John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $44.16, but opened at $42.47. John Wiley & Sons shares last traded at $42.69, with a volume of 508 shares.
John Wiley & Sons Stock Performance
The firm's 50 day moving average is $41.87 and its two-hundred day moving average is $42.38. The stock has a market capitalization of $2.10 billion, a PE ratio of 25.70 and a beta of 0.71. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.51 and a current ratio of 0.54.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.10. The firm had revenue of $442.58 million for 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Tuesday, July 8th will be given 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 3.61%. The ex-dividend date of this dividend is Tuesday, July 8th. John Wiley & Sons's dividend payout ratio (DPR) is presently 92.81%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC bought a new stake in John Wiley & Sons, Inc. (NYSE:WLYB - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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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