Willis Towers Watson Public Limited (NASDAQ:WTW) plans a quarterly dividend of $0.88

Willis Towers Watson Public Limited (NASDAQ:WTW – Get Free Report ) announced a quarterly dividend on Monday, August 26th, Zacks reports. Shareholders of record on Monday, September 30th will receive a dividend of 0.88 per share on Tuesday, October 15th. This represents a dividend of $3.52 on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Monday, September 30.

Willis Towers Watson Public has a payout ratio of 18.8%, indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect that Willis Towers Watson Public will earn $18.56 per share next year, which means the company should be able to continue to cover its $3.52 annual dividend with a payout ratio of estimated future of 19.0%.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $285.40 on Tuesday. The company has a market cap of $28.99 billion, a PE ratio of 28.63, a price-to-earnings-growth ratio of 1.48 and a beta of 0.73. 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 one year low of $201.03 and a one year high of $286.61. The company’s fifty day moving average price is $270.49 and its 200 day moving average price is $266.34.

Willis Towers Watson Public (NASDAQ:WTW – Get Your Free Report ) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. Willis Towers Watson Public’s revenue for the quarter was up 4.9% compared to the same quarter last year. In the same period last year, the company earned $2.05 per share. As a group, analysts expect that Willis Towers Watson Public will post 16.51 earnings per share for the current year.

Changes in Analyst Ratings

A number of equities research analysts have weighed in on WTW shares. Truist Financial lifted their price objective on Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 26th. Bank of America upgraded Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $272.00 to $304.00 in a research report on Wednesday , May 22. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Morgan Stanley cut their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Finally, Roth Mkm raised their target price on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday, July 26th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $300.21.

Check out our latest report on Willis Towers Watson Public

Willis Towers Watson Public Company Profile

(Get a free report)

Willis Towers Watson Public Limited operates as a global consulting, brokerage and solutions company. It operates through two segments: Health, Wealth & Career and Risk & Broking. The Company provides strategy and design consulting, plan management services and support, brokerage and administration services for health, welfare and other group benefit programs, 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 consisting of discretionary investment management, pension administration, core actuarial and communication and change management support services.

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