About Wisdom Tree Investments (NASDAQ:WETF)
WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology. In addition, the company provides investment advisory services. The company was founded in 1985 and is based in New York, New York.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
Trailing P/E Ratio45.08
Forward P/E Ratio29.24
Sales & Book Value
Annual Sales$237.40 million
Price / Sales6.98
Cash Flow$0.2451 per share
Price / Cash44.15
Book Value$1.41 per share
Price / Book7.67
EPS (Most Recent Fiscal Year)$0.24
Net Income$27.19 million
Return on Equity18.28%
Return on Assets14.82%
Wisdom Tree Investments (NASDAQ:WETF) Frequently Asked Questions
What is Wisdom Tree Investments' stock symbol?
Wisdom Tree Investments trades on the NASDAQ under the ticker symbol "WETF."
How often does Wisdom Tree Investments pay dividends? What is the dividend yield for Wisdom Tree Investments?
Wisdom Tree Investments declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Wednesday, May 9th will be given a dividend of $0.03 per share on Wednesday, May 23rd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Tuesday, May 8th. View Wisdom Tree Investments' Dividend History.
How were Wisdom Tree Investments' earnings last quarter?
Wisdom Tree Investments Inc (NASDAQ:WETF) issued its earnings results on Friday, April, 27th. The asset manager reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The asset manager had revenue of $59.61 million for the quarter, compared to analyst estimates of $59.32 million. Wisdom Tree Investments had a net margin of 12.27% and a return on equity of 18.28%. The business's quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share. View Wisdom Tree Investments' Earnings History.
When is Wisdom Tree Investments' next earnings date?
What price target have analysts set for WETF?
10 Wall Street analysts have issued 12 month target prices for Wisdom Tree Investments' stock. Their forecasts range from $8.50 to $15.00. On average, they expect Wisdom Tree Investments' share price to reach $11.75 in the next year. View Analyst Ratings for Wisdom Tree Investments.
Are investors shorting Wisdom Tree Investments?
Wisdom Tree Investments saw a decrease in short interest in May. As of May 31st, there was short interest totalling 9,131,094 shares, a decrease of 12.1% from the May 15th total of 10,390,733 shares. Based on an average daily trading volume, of 1,212,122 shares, the short-interest ratio is presently 7.5 days. Approximately 7.9% of the shares of the stock are sold short.
Who are some of Wisdom Tree Investments' key competitors?
Some companies that are related to Wisdom Tree Investments include Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Investment Technology Group (ITG), Greenhill & Co., Inc. (GHL), Cowen Inc Class A (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC) and Global Arena (GAHC).
Who are Wisdom Tree Investments' key executives?
Wisdom Tree Investments' management team includes the folowing people:
- Mr. Jonathan Laurence Steinberg J.D., CEO, Pres & Director (Age 54)
- Mr. Amit Muni CPA, Exec. VP of Fin. & CFO (Age 49)
- Mr. Peter Michael Ziemba, Exec. VP of Bus. & Legal Affairs, Sr. Advisor to the CEO and Chief Admin. Officer (Age 60)
- Mr. Robert Jarrett Lilien, Exec. VP & Head of Emerging Technologies (Age 56)
- Mr. Kurt MacAlpine, Exec. VP & Head of Global Distribution (Age 36)
Has Wisdom Tree Investments been receiving favorable news coverage?
Media coverage about WETF stock has been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wisdom Tree Investments earned a media sentiment score of 0.45 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 43.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Wisdom Tree Investments' major shareholders?
Wisdom Tree Investments' stock is owned by a number of of retail and institutional investors. Top institutional investors include ETF SECURITIES LTD (9.90%), BlackRock Inc. (8.85%), Dimensional Fund Advisors LP (2.05%), Northern Trust Corp (1.04%), Massachusetts Financial Services Co. MA (0.95%) and Granite Investment Partners LLC (0.95%). Company insiders that own Wisdom Tree Investments stock include Anthony Bossone, Bruce I Lavine, David J Abner, Frank Salerno, Jonathan L Steinberg, Kurt Macalpine and Michael H Steinhardt. View Institutional Ownership Trends for Wisdom Tree Investments.
Which institutional investors are selling Wisdom Tree Investments stock?
WETF stock was sold by a variety of institutional investors in the last quarter, including Sei Investments Co., Wells Fargo & Company MN, Robeco Institutional Asset Management B.V., AGF Investments Inc., JPMorgan Chase & Co., Trexquant Investment LP, GSA Capital Partners LLP and South Dakota Investment Council. Company insiders that have sold Wisdom Tree Investments company stock in the last year include Bruce I Lavine, David J Abner, Frank Salerno, Jonathan L Steinberg and Michael H Steinhardt. View Insider Buying and Selling for Wisdom Tree Investments.
Which institutional investors are buying Wisdom Tree Investments stock?
WETF stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Dimensional Fund Advisors LP, Royal Bank of Canada, Millennium Management LLC, BlackRock Inc., Susquehanna Fundamental Investments LLC, Interval Partners LP and Hsbc Holdings PLC. Company insiders that have bought Wisdom Tree Investments stock in the last two years include Anthony Bossone, Jonathan L Steinberg and Kurt Macalpine. View Insider Buying and Selling for Wisdom Tree Investments.
How do I buy shares of Wisdom Tree Investments?
Shares of WETF 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, Scottrade, Fidelity and Charles Schwab.
What is Wisdom Tree Investments' stock price today?
One share of WETF stock can currently be purchased for approximately $10.82.
How big of a company is Wisdom Tree Investments?
Wisdom Tree Investments has a market capitalization of $1.66 billion and generates $237.40 million in revenue each year. The asset manager earns $27.19 million in net income (profit) each year or $0.24 on an earnings per share basis. Wisdom Tree Investments employs 204 workers across the globe.
How can I contact Wisdom Tree Investments?
Wisdom Tree Investments' mailing address is 245 Park Avenue 35th Floor, New York NY, 10167. The asset manager can be reached via phone at 212-801-2080 or via email at [email protected]
MarketBeat Community Rating for Wisdom Tree Investments (WETF)MarketBeat's community ratings are surveys of what our community members think about Wisdom Tree Investments and other stocks. Vote "Outperform" if you believe WETF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WETF will underperform the S&P 500 over the long term. You may vote once every thirty days.