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. Shareholders 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 yield of 2.21%. 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 announced that its Board of Directors has approved a stock buyback 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 buy up to 4.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its shares are undervalued.

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

24 analysts have issued 1-year target prices for Wendys' stock. Their forecasts range from $17.50 to $26.00. On average, they expect Wendys' share price to reach $21.98 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.

Media stories about WEN stock have trended somewhat positive on Monday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wendys earned a news impact score of 1.7 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Wendys.

Wendys saw a increase in short interest in the month of 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 trading volume, of 2,910,000 shares, the days-to-cover ratio is presently 4.8 days. Currently, 6.6% 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), 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 shareholders 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]