WisdomTree (WT) Expected to Announce Quarterly Earnings on Friday

WisdomTree (NYSE:WT - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 2nd. Analysts expect WisdomTree to post earnings of $0.16 per share and revenue of $108.47 million for the quarter.

WisdomTree (NYSE:WT - Get Free Report) last issued its earnings results on Friday, January 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. On average, analysts expect WisdomTree to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

WisdomTree Price Performance

WisdomTree stock traded up $0.14 during midday trading on Wednesday, reaching $8.52. 1,653,906 shares of the stock traded hands, compared to its average volume of 1,540,017. The stock has a market cap of $1.25 billion, a P/E ratio of 27.48 and a beta of 1.26. The stock's fifty day moving average is $8.67 and its 200-day moving average is $9.87. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28. WisdomTree has a 12 month low of $7.47 and a 12 month high of $12.45.

WisdomTree Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.12 annualized dividend and a dividend yield of 1.41%. WisdomTree's dividend payout ratio (DPR) is 38.71%.

Insider Transactions at WisdomTree

In related news, insider Alexis Marinof sold 90,980 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the sale, the insider now directly owns 221,146 shares of the company's stock, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 7.80% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on WT. Keefe, Bruyette & Woods reduced their price target on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating on the stock in a research report on Tuesday, January 14th. Northcoast Research cut shares of WisdomTree from a "buy" rating to a "neutral" rating in a research report on Thursday, January 2nd. Finally, The Goldman Sachs Group lowered their price target on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, WisdomTree presently has an average rating of "Hold" and a consensus price target of $12.42.

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.