WETF - WisdomTree Investments Inc Stock Price, Fair Value and News

9.36USD+0.17 (+1.85%)Market Closed

Market Summary

USD9.36+0.17

Market Closed

1.85%

WETF Alerts

Big jump in Earnings (Y/Y)

WETF Stock Price

View Fullscreen

WETF RSI Chart

WETF Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

13.11

Price/Sales (Trailing)

3.91

EV/EBITDA

8.95

Price/Free Cashflow

15.82

WETF Price/Sales (Trailing)

WETF Profitability

EBT Margin

35.51%

Return on Equity

25.62%

Return on Assets

11.64%

Free Cashflow Yield

6.32%

WETF Fundamentals

WETF Revenue

Revenue (TTM)

363.8M

Rev. Growth (Yr)

18.03%

Rev. Growth (Qtr)

6.6%

WETF Earnings

Earnings (TTM)

108.4M

Earnings Growth (Yr)

36.21%

Earnings Growth (Qtr)

15.9%

Breaking Down WETF Revenue

Last 7 days

4.4%

Last 30 days

-1.7%

Last 90 days

34.7%

Trailing 12 Months

30.0%

How does WETF drawdown profile look like?

WETF Financial Health

Current Ratio

2.95

WETF Investor Care

Dividend Yield

1.28%

Dividend/Share (TTM)

0.12

Shares Dilution (1Y)

1.71%

Diluted EPS (TTM)

0.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	363.8M	0	0	0
2023	305.0M	313.5M	331.5M	349.0M
2022	311.4M	312.9M	307.2M	301.3M
2021	258.0M	276.4M	290.8M	304.3M
2020	266.1M	257.1M	253.2M	249.9M
2019	280.7M	272.2M	267.4M	268.4M
2018	233.2M	251.7M	266.6M	274.1M
2017	212.6M	212.9M	218.8M	228.9M
2016	299.7M	274.1M	245.1M	218.9M
2015	201.0M	238.4M	272.1M	298.9M
2014	163.0M	169.8M	177.3M	183.8M
2013	95.0M	111.9M	129.9M	149.5M
2012	69.8M	73.5M	77.4M	84.8M
2011	0	49.6M	58.0M	64.0M
2010	27.0M	31.9M	36.7M	41.6M
2009	0	0	0	22.1M
2008	0	0	0	23.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of WisdomTree Investments Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jul 25, 2022	neuger win j	acquired	-	-	19,762	-
Jul 25, 2022	salerno frank	acquired	-	-	19,762	-
Jul 25, 2022	blake lynn s.	acquired	-	-	19,762	-
Jul 25, 2022	cosgrove susan j	acquired	-	-	19,762	-
Jul 25, 2022	singleton harold iii	acquired	-	-	19,762	-
Jul 25, 2022	bossone anthony	acquired	-	-	19,762	-
Jul 25, 2022	conjeevaram smita	acquired	-	-	19,762	-
Jul 25, 2022	fuhr deborah	acquired	-	-	19,762	-
Jun 06, 2022	ziemba peter m	gifted	-	-	-9,250	chief administrative officer
Jun 03, 2022	ziemba peter m	gifted	-	-	-10,000	chief administrative officer

Which funds bought or sold WETF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	M&T Bank Corp	reduced	-9.36	214,018	1,276,070	-%
May 07, 2024	Arizona State Retirement System	reduced	-1.68	66,358	284,771	-%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	117,604	117,604	-%
May 07, 2024	ClariVest Asset Management LLC	new	-	3,839,670	3,839,670	0.40%
May 07, 2024	OPPENHEIMER & CO INC	new	-	197,585	197,585	-%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-7.26	105,000	565,000	0.01%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	49.26	1,255,510	2,537,550	-%
May 07, 2024	ASSETMARK, INC	new	-	18.00	18.00	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	106	550,000	867,000	-%
May 07, 2024	Swiss National Bank	unchanged	-	502,172	2,042,020	-%

Are Funds Buying or Selling WETF?

Are funds buying WETF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WETF

No. of Funds

WETF Alerts

Big jump in Earnings (Y/Y)

Unveiling WisdomTree Investments Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 18, 2024	etfs capital limited.	10.0%	15,250,000	SC 13D/A
Mar 25, 2024	etfs capital limited.	10.0%	15,250,000	SC 13D/A
Feb 14, 2024	arrowmark colorado holdings llc	8.98%	13,495,079	SC 13G/A
Feb 13, 2024	steinhardt michael h	3.46%	5,206,144	SC 13G/A
Feb 13, 2024	vanguard group inc	9.71%	14,603,944	SC 13G/A
Feb 09, 2024	massachusetts financial services co /ma/	3.3%	4,966,551	SC 13G/A
Jan 23, 2024	blackrock inc.	12.2%	18,335,140	SC 13G/A
Jul 10, 2023	vanguard group inc	10.02%	14,960,334	SC 13G/A
Jun 28, 2023	etfs capital limited.	10.2%	15,250,000	SC 13D/A
May 12, 2023	etfs capital limited.	10.2%	15,250,000	SC 13D/A

