Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

WisdomTree Investments

Nasdaq:WETF
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WETF
Nasdaq
$354M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • WisdomTree Investments is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • WisdomTree Investments has significant price volatility in the past 3 months.
WETF Share Price and Events
7 Day Returns
0%
NasdaqGS:WETF
-1.6%
US Capital Markets
-3.8%
US Market
1 Year Returns
-68.4%
NasdaqGS:WETF
-14.5%
US Capital Markets
-15.9%
US Market
WETF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
WisdomTree Investments (WETF) 0% -39.1% -47.4% -68.4% -73% -89.3%
US Capital Markets -1.6% -15.2% -25% -14.5% 0.9% 18.4%
US Market -3.8% -17.4% -24.1% -15.9% 2.8% 13.5%
1 Year Return vs Industry and Market
  • WETF underperformed the Capital Markets industry which returned -14.5% over the past year.
  • WETF underperformed the Market in United States of America which returned -15.9% over the past year.
Price Volatility
WETF
Industry
5yr Volatility vs Market

WETF Value

 Is WisdomTree Investments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of WisdomTree Investments to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for WisdomTree Investments.

NasdaqGS:WETF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $3.14 * 6.3%
$0.20
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. $3.14
Discount Rate (Cost of Equity) See below 7.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:WETF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.744 (1 + (1- 21%) (56.15%))
1.049
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.049 * 5.44%)
7.45%

Discounted Cash Flow Calculation for NasdaqGS:WETF using Excess Returns Model Model

The calculations below outline how an intrinsic value for WisdomTree Investments is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGS:WETF Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.3% – 7.45%) * $3.14)
$-0.04
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.04 / (7.45% - 1.74%)
$-0.65
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $3.14 + $-0.65
$2.49
NasdaqGS:WETF Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.49
Current discount Discount to share price of $2.31
= -1 x ($2.31 - $2.49) / $2.49
7.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price WisdomTree Investments is available for.
Intrinsic value
7%
Share price is $2.31 vs Future cash flow value of $2.49
Current Discount Checks
For WisdomTree Investments to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • WisdomTree Investments's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • WisdomTree Investments's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for WisdomTree Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are WisdomTree Investments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:WETF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.08
NasdaqGS:WETF Share Price ** NasdaqGS (2020-04-06) in USD $2.31
United States of America Capital Markets Industry PE Ratio Median Figure of 92 Publicly-Listed Capital Markets Companies 33.66x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of WisdomTree Investments.

NasdaqGS:WETF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:WETF Share Price ÷ EPS (both in USD)

= 2.31 ÷ -0.08

-27.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WisdomTree Investments is loss making, we can't compare its value to the US Capital Markets industry average.
  • WisdomTree Investments is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does WisdomTree Investments's expected growth come at a high price?
Raw Data
NasdaqGS:WETF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -27.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
67.1%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 2.03x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.88x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for WisdomTree Investments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on WisdomTree Investments's assets?
Raw Data
NasdaqGS:WETF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $2.22
NasdaqGS:WETF Share Price * NasdaqGS (2020-04-06) in USD $2.31
United States of America Capital Markets Industry PB Ratio Median Figure of 183 Publicly-Listed Capital Markets Companies 7.87x
United States of America Market PB Ratio Median Figure of 5,148 Publicly-Listed Companies 1.2x
NasdaqGS:WETF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:WETF Share Price ÷ Book Value per Share (both in USD)

= 2.31 ÷ 2.22

1.04x

* Primary Listing of WisdomTree Investments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WisdomTree Investments is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess WisdomTree Investments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. WisdomTree Investments has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WETF Future Performance

