Short Interest in John Wiley & Sons, Inc. (NYSE:WLYB) Declines By 34.9%

John Wiley & Sons, Inc. (NYSE:WLYB) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,654 shares, a decline of 34.9% from the December 31st total of 4,075 shares. Based on an average trading volume of 652 shares, the days-to-cover ratio is presently 4.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 652 shares, the days-to-cover ratio is presently 4.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

John Wiley & Sons Trading Up 0.3%

John Wiley & Sons stock traded up $0.11 during midday trading on Friday, reaching $32.43. The stock had a trading volume of 35 shares, compared to its average volume of 359. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 17.25 and a beta of 0.74. The firm’s fifty day simple moving average is $32.79 and its two-hundred day simple moving average is $36.78. John Wiley & Sons has a twelve month low of $30.10 and a twelve month high of $46.81.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.78 by $0.32. The business had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.4%. John Wiley & Sons’s dividend payout ratio is currently 75.53%.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.