Wall Street analysts expect WisdomTree Investments, Inc. (NASDAQ:WETF) to announce earnings of $0.07 per share for the current quarter, according to Zacks. Four analysts have issued estimates for WisdomTree Investments’ earnings. The lowest EPS estimate is $0.06 and the highest is $0.07. WisdomTree Investments posted earnings per share of $0.03 during the same quarter last year, which indicates a positive year over year growth rate of 133.3%. The business is expected to issue its next earnings report on Friday, February 2nd.

On average, analysts expect that WisdomTree Investments will report full-year earnings of $0.25 per share for the current year, with EPS estimates ranging from $0.23 to $0.27. For the next fiscal year, analysts expect that the business will report earnings of $0.35 per share, with EPS estimates ranging from $0.29 to $0.42. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover WisdomTree Investments.

WisdomTree Investments (NASDAQ:WETF) last released its quarterly earnings results on Friday, October 27th. The asset manager reported $0.06 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.06. WisdomTree Investments had a return on equity of 15.47% and a net margin of 12.98%. The business had revenue of $57.99 million during the quarter, compared to analysts’ expectations of $57.89 million. During the same period in the previous year, the business posted $0.06 earnings per share. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year.

A number of research firms recently issued reports on WETF. BidaskClub cut WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Friday, August 11th. Keefe, Bruyette & Woods reaffirmed an “underperform” rating on shares of WisdomTree Investments in a report on Thursday, August 10th. Northland Securities reaffirmed a “hold” rating and issued a $12.00 price target on shares of WisdomTree Investments in a report on Sunday, October 29th. Zacks Investment Research cut WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Finally, Citigroup reaffirmed a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a report on Monday, October 30th. Five research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. WisdomTree Investments has an average rating of “Hold” and an average target price of $11.28.

WisdomTree Investments (WETF) traded up $0.27 during trading on Friday, hitting $12.00. The company had a trading volume of 2,602,900 shares, compared to its average volume of 2,063,275. WisdomTree Investments has a fifty-two week low of $7.87 and a fifty-two week high of $13.32. The company has a market capitalization of $1,605.97, a PE ratio of 51.00, a price-to-earnings-growth ratio of 2.77 and a beta of 3.16.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were issued a dividend of $0.08 per share. The ex-dividend date was Tuesday, November 7th. This represents a $0.32 annualized dividend and a yield of 2.67%. WisdomTree Investments’s dividend payout ratio is currently 145.46%.

A number of large investors have recently made changes to their positions in WETF. Everence Capital Management Inc. bought a new stake in WisdomTree Investments during the 3rd quarter worth about $103,000. Penserra Capital Management LLC bought a new stake in WisdomTree Investments during the 2nd quarter worth about $107,000. Traynor Capital Management Inc. bought a new stake in WisdomTree Investments during the 3rd quarter worth about $111,000. 3D Asset Management Inc. bought a new stake in WisdomTree Investments during the 3rd quarter worth about $112,000. Finally, Shelton Capital Management bought a new stake in WisdomTree Investments during the 2nd quarter worth about $116,000. 91.61% of the stock is owned by hedge funds and other institutional investors.

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About WisdomTree Investments

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

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Earnings History and Estimates for WisdomTree Investments (NASDAQ:WETF)

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