Western Union (NYSE:WU) Releases Earnings Results

Western Union (NYSE:WU) announced its quarterly earnings data on Thursday. The credit services provider reported $0.31 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.12), FiscalAI reports. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.02 billion. Western Union had a return on equity of 55.94% and a net margin of 10.88%.During the same period last year, the business earned $0.37 EPS. Western Union updated its FY 2026 guidance to 1.250-1.350 EPS.

Western Union Stock Down 4.8%

WU stock traded down $0.39 during midday trading on Thursday, reaching $7.70. 20,917,170 shares of the company’s stock traded hands, compared to its average volume of 8,688,770. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.88. The firm’s fifty day moving average price is $7.85 and its 200-day moving average price is $8.77. Western Union has a 52 week low of $6.91 and a 52 week high of $10.35. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 5.66, a P/E/G ratio of 1.06 and a beta of 0.46.

Western Union Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 12.2%. The ex-dividend date was Tuesday, June 16th. Western Union’s payout ratio is 69.12%.

Insider Buying and Selling at Western Union

In other news, insider Benjamin Carlton Adams sold 19,924 shares of Western Union stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $9.23, for a total transaction of $183,898.52. Following the completion of the transaction, the insider directly owned 234,689 shares in the company, valued at $2,166,179.47. This trade represents a 7.83% 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. Company insiders own 3.29% of the company’s stock.

Hedge Funds Weigh In On Western Union

Several large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB boosted its stake in Western Union by 606.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 2,803 shares during the last quarter. Danske Bank A S bought a new stake in Western Union during the 3rd quarter worth approximately $37,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Western Union in the fourth quarter worth approximately $43,000. Colonial Trust Co SC bought a new position in shares of Western Union in the fourth quarter valued at approximately $56,000. Finally, Advisory Services Network LLC bought a new position in shares of Western Union in the third quarter valued at approximately $57,000. Institutional investors own 91.81% of the company’s stock.

Analyst Ratings Changes

WU has been the topic of a number of research reports. Citigroup dropped their target price on shares of Western Union from $9.50 to $8.50 and set a “neutral” rating on the stock in a research report on Friday, July 17th. Barclays assumed coverage on shares of Western Union in a research note on Tuesday, July 7th. They issued an “underweight” rating and a $7.00 price target for the company. JPMorgan Chase & Co. dropped their price objective on shares of Western Union from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Monday, July 13th. Cantor Fitzgerald reduced their target price on Western Union from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Weiss Ratings lowered Western Union from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Five analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Western Union presently has a consensus rating of “Reduce” and an average price target of $8.64.

Western Union Company Profile

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.