John Wiley & Sons (NYSE:WLYB) Shares Gap Up – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB) gapped up before the market opened on Thursday . The stock had previously closed at $41.05, but opened at $44.02. John Wiley & Sons shares last traded at $44.02, with a volume of 106 shares traded.

John Wiley & Sons Stock Performance

The company has a market cap of $2.26 billion, a price-to-earnings ratio of 15.34 and a beta of 0.58. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.59 and a quick ratio of 0.57. The stock has a 50-day moving average price of $40.36 and a 200 day moving average price of $35.52.

John Wiley & Sons (NYSE:WLYB) last announced its earnings results on Thursday, March 5th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11. The firm had revenue of $410.04 million during the quarter, compared to analyst estimates of $391.00 million. John Wiley & Sons had a net margin of 9.24% and a return on equity of 28.38%.

John Wiley & Sons Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were paid a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a yield of 3.2%. John Wiley & Sons’s dividend payout ratio is presently 49.48%.

John Wiley & Sons Company Profile

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.