NASDAQ:WEN - Wendys Stock Price, Forecast & News

Wendys trades on the NASDAQ under the ticker symbol "WEN."

Wendys announced a quarterly dividend on Friday, October 11th. Investors of record on Monday, December 2nd will be paid a dividend of $0.12 per share on Monday, December 16th. This represents a $0.48 annualized dividend and a dividend yield of 2.23%. The ex-dividend date is Friday, November 29th. This is an increase from Wendys's previous quarterly dividend of $0.10. View Wendys' Dividend History.

Wendys announced that its board has initiated a stock repurchase program on Wednesday, February 21st 2018, which permits the company to buyback $175,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Wendys Co (NASDAQ:WEN) issued its quarterly earnings data on Wednesday, November, 6th. The restaurant operator reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.04. The restaurant operator earned $437.88 million during the quarter, compared to analyst estimates of $434.45 million. Wendys had a return on equity of 24.72% and a net margin of 7.69%. Wendys's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.17 earnings per share. View Wendys' Earnings History.

Wendys is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Wendys.

Wendys updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $0.58-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.58.

24 equities research analysts have issued 12 month price objectives for Wendys' stock. Their forecasts range from $17.50 to $26.00. On average, they expect Wendys' share price to reach $21.80 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Wendys.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendys in the last year. There are currently 1 sell rating, 13 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wendys.

News coverage about WEN stock has trended neutral recently, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wendys earned a news impact score of 0.4 on InfoTrie's scale. They also gave news articles about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Wendys.

Wendys saw a drop in short interest in the month of November. As of November 29th, there was short interest totalling 13,830,000 shares, a drop of 23.5% from the November 14th total of 18,070,000 shares. Based on an average daily trading volume, of 3,618,600 shares, the short-interest ratio is presently 3.8 days. Currently, 6.5% of the shares of the stock are sold short. View Wendys' Current Options Chain.

Some companies that are related to Wendys include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE), Jack in the Box (JACK), Brinker International (EAT) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wendys investors own include Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Carnival (CCL), Xerox (XRX), Frontier Communications (FTR), General Electric (GE), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Conduent (CNDT) and Andersons (ANDE).

Wendys' stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (2.07%), Massachusetts Financial Services Co. MA (1.26%), Point72 Asset Management L.P. (1.03%), Squarepoint Ops LLC (0.57%), Parametric Portfolio Associates LLC (0.40%) and Man Group plc (0.33%). Company insiders that own Wendys stock include Abigail E Pringle, Edward P Garden, EJ Wunsch, Emil J Brolick, Gunther Plosch, Leigh A Burnside, Matthew H Peltz, Nelson Peltz, Robert D Wright, Todd Allan Penegor, Trian Fund Management, LP and Trian Partners Parallel Fund I. View Institutional Ownership Trends for Wendys.

WEN stock was sold by a variety of institutional investors in the last quarter, including Managed Asset Portfolios LLC, Chicago Equity Partners LLC, State of Alaska Department of Revenue, Shufro Rose & Co. LLC, Millennium Management LLC, Columbus Circle Investors, Voya Investment Management LLC and Castleark Management LLC. Company insiders that have sold Wendys company stock in the last year include Abigail E Pringle, EJ Wunsch, Leigh A Burnside, Matthew H Peltz, Robert D Wright, Todd Allan Penegor and Trian Fund Management, LP. View Insider Buying and Selling for Wendys.

WEN stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Maverick Capital Ltd., Squarepoint Ops LLC, Massachusetts Financial Services Co. MA, Man Group plc, Retirement Systems of Alabama, First Trust Advisors LP and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Wendys.

Shares of WEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WEN stock can currently be purchased for approximately $21.51.

Wendys has a market capitalization of $4.95 billion and generates $1.59 billion in revenue each year. The restaurant operator earns $460.11 million in net income (profit) each year or $0.59 on an earnings per share basis. Wendys employs 12,500 workers across the globe.View Additional Information About Wendys.

The official website for Wendys is http://www.wendys.com/.

Wendys' mailing address is ONE DAVE THOMAS BLVD, DUBLIN OH, 43017. The restaurant operator can be reached via phone at 614-764-3100 or via email at [email protected]