Weyco Group (WEYS) Set to Announce Quarterly Earnings on Tuesday

Weyco Group (NASDAQ:WEYS) is set to announce its earnings results after the market closes on Tuesday, May 7th. Parties that wish to register for the company’s conference call can do so using this link.

Weyco Group (NASDAQ:WEYS) last released its quarterly earnings data on Tuesday, March 5th. The textile maker reported $0.90 earnings per share for the quarter. The business had revenue of $80.59 million for the quarter. Weyco Group had a return on equity of 12.88% and a net margin of 9.49%.

Weyco Group Stock Performance

Weyco Group stock opened at $29.28 on Monday. Weyco Group has a one year low of $24.47 and a one year high of $33.70. The stock’s 50 day moving average price is $29.93 and its 200 day moving average price is $30.13. The firm has a market capitalization of $278.45 million, a PE ratio of 9.27 and a beta of 0.83.

Weyco Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.42%. Weyco Group’s payout ratio is currently 31.65%.

Insider Activity

In related news, VP Dustin Combs sold 4,016 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $28.81, for a total transaction of $115,700.96. Following the transaction, the vice president now directly owns 2,150 shares of the company’s stock, valued at $61,941.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 38.90% of the company’s stock.

About Weyco Group

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.