About WisdomTree Investments (NASDAQ:WETF)
WisdomTree Investments, Inc. is an asset management company that focuses on exchange-traded funds (ETFs). The Company's family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan. These activities are reported in its U.S. Business segment that comprises its the United States business and Japan sales office, which primarily engages in selling its United States listed ETFs to Japanese institutions, and International Business segment, that comprises its European business and Canadian business. Its United States listed products include International Hedged Equity ETFs, Equity ETFs, Fixed Income ETFs, Currency ETFs, Alternative Strategy ETFs and Commodity ETFs. Its portfolio of Non-the United States listed products include WisdomTree UCITS ETFs, Boost ETPs and Canadian ETFs.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Management
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NASDAQ:WETF
- CUSIP: 97717P10
- Web: www.wisdomtree.com
- Market Cap: $1.53 billion
- Outstanding Shares: 134,632,000
- 50 Day Moving Avg: $9.89
- 200 Day Moving Avg: $9.60
- 52 Week Range: $7.87 - $13.32
Sales & Book Value:
- Trailing P/E Ratio: 51.86
- Foreward P/E Ratio: 34.36
- P/E Growth: 1.02
- Annual Revenue: $212.91 million
- Price / Sales: 7.17
- Book Value: $1.50 per share
- Price / Book: 7.56
- Annual Dividend: $0.32
- Dividend Yield: 2.8%
- EBITDA: $55.1 million
- Net Margins: 13.33%
- Return on Equity: 15.41%
- Return on Assets: 12.78%
- Current Ratio: 4.53%
- Quick Ratio: 3.17%
- Average Volume: 1.30 million shs.
- Beta: 3.15
- Short Ratio: 17.8
Frequently Asked Questions for WisdomTree Investments (NASDAQ:WETF)
What is WisdomTree Investments' stock symbol?
WisdomTree Investments trades on the NASDAQ under the ticker symbol "WETF."
How often does WisdomTree Investments pay dividends? What is the dividend yield for WisdomTree Investments?
WisdomTree Investments declared a quarterly dividend on Friday, July 28th. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.08 per share on Wednesday, August 23rd. This represents a $0.32 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend is Monday, August 7th. View WisdomTree Investments' Dividend History.
How were WisdomTree Investments' earnings last quarter?
WisdomTree Investments, Inc. (NASDAQ:WETF) issued its quarterly earnings data on Friday, July, 28th. The company reported $0.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.02. The company earned $63.40 million during the quarter, compared to analysts' expectations of $57.27 million. WisdomTree Investments had a net margin of 13.33% and a return on equity of 15.41%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 EPS. View WisdomTree Investments' Earnings History.
When will WisdomTree Investments make its next earnings announcement?
Where is WisdomTree Investments' stock going? Where will WisdomTree Investments' stock price be in 2017?
9 brokerages have issued 12-month price targets for WisdomTree Investments' stock. Their predictions range from $8.00 to $14.00. On average, they anticipate WisdomTree Investments' share price to reach $10.88 in the next twelve months. View Analyst Ratings for WisdomTree Investments.
Are investors shorting WisdomTree Investments?
WisdomTree Investments saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 27,778,235 shares, an increase of 5.1% from the September 15th total of 26,421,633 shares. Based on an average daily trading volume, of 1,419,799 shares, the short-interest ratio is presently 19.6 days. Currently, 24.3% of the shares of the stock are sold short.
Who are some of WisdomTree Investments' key competitors?
Some companies that are related to WisdomTree Investments include Artisan Partners Asset Management (APAM), Jupiter Fund Management PLC (JUP), Ashmore Group plc (ASHM), AllianceBernstein Holding L.P. (AB), Financial Engines (FNGN), The Carlyle Group L.P. (CG), Cohen & Steers (CNS), OM Asset Management PLC (OMAM), Ares Management L.P. (ARES), Rathbone Brothers plc (RAT), Hamilton Lane (HLNE), Brewin Dolphin Holdings plc (BRW), Virtus Investment Partners (VRTS), Pzena Investment Management (PZN), Polar Capital Holdings plc (POLR), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO) and Premier Asset Management Group PLC (PAM).
