Shares of John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) traded down 1.5% on Monday . The stock traded as low as $42.47 and last traded at $43.49. 508 shares were traded during mid-day 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 7.2%
The firm has a market capitalization of $2.11 billion, a PE ratio of 25.77 and a beta of 0.71. The firm's 50 day moving average price is $41.96 and its two-hundred day moving average price is $42.41. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.05.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $435.00 million. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%.
John Wiley & Sons Increases Dividend
The business 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 represents a $1.42 dividend on an annualized basis and a yield of 3.60%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date is Tuesday, July 8th. John Wiley & Sons's dividend payout ratio is 92.81%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC acquired a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,500 shares of the company's stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors.
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.
See Also
Before you consider John Wiley & Sons, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John Wiley & Sons wasn't on the list.
While John Wiley & Sons currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
