Press coverage about Weyco Group (NASDAQ:WEYS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Weyco Group earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 46.3644100289249 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Weyco Group (WEYS) traded up 1.34% during midday trading on Friday, reaching $27.22. The company’s stock had a trading volume of 10,839 shares. The firm has a 50 day moving average price of $27.71 and a 200 day moving average price of $27.69. Weyco Group has a 1-year low of $23.75 and a 1-year high of $32.30. The firm has a market capitalization of $278.65 million, a PE ratio of 17.57 and a beta of 0.69.

Weyco Group (NASDAQ:WEYS) last released its quarterly earnings results on Tuesday, August 8th. The textile maker reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.01. The business had revenue of $57.45 million during the quarter. Weyco Group had a return on equity of 6.93% and a net margin of 5.65%. On average, analysts predict that Weyco Group will post $1.36 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, August 30th will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, August 28th. This represents a $0.88 annualized dividend and a yield of 3.23%. Weyco Group’s payout ratio is currently 56.77%.

A number of equities analysts have commented on WEYS shares. B. Riley reaffirmed a “neutral” rating and issued a $26.00 price objective on shares of Weyco Group in a report on Tuesday, May 2nd. Zacks Investment Research raised shares of Weyco Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. BidaskClub cut Weyco Group from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Finally, TheStreet cut Weyco Group from a “b” rating to a “c+” rating in a research note on Thursday, August 3rd.

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About Weyco Group

Weyco Group, Inc is engaged in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe).

Insider Buying and Selling by Quarter for Weyco Group (NASDAQ:WEYS)

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