WBI (NYSE:WBI) Issues Quarterly Earnings Results

WBI (NYSE:WBI) released its earnings results on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10, FiscalAI reports. The company had revenue of $240.16 million during the quarter. WBI had a return on equity of 0.85% and a net margin of 0.54%.

WBI Stock Performance

Shares of WBI traded down $1.50 during midday trading on Thursday, reaching $24.54. The stock had a trading volume of 991,078 shares, compared to its average volume of 859,435. WBI has a one year low of $18.64 and a one year high of $36.89. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.88. The firm has a market cap of $3.03 billion, a PE ratio of 307.06 and a beta of 0.14. The firm has a 50 day simple moving average of $30.21 and a 200-day simple moving average of $28.99.

WBI Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, November 25th. WBI’s payout ratio is presently 250.00%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WBI. Morgan Stanley raised their price target on shares of WBI from $38.00 to $43.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. began coverage on shares of WBI in a research report on Tuesday, August 18th. They set an “overweight” rating and a $38.00 target price on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $40.00 price objective on shares of WBI in a report on Tuesday, August 18th. Wall Street Zen upgraded WBI from a “sell” rating to a “hold” rating in a report on Sunday, August 23rd. Finally, The Goldman Sachs Group upped their target price on WBI from $36.00 to $41.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $36.75.

WBI News Summary

Here are the key news stories impacting WBI this week:

• Positive Sentiment: WaterBridge earned $0.10 per share, matching analyst expectations and improving from a $0.02-per-share loss a year earlier. Revenue was $240.2 million, above FactSet’s $231.8 million estimate. Article: WaterBridge Matches Q3 Earnings Estimates Article: Q3 Revenue Beats FactSet Estimate
• Positive Sentiment: The company declared a quarterly dividend of $0.05 per share, equivalent to $0.20 annually and a yield of about 0.8%. Shareholders of record November 25 are scheduled to receive payment December 10.
• Neutral Sentiment: WaterBridge described the quarter as a record period of results and growth. The supplied reports do not provide enough detail to assess how much of that performance was unexpected beyond the revenue beat. Article: WaterBridge Announces Third Quarter 2026 Results

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