 How is WisdomTree Investments expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
67.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is WisdomTree Investments expected to grow at an attractive rate?
  • WisdomTree Investments's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • WisdomTree Investments's earnings growth is expected to exceed the United States of America market average.
  • WisdomTree Investments's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:WETF Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:WETF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 67.1%
NasdaqGS:WETF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 1.6%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.3%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:WETF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:WETF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 287 61 3
2021-12-31 270 45 40 8
2020-12-31 262 33 39 9
2020-04-07
NasdaqGS:WETF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 268 47 -13
2019-09-30 267 50 3
2019-06-30 272 44 19
2019-03-31 281 50 32
2018-12-31 274 37 34
2018-09-30 267 48 45
2018-06-30 252 40 32
2018-03-31 233 41 29
2017-12-31 228 49 27
2017-09-30 218 42 30
2017-06-30 212 43 30
2017-03-31 212 51 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • WisdomTree Investments's earnings are expected to grow significantly at over 20% yearly.
  • WisdomTree Investments's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:WETF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from WisdomTree Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WETF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.36 0.36 0.36 1.00
2021-12-31 0.24 0.28 0.20 4.00
2020-12-31 0.23 0.28 0.15 5.00
2020-04-07
NasdaqGS:WETF Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.08
2019-09-30 0.02
2019-06-30 0.13
2019-03-31 0.21
2018-12-31 0.23
2018-09-30 0.31
2018-06-30 0.23
2018-03-31 0.21
2017-12-31 0.20
2017-09-30 0.23
2017-06-30 0.23
2017-03-31 0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • WisdomTree Investments is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess WisdomTree Investments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
WisdomTree Investments has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WETF Past Performance

  How has WisdomTree Investments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare WisdomTree Investments's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • WisdomTree Investments does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare WisdomTree Investments's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare WisdomTree Investments's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
WisdomTree Investments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from WisdomTree Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:WETF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 268.40 -12.59 42.38
2019-09-30 267.36 2.86 43.42
2019-06-30 272.22 19.17 43.93
2019-03-31 280.70 32.25 45.42
2018-12-31 274.12 33.63 45.22
2018-09-30 267.22 44.65 42.44
2018-06-30 252.37 32.43 41.09
2018-03-31 233.40 28.89 39.48
2017-12-31 228.30 26.50 38.88
2017-09-30 218.12 30.26 38.12
2017-06-30 212.20 30.42 37.96
2017-03-31 212.37 22.31 39.16
2016-12-31 218.92 25.38 40.08
2016-09-30 245.14 42.86 40.08
2016-06-30 274.10 58.19 39.66
2016-03-31 299.68 78.71 36.91
2015-12-31 298.94 80.05 33.93
2015-09-30 272.05 69.14 32.66
2015-06-30 238.41 56.48 30.78
2015-03-31 200.98 42.91 29.67
2014-12-31 183.76 61.05 28.89
2014-09-30 177.33 67.91 26.63
2014-06-30 169.84 72.25 24.34
2014-03-31 163.05 73.89 22.16
2013-12-31 149.47 51.54 20.32
2013-09-30 129.88 40.31 18.13
2013-06-30 111.91 29.88 16.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if WisdomTree Investments has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if WisdomTree Investments has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if WisdomTree Investments improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess WisdomTree Investments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
WisdomTree Investments has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WETF Health

 How is WisdomTree Investments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up WisdomTree Investments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • WisdomTree Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • WisdomTree Investments's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of WisdomTree Investments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from WisdomTree Investments Company Filings, last reported 3 months ago.

NasdaqGS:WETF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 469.98 175.96 92.29
2019-09-30 497.11 181.36 91.95
2019-06-30 496.39 195.76 88.71
2019-03-31 496.00 195.17 85.36
2018-12-31 490.90 194.59 86.66
2018-09-30 505.65 194.00 81.55
2018-06-30 485.89 193.41 74.46
2018-03-31 201.61 0.00 111.24
2017-12-31 192.95 0.00 121.49
2017-09-30 202.98 0.00 141.63
2017-06-30 202.50 0.00 141.36
2017-03-31 197.61 0.00 141.25
2016-12-31 201.34 0.00 155.62
2016-09-30 205.86 0.00 180.12
2016-06-30 207.78 0.00 178.00
2016-03-31 203.92 0.00 159.76
2015-12-31 234.50 0.00 210.07
2015-09-30 245.21 0.00 211.99
2015-06-30 217.39 0.00 189.27
2015-03-31 181.05 0.00 151.70
2014-12-31 184.29 0.00 165.28
2014-09-30 174.30 0.00 151.29
2014-06-30 153.86 0.00 128.85
2014-03-31 135.90 0.00 104.78
2013-12-31 109.03 0.00 104.32
2013-09-30 91.24 0.00 87.11
2013-06-30 75.39 0.00 70.73
  • WisdomTree Investments's level of debt (37.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if WisdomTree Investments's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (26.6%, greater than 20% of total debt).
  • WisdomTree Investments is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess WisdomTree Investments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. WisdomTree Investments has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WETF Dividends

