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

Willis Towers Watson Public Limited (NASDAQ:WTW) announced a quarterly dividend on Friday, August 23rd, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.88 per share on Tuesday, October 15th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Monday, September 30th.

Willis Towers Watson Public has increased its dividend payment by an average of 6.9% annually over the last three years. Willis Towers Watson Public has a dividend payout ratio of 18.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Willis Towers Watson Public to earn $18.56 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 19.0%.

Willis Towers Watson Public Trading Up 0.6 %

Shares of NASDAQ:WTW opened at $293.02 on Friday. The business’s 50-day moving average is $284.64 and its 200 day moving average is $269.27. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public has a 1 year low of $203.36 and a 1 year high of $296.45. The firm has a market capitalization of $29.76 billion, a P/E ratio of 29.39, a P/E/G ratio of 1.50 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. Willis Towers Watson Public’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. On average, research analysts predict that Willis Towers Watson Public will post 16.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WTW has been the subject of several analyst reports. Morgan Stanley decreased their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. Roth Mkm lifted their price target on Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Truist Financial upped their target price on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Wells Fargo & Company boosted their price target on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Hold” and an average target price of $298.73.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.