John Wiley & Sons (NYSE:WLY) Issues Earnings Results, Beats Expectations By $0.02 EPS

John Wiley & Sons (NYSE:WLYGet Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02, Zacks reports. John Wiley & Sons had a net margin of 9.24% and a return on equity of 28.38%. John Wiley & Sons updated its FY 2027 guidance to 4.600-5.050 EPS.

John Wiley & Sons Stock Performance

WLY opened at $43.27 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 1.06. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 15.08 and a beta of 0.80. John Wiley & Sons has a 52-week low of $28.38 and a 52-week high of $45.64. The firm’s fifty day simple moving average is $41.41 and its two-hundred day simple moving average is $35.66.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, April 7th were issued a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, April 7th. John Wiley & Sons’s dividend payout ratio (DPR) is presently 49.48%.

Hedge Funds Weigh In On John Wiley & Sons

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. acquired a new position in shares of John Wiley & Sons during the 4th quarter worth $138,000. Lido Advisors LLC grew its stake in shares of John Wiley & Sons by 5.7% during the 3rd quarter. Lido Advisors LLC now owns 5,513 shares of the company’s stock worth $223,000 after purchasing an additional 298 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of John Wiley & Sons during the 3rd quarter worth $150,000. Creative Planning acquired a new position in shares of John Wiley & Sons during the 3rd quarter worth $215,000. Finally, iSAM Funds UK Ltd acquired a new position in shares of John Wiley & Sons during the 3rd quarter worth $146,000. 73.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WLY. Zacks Research downgraded shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Weiss Ratings raised shares of John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, John Wiley & Sons presently has an average rating of “Hold”.

Check Out Our Latest Research Report on John Wiley & Sons

John Wiley & Sons Company Profile

(Get Free Report)

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.

Read More

Earnings History for John Wiley & Sons (NYSE:WLY)

Receive News & Ratings for John Wiley & Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wiley & Sons and related companies with MarketBeat.com's FREE daily email newsletter.