Who are WisdomTree Investments' key executives?
WisdomTree Investments' management team includes the folowing people:
- Jonathan Lawrence Steinberg, President, Chief Executive Officer, Director
- Amit Muni, Chief Financial Officer, Executive Vice President - Finance
- Gregory E. Barton J.D., Chief Operating Officer, Executive Vice President - Operations
- Kurt MacAlpine, Executive Vice President - Head of Global Distribution and Chief Distribution Officer
- Luciano Siracusano III, Executive Vice President - Chief Investment Strategist
- Peter M. Ziemba, Executive Vice President - Business and Legal Affairs, Chief Legal Officer
- Michael H. Steinhardt, Non-Executive Independent Chairman of the Board
- Frank D. Salerno, Lead Independent Director
- Bruce I. Lavine, Director
- Steven L. Begleiter, Independent Director
Who owns WisdomTree Investments stock?
WisdomTree Investments' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.19%) and Alpha Cubed Investments LLC (0.01%). Company insiders that own WisdomTree Investments stock include Anthony Bossone, Bruce I Lavine, Jonathan L Steinberg and Michael H Steinhardt. View Institutional Ownership Trends for WisdomTree Investments.
Who sold WisdomTree Investments stock? Who is selling WisdomTree Investments stock?
How do I buy WisdomTree Investments stock?
Shares of WisdomTree Investments can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is WisdomTree Investments' stock price today?
MarketBeat Community Rating for WisdomTree Investments (NASDAQ WETF)MarketBeat's community ratings are surveys of what our community members think about WisdomTree Investments and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of WisdomTree Investments stock can currently be purchased for approximately $11.34.
Consensus Ratings for WisdomTree Investments (NASDAQ:WETF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 1 Hold Rating, 5 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.22)|
|Consensus Price Target: ||$10.88 (4.10% downside)|Consensus Price Target History for WisdomTree Investments (NASDAQ:WETF)
Analysts' Ratings History for WisdomTree Investments (NASDAQ:WETF)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Deutsche Bank AG||Initiated Coverage||Buy||$13.00||N/A|
|10/12/2017||Keefe, Bruyette & Woods||Reiterated Rating||Sell||$10.00||N/A|
|9/7/2017||Jefferies Group LLC||Reiterated Rating||Buy||$14.00||Low|
|7/30/2017||Northland Securities||Reiterated Rating||Hold||$10.50||Medium|
|5/15/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$10.50||High|
|3/15/2017||Goldman Sachs Group, Inc. (The)||Boost Price Target||Sell||$7.00 -> $8.00||Low|
|12/16/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||$10.00||N/A|
|12/10/2016||Credit Suisse Group||Reiterated Rating||Outperform||N/A|
|5/26/2016||Morgan Stanley||Reiterated Rating||Equal Weight||N/A|
|2/8/2016||Piper Jaffray Companies||Reiterated Rating||Overweight||$21.00 -> $18.00||N/A|
|1/29/2016||Northcoast Research||Initiated Coverage||Neutral||N/A|
