The average one-year price target for John Wiley & Sons Inc. - (NYSE:WLY) has been revised to 48.96 / share. This is an increase of 6.67% from the prior estimate of 45.90 dated November 26, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 48.48 to a high of 50.40 / share. The average price target represents an increase of 50.09% from the latest reported closing price of 32.62 / share.
John Wiley & Sons Inc. - Declares $0.35 Dividend
On September 28, 2023 the company declared a regular quarterly dividend of $0.35 per share ($1.40 annualized). Shareholders of record as of October 10, 2023 received the payment on October 25, 2023. Previously, the company paid $0.35 per share.
At the current share price of $32.62 / share, the stock's dividend yield is 4.29%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.50%, the lowest has been 2.58%, and the highest has been 4.75%. The standard deviation of yields is 0.63 (n=78).
The current dividend yield is 1.26 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -0.67. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.02%, demonstrating that it has increased its dividend over time.
What is the Fund Sentiment?
There are 567 funds or institutions reporting positions in John Wiley & Sons Inc. -. This is an increase of 29 owner(s) or 5.39% in the last quarter. Average portfolio weight of all funds dedicated to WLY is 0.14%, an increase of 7.46%. Total shares owned by institutions decreased in the last three months by 2.35% to 48,042K shares. 
The put/call ratio of WLY is 0.25, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,874K shares representing 5.24% ownership of the company. In it's prior filing, the firm reported owning 3,004K shares, representing a decrease of 4.52%. The firm increased its portfolio allocation in WLY by 8.42% over the last quarter.
Clarkston Capital Partners holds 2,854K shares representing 5.20% ownership of the company. In it's prior filing, the firm reported owning 2,877K shares, representing a decrease of 0.81%. The firm increased its portfolio allocation in WLY by 18.34% over the last quarter.
Champlain Investment Partners holds 2,003K shares representing 3.65% ownership of the company. In it's prior filing, the firm reported owning 2,005K shares, representing a decrease of 0.11%. The firm increased its portfolio allocation in WLY by 15.02% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,318K shares representing 2.40% ownership of the company. In it's prior filing, the firm reported owning 1,317K shares, representing an increase of 0.12%. The firm increased its portfolio allocation in WLY by 13.51% over the last quarter.
Schroder Investment Management Group holds 1,100K shares representing 2.00% ownership of the company. In it's prior filing, the firm reported owning 660K shares, representing an increase of 40.00%. The firm decreased its portfolio allocation in WLY by 60.44% over the last quarter.
John Wiley & Sons Background Information
(This description is provided by the company.)
John Wiley & Sons Inc. drives the world forward with research and education. Through publishing, platforms and services, the company helps students, researchers, universities, and corporations to achieve their goals in an ever-changing world. For more than 200 years, Wiley has delivered consistent performance to all of its stakeholders.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
