Weyco Group (WEYS) Scheduled to Post Quarterly Earnings on Tuesday

Posted by Alphonse Anthony on May 5th, 2024

Weyco Group (NASDAQ:WEYS – Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Weyco Group (NASDAQ:WEYS – Get Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The textile maker reported $0.90 earnings per share (EPS) for the quarter. Weyco Group had a net margin of 9.49% and a return on equity of 12.88%. The firm had revenue of $80.59 million during the quarter.

Weyco Group Stock Down 1.4 %

NASDAQ:WEYS opened at $29.28 on Friday. Weyco Group has a 12-month low of $24.47 and a 12-month high of $33.70. The firm has a market capitalization of $278.45 million, a PE ratio of 9.27 and a beta of 0.83. The firm has a 50-day moving average price of $29.93 and a 200 day moving average price of $30.12.

Weyco Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Thursday, March 14th. Weyco Group’s dividend payout ratio (DPR) is presently 31.65%.

Insider Buying and Selling

In related news, VP Dustin Combs sold 4,016 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $28.81, for a total value of $115,700.96. Following the completion of the transaction, the vice president now owns 2,150 shares of the company’s stock, valued at $61,941.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 38.90% of the company’s stock.

Weyco Group Company Profile

(Get Free Report)

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.