WisdomTree Investments (WETF) Stock Price, News & Analysis

WisdomTree Investments, Inc. (NASDAQ:WETF) posted its quarterly earnings data on Thursday, October, 28th. The asset manager reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The asset manager had revenue of $78.10 million for the quarter, compared to analysts' expectations of $77.65 million. WisdomTree Investments had a trailing twelve-month return on equity of 18.11% and a net margin of 29.35%. The business's revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 earnings per share.

WisdomTree Investments (NASDAQ:WETF) pays an annual dividend of $0.12 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WETF will have a dividend payout ratio of 52.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WETF.

WisdomTree Investments's stock reverse split before market open on Thursday, March 24th 2022. The 1-2 reverse split was announced on Thursday, March 24th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, March 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

11 employees have rated WisdomTree Investments Chief Executive Officer Jono Steinberg on Glassdoor.com. Jono Steinberg has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other WisdomTree Investments investors own include Ford Motor (F), AT&T (T), Activision Blizzard (ATVI), Nutanix (NTNX), AbbVie (ABBV), Walt Disney (DIS), General Electric (GE), Gilead Sciences (GILD), OPKO Health (OPK) and Pfizer (PFE).