 What is WisdomTree Investments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.19%
Current annual income from WisdomTree Investments dividends. Estimated to be 5.44% next year.
If you bought $2,000 of WisdomTree Investments shares you are expected to receive $104 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • WisdomTree Investments's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (2.07%).
  • WisdomTree Investments's dividend is below the markets top 25% of dividend payers in United States of America (5.82%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:WETF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1933 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:WETF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.13 3.00
2021-12-31 0.12 6.00
2020-12-31 0.13 7.00
2020-04-07
NasdaqGS:WETF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-28 0.120 4.376
2020-01-31 0.120 2.637
2019-11-01 0.120 2.569
2019-10-25 0.120 2.299
2019-04-26 0.120 2.090
2019-02-01 0.120 1.678
2018-07-27 0.120 1.624
2018-04-27 0.120 1.155
2018-03-01 0.120 1.274
2018-02-02 0.120 1.190
2017-07-28 0.320 2.975
2017-05-08 0.320 3.238
2017-04-28 0.320 3.829
2017-03-01 0.320 3.619
2017-02-03 0.320 3.571
2016-11-09 0.320 2.926
2016-10-28 0.320 3.739
2016-08-09 0.320 3.167
2016-07-29 0.320 3.167
2016-05-09 0.320 2.984
2016-04-29 0.320 3.020
2016-02-29 0.320 2.687
2016-02-05 0.320 2.873
2015-07-31 0.320 1.880
2015-05-01 0.320 1.485
2014-10-31 0.320 1.814

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • WisdomTree Investments has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • WisdomTree Investments has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of WisdomTree Investments's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess WisdomTree Investments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can WisdomTree Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. WisdomTree Investments has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WETF Management

 What is the CEO of WisdomTree Investments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jonathan Steinberg
COMPENSATION $1,962,249
AGE 55
TENURE AS CEO 31.5 years
CEO Bio

Mr. Jonathan Laurence Steinberg is Founder and serves as Chief Executive Officer and Director of WisdomTree Asset Management, Inc. Mr. Steinberg served as President of WisdomTree Investments, Inc. until September 5, 2019. Mr. Steinberg is the Chief Executive Officer at WisdomTree Investments, Inc. since October 1988, as its President since August 1, 2012 and its Director since October 01, 1988. Previously, Mr. Steinberg served as the Chief Operating Officer, Secretary and as Chairman from October 1988 to November 2004 at the firm. He founded the firm. Prior to this, Mr. Steinberg was an Analyst in the Mergers and Acquisitions Department at Bear, Stearns & Co., Inc. from 1986 to 1988. He has served as a General Counsel and Secretary at Martha Stewart Living Omnimedia, Inc. Mr. Steinberg was an Executive Vice President of Licensing and Legal Affairs, General Counsel, and Secretary at Ziff Davis Media Inc. He was a Director of Genting UK Plc until September 12, 2001. He is the author of Midas Investing. Mr. Steinberg attended University of Pennsylvania - The Wharton School. He earned a J.D. from Harvard Law School and a B.A. in Political Science and Mathematics from Claremont McKenna College.

