John Wiley & Sons Inc. (JW.A) Lowered to Hold at TheStreet
JW.A has been the subject of a number of other research reports. Sidoti initiated coverage on shares of John Wiley & Sons in a research note on Wednesday, September 28th. They issued a buy rating for the company. Zacks Investment Research cut shares of John Wiley & Sons from a buy rating to a hold rating in a research note on Friday, June 17th.
John Wiley & Sons (NYSE:JW.A) last issued its quarterly earnings data on Wednesday, September 7th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.60 by $0.08. The firm had revenue of $404.30 million for the quarter, compared to analysts’ expectations of $426.75 million. John Wiley & Sons had a net margin of 8.45% and a return on equity of 14.92%. John Wiley & Sons’s revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 EPS.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 19th. Shareholders of record on Tuesday, October 4th will be paid a $0.31 dividend. The ex-dividend date is Friday, September 30th. This represents a $1.24 dividend on an annualized basis and a yield of Infinity. John Wiley & Sons’s dividend payout ratio is presently 50.20%.
About John Wiley & Sons
John Wiley & Sons, Inc provides knowledge and knowledge-enabled services in the areas of research, professional practice and education. The Company operates through three segments: Research, Professional Development and Education. Through the Research segment, the Company provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services and advertising.
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