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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Friday, November 29th. This is a boost from Wendys's previous quarterly dividend of $0.10. View Wendys' Dividend History.

Wendys announced that its Board of Directors has initiated a stock buyback plan on Wednesday, February 21st 2018, which allows the company to buyback $175,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its shares are undervalued.

Wendys Co (NASDAQ:WEN) announced its earnings results on Wednesday, November, 6th. The restaurant operator reported $0.19 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.04. The restaurant operator earned $437.88 million during the quarter, compared to the consensus estimate of $434.45 million. Wendys had a net margin of 7.69% and a return on equity of 24.72%. Wendys's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 EPS. 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 earnings per share (EPS) guidance of $0.58-0.60 for the period, compared to the Thomson Reuters consensus estimate of $0.58.

23 brokerages have issued 1-year target prices for Wendys' shares. Their forecasts range from $17.50 to $26.00. On average, they anticipate Wendys' share price to reach $21.79 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Wendys.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendys in the last year. There are currently 1 sell rating, 12 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wendys.

Media stories about WEN stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news stories about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Wendys.

Wendys saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 13,920,000 shares, an increase of 10.7% from the September 30th total of 12,570,000 shares. Based on an average daily volume of 3,600,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 6.5% of the company's shares are short sold. 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), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE), Papa John's Int'l (PZZA), 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 retail and institutional 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 purchased 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 $21.56.

Wendys has a market capitalization of $4.96 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]