WisdomTree (WT) Set to Announce Earnings on Friday

WisdomTree (NYSE:WT - Get Free Report) is scheduled to announce its earnings results before the market opens on Friday, October 25th. Analysts expect WisdomTree to post earnings of $0.16 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

WisdomTree (NYSE:WT - Get Free Report) last released its earnings results on Friday, July 26th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $107.03 million for the quarter, compared to analysts' expectations of $103.75 million. WisdomTree had a return on equity of 19.22% and a net margin of 19.72%. On average, analysts expect WisdomTree to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

WisdomTree Stock Up 0.6 %

Shares of WT traded up $0.06 during mid-day trading on Friday, hitting $10.39. 1,507,110 shares of the company's stock were exchanged, compared to its average volume of 1,265,924. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.01 and a quick ratio of 2.18. WisdomTree has a 52 week low of $6.06 and a 52 week high of $12.02. The company has a market cap of $1.58 billion, a PE ratio of 15.28 and a beta of 1.43. The company has a 50-day simple moving average of $9.91 and a 200 day simple moving average of $9.82.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Wednesday, August 7th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.15%. The ex-dividend date was Wednesday, August 7th. WisdomTree's payout ratio is 17.65%.

Wall Street Analyst Weigh In

Several brokerages have commented on WT. Keefe, Bruyette & Woods reissued a "market perform" rating and set a $12.00 price target (up from $11.00) on shares of WisdomTree in a research report on Monday, July 29th. Northcoast Research lowered WisdomTree from a "strong-buy" rating to a "hold" rating in a report on Sunday, September 15th. Northland Securities raised their price target on WisdomTree from $12.00 to $13.50 and gave the company an "outperform" rating in a research note on Monday, July 29th. Craig Hallum upped their price objective on WisdomTree from $12.00 to $15.00 and gave the stock a "buy" rating in a research note on Monday, July 29th. Finally, Oppenheimer raised their target price on shares of WisdomTree from $12.00 to $13.00 and gave the company an "outperform" rating in a research note on Monday, July 29th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $11.96.

About WisdomTree

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.