Wisdom Tree Investments Inc (NASDAQ:WETF) announced a dividend on Tuesday, October 22nd, Fidelity reports. Shareholders of record on Wednesday, November 6th will be paid a dividend of 0.03 per share by the asset manager on Wednesday, November 20th. The ex-dividend date of this dividend is Tuesday, November 5th.
Shares of WETF opened at $5.25 on Friday. Wisdom Tree Investments has a 1 year low of $4.55 and a 1 year high of $8.04. The firm has a market cap of $792.56 million, a PE ratio of 16.41, a PEG ratio of 2.24 and a beta of 1.53. The stock’s fifty day moving average price is $5.14 and its two-hundred day moving average price is $5.94. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.72 and a quick ratio of 1.67.
Wisdom Tree Investments (NASDAQ:WETF) last announced its earnings results on Friday, October 25th. The asset manager reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. Wisdom Tree Investments had a return on equity of 10.05% and a net margin of 1.46%. The firm had revenue of $67.70 million during the quarter, compared to analyst estimates of $66.88 million. During the same quarter in the prior year, the company earned $0.13 EPS. The business’s revenue was down 6.7% compared to the same quarter last year. Sell-side analysts anticipate that Wisdom Tree Investments will post 0.21 earnings per share for the current fiscal year.
A number of research analysts recently weighed in on WETF shares. Zacks Investment Research lowered Wisdom Tree Investments from a “hold” rating to a “sell” rating in a research report on Saturday, October 26th. ValuEngine raised Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Morgan Stanley reduced their price objective on Wisdom Tree Investments from $7.00 to $6.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 8th. Northland Securities reaffirmed a “hold” rating and set a $6.50 price objective on shares of Wisdom Tree Investments in a research report on Friday, October 25th. Finally, BidaskClub raised Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research report on Wednesday, September 18th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $7.10.
Wisdom Tree Investments Company Profile
WisdomTree Investments, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
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