NASDAQ:WEN - Wendys Stock Price, Forecast & News

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

Wendys declared 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 yield of 2.23%. The ex-dividend date of this dividend is Friday, November 29th. This is an increase from Wendys's previous quarterly dividend of $0.10. View Wendys' Dividend History.

Wendys declared that its Board of Directors has approved a share buyback plan on Wednesday, February 21st 2018, which allows the company to repurchase $175,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually an indication 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 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. The restaurant operator had revenue of $437.88 million for the quarter, compared to the consensus estimate of $434.45 million. Wendys had a return on equity of 24.72% and a net margin of 7.69%. The business's revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company 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 issued an update on 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 Wall Street analysts have issued 12 month price targets for Wendys' stock. Their forecasts range from $17.50 to $26.00. On average, they anticipate Wendys' stock 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.

News coverage about WEN stock has trended extremely negative on Saturday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wendys earned a media sentiment score of -4.0 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 company's share price in the next few days. View News Stories for Wendys.

Wendys saw a increase in short interest during 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 short-interest ratio is currently 3.9 days. Currently, 6.5% of the company's stock 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), Papa John's Int'l (PZZA), 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 a number of 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 acquired 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]