OneSpaWorld Holdings Limited (OSW) To Go Ex-Dividend on March 11th

OneSpaWorld Holdings Limited (NASDAQ:OSW) declared a quarterly dividend on Wednesday, February 18th. Investors of record on Wednesday, March 11th will be paid a dividend of 0.05 per share on Wednesday, March 25th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, March 11th.

OneSpaWorld has a dividend payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect OneSpaWorld to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 18.9%.

OneSpaWorld Price Performance

OSW stock opened at $22.42 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.84 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 32.49 and a beta of 1.03. The company’s fifty day simple moving average is $21.09 and its 200 day simple moving average is $21.28. OneSpaWorld has a 12-month low of $14.21 and a 12-month high of $23.54.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The business had revenue of $242.13 million for the quarter, compared to analyst estimates of $243.07 million. OneSpaWorld had a return on equity of 17.07% and a net margin of 7.45%.The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share. On average, analysts expect that OneSpaWorld will post 0.9 earnings per share for the current year.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 5,000 shares of OneSpaWorld stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $20.21, for a total transaction of $101,050.00. Following the completion of the transaction, the director directly owned 154,882 shares in the company, valued at $3,130,165.22. This trade represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephen Lazarus sold 8,569 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $21.12, for a total transaction of $180,977.28. Following the sale, the chief executive officer directly owned 351,250 shares of the company’s stock, valued at approximately $7,418,400. The trade was a 2.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 33,569 shares of company stock valued at $685,827. 3.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On OneSpaWorld

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ariel Investments LLC boosted its position in OneSpaWorld by 23.3% during the second quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock worth $269,416,000 after purchasing an additional 2,499,851 shares during the period. First Trust Advisors LP raised its stake in shares of OneSpaWorld by 2.9% during the 4th quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock valued at $65,937,000 after purchasing an additional 90,381 shares during the period. American Century Companies Inc. raised its stake in shares of OneSpaWorld by 2.7% during the 3rd quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after purchasing an additional 79,259 shares during the period. Vanguard Group Inc. lifted its holdings in OneSpaWorld by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock worth $62,575,000 after purchasing an additional 89,191 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of OneSpaWorld by 0.4% during the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after buying an additional 10,807 shares during the period. 95.98% of the stock is owned by hedge funds and other institutional investors.

About OneSpaWorld

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.