|1/22/2016||William Blair||Reiterated Rating||Hold||N/A|
|12/22/2015||Susquehanna Bancshares Inc||Lower Price Target||Neutral||$19.00 -> $16.00||N/A|
Earnings History for WisdomTree Investments (NASDAQ:WETF)Earnings History by Quarter for WisdomTree Investments (NASDAQ WETF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/28/2017||Q2 2017||$0.07||$0.09||$57.27 million||$63.40 million||View||N/A|
|4/28/2017||Q1 2017||$0.04||$0.05||$53.38 million||$54.60 million||View||N/A|
|2/3/2017||Q416||$0.06||$0.03||$50.85 million||$50.80 million||View||N/A|
|10/28/2016||Q316||$0.06||$0.06||$51.09 million||$51.80 million||View||Listen|
|7/29/2016||Q216||$0.03||$0.07||$55.01 million||$55.98 million||View||Listen|
|4/29/2016||Q1||$0.09||$0.09||$60.69 million||$60.90 million||View||Listen|
|2/5/2016||Q415||$0.15||$0.15||$73.98 million||$76.50 million||View||N/A|
|10/30/2015||Q315||$0.17||$0.17||$82.28 million||$80.80 million||View||Listen|
|7/31/2015||Q215||$0.17||$0.18||$81.35 million||$81.56 million||View||Listen|
|5/1/2015||Q115||$0.10||$0.10||$59.76 million||$60.10 million||View||Listen|
|2/6/2015||Q414||$0.09||$0.07||$48.30 million||$49.60 million||View||N/A|
|10/31/2014||Q314||$0.08||$0.09||$46.50 million||$47.10 million||View||Listen|
|8/1/2014||Q214||$0.07||$0.08||$43.88 million||$44.13 million||View||Listen|
|5/2/2014||Q114||$0.11||$0.12||$43.66 million||$42.90 million||View||Listen|
|1/31/2014||Q413||$0.12||$0.12||$42.79 million||$43.20 million||View||Listen|
|10/25/2013||Q313||$0.09||$0.11||$39.24 million||$39.60 million||View||N/A|
|7/26/2013||Q2 2013||$0.09||$0.09||$37.27 million||$37.30 million||View||N/A|
|4/26/2013||Q1 2013||$0.06||$0.06||$28.91 million||$29.34 million||View||N/A|
|2/1/2013||Q4 2012||$0.04||$0.04||$23.45 million||$23.60 million||View||N/A|
|10/26/2012||Q312||$0.02||$0.03||$21.25 million||$21.70 million||View||N/A|
Earnings Estimates for WisdomTree Investments (NASDAQ:WETF)
2017 EPS Consensus Estimate: $0.23
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for WisdomTree Investments (NASDAQ:WETF)
|Most Recent Dividend:||8/23/2017|
|Payout Ratio:||145.46% (Trailing 12 Months of Earnings) |
128.00% (Based on This Year's Estimates)
96.97% (Based on Next Year's Estimates)
Dividend History by Quarter for WisdomTree Investments (NASDAQ WETF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for WisdomTree Investments (NASDAQ:WETF)
Insider Ownership Percentage: 16.10%Insider Trades by Quarter for WisdomTree Investments (NASDAQ:WETF)
Institutional Ownership Percentage: 92.53%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/8/2017||Bruce I. Lavine||Director||Sell||19,849||$9.95||$197,497.55|| |
|8/4/2017||Bruce I. Lavine||Director||Sell||10,289||$10.10||$103,918.90|| |
|3/16/2017||Jonathan L. Steinberg||CEO||Buy||97,971||$9.14||$895,454.94|| |
|9/14/2016||Jonathan L. Steinberg||CEO||Buy||100,000||$10.23||$1,023,000.00|| |
|8/19/2016||Jonathan L. Steinberg||CEO||Buy||250,000||$10.16||$2,540,000.00|| |
|8/2/2016||Anthony Bossone||Director||Buy||50,000||$9.90||$495,000.00|| |
