John Wiley & Sons (NYSE:WLYB) Trading Down 0.1% – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB)’s share price traded down 0.1% on Monday . The stock traded as low as $41.39 and last traded at $41.39. 167 shares were traded during trading, a decline of 65% from the average session volume of 481 shares. The stock had previously closed at $41.45.

John Wiley & Sons Stock Down 0.4%

The firm’s 50 day moving average is $39.40 and its two-hundred day moving average is $35.23. The firm has a market cap of $2.11 billion, a P/E ratio of 14.36 and a beta of 0.57. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06.

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

John Wiley & Sons Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were paid a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, April 7th. John Wiley & Sons’s dividend payout ratio (DPR) 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.