John Wiley & Sons (NYSE:WLYB) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

John Wiley & Sons (NYSE:WLYBGet Free Report) released its quarterly earnings data on Thursday. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04, Zacks reports. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%.

John Wiley & Sons Price Performance

Shares of WLYB stock opened at $52.94 on Thursday. The stock has a 50 day moving average of $51.56 and a 200 day moving average of $43.41. John Wiley & Sons has a twelve month low of $29.16 and a twelve month high of $55.51. The stock has a market cap of $2.69 billion, a P/E ratio of 12.52 and a beta of 0.55. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were given a dividend of $0.3575 per share. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, July 7th. John Wiley & Sons’s payout ratio is presently 33.81%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a research note on Friday, July 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Check Out Our Latest Analysis on John Wiley & Sons

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.

See Also

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

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