John Wiley & Sons (NYSE:WLYB) Trading 7.8% Higher – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB – Get Free Report)’s stock price traded up 7.8% on Wednesday . The company traded as high as $50.43 and last traded at $50.43. Approximately 238 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,462 shares. The stock had previously closed at $46.79.

John Wiley & Sons Stock Up 7.8%

The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51. The firm has a market capitalization of $2.59 billion, a P/E ratio of 11.92 and a beta of 0.58. The firm’s fifty day moving average price is $42.77 and its 200-day moving average price is $36.88.

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John Wiley & Sons (NYSE:WLYB – Get Free Report) last released its earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02. The firm had revenue of $447.94 million during the quarter, compared to the consensus estimate of $450.00 million. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Stockholders of record on Tuesday, July 7th will be issued a $0.3575 dividend. This represents a $1.43 annualized dividend and a dividend yield of 2.8%. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date is Tuesday, July 7th. John Wiley & Sons’s payout ratio is currently 33.57%.

John Wiley & Sons Company Profile

(Get Free Report)

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.

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