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Willamette Valley Vineyards (Willamette Valley Vineyards) Preferred Stock : $42.39 Mil (As of Dec. 2023)


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What is Willamette Valley Vineyards Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Willamette Valley Vineyards's preferred stock for the quarter that ended in Dec. 2023 was $42.39 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Willamette Valley Vineyards's Enterprise Value for the quarter that ended in Dec. 2023 was $91.81 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Willamette Valley Vineyards's Book Value per Share for the quarter that ended in Dec. 2023 was $5.69.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Willamette Valley Vineyards's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.15.


Willamette Valley Vineyards Preferred Stock Historical Data

The historical data trend for Willamette Valley Vineyards's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Willamette Valley Vineyards Preferred Stock Chart

Willamette Valley Vineyards Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.32 25.82 30.96 38.87 42.39

Willamette Valley Vineyards Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.87 39.93 40.44 40.95 42.39

Willamette Valley Vineyards Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Willamette Valley Vineyards  (NAS:WVVI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Willamette Valley Vineyards's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Willamette Valley Vineyards's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Willamette Valley Vineyards's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Willamette Valley Vineyards Preferred Stock Related Terms

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Willamette Valley Vineyards (Willamette Valley Vineyards) Business Description

Traded in Other Exchanges
Address
8800 Enchanted Way, South East, Turner, OR, USA, 97392
Willamette Valley Vineyards Inc produces and sells premium, super-premium, and ultra-premium wines. The grapes are harvested, fermented, and made into wine at the company's Turner winery, and the wines are sold principally under its Willamette Valley Vineyards label and also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue, Natoma, Metis, and Elton labels. It operates under two operating segments, direct sales and distributor sales. Direct sales include retail sales in its tasting room and remote sites, wine club sales, online sales, on-site events, kitchen and catering sales, and other sales made directly to the consumer without the use of an intermediary. Distributor sales include all sales through a third party where prices are given at a wholesale rate.
Executives
James W Bernau director, 10 percent owner, officer: Chief Executive Officer 2545 CLOVERDALE RD SE, TURNER OR 97392
Sarah Alice Rose director 6821 50TH AVE NE, SEATTLE WA 98115
Day Cara Pepper director 1088 SW PRESTWICK CT., WILSONVILLE OR 97070
Stanley G Turel director 604 SE 121ST AVE, C/O ARBOR PARK OFFICE, VANCOUVER WA 98683
John Alphonsus Ferry officer: CFO 15830 FOREST RIDGE LANE NE, SILVERTON OR 97381
Leslie J Copland director 2350 NW SAVIER STREET, UNIT 406, PORTLAND OR 97210
Goward Richard F. Jr. officer: CFO 2623 ABBEY LN. SE, SALEM OR 97317
Heather Westing director 25030 SW PARKWAY AVE, SUITE 300, WILSONVILLE OR 97070
James L Ellis director 7850 SE KING ROAD, MILWAUKIE OR 97222
Craig Alan Smith director 367 SANRODEE DR. SE, SALEM OR 97317
Jonathan J Ricci director C/O JONES SODA CO., 234 9TH AVE. N., SEATTLE WA 98109
O Brien Betty M director 22500 INGRAM LANE NW, SALEM OR 97304
Christopher L Sarles director 2185 SW WINCHESTER, PORTLAND OR 97225-4457
Chris Riccardi 10 percent owner 15 STEDMAN WAY, LOUDONVILLE NY 12211
Delna L. Jones director 39692 CAMINO TEMPLADO, INDIO CA 92203