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

John Wiley & Sons (NYSE:WLYB) released its earnings results on Thursday. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.11, Zacks reports. The firm had revenue of $410.04 million during the quarter, compared to analyst estimates of $391.00 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%.

John Wiley & Sons Stock Up 5.0%

Shares of WLYB stock traded up $1.72 during mid-day trading on Friday, hitting $36.30. The company’s stock had a trading volume of 198 shares, compared to its average volume of 2,152. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 19.31 and a beta of 0.74. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.67 and a current ratio of 0.71. John Wiley & Sons has a 52-week low of $29.16 and a 52-week high of $46.81. The business has a 50-day moving average price of $31.58 and a 200 day moving average price of $35.33.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.9%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 75.53%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated 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, John Wiley & Sons presently has an average 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.