CEO Compensation
  • Jonathan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jonathan's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the WisdomTree Investments management team in years:

4.6
Average Tenure
52.5
Average Age
  • The tenure for the WisdomTree Investments management team is about average.
Management Team

Jonathan Steinberg

TITLE
Founder
COMPENSATION
$2M
AGE
55
TENURE
31.5 yrs

Amit Muni

TITLE
Executive VP of Finance & CFO
COMPENSATION
$1M
AGE
50
TENURE
12.1 yrs

Robert Lilien

TITLE
President & COO
COMPENSATION
$4M
AGE
57
TENURE
0.6 yrs

Bryan Edmiston

TITLE
Chief Accounting Officer
AGE
43

David Yates

TITLE
Chief Information Officer
TENURE
5 yrs

Peter Ziemba

TITLE
Executive VP
COMPENSATION
$2M
AGE
61

Jason Weyeneth

TITLE
Director of Investor Relations
TENURE
4.3 yrs

Jessica Zaloom

TITLE
Head of Corporate Communications and Public Relations

Altaf Cassam

TITLE
Head of Compliance

Marci Frankenthaler

TITLE
Executive VP & Chief Legal Officer
AGE
50
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the WisdomTree Investments board of directors in years:

9
Average Tenure
55.5
Average Age
  • The tenure for the WisdomTree Investments board of directors is about average.
Board of Directors

Frank Salerno

TITLE
Chairman
COMPENSATION
$309K
AGE
59
TENURE
0.5 yrs

Jonathan Steinberg

TITLE
Founder
COMPENSATION
$2M
AGE
55
TENURE
31.5 yrs

Win Neuger

TITLE
Independent Director
COMPENSATION
$217K
AGE
69
TENURE
6.8 yrs

Susan Cosgrove

TITLE
Independent Director
AGE
56
TENURE
1 yrs

Bruce Lavine

TITLE
Independent Director
COMPENSATION
$185K
AGE
52
TENURE
13.3 yrs

Tony Bossone

TITLE
Independent Director
COMPENSATION
$215K
AGE
48
TENURE
11.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by WisdomTree Investments individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Mar 20 Buy Jeremy Schwartz Individual 12. Mar 20 12. Mar 20 20,000 $2.32 $46,380
12. Mar 20 Buy Anthony Bossone Individual 11. Mar 20 11. Mar 20 100,000 $3.00 $300,000
03. Mar 20 Buy Anthony Bossone Individual 28. Feb 20 02. Mar 20 100,000 $3.90 $389,494
04. Feb 20 Buy Peter Ziemba Individual 03. Feb 20 03. Feb 20 25,000 $4.19 $104,685
04. Feb 20 Buy Jonathan Steinberg Individual 03. Feb 20 03. Feb 20 177,099 $4.26 $754,017
04. Feb 20 Buy Jeremy Schwartz Individual 03. Feb 20 03. Feb 20 20,000 $4.20 $84,086
04. Feb 20 Buy Robert Lilien Individual 03. Feb 20 03. Feb 20 23,529 $4.23 $99,483
15. Nov 19 Buy Anthony Bossone Individual 14. Nov 19 14. Nov 19 100,000 $4.99 $499,430
12. Nov 19 Sell Frank Salerno Individual 11. Nov 19 11. Nov 19 -6,672 $5.34 $-35,601
30. Oct 19 Buy Robert Lilien Individual 29. Oct 19 29. Oct 19 18,940 $5.28 $100,003
29. Aug 19 Buy Jeremy Schwartz Individual 28. Aug 19 28. Aug 19 10,000 $4.73 $47,315
23. May 19 Buy Jonathan Steinberg Individual 23. May 19 23. May 19 79,365 $6.25 $496,253
13. May 19 Buy Jonathan Steinberg Individual 13. May 19 13. May 19 75,000 $6.57 $492,765
X
Management checks
We assess WisdomTree Investments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. WisdomTree Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WETF News

Simply Wall St News

Why You Should Not Buy WisdomTree Investments Inc (NASDAQ:WETF) For Dividend

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … WisdomTree Investments Inc (NASDAQ:WETF) has returned to shareholders over the past 4 years, an average dividend yield of 3.00% annually. … Let's dig deeper into whether WisdomTree Investments should have a place in your portfolio.

Simply Wall St -

Want To Invest In WisdomTree Investments Inc (NASDAQ:WETF)? Here's How It Performed Lately

Measuring WisdomTree Investments Inc's (NASDAQ:WETF) track record of past performance is a valuable exercise for investors. … Today I will assess WETF's recent performance announced on 31 March 2018 and compare these figures to its historical trend and industry movements. … Commentary On WETF's Past Performance

Simply Wall St -

WisdomTree Investments Inc (NASDAQ:WETF): The Best Of Both Worlds

I've been keeping an eye on WisdomTree Investments Inc (NASDAQ:WETF) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe WETF has a lot to offer. … company with

Simply Wall St -

Is February The Month To Buy WisdomTree Investments Inc (NASDAQ:WETF) For Your Growth Portfolio?

