Brokers Offer Predictions for WisdomTree FY2025 Earnings

WisdomTree, Inc. (NYSE:WT - Free Report) - Research analysts at Northland Capmk boosted their FY2025 earnings estimates for shares of WisdomTree in a note issued to investors on Monday, June 2nd. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of $0.70 per share for the year, up from their previous estimate of $0.69. The consensus estimate for WisdomTree's current full-year earnings is $0.72 per share.

Separately, The Goldman Sachs Group lowered their target price on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, WisdomTree has a consensus rating of "Hold" and a consensus target price of $12.42.

WisdomTree Stock Performance

NYSE WT traded up $0.13 during trading on Tuesday, reaching $9.90. The company's stock had a trading volume of 871,886 shares, compared to its average volume of 1,567,648. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 31.95 and a beta of 1.11. WisdomTree has a twelve month low of $7.47 and a twelve month high of $12.45. The business's fifty day moving average price is $8.95 and its 200-day moving average price is $9.61.

WisdomTree (NYSE:WT - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting analysts' consensus estimates of $0.16. The company had revenue of $108.08 million for the quarter, compared to analyst estimates of $108.47 million. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. WisdomTree's quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 earnings per share.

Institutional Trading of WisdomTree

Institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in shares of WisdomTree by 201.3% in the third quarter. Barclays PLC now owns 268,668 shares of the company's stock valued at $2,684,000 after purchasing an additional 179,493 shares in the last quarter. KBC Group NV grew its stake in WisdomTree by 48.4% during the fourth quarter. KBC Group NV now owns 7,792 shares of the company's stock worth $82,000 after buying an additional 2,540 shares during the period. Caas Capital Management LP grew its stake in WisdomTree by 73.8% during the fourth quarter. Caas Capital Management LP now owns 129,184 shares of the company's stock worth $1,356,000 after buying an additional 54,863 shares during the period. Caitlin John LLC grew its stake in WisdomTree by 2.9% during the fourth quarter. Caitlin John LLC now owns 176,052 shares of the company's stock worth $1,849,000 after buying an additional 4,936 shares during the period. Finally, Tobam grew its stake in WisdomTree by 61.1% during the fourth quarter. Tobam now owns 38,178 shares of the company's stock worth $401,000 after buying an additional 14,473 shares during the period. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Wednesday, May 14th. WisdomTree's dividend payout ratio is currently 34.29%.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.