John Wiley & Sons (NYSE:WLYB) Issues Earnings Results

John Wiley & Sons (NYSE:WLYB) issued its quarterly earnings results on Thursday. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11, Zacks reports. The company had revenue of $410.04 million during the quarter, compared to analysts’ expectations of $391.00 million. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.

John Wiley & Sons Price Performance

Shares of WLYB opened at $37.04 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.67 and a current ratio of 0.59. John Wiley & Sons has a fifty-two week low of $29.16 and a fifty-two week high of $46.81. The company has a market capitalization of $1.95 billion, a P/E ratio of 12.91 and a beta of 0.74. The business’s 50-day moving average is $31.68 and its two-hundred day moving average is $35.31.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, December 30th. John Wiley & Sons’s dividend payout ratio (DPR) is currently 75.53%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

John Wiley & Sons Company Profile

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.