John Wiley & Sons (WLY) Set to Announce Earnings on Thursday

John Wiley & Sons (NYSE:WLYGet Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, June 15th. Parties that are interested in participating in the company’s conference call can do so using this link.

John Wiley & Sons (NYSE:WLYGet Rating) last released its quarterly earnings results on Thursday, March 9th. The company reported $0.85 EPS for the quarter. John Wiley & Sons had a positive return on equity of 18.09% and a negative net margin of 0.39%. The company had revenue of $491.37 million for the quarter.

John Wiley & Sons Trading Up 3.4 %

WLY opened at $40.10 on Thursday. John Wiley & Sons has a 52 week low of $34.48 and a 52 week high of $54.15. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 0.92. The business has a fifty day simple moving average of $37.19 and a 200-day simple moving average of $40.85. The firm has a market cap of $2.22 billion, a P/E ratio of -235.88 and a beta of 1.03.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 25th. Investors of record on Tuesday, April 11th were issued a dividend of $0.347 per share. This represents a $1.39 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date was Monday, April 10th. John Wiley & Sons’s dividend payout ratio (DPR) is -817.65%.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of John Wiley & Sons from a “b” rating to a “c” rating in a research note on Thursday, March 9th.

Insiders Place Their Bets

In other John Wiley & Sons news, EVP Matthew Leavy sold 4,500 shares of the business’s stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of $37.28, for a total value of $167,760.00. Following the completion of the transaction, the executive vice president now owns 5,184 shares in the company, valued at $193,259.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.62% of the stock is owned by company insiders.

Hedge Funds Weigh In On John Wiley & Sons

A number of institutional investors and hedge funds have recently made changes to their positions in WLY. Public Employees Retirement System of Ohio acquired a new position in shares of John Wiley & Sons during the 3rd quarter worth about $109,000. Point72 Middle East FZE acquired a new position in John Wiley & Sons in the fourth quarter valued at approximately $126,000. Prudential Financial Inc. purchased a new position in John Wiley & Sons in the first quarter valued at approximately $209,000. XTX Topco Ltd acquired a new stake in John Wiley & Sons during the first quarter worth approximately $208,000. Finally, HighTower Advisors LLC purchased a new stake in shares of John Wiley & Sons during the 1st quarter worth approximately $224,000. 72.99% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Company Profile

(Get Rating)

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment provides scientific, technical, medical, and scholarly journals, as well as related content and services to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals.

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

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