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. Shareholders of record on Monday, December 2nd will be given a dividend of $0.12 per share on Monday, December 16th. This represents a $0.48 dividend on an annualized basis and a yield of 2.21%. 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 declared that its board has initiated a stock buyback program on Wednesday, February 21st 2018, which allows the company to repurchase $175,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Wendys Co (NASDAQ:WEN) posted its quarterly earnings data on Wednesday, November, 6th. The restaurant operator reported $0.19 earnings per share for the quarter, topping the Thomson Reuters' 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 earnings per share guidance of $0.58-0.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.58.

24 equities research 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 $21.98 in the next year. 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.

Headlines about WEN stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wendys earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news 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 increase in short interest in December. As of December 31st, there was short interest totalling 13,990,000 shares, an increase of 11.3% from the December 15th total of 12,570,000 shares. Based on an average daily volume of 2,910,000 shares, the days-to-cover ratio is currently 4.8 days. Currently, 6.6% of the company's 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), Jack in the Box (JACK), Cheesecake Factory (CAKE), 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 Gateway Investment Advisers LLC (0.09%), CenturyLink Investment Management Co (0.02%), Huntington National Bank (0.02%), State of Alaska Department of Revenue (0.01%), 6 Meridian (0.01%) and Boenning & Scattergood Inc. (0.01%). 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 Gateway Investment Advisers LLC, CenturyLink Investment Management Co, Huntington National Bank, State of Alaska Department of Revenue and Boenning & Scattergood Inc.. 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 Creative Financial Designs Inc. ADV and 6 Meridian. 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 $21.69.

Wendys has a market capitalization of $4.99 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]