Shares of John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 208 shares traded hands during trading, an increase of 89% from the previous session's volume of 110 shares.The stock last traded at $38.86 and had previously closed at $38.21.
John Wiley & Sons Stock Performance
The stock's 50-day moving average is $41.04 and its 200 day moving average is $42.08. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.51 and a current ratio of 0.54. The firm has a market cap of $2.03 billion, a P/E ratio of 24.86 and a beta of 0.76.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last released its quarterly earnings data on Tuesday, June 17th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.10. The business had revenue of $442.58 million for the quarter, compared to analysts' expectations of $435.00 million. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%.
John Wiley & Sons Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.7%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, July 8th. John Wiley & Sons's payout ratio is currently 92.81%.
Institutional Trading of John Wiley & Sons
An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,500 shares of the company's stock, valued at approximately $201,000. Institutional investors own 0.49% of the company's stock.
About John Wiley & Sons
(
Get Free Report)
John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.
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