John Wiley & Sons (WLYB) to Release Quarterly Earnings on Thursday

John Wiley & Sons (NYSE:WLYB) is set to announce its 07/31/2023 earnings results before the market opens on Thursday, September 7th. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

John Wiley & Sons (NYSE:WLYB) last released its earnings results on Thursday, June 15th. The company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.46. John Wiley & Sons had a return on equity of 20.42% and a net margin of 0.85%. The firm had revenue of $526.13 million during the quarter.

John Wiley & Sons Price Performance

NYSE WLYB opened at $36.40 on Tuesday. The business has a fifty day moving average price of $34.56 and a two-hundred day moving average price of $36.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.60 and a quick ratio of 0.57. John Wiley & Sons has a fifty-two week low of $29.61 and a fifty-two week high of $49.19. The stock has a market capitalization of $2.01 billion, a PE ratio of 125.52 and a beta of 0.86.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 20th. Shareholders of record on Thursday, July 6th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, July 5th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.40 annualized dividend and a yield of 3.85%. John Wiley & Sons’s dividend payout ratio is presently 482.76%.

Institutional Investors Weigh In On John Wiley & Sons

Several institutional investors and hedge funds have recently added to or reduced their stakes in WLYB. UBS Group AG bought a new position in shares of John Wiley & Sons in the 3rd quarter valued at $355,000. Tower Research Capital LLC TRC bought a new position in shares of John Wiley & Sons in the 3rd quarter valued at $31,000. Dimensional Fund Advisors LP bought a new position in shares of John Wiley & Sons in the 3rd quarter valued at $856,000. Royal Bank of Canada bought a new position in shares of John Wiley & Sons in the 3rd quarter valued at $1,679,000. Finally, Vanguard Group Inc. bought a new position in shares of John Wiley & Sons in the 3rd quarter valued at $240,000.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.