What is Wedbush's Estimate for Williams-Sonoma Q3 Earnings?

Williams-Sonoma, Inc. (NYSE:WSM - Free Report) - Research analysts at Wedbush lowered their Q3 2026 earnings estimates for shares of Williams-Sonoma in a report released on Thursday, March 20th. Wedbush analyst S. Basham now anticipates that the specialty retailer will post earnings per share of $1.90 for the quarter, down from their previous forecast of $2.02. Wedbush has a "Neutral" rating and a $170.00 price objective on the stock. The consensus estimate for Williams-Sonoma's current full-year earnings is $8.36 per share. Wedbush also issued estimates for Williams-Sonoma's Q4 2026 earnings at $3.13 EPS, Q1 2027 earnings at $1.81 EPS, Q2 2027 earnings at $1.84 EPS, Q4 2027 earnings at $3.33 EPS and FY2028 earnings at $9.51 EPS.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.88 by $0.40. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. The business had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.34 billion. During the same period last year, the firm posted $5.44 earnings per share. The firm's quarterly revenue was up 8.0% compared to the same quarter last year.

Several other analysts have also weighed in on the company. Wells Fargo & Company reduced their price objective on Williams-Sonoma from $195.00 to $170.00 and set an "equal weight" rating on the stock in a research note on Thursday. Morgan Stanley reduced their price target on shares of Williams-Sonoma from $195.00 to $185.00 and set an "equal weight" rating on the stock in a research note on Thursday. Jefferies Financial Group lowered their price objective on shares of Williams-Sonoma from $226.00 to $208.00 and set a "buy" rating for the company in a research report on Thursday. UBS Group raised shares of Williams-Sonoma from a "sell" rating to a "neutral" rating and increased their price objective for the company from $140.00 to $165.00 in a research note on Thursday. Finally, Gordon Haskett raised shares of Williams-Sonoma to a "hold" rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $177.93.

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Williams-Sonoma Stock Up 3.3 %

Shares of WSM traded up $5.34 during midday trading on Friday, hitting $168.99. The company's stock had a trading volume of 919,893 shares, compared to its average volume of 2,149,469. Williams-Sonoma has a one year low of $125.33 and a one year high of $219.98. The stock has a market capitalization of $20.80 billion, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. The company's fifty day simple moving average is $197.13 and its two-hundred day simple moving average is $172.60.

Institutional Trading of Williams-Sonoma

Large investors have recently made changes to their positions in the company. Atria Investments Inc raised its position in shares of Williams-Sonoma by 239.1% during the third quarter. Atria Investments Inc now owns 2,560 shares of the specialty retailer's stock worth $397,000 after purchasing an additional 1,805 shares during the period. CIBC Asset Management Inc grew its position in Williams-Sonoma by 106.7% in the 3rd quarter. CIBC Asset Management Inc now owns 3,694 shares of the specialty retailer's stock valued at $572,000 after purchasing an additional 1,907 shares during the period. Natixis Advisors LLC bought a new stake in Williams-Sonoma during the 3rd quarter valued at $3,142,000. Thrivent Financial for Lutherans raised its holdings in Williams-Sonoma by 94.7% during the third quarter. Thrivent Financial for Lutherans now owns 30,454 shares of the specialty retailer's stock worth $4,718,000 after buying an additional 14,816 shares during the last quarter. Finally, Pathstone Holdings LLC grew its holdings in shares of Williams-Sonoma by 92.5% during the third quarter. Pathstone Holdings LLC now owns 44,130 shares of the specialty retailer's stock valued at $6,837,000 after buying an additional 21,200 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams-Sonoma

In other news, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the completion of the sale, the chief executive officer now owns 944,666 shares in the company, valued at $196,263,808.16. The trade was a 4.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Williams-Sonoma Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Stockholders of record on Thursday, April 17th will be paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.56%. This is an increase from Williams-Sonoma's previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, April 17th. Williams-Sonoma's payout ratio is currently 29.30%.

Williams-Sonoma Company Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.