Wendy's - WEN Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last twelve months. There are currently 10 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 1 year price targets for Wendy's' stock. Their WEN share price forecasts range from $20.00 to $29.00. On average, they predict the company's stock price to reach $24.53 in the next twelve months. This suggests a possible upside of 8.9% 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 0.5% and is now trading at $22.52.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our WEN earnings forecast.

Wendy's will be holding an earnings conference call on Wednesday, March 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

The Wendy's Company (NASDAQ:WEN) released its quarterly earnings results on Wednesday, November, 10th. The restaurant operator reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.01. The restaurant operator had revenue of $470.26 million for the quarter, compared to the consensus estimate of $471.05 million. Wendy's had a net margin of 9.26% and a trailing twelve-month return on equity of 39.75%. During the same period in the prior year, the company posted $0.19 earnings per share.

Wendy's announced a quarterly dividend on Friday, January 13th. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.25 per share on Wednesday, March 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date is Tuesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for WEN.

Wendy's (NASDAQ:WEN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.22%. 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 57.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEN will have a dividend payout ratio of 51.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WEN.

Wendy's updated its FY 2022 earnings guidance on Saturday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.69 billion-$1.69 billion, compared to the consensus revenue estimate of $2.08 billion.

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

Wendy's' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.41%), Assenagon Asset Management S.A. (0.86%), Horizon Kinetics Asset Management LLC (0.58%), Swiss National Bank (0.21%), State Board of Administration of Florida Retirement System (0.11%) and New York State Teachers Retirement System (0.11%). Insiders that own company stock include Abigail E Pringle, Dennis M Kass, Edward P Garden, EJ Wunsch, Gunther Plosch, Kurt A Kane, Leigh A Burnside, 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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One share of WEN stock can currently be purchased for approximately $22.52.

Wendy's (NASDAQ:WEN) has a market capitalization of $4.80 billion and generates $1.90 billion in revenue each year. The restaurant operator earns $200.39 million in net income (profit) each year or $0.87 on an earnings per share basis.

The company employs 14,500 workers across the globe.

Wendy's' mailing address is ONE DAVE THOMAS BLVD, DUBLIN OH, 43017. The official website for the company is www.wendys.com. The restaurant operator can be reached via phone at (614) 764-3100, via email at investorrelations@wendys.com, or via fax at 678-514-5344.