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

18 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 7 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.
View WEN analyst ratings or view top-rated stocks.

18 Wall Street research analysts have issued 1-year target prices for Wendy's' shares. Their WEN share price forecasts range from $21.00 to $29.00. On average, they predict the company's share price to reach $25.44 in the next twelve months. This suggests a possible upside of 13.3% 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 start of the year. Since then, WEN shares have decreased by 0.8% and is now trading at $22.45.
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Wendy's saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,860,000 shares, an increase of 18.5% from the April 30th total of 5,790,000 shares. Based on an average daily trading volume, of 3,130,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 3.6% of the company's shares are short sold.
View Wendy's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our WEN earnings forecast.

The Wendy's Company (NASDAQ:WEN) released its quarterly earnings data on Wednesday, May, 10th. The restaurant operator reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The restaurant operator earned $528.81 million during the quarter, compared to analysts' expectations of $525.77 million. Wendy's had a net margin of 8.42% and a trailing twelve-month return on equity of 44.37%.

Wendy's declared a quarterly dividend on Wednesday, May 10th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.25 per share on Thursday, June 15th. This represents a $1.00 annualized dividend and a yield of 4.45%. The ex-dividend date of this dividend is Wednesday, May 31st.
Read our dividend analysis for WEN.

ETFs with the largest weight of Wendy's (NASDAQ:WEN) stock in their portfolio include Adaptiv Select ETF (ADPV), UVA Dividend Value ETF (UVDV), AdvisorShares Restaurant ETF (EATZ), First Trust Mid Cap Growth AlphaDEX Fund (FNY), iShares Select Dividend ETF (DVY), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL), Syntax Stratified MidCap ETF (SMDY) 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 4.50%. 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 119.05%. 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 89.29% 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 Friday, May, 12th. The company provided earnings per share 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."

Wendy's' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.62%), JPMorgan Chase & Co. (2.84%), Allspring Global Investments Holdings LLC (2.44%), State Street Corp (2.33%), Charles Schwab Investment Management Inc. (2.16%) and Dimensional Fund Advisors LP (1.93%). Insiders that own company stock include Abigail E Pringle, Dennis M Kass, Edward P Garden, EJ Wunsch, Gunther Plosch, Kurt A Kane, 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 $22.45.

Wendy's (NASDAQ:WEN) has a market capitalization of $4.73 billion and generates $2.10 billion in revenue each year. The restaurant operator earns $177.37 million in net income (profit) each year or $0.84 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.