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

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

John Wiley & Sons Price Performance

Shares of NYSE:WLYB traded up $1.72 during trading on Friday, reaching $36.30. The company had a trading volume of 196 shares, compared to its average volume of 2,152. The firm’s fifty day moving average is $31.58 and its 200 day moving average is $35.33. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.67 and a current ratio of 0.71. The firm has a market capitalization of $1.91 billion, a PE ratio of 19.31 and a beta of 0.74. John Wiley & Sons has a twelve month low of $29.16 and a twelve month high of $46.81.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, December 30th. John Wiley & Sons’s payout ratio is 75.53%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently 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.