NASDAQ:WENWendys Stock Price, Forecast & News

Wendys' stock was trading at $18.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEN shares have increased by 21.5% and is now trading at $21.89. View which stocks have been most impacted by Coronavirus.

28 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 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wendys.

Wendys is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Wendys.

Wendys Co (NASDAQ:WEN) posted its quarterly earnings results on Wednesday, May, 6th. The restaurant operator reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.01. The restaurant operator earned $404.96 million during the quarter, compared to analysts' expectations of $413.02 million. Wendys had a net margin of 7.01% and a return on equity of 22.37%. The business's quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 EPS. View Wendys' earnings history.

Wendys declared a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 1st will be paid a dividend of $0.05 per share on Monday, June 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Friday, May 29th. View Wendys' dividend history.

28 Wall Street analysts have issued 12 month price targets for Wendys' stock. Their forecasts range from $15.00 to $29.00. On average, they anticipate Wendys' stock price to reach $22.10 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View analysts' price targets for Wendys.

News coverage about WEN stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wendys earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave news articles about the restaurant operator a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days. View the latest news about Wendys.

Wendys saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 7,700,000 shares, a drop of 6.4% from the June 15th total of 8,230,000 shares. Based on an average daily volume of 4,720,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 3.8% of the shares of the company are sold short. View Wendys' Current Options Chain.

Some companies that are related to Wendys include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Texas Roadhouse (TXRH), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN) and Dine Brands Global (DIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wendys investors own include Wolverine World Wide (WWW), Carnival (CCL), Walgreens Boots Alliance (WBA), Xerox (XRX), General Electric (GE), Frontier Communications (FTR), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Conduent (CNDT) and Bank of America (BAC).

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

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 $21.89.

Wendys has a market capitalization of $4.87 billion and generates $1.71 billion in revenue each year. The restaurant operator earns $136.94 million in net income (profit) each year or $0.59 on an earnings per share basis. Wendys employs 13,300 workers across the globe.

The official website for Wendys is 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]