66 and a quick ratio of 0.48. WGL has a 52-week low of $77.81 and a 52-week high of $86.89.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th will be given a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $2.04 annualized dividend and a yield of 2.39%. WGL’s dividend payout ratio (DPR) is 54.55%.

Separately, Zacks Investment Research downgraded shares of WGL from a “hold” rating to a “sell” rating in a report on Thursday, November 30th.

ILLEGAL ACTIVITY WARNING: This report was published by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The original version of this report can be read at https://www.dailypolitical.com/2018/01/13/positive-press-coverage-somewhat-unlikely-to-affect-wgl-wgl-share-price.html.

WGL Company Profile

WGL Holdings, Inc (WGL) is a holding company. The Company operates through four segments. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company and Hampshire Gas Company, which provides regulated interstate natural gas storage services.

Insider Buying and Selling by Quarter for WGL (NYSE:WGL)

Receive News & Ratings for WGL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WGL and related companies with MarketBeat.com's FREE daily email newsletter.