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

John Wiley & Sons, Inc. (NYSE:WLYB) shares 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 Down 0.5%

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 current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. The firm’s fifty day moving average price is $40.36 and its 200-day moving average price is $35.52.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.97 earnings per share (EPS) for the quarter, beating 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 company had revenue of $410.04 million during the quarter, compared to analyst estimates of $391.00 million.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, April 7th were given a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.2%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 49.48%.

About John Wiley & Sons

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.