Analysts forecast that WisdomTree Investments, Inc. (NASDAQ:WETF) will announce earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for WisdomTree Investments’ earnings, with estimates ranging from $0.06 to $0.07. WisdomTree Investments reported earnings of $0.03 per share in the same quarter last year, which indicates a positive year over year growth rate of 133.3%. The business is expected to issue its next quarterly earnings report on Friday, February 2nd.

According to Zacks, analysts expect that WisdomTree Investments will report full year earnings of $0.25 per share for the current fiscal year, with EPS estimates ranging from $0.23 to $0.27. For the next financial year, analysts anticipate that the firm will post earnings of $0.35 per share, with EPS estimates ranging from $0.29 to $0.40. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow WisdomTree Investments.

WisdomTree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, October 27th. The asset manager reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The business had revenue of $57.99 million during the quarter, compared to the consensus estimate of $57.89 million. WisdomTree Investments had a net margin of 12.98% and a return on equity of 15.47%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.06 earnings per share.

A number of research analysts have weighed in on the stock. UBS upped their price objective on shares of WisdomTree Investments from $8.00 to $8.50 and gave the stock a “sell” rating in a research report on Tuesday, November 14th. Keefe, Bruyette & Woods upgraded shares of WisdomTree Investments from an “underperform” rating to a “mkt perform” rating in a research report on Tuesday, November 14th. Zacks Investment Research downgraded shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Citigroup reiterated a “buy” rating and issued a $15.00 price objective on shares of WisdomTree Investments in a research report on Monday, October 30th. Finally, Northland Securities reiterated a “hold” rating and issued a $12.00 price objective on shares of WisdomTree Investments in a research report on Sunday, October 29th. Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $11.28.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its position in shares of WisdomTree Investments by 0.7% during the 2nd quarter. Bank of Montreal Can now owns 50,078 shares of the asset manager’s stock worth $508,000 after purchasing an additional 356 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of WisdomTree Investments by 3.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 19,688 shares of the asset manager’s stock worth $201,000 after purchasing an additional 668 shares during the last quarter. Texas Permanent School Fund raised its position in shares of WisdomTree Investments by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 83,782 shares of the asset manager’s stock worth $852,000 after purchasing an additional 692 shares during the last quarter. Tudor Investment Corp ET AL raised its position in shares of WisdomTree Investments by 5.4% during the 2nd quarter. Tudor Investment Corp ET AL now owns 14,289 shares of the asset manager’s stock worth $145,000 after purchasing an additional 726 shares during the last quarter. Finally, Amalgamated Bank raised its position in shares of WisdomTree Investments by 5.0% during the 2nd quarter. Amalgamated Bank now owns 15,966 shares of the asset manager’s stock worth $162,000 after purchasing an additional 760 shares during the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.

WisdomTree Investments (NASDAQ:WETF) opened at $11.73 on Friday. The firm has a market cap of $1,610.00, a PE ratio of 50.22, a price-to-earnings-growth ratio of 2.72 and a beta of 3.18. WisdomTree Investments has a 1 year low of $7.87 and a 1 year high of $13.32.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, November 7th. This represents a $0.32 annualized dividend and a dividend yield of 2.73%. WisdomTree Investments’s dividend payout ratio (DPR) is presently 145.45%.

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About WisdomTree Investments

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

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Earnings History and Estimates for WisdomTree Investments (NASDAQ:WETF)

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