Willis Towers Watson PLC (NASDAQ:WLTW) announced a quarterly dividend on Thursday, May 24th, Zacks reports. Investors of record on Saturday, June 30th will be paid a dividend of 0.60 per share by the financial services provider on Monday, July 16th. This represents a $2.40 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, June 28th.
Shares of Willis Towers Watson opened at $152.43 on Wednesday, according to MarketBeat Ratings. Willis Towers Watson has a 12-month low of $142.67 and a 12-month high of $165.00. The stock has a market cap of $20.25 billion, a P/E ratio of 17.91, a price-to-earnings-growth ratio of 1.33 and a beta of 0.89. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.68 and a quick ratio of 2.68.
Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings results on Monday, May 7th. The financial services provider reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.08. Willis Towers Watson had a net margin of 5.37% and a return on equity of 9.69%. The business had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the prior year, the company posted $3.71 EPS. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. equities analysts forecast that Willis Towers Watson will post 9.62 earnings per share for the current year.
Several analysts have recently weighed in on WLTW shares. SunTrust Banks increased their price target on shares of Willis Towers Watson to $192.00 and gave the company a “buy” rating in a research note on Thursday, March 22nd. MKM Partners increased their price target on shares of Willis Towers Watson to $190.00 and gave the company a “buy” rating in a research note on Monday, March 19th. Sandler O’Neill raised shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Friday, April 13th. They noted that the move was a valuation call. Citigroup dropped their price target on shares of Willis Towers Watson from $184.00 to $175.00 and set a “buy” rating for the company in a research note on Tuesday, April 10th. Finally, Wells Fargo & Co set a $154.00 price target on shares of Willis Towers Watson and gave the company a “hold” rating in a research note on Monday, May 7th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $171.23.
Willis Towers Watson Company Profile
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.
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