Wendy's (WEN) Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last twelve months. There are currently 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.
View WEN analyst ratings or view top-rated stocks.

17 brokerages have issued twelve-month price targets for Wendy's' shares. Their WEN share price forecasts range from $22.00 to $31.00. On average, they anticipate the company's stock price to reach $25.29 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price.
View analysts price targets for WEN or view top-rated stocks among Wall Street analysts.

Wendy's' stock was trading at $22.63 at the beginning of 2023. Since then, WEN stock has decreased by 9.8% and is now trading at $20.41.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our WEN earnings forecast.

The Wendy's Company (NASDAQ:WEN) announced its quarterly earnings data on Wednesday, August, 9th. The restaurant operator reported $0.28 EPS for the quarter, meeting analysts' consensus estimates of $0.28. The restaurant operator had revenue of $561.57 million for the quarter, compared to analysts' expectations of $566.24 million. Wendy's had a net margin of 8.86% and a trailing twelve-month return on equity of 47.23%. The business's revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 EPS.

Wendy's declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, September 1st will be given a dividend of $0.25 per share on Friday, September 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for WEN.

ETFs with the largest weight of Wendy's (NASDAQ:WEN) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), UVA Dividend Value ETF (UVDV) and LeaderShares Activist Leaders ETF (ACTV).AdvisorShares Restaurant ETF (EATZ).

Wendy's (NASDAQ:WEN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.90%. 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 111.11%. 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 issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.95-$1.00 for the period, compared to the consensus EPS estimate of $0.98. 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

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

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 $20.41.

Wendy's (NASDAQ:WEN) has a market capitalization of $4.27 billion and generates $2.10 billion in revenue each year. The restaurant operator earns $177.37 million in net income (profit) each year or $0.90 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.