Wendy's - WEN Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WEN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEN, but not buy additional shares or sell existing shares.
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17 brokers have issued twelve-month price targets for Wendy's' shares. Their WEN share price forecasts range from $21.00 to $29.00. On average, they anticipate the company's share price to reach $24.97 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price.
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Wendy's' stock was trading at $22.63 at the beginning of the year. Since then, WEN stock has decreased by 7.1% and is now trading at $21.02.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our WEN earnings forecast.

The Wendy's Company (NASDAQ:WEN) released its earnings results on Wednesday, March, 1st. The restaurant operator reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. The restaurant operator had revenue of $536.50 million for the quarter, compared to analyst estimates of $534.06 million. Wendy's had a trailing twelve-month return on equity of 41.86% and a net margin of 8.46%. The company's revenue was up 13.4% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS.

Wendy's declared a quarterly dividend on Friday, January 13th. Investors of record on Wednesday, March 1st will be paid a dividend of $0.25 per share on Wednesday, March 15th. This represents a $1.00 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Tuesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for WEN.

ETFs with the largest weight of Wendy's (NASDAQ:WEN) stock in their portfolio include Aztlan Global Stock Selection DM SMID ETF (AZTD), AdvisorShares Restaurant ETF (EATZ), UVA Dividend Value ETF (UVDV), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Syntax Stratified MidCap ETF (SMDY), First Trust Mid Cap Growth AlphaDEX Fund (FNY), iShares Select Dividend ETF (DVY) and Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC).

Wendy's (NASDAQ:WEN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.81%. WEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 121.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, WEN will have a dividend payout ratio of 90.09% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for WEN.

Wendy's updated its FY 2023 earnings guidance on Wednesday, March, 1st. The company provided earnings per share (EPS) guidance of $0.95-$1.00 for the period, compared to the consensus earnings per share estimate of $1.00. The company issued revenue guidance of -.

827 employees have rated Wendy's Chief Executive Officer Todd Penegor on Glassdoor.com. Todd Penegor has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wendy's investors own include Wolverine World Wide (WWW), Carnival Co. & (CCL), Walgreens Boots Alliance (WBA), Xerox (XRX), General Electric (GE), Frontier Communications (FTR), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Bank of America (BAC) and Conduent (CNDT).

Wendy's trades on the NASDAQ under the ticker symbol "WEN."

Wendy's' stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.74%), Allspring Global Investments Holdings LLC (2.41%), Dimensional Fund Advisors LP (1.89%), Price T Rowe Associates Inc. MD (1.27%), Geode Capital Management LLC (1.15%) and Macquarie Group Ltd. (1.10%). Insiders that own company stock include Abigail E Pringle, Dennis M Kass, Edward P Garden, EJ Wunsch, Gunther Plosch, Kurt A Kane, Leigh A Burnside, Liliana Esposito, Matthew H Peltz, Nelson Peltz, Todd Allan Penegor and Trian Fund Management, LP.
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Shares of WEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WEN stock can currently be purchased for approximately $21.02.

Wendy's (NASDAQ:WEN) has a market capitalization of $4.47 billion and generates $2.10 billion in revenue each year. The restaurant operator earns $177.37 million in net income (profit) each year or $0.82 on an earnings per share basis.

The company employs 14,500 workers across the globe.

Wendy's' mailing address is ONE DAVE THOMAS BLVD, DUBLIN OH, 43017. The official website for the company is www.wendys.com. The restaurant operator can be reached via phone at (614) 764-3100, via email at investorrelations@wendys.com, or via fax at 678-514-5344.