Weyco Group (WEYS) Set to Announce Quarterly Earnings on Tuesday

Weyco Group (NASDAQ:WEYS) will announce its earnings results after the market closes on Tuesday, November 5th. Investors that are interested in participating in the company’s conference call can do so using this link.

Weyco Group (NASDAQ:WEYS) last announced its quarterly earnings results on Tuesday, August 6th. The textile maker reported $0.59 earnings per share (EPS) for the quarter. Weyco Group had a return on equity of 12.31% and a net margin of 10.04%. The business had revenue of $63.93 million for the quarter.

Weyco Group Trading Up 0.7 %

Shares of NASDAQ:WEYS opened at $33.91 on Tuesday. The company has a market capitalization of $322.15 million, a PE ratio of 11.05 and a beta of 0.71. Weyco Group has a 12-month low of $24.47 and a 12-month high of $35.44. The business’s fifty day simple moving average is $33.60 and its 200-day simple moving average is $31.49.

Weyco Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, August 19th were given a $0.26 dividend. The ex-dividend date was Monday, August 19th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.07%. Weyco Group’s payout ratio is 33.88%.

Insider Transactions at Weyco Group

In other news, insider Damian Walton sold 1,340 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $32.50, for a total value of $43,550.00. Following the completion of the sale, the insider now owns 7,030 shares of the company’s stock, valued at $228,475. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 3,078 shares of company stock valued at $102,351 in the last quarter. 38.90% of the stock is currently owned by corporate insiders.

About Weyco Group

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.