|12/16/2015||Bruce I Lavine||Vice Chairman||Sell||10,000||$17.36||$173,600.00|| |
|11/25/2015||Bruce I. Lavine||Vice Chairman||Sell||40,624||$21.54||$875,040.96|| |
|11/23/2015||Michael H Steinhardt||Director||Sell||500,000||$21.38||$10,690,000.00|| |
|8/18/2015||Michael H Steinhardt||Director||Sell||5,000||$25.01||$125,050.00|| |
|6/10/2015||Anthony Bossone||Director||Sell||6,144||$22.99||$141,250.56|| |
|5/27/2015||Bruce I Lavine||Vice Chairman||Sell||35,000||$20.63||$722,050.00|| |
|5/26/2015||Frank Salerno||Director||Sell||7,800||$20.54||$160,212.00|| |
|5/21/2015||Frank Salerno||Director||Sell||41,400||$20.40||$844,560.00|| |
|5/7/2015||Peter M Ziemba||Insider||Sell||194,608||$19.39||$3,773,449.12|| |
|3/16/2015||Frank Salerno||Director||Sell||47,400||$21.07||$998,718.00|| |
|3/13/2015||Michael H Steinhardt||Director||Sell||130,675||$20.96||$2,738,948.00|| |
|3/12/2015||Jonathan L Steinberg||CEO||Sell||525,000||$20.80||$10,920,000.00|| |
|3/11/2015||Frank Salerno||Director||Sell||52,600||$20.73||$1,090,398.00|| |
|3/10/2015||Jonathan L Steinberg||CEO||Sell||525,000||$20.58||$10,804,500.00|| |
|3/9/2015||Michael H Steinhardt||Director||Sell||8,500||$20.87||$177,395.00|| |
|3/6/2015||Michael H Steinhardt||Director||Sell||282,816||$20.38||$5,763,790.08|| |
|3/5/2015||Luciano Siracusano III||Insider||Sell||60,000||$20.29||$1,217,400.00|| |
|3/4/2015||Michael H Steinhardt||Director||Sell||149,430||$19.46||$2,907,907.80|| |
|3/2/2015||Michael H Steinhardt||Director||Sell||414,200||$19.16||$7,936,072.00|| |
|3/2/2015||Peter M Ziemba||Insider||Sell||50,000||$19.20||$960,000.00|| |
|2/25/2015||Michael H Steinhardt||Director||Sell||54,604||$18.87||$1,030,377.48|| |
|2/24/2015||Michael H Steinhardt||Director||Sell||279,934||$18.92||$5,296,351.28|| |
|2/20/2015||Frank Salerno||Director||Sell||60,000||$18.89||$1,133,400.00|| |
|2/18/2015||Michael H Steinhardt||Director||Sell||227,848||$18.55||$4,226,580.40|| |
|12/15/2014||Bruce I Lavine||Chairman||Sell||45,000||$14.29||$643,050.00|| |
|12/10/2014||Luciano Siracusano III||Insider||Sell||65,000||$15.37||$999,050.00|| |
|12/8/2014||Michael H Steinhardt||Director||Sell||387,682||$16.51||$6,400,629.82|| |
|11/19/2014||R Jarrett Lilien||Director||Sell||13,569||$15.17||$205,841.73|| |
|11/7/2014||Jonathan L Steinberg||CEO||Sell||501,000||$15.57||$7,800,570.00|| |
|8/25/2014||Peter M Ziemba||Insider||Sell||50,000||$11.05||$552,500.00|| |
|8/21/2014||Luciano Siracusano III||Insider||Sell||116,953||$11.00||$1,286,483.00|| |
|8/18/2014||Bruce I Lavine||Chairman||Sell||25,000||$10.60||$265,000.00|| |
|8/15/2014||Bruce I Lavine||Chairman||Sell||25,000||$10.10||$252,500.00|| |
|8/13/2014||Bruce I Lavine||Chairman||Sell||25,000||$10.50||$262,500.00|| |
|3/13/2014||Michael Steinhardt||Director||Sell||11,000||$15.35||$168,850.00|| |
|3/12/2014||Jonathan Steinberg||CEO||Sell||75,000||$14.90||$1,117,500.00|| |
|3/10/2014||Jonathan Steinberg||CEO||Sell||37,500||$15.37||$576,375.00|| |
|3/10/2014||Michael Steinhardt||Director||Sell||10,500||$15.98||$167,790.00|| |
