Willis Towers Watson Public Limited Company (WTW) To Go Ex-Dividend on June 30th

Willis Towers Watson Public Limited Company (NASDAQ:WTW) declared a quarterly dividend on Tuesday, May 19th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.96 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, June 30th.

Willis Towers Watson Public has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 8 consecutive years. Willis Towers Watson Public has a dividend payout ratio of 20.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Willis Towers Watson Public to earn $22.12 per share next year, which means the company should continue to be able to cover its $3.84 annual dividend with an expected future payout ratio of 17.4%.

Willis Towers Watson Public Stock Up 3.0%

Shares of NASDAQ:WTW opened at $265.43 on Friday. Willis Towers Watson Public has a 52-week low of $240.61 and a 52-week high of $352.79. The firm has a market capitalization of $25.07 billion, a P/E ratio of 15.48, a P/E/G ratio of 0.85 and a beta of 0.43. The stock has a 50 day moving average price of $263.53 and a 200-day moving average price of $293.24. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.07. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.13 earnings per share. As a group, equities research analysts anticipate that Willis Towers Watson Public will post 19.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays decreased their price target on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Mizuho cut their price objective on shares of Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. UBS Group decreased their target price on shares of Willis Towers Watson Public from $400.00 to $374.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Keefe, Bruyette & Woods lowered their target price on shares of Willis Towers Watson Public from $384.00 to $380.00 and set an “outperform” rating for the company in a report on Tuesday, May 12th. Finally, Cantor Fitzgerald dropped their price target on Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average target price of $350.00.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.