Weyco Group (WEYS) Stock Forecast, Price & News

Weyco Group's stock was trading at $21.16 at the beginning of 2023. Since then, WEYS stock has increased by 28.4% and is now trading at $27.17.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our WEYS earnings forecast.

Weyco Group, Inc. (NASDAQ:WEYS) released its quarterly earnings data on Tuesday, May, 5th. The textile maker reported $0.12 earnings per share for the quarter. The textile maker earned $63.58 million during the quarter. Weyco Group had a net margin of 9.23% and a trailing twelve-month return on equity of 15.23%.

Weyco Group declared a quarterly dividend on Tuesday, May 2nd. Investors of record on Friday, May 26th will be given a dividend of $0.25 per share on Friday, June 30th. This represents a $1.00 annualized dividend and a yield of 3.68%. The ex-dividend date is Thursday, May 25th. This is an increase from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for WEYS.

First Trust Dow Jones Select Microcap Index Fund holds 17,934 shares of WEYS stock, representing 0.30% of its portfolio.

Weyco Group (NASDAQ:WEYS) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WEYS.

10 employees have rated Weyco Group Chief Executive Officer Thomas W. Florsheim Jr. on Glassdoor.com. Thomas W. Florsheim Jr. has an approval rating of 92% among the company's employees. This puts Thomas W. Florsheim Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Weyco Group investors own include Verizon Communications (VZ), AT&T (T), Tanger Factory Outlet Centers (SKT), Pfizer (PFE), QUALCOMM (QCOM), Southern (SO), Xilinx (XLNX), Crown Castle (CCI), AbbVie (ABBV) and CVS Health (CVS).

Weyco Group trades on the NASDAQ under the ticker symbol "WEYS."

Weyco Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.49%), BlackRock Inc. (4.08%), Wellington Management Group LLP (1.60%), Geode Capital Management LLC (1.27%), Bank of New York Mellon Corp (0.79%) and Ancora Advisors LLC (0.69%). Insiders that own company stock include Allison Woss and Dustin Combs.
View institutional ownership trends.

Shares of WEYS 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.
Compare Top Brokerages Here.

One share of WEYS stock can currently be purchased for approximately $27.17.

Weyco Group (NASDAQ:WEYS) has a market capitalization of $258.39 million and generates $351.74 million in revenue each year. The textile maker earns $29.54 million in net income (profit) each year or $3.43 on an earnings per share basis.

The company employs 439 workers across the globe.

Weyco Group's mailing address is 333 W. Estabrook Boulevard P. O. Box 1188, MILWAUKEE WI, 53201. The official website for the company is www.weycogroup.com. The textile maker can be reached via phone at (414) 908-1600, via email at investor.relations@weycogroup.com, or via fax at 414-908-1603.