Equities research analysts forecast that The Western Union Company (NYSE:WU) will report earnings per share (EPS) of $0.48 for the current quarter, according to Zacks. Six analysts have provided estimates for The Western Union’s earnings. The lowest EPS estimate is $0.44 and the highest is $0.62. The Western Union posted earnings of $0.46 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.3%. The business is scheduled to announce its next quarterly earnings results after the market closes on Thursday, August 1st.

On average, analysts expect that The Western Union will report full year earnings of $1.80 per share for the current year, with EPS estimates ranging from $1.76 to $1.89. For the next year, analysts expect that the business will report earnings of $1.91 per share, with EPS estimates ranging from $1.79 to $1.98. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover The Western Union.

The Western Union (NYSE:WU) last released its quarterly earnings results on Tuesday, May 7th. The credit services provider reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.04). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. The Western Union had a net margin of 14.65% and a negative return on equity of 216.66%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 earnings per share.

A number of research firms have issued reports on WU. ValuEngine upgraded The Western Union from a “sell” rating to a “hold” rating in a research note on Friday, March 22nd. Northcoast Research downgraded The Western Union from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Finally, Zacks Investment Research upgraded Zymeworks from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Saturday, April 27th. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The Western Union presently has an average rating of “Hold” and a consensus target price of $20.00.

Shares of The Western Union stock traded down $0.14 during trading hours on Wednesday, reaching $20.39. 2,942,100 shares of the stock traded hands, compared to its average volume of 5,788,332. The business’s 50 day moving average is $20.04. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 10.62, a price-to-earnings-growth ratio of 2.31 and a beta of 0.82. The Western Union has a one year low of $16.42 and a one year high of $20.89.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.20 per share. The ex-dividend date was Thursday, June 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.92%. The Western Union’s dividend payout ratio (DPR) is presently 41.67%.

In related news, EVP Richard L. Williams sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $20.01, for a total transaction of $320,160.00. Following the completion of the transaction, the executive vice president now directly owns 108,782 shares in the company, valued at approximately $2,176,727.82. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Richard L. Williams sold 35,686 shares of the business’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $20.75, for a total value of $740,484.50. Following the transaction, the executive vice president now owns 130,439 shares of the company’s stock, valued at $2,706,609.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 67,398 shares of company stock valued at $1,377,084. 1.33% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Somerset Trust Co purchased a new stake in shares of The Western Union during the 1st quarter worth approximately $26,000. Investors Research Corp purchased a new stake in shares of The Western Union during the 1st quarter worth approximately $50,000. Close Asset Management Ltd raised its holdings in shares of The Western Union by 79.6% during the 1st quarter. Close Asset Management Ltd now owns 3,488 shares of the credit services provider’s stock worth $64,000 after acquiring an additional 1,546 shares in the last quarter. Pinnacle Bank purchased a new stake in shares of The Western Union during the 4th quarter worth approximately $65,000. Finally, NEXT Financial Group Inc raised its holdings in shares of The Western Union by 1,229.8% during the 2nd quarter. NEXT Financial Group Inc now owns 5,984 shares of the credit services provider’s stock worth $119,000 after acquiring an additional 5,534 shares in the last quarter.

The Western Union Company Profile

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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Earnings History and Estimates for The Western Union (NYSE:WU)

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