John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) fell 1.5% during mid-day trading on Monday . The stock traded as low as $42.47 and last traded at $43.49. 508 shares were traded during trading, a decline of 42% from the average session volume of 877 shares. The stock had previously closed at $44.16.
John Wiley & Sons Stock Down 0.9%
The firm has a market capitalization of $2.25 billion, a PE ratio of 27.51 and a beta of 0.71. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average of $42.22 and a two-hundred day moving average of $42.46.
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 analyst estimates 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th will be paid a dividend of $0.355 per share. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.42 annualized dividend and a yield of 3.37%. The ex-dividend date is Tuesday, July 8th. John Wiley & Sons's payout ratio is currently 92.81%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new position in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,500 shares of the company's stock, valued at approximately $201,000. Hedge funds and other institutional investors own 0.49% of the company's stock.
John Wiley & Sons Company Profile
(
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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