WillScot Holdings Corporation Announces Quarterly Dividend of $0.07 (NASDAQ:WSC)

WillScot Holdings Corporation (NASDAQ:WSC) declared a quarterly dividend on Thursday, November 6th. Shareholders of record on Wednesday, December 3rd will be given a dividend of 0.07 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, December 3rd.

WillScot has a dividend payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect WillScot to earn $1.96 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 14.3%.

WillScot Stock Performance

Shares of WSC traded down $2.60 during trading hours on Friday, reaching $16.95. 3,898,345 shares of the company traded hands, compared to its average volume of 2,548,170. The business has a fifty day moving average price of $22.18 and a 200-day moving average price of $25.49. WillScot has a 12-month low of $16.83 and a 12-month high of $39.81. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 3.55. The stock has a market capitalization of $3.09 billion, a P/E ratio of 28.14, a P/E/G ratio of 1.85 and a beta of 1.15.

WillScot (NASDAQ:WSC) last issued its earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. WillScot had a return on equity of 24.83% and a net margin of 4.66%.The firm had revenue of $566.84 million for the quarter, compared to analyst estimates of $583.52 million. During the same quarter in the prior year, the firm earned $0.38 earnings per share. WillScot’s revenue for the quarter was down 5.8% on a year-over-year basis. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that WillScot will post 1.77 EPS for the current fiscal year.

Insider Buying and Selling at WillScot

In other WillScot news, EVP Hezron T. Lopez sold 22,000 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $24.63, for a total value of $541,860.00. Following the completion of the sale, the executive vice president directly owned 54,038 shares in the company, valued at approximately $1,330,955.94. This trade represents a 28.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is owned by insiders.

Institutional Investors Weigh In On WillScot

A number of institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC boosted its position in WillScot by 273.2% in the first quarter. GAMMA Investing LLC now owns 933 shares of the company’s stock valued at $26,000 after buying an additional 683 shares during the last quarter. CWM LLC increased its stake in shares of WillScot by 89.9% in the first quarter. CWM LLC now owns 1,747 shares of the company’s stock worth $49,000 after acquiring an additional 827 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of WillScot by 45.1% during the second quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock worth $58,000 after purchasing an additional 662 shares during the last quarter. Quarry LP acquired a new position in WillScot during the first quarter valued at $80,000. Finally, Nisa Investment Advisors LLC boosted its holdings in WillScot by 22.9% in the third quarter. Nisa Investment Advisors LLC now owns 2,911 shares of the company’s stock valued at $61,000 after purchasing an additional 543 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Company Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.