WBI (NYSE:WBI) Sets New 52-Week High – Here’s What Happened

Posted by Shane Hupp on Apr 29th, 2026

WBI (NYSE:WBI – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $29.23 and last traded at $28.43, with a volume of 35641 shares trading hands. The stock had previously closed at $28.47.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. The Goldman Sachs Group raised shares of WBI from a “neutral” rating to a “buy” rating and set a $32.00 price objective for the company in a research note on Monday, April 20th. Wall Street Zen raised shares of WBI from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. UBS Group set a $33.00 price objective on shares of WBI in a research note on Monday, March 16th. Weiss Ratings assumed coverage on shares of WBI in a research note on Wednesday, January 14th. They set a “sell (e-)” rating for the company. Finally, Wells Fargo & Company upped their price objective on shares of WBI from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $31.25.

Get Our Latest Report on WBI

WBI Trading Up 4.1%

The firm’s 50 day moving average price is $25.95. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.38 and a current ratio of 1.38. The company has a market capitalization of $3.68 billion and a P/E ratio of 175.20.

WBI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, March 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. WBI’s payout ratio is presently 117.65%.