Weyco Group (WEYS) Stock Price, News & Analysis

Company Overview

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. It is also involved in the wholesale of its products to footwear, department, and specialty stores, as well as e-commerce retailers in the United States and Canada. The company operates e-commerce business; and brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It operates in the United States, Canada, Australia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

Key Stats

• Today's Range: $37.81 to $39.00
• 50-Day Range: $31.92 to $41.04
• 52-Week Range: $27.05 to $41.05
• Volume: 31,578 shs
• Average Volume: 15,597 shs
• Market Capitalization: $369.07 million
• P/E Ratio: 12.88
• Dividend Yield: 2.67%
• Price Target: N/A
• Consensus Rating: N/A

Weyco Group Stock Analysis - MarketRank™

Weyco Group scored higher than 46% of companies evaluated by MarketBeat, and ranked 215th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Weyco Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Weyco Group is 12.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Weyco Group is 12.88, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.52.

Price to Book Value per Share Ratio

Weyco Group has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.93% of the float of Weyco Group has been sold short.

Short Interest Ratio / Days to Cover

Weyco Group has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Weyco Group has recently decreased by 4.49%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Weyco Group pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Weyco Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Weyco Group is 34.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.93% of the float of Weyco Group has been sold short.

Short Interest Ratio / Days to Cover

Weyco Group has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Weyco Group has recently decreased by 4.49%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.39

News Sentiment

Weyco Group has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Weyco Group this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Weyco Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Weyco Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $304,656.00 in company stock.

Percentage Held by Insiders

38.90% of the stock of Weyco Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 23.59% of the stock of Weyco Group is held by institutions.

WEYS Stock Analysis - Frequently Asked Questions

How have WEYS shares performed this year?

Weyco Group's stock was trading at $31.36 on January 1st, 2024. Since then, WEYS stock has increased by 24.0% and is now trading at $38.89.
View the best growth stocks for 2024 here.

How were Weyco Group's earnings last quarter?

Weyco Group, Inc. (NASDAQ:WEYS) issued its quarterly earnings results on Tuesday, May, 5th. The textile maker reported $0.12 earnings per share for the quarter. The textile maker had revenue of $63.58 million for the quarter. Weyco Group had a trailing twelve-month return on equity of 11.52% and a net margin of 9.94%.

Who are Weyco Group's major shareholders?

Top institutional investors of Weyco Group include Geode Capital Management LLC (1.63%), State Street Corp (0.96%), Empowered Funds LLC (0.38%) and Annex Advisory Services LLC (0.27%). Insiders that own company stock include Judy Anderson, Allison Woss, Damian Walton, Jeffrey S Douglass, Katherine Destinon and Dustin Combs.
View institutional ownership trends.

How do I buy shares of Weyco Group?

Shares of WEYS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Weyco Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Weyco Group investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Home Depot (HD), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

• Last Earnings: 5/05/2020
• Ex-Dividend for 9/30 Dividend: 8/19/2024
• Dividend Payable: 9/30/2024
• Today: 11/16/2024
• Ex-Dividend for 1/2 Dividend: 11/18/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Apparel, piece goods, & notions
• Sub-Industry: Distributors
• Current Symbol: NASDAQ:WEYS
• CUSIP: 96214910
• CIK: 106532
• Web: www.weycogroup.com
• Phone: (414) 908-1600
• Fax: 414-908-1603
• Employees: 440
• Year Founded: 1892

Profitability

• EPS (Most Recent Fiscal Year): $3.02
• Trailing P/E Ratio: 12.88
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $30.19 million
• Net Margins: 9.94%
• Pretax Margin: 13.46%
• Return on Equity: 11.52%
• Return on Assets: 9.38%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 8.62
• Quick Ratio: 6.31

Sales & Book Value

• Annual Sales: $318.05 million
• Price / Sales: 1.16
• Cash Flow: $3.58 per share
• Price / Cash Flow: 10.87
• Book Value: $27.20 per share
• Price / Book: 1.43

Miscellaneous

• Outstanding Shares: 9,490,000
• Free Float: 5,799,000
• Market Cap: $369.07 million
• Optionable: Not Optionable
• Beta: 0.71