Weyco Group (WEYS) Set to Announce Quarterly Earnings on Tuesday

Weyco Group (NASDAQ:WEYS) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Investors interested in listening to the company’s conference call can do so using this link.

Weyco Group (NASDAQ:WEYS) last announced its quarterly earnings results on Tuesday, March 5th. The textile maker reported $0.90 EPS for the quarter. Weyco Group had a return on equity of 12.88% and a net margin of 9.49%. The firm had revenue of $80.59 million for the quarter.

Weyco Group Price Performance

WEYS opened at $29.28 on Monday. The business’s 50-day moving average is $29.93 and its two-hundred day moving average is $30.13. Weyco Group has a 1 year low of $24.47 and a 1 year high of $33.70. The firm has a market capitalization of $278.45 million, a PE ratio of 9.27 and a beta of 0.83.

Weyco Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Thursday, March 14th. Weyco Group’s dividend payout ratio is presently 31.65%.

Insider Buying and Selling at Weyco Group

In other news, VP Dustin Combs sold 4,016 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $28.81, for a total value of $115,700.96. Following the completion of the sale, the vice president now directly owns 2,150 shares in the company, valued at $61,941.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 38.90% of the stock is currently owned by corporate insiders.

About Weyco Group

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.