WisdomTree Investments Inc (NASDAQ:WETF) is considered a high-growth stock, but its last closing price of $10.01 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … WisdomTree Investments is poised for significantly high earnings growth in the near future. … As Warren Buffett’s right-hand man Charlie Munger said, “No matter how wonderful a business is, it’s not worth an infinite price.” WisdomTree Investments is available at price-to-earnings ratio of 49.54x, showing us it is overvalued compared to the US market average ratio of 18.9x , and overvalued based on current earnings compared to the capital markets industry average of 17.72x.

Simply Wall St -

Don't Trust NASDAQ:WETF's 2.53% Yield

WisdomTree Investments Inc (NASDAQ:WETF) has returned to shareholders over the past 3 years, an average dividend yield of 3.00% annually. … View our latest analysis for WisdomTree Investments 5 questions to ask before buying a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is their annual yield among the top 25% of dividend payers? … If dividend is a key criteria in your investment consideration, then you need to make sure the dividend stock you're eyeing out is reliable in its payments.

Simply Wall St -

With -27.1% Earnings Drop Lately, Did WisdomTree Investments Inc (NASDAQ:WETF) Underperform Its Industry?

After reading WisdomTree Investments Inc's (NASDAQ:WETF) most recent earnings announcement (30 September 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … See our latest analysis for WisdomTree Investments Was WETF's recent earnings decline worse than the long-term trend and the industry? … This suggests that whatever tailwind the industry is enjoying, WisdomTree Investments has not been able to realize the gains unlike its average peer.What does this mean?

Simply Wall St -

Is It The Right Time To Buy WisdomTree Investments Inc (WETF)?

Check out our latest analysis for WisdomTree Investments Is WETF still cheap? … According to my valuation model, WETF seems to be fairly priced at around 3% below my intrinsic value, which means if you buy WETF today, you’d be paying a fair price for it. … WETF’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

Read This Before Buying WisdomTree Investments Inc (WETF) For Its Upcoming $0.08 Dividend

On the 22 November 2017, WisdomTree Investments Inc (NASDAQ:WETF) will be paying shareholders an upcoming dividend amount of $0.08 per share. … Check out our latest analysis for WisdomTree Investments 5 questions to ask before buying a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is it paying an annual yield above 75% of dividend payers? … Compared to its peers, WisdomTree Investments produces a yield of 2.70%, which is high for capital markets stocks but still below the market's top dividend payers.

Simply Wall St -

WisdomTree Investments Inc (WETF): Poised For Long-Term Success?

WisdomTree Investments Inc (NASDAQ:WETF) is expected to deliver an impressive 97.20% in earnings growth per share over the next three years. … This indicates a relatively solid earnings per share growth rate of 97.20% over the next few years, which is an optimistic outlook in the near term. … WETF’s earnings growth the past couple of years was 26.53% which indicates that the company's past performance is supportive of a strong continuation.

Simply Wall St -

WETF Company Info

Description

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology. In addition, the company provides investment advisory services. The company was founded in 1985 and is based in New York, New York.

Details
Name: WisdomTree Investments, Inc.
WETF
Exchange: NasdaqGS
Founded: 1985
$353,874,353
153,192,361
Website: http://www.wisdomtree.com
Address: WisdomTree Investments, Inc.
245 Park Avenue,
35th Floor,
New York,
New York, 10167,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS WETF Common Stock Nasdaq Global Select US USD 04. Dec 1991
DB 1WT Common Stock Deutsche Boerse AG DE EUR 04. Dec 1991
LSE 0LY1 Common Stock London Stock Exchange GB USD 04. Dec 1991
BRSE 1WT Common Stock Berne Stock Exchange CH CHF 04. Dec 1991
Number of employees
Current staff
Staff numbers
208
WisdomTree Investments employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 02:03
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.