Wendy's Stock Price, News & Analysis (NASDAQ:WEN)

17 Wall Street equities 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 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 Wall Street analysts have issued twelve-month price targets for Wendy's' stock. Their WEN share price targets range from $20.00 to $31.00. On average, they predict the company's share price to reach $24.37 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price.
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Wendy's' stock was trading at $22.63 at the beginning of 2023. Since then, WEN stock has decreased by 12.9% and is now trading at $19.70.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our WEN earnings forecast.

The Wendy's Company (NASDAQ:WEN) posted its quarterly earnings results on Thursday, November, 2nd. The restaurant operator reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The restaurant operator had revenue of $550.56 million for the quarter, compared to analyst estimates of $554.98 million. Wendy's had a net margin of 9.13% and a trailing twelve-month return on equity of 51.44%.

Wendy's declared a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, December 1st will be paid a dividend of $0.25 per share on Friday, December 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for WEN.

Wendy's (NASDAQ:WEN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.12%. 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 106.38%. 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.

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 updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $0.95-1.00 for the period, compared to the consensus estimate of $0.98.

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' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Trian Fund Management L.P. (16.17%), Massachusetts Financial Services Co. MA (5.21%), JPMorgan Chase & Co. (2.83%), Allspring Global Investments Holdings LLC (2.52%), Charles Schwab Investment Management Inc. (2.23%) and Royal Bank of Canada (1.56%). Insiders that own company stock include Abigail E Pringle, 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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