|3/6/2014||Michael Steinhardt||Director||Sell||694,339||$15.79||$10,963,612.81|| |
|3/4/2014||Jonathan Steinberg||CEO||Sell||112,500||$15.36||$1,728,000.00|| |
|2/28/2014||Michael Steinhardt||Director||Sell||567,600||$15.63||$8,871,588.00|| |
|2/27/2014||Bruce Lavine||Chairman||Sell||51,404||$14.81||$761,293.24|| |
|2/27/2014||Michael Steinhardt||Director||Sell||832,461||$15.13||$12,595,134.93|| |
|2/24/2014||Jonathan Steinberg||CEO||Sell||112,500||$14.88||$1,674,000.00|| |
|2/18/2014||Jonathan Steinberg||CEO||Sell||112,500||$15.39||$1,731,375.00|| |
|2/18/2014||R Jarrett Lilien||Director||Sell||40,000||$15.26||$610,400.00|| |
|2/13/2014||Bruce Lavine||Chairman||Sell||19,686||$15.30||$301,195.80|| |
|2/11/2014||Bruce Lavine||Chairman||Sell||50,000||$15.17||$758,500.00|| |
|2/10/2014||Bruce Lavine||Chairman||Sell||55,000||$14.97||$823,350.00|| |
|12/16/2013||Jonathan Steinberg||CEO||Sell||112,500||$15.31||$1,722,375.00|| |
|12/9/2013||Jonathan Steinberg||CEO||Sell||112,500||$15.21||$1,711,125.00|| |
|12/3/2013||Jonathan Steinberg||CEO||Sell||112,500||$15.30||$1,721,250.00|| |
|11/25/2013||Jonathan Steinberg||CEO||Sell||112,500||$14.70||$1,653,750.00|| |
|11/22/2013||Frank Salerno||Director||Sell||10,000||$14.28||$142,800.00|| |
|11/21/2013||Michael Steinhardt||Director||Sell||493,055||$13.36||$6,587,214.80|| |
|11/18/2013||Jonathan Steinberg||CEO||Sell||112,500||$13.57||$1,526,625.00|| |
|11/18/2013||Michael Steinhardt||Director||Sell||292,121||$13.49||$3,940,712.29|| |
|11/13/2013||Jonathan Steinberg||CEO||Sell||112,500||$13.76||$1,548,000.00|| |
|10/30/2013||R Jarrett Lilien||Director||Sell||70,167||$14.30||$1,003,388.10|| |
|9/23/2013||Jonathan Steinberg||CEO||Sell||112,500||$11.26||$1,266,750.00|| |
|9/16/2013||Jonathan Steinberg||CEO||Sell||112,500||$12.21||$1,373,625.00|| |
|9/9/2013||Jonathan L Steinberg||CEO||Sell||112,500||$11.54||$1,298,250.00|| |
|8/28/2013||Jonathan Steinberg||CEO||Sell||112,500||$11.53||$1,297,125.00|| |
|8/20/2013||Jonathan Steinberg||CEO||Sell||112,500||$11.89||$1,337,625.00|| |
|8/13/2013||Bruce Lavine||Chairman||Sell||40,000||$12.31||$492,400.00|| |
|8/6/2013||Luciano Siracusano III||Insider||Sell||100,000||$12.79||$1,279,000.00|| |
|8/5/2013||R Jarrett Lilien||Director||Sell||2,500||$13.05||$32,625.00|| |
|8/2/2013||Steven L Begleiter||Director||Sell||45,000||$13.10||$589,500.00|| |
|6/14/2013||Peter M Ziemba||Insider||Sell||50,000||$12.05||$602,500.00|| |
|6/10/2013||Luciano Siracusano III||Insider||Sell||90,000||$12.28||$1,105,200.00|| |
|5/28/2013||Frank Salerno||Director||Sell||10,000||$13.76||$137,600.00|| |
|5/22/2013||Frank Salerno||Director||Sell||5,000||$13.65||$68,250.00|| |
|5/14/2013||Frank Salerno||Director||Sell||11,800||$12.34||$145,612.00|| |
|5/10/2013||R Jarrett Lilien||Director||Sell||29,000||$11.93||$345,970.00|| |
Headline Trends for WisdomTree Investments (NASDAQ:WETF)
Latest Headlines for WisdomTree Investments (NASDAQ:WETF)
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WisdomTree Investments (WETF) Chart for Tuesday, October, 24, 2017