WillScot Holdings Corporation (WSC) to Issue Quarterly Dividend of $0.07 on December 17th

WillScot Holdings Corporation (NASDAQ:WSC) declared a quarterly dividend on Thursday, November 6th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of 0.07 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, December 3rd.

WillScot has a payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect WillScot to earn $1.96 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 14.3%.

WillScot Trading Down 2.2%

Shares of WSC stock opened at $19.75 on Monday. The company has a market capitalization of $3.59 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.77 and a beta of 1.12. The firm has a 50-day moving average price of $20.41 and a 200 day moving average price of $24.53. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 3.39. WillScot has a 12-month low of $14.91 and a 12-month high of $39.81.

WillScot (NASDAQ:WSC) last announced its earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.29 by $0.01. WillScot had a return on equity of 23.09% and a net margin of 9.64%.The business had revenue of $566.84 million for the quarter, compared to the consensus estimate of $583.52 million. During the same period in the previous year, the business earned $0.38 EPS. WillScot’s revenue was down 5.8% compared to the same quarter last year. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts forecast that WillScot will post 1.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WSC has been the subject of a number of research reports. Jefferies Financial Group lowered their target price on WillScot from $32.00 to $23.00 and set a “hold” rating for the company in a research note on Monday, September 29th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a research report on Wednesday, October 8th. UBS Group set a $35.00 price target on shares of WillScot in a report on Tuesday, September 30th. Barclays reduced their price objective on WillScot from $22.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday, November 10th. Finally, Robert W. Baird set a $22.00 target price on WillScot and gave the company an “outperform” rating in a research note on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.13.

About WillScot

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.