John Wiley & Sons (NYSE:WLY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.97 by $0.13, Briefing.com reports. John Wiley & Sons had a net margin of 5.82% and a return on equity of 27.31%. The firm had revenue of $421.75 million during the quarter, compared to the consensus estimate of $416.40 million. During the same quarter in the prior year, the firm earned $0.97 EPS. John Wiley & Sons’s revenue for the quarter was down 1.1% on a year-over-year basis. John Wiley & Sons updated its FY 2026 guidance to 3.900-4.350 EPS.
John Wiley & Sons Stock Up 4.1%
WLY opened at $39.44 on Thursday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.61 and a current ratio of 0.65. The business’s fifty day moving average is $37.08 and its two-hundred day moving average is $39.36. John Wiley & Sons has a one year low of $32.92 and a one year high of $49.31. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 22.10 and a beta of 1.03.
John Wiley & Sons Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th were paid a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, October 7th. This represents a $1.42 annualized dividend and a dividend yield of 3.6%. John Wiley & Sons’s payout ratio is 79.78%.
Analyst Ratings Changes
Read Our Latest Stock Report on John Wiley & Sons
Institutional Trading of John Wiley & Sons
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in John Wiley & Sons by 2.1% in the 2nd quarter. State Street Corp now owns 1,714,430 shares of the company’s stock valued at $76,515,000 after purchasing an additional 34,782 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in John Wiley & Sons by 3.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,557,800 shares of the company’s stock worth $63,041,000 after acquiring an additional 55,155 shares during the last quarter. Invesco Ltd. grew its stake in John Wiley & Sons by 192.5% in the 2nd quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock worth $26,547,000 after acquiring an additional 391,428 shares during the period. Qube Research & Technologies Ltd raised its holdings in John Wiley & Sons by 323.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock valued at $23,569,000 after acquiring an additional 403,389 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of John Wiley & Sons by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 282,826 shares of the company’s stock worth $11,446,000 after purchasing an additional 2,657 shares during the period. Hedge funds and other institutional investors own 73.94% of the company’s stock.
John Wiley & Sons declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 25th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to purchase up to 11.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.
About John Wiley & Sons
John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.
Further Reading
- Five stocks we like better than John Wiley & Sons
- Trading Halts Explained
- How Accenture’s OpenAI Partnership Turns AI Hype Into Profits
- 3 Monster Growth Stocks to Buy Now
- Battle of the Big-Upside Tech Names: HUBS vs. NBIS vs. TEAM
- Best Aerospace Stocks Investing
- MongoDB Just Posted a Blowout Quarter—But Is It Too Hot to Touch?
Receive News & Ratings for John Wiley & Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wiley & Sons and related companies with MarketBeat.com's FREE daily email newsletter.
