MarketWise (NASDAQ:MKTW - Get Free Report) released its quarterly earnings data on Thursday. The newsletter publisher reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.02, Zacks reports. MarketWise had a negative return on equity of 1.89% and a net margin of 1.20%. The firm had revenue of $97.48 million during the quarter, compared to analyst estimates of $77.36 million.
MarketWise Price Performance
MKTW traded down $0.04 during midday trading on Monday, reaching $0.69. 992,894 shares of the company's stock traded hands, compared to its average volume of 675,367. MarketWise has a 52 week low of $0.46 and a 52 week high of $2.08. The firm has a fifty day moving average of $0.61 and a two-hundred day moving average of $0.61. The stock has a market capitalization of $223.95 million, a price-to-earnings ratio of 5.75 and a beta of 0.36.
MarketWise Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Tuesday, March 18th. MarketWise's payout ratio is 23.53%.
MarketWise Company Profile
(
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MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.
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