John Wiley & Sons (NYSE:WLYB) Posts Quarterly Earnings Results

John Wiley & Sons (NYSE:WLYB) announced its earnings results on Thursday. The company reported $1.10 EPS for the quarter, Zacks reports. John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.

John Wiley & Sons Stock Up 10.4%

Shares of John Wiley & Sons stock opened at $40.10 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 1.12. John Wiley & Sons has a 1 year low of $33.41 and a 1 year high of $50.26. The stock has a 50-day moving average price of $37.12 and a 200 day moving average price of $39.57. The company has a market cap of $2.13 billion, a P/E ratio of 21.13 and a beta of 0.79.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th were issued a dividend of $0.355 per share. The ex-dividend date was Tuesday, October 7th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.5%. John Wiley & Sons’s payout ratio is currently 79.78%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of John Wiley & Sons in a research report on Monday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.