John Wiley & Sons (NYSE:WLYB) Issues Earnings Results

Key Points

• John Wiley & Sons reported quarterly EPS of $0.44, beating the consensus estimate of $0.40 by $0.04. The company posted a 13.22% net margin and 29.01% return on equity.
• The company increased its quarterly dividend to $0.3575 per share, equal to $1.43 annually and a 2.7% yield; its payout ratio is 33.81%.
• Analyst sentiment remained neutral, with Weiss Ratings reiterating a “Hold” rating and MarketBeat showing a consensus “Hold” recommendation.

John Wiley & Sons (NYSE:WLYB - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04, Zacks reports. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%.

John Wiley & Sons Price Performance

WLYB opened at $52.94 on Thursday. The company has a market capitalization of $2.69 billion, a PE ratio of 12.52 and a beta of 0.55. John Wiley & Sons has a 52 week low of $29.16 and a 52 week high of $55.51. The firm has a 50-day simple moving average of $51.56 and a two-hundred day simple moving average of $43.41. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.79.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were given a dividend of $0.3575 per share. The ex-dividend date was Tuesday, July 7th. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.43 dividend on an annualized basis and a yield of 2.7%. John Wiley & Sons's dividend payout ratio (DPR) is 33.81%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of John Wiley & Sons in a research note on Friday, July 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, John Wiley & Sons has a consensus rating of "Hold".

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley's operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.

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