Recent SEC filings of WisdomTree Investments Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 06, 2024	DEFA14A	DEFA14A
May 06, 2024	DFAN14A	DFAN14A
May 03, 2024	DEFC14A	DEFC14A
May 03, 2024	DFAN14A	DFAN14A
Apr 30, 2024	8-A12B/A	8-A12B/A
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	DEFA14A	DEFA14A
Apr 30, 2024	PRRN14A	PRRN14A
Apr 29, 2024	DEFA14A	DEFA14A

WisdomTree Investments Inc News

Latest updates

WisdomTree Investments Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.6%	97.00	91.00	90.00	86.00	82.00	73.00	72.00	77.00	78.00	79.00	78.00	76.00	71.00	66.00	64.00	57.00	63.00	69.00	68.00	66.00	65.00
Operating Expenses	6.3%	69.00	65.00	64.00	68.00	65.00	62.00	58.00	61.00	61.00	57.00	54.00	52.00	53.00	52.00	49.00	46.00	48.00	52.00	52.00	54.00	55.00
EBITDA Margin	3.5%	0.40*	0.39*	0.25*	0.47*	0.33*	0.18*	0.32*	0.07*	0.10*	0.23*	0.15*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	9.8%	4.00	4.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	2.00	3.00	3.00	2.00	2.00	3.00	3.00	3.00	3.00
Income Taxes	0.2%	6.00	6.00	6.00	4.00	1.00	-0.02	3.00	3.00	-16.71	4.00	1.00	4.00	-1.97	2.00	1.00	-0.80	-2.37	4.00	4.00	4.00	-1.05
Earnings Before Taxes	12.3%	28.00	25.00	19.00	58.00	18.00	-28.31	85.00	11.00	-26.97	15.00	6.00	22.00	13.00	-11.30	1.00	-14.05	-11.01	-22.35	9.00	6.00	8.00
EBT Margin	4.2%	0.36*	0.34*	0.20*	0.42*	0.28*	0.13*	0.27*	0.02*	0.05*	0.19*	0.10*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	15.9%	22.00	19.00	13.00	54.00	16.00	-28.29	81.00	8.00	-10.26	11.00	6.00	18.00	15.00	-13.50	-0.27	-13.25	-8.64	-25.88	4.00	2.00	9.00
Net Income Margin	1.4%	0.30*	0.29*	0.17*	0.39*	0.25*	0.17*	0.29*	0.05*	0.08*	0.16*	0.09*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	-103.0%	-1.10	37.00	28.00	25.00	-5.42	12.00	35.00	11.00	-2.75	25.00	28.00	20.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.3%	932	944	952	934	1,018	1,034	1,016	1,006	1,001	1,038	1,018	1,022	885	897	881	849	887	935	954	955	952
Current Assets	-2.9%	223	230	212	193	293	294	289	282	286	304	286	269	132	142	128	95.00	116	123	123	122	119
Cash Equivalents	-9.6%	117	129	89.00	84.00	119	132	133	110	110	141	128	168	62.00	73.00	64.00	50.00	68.00	75.00	89.00	80.00	79.00
Net PPE	2.1%	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	7.00	7.00	8.00	8.00	8.00	8.00	8.00	8.00	9.00	9.00
Goodwill	0%	87.00	87.00	87.00	87.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00	86.00
Liabilities	-6.6%	376	402	350	342	567	596	551	617	615	636	625	632	478	498	467	429	430	465	457	458	456
Current Liabilities	-26.8%	76.00	103	75.00	68.00	131	148	253	242	67.00	84.00	76.00	65.00	57.00	74.00	67.00	62.00	54.00	79.00	71.00	63.00	63.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166	141	172	176	181	196	195
LT Debt, Current	-	-	-	-	-	60.00	59.00	174	173	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	3.4%	423	409	469	459	319	306	332	257	253	269	261	258	274	266	282	288	325	337	365	364	363
Retained Earnings	17.9%	113	96.00	82.00	74.00	25.00	14.00	47.00	-24.70	-32.71	-22.44	-28.83	-29.87	-42.57	1.00	-39.90	-39.63	-26.38	-17.74	-7.15	-6.21	-3.59
Additional Paid-In Capital	-0.9%	310	312	388	384	293	292	289	282	284	290	287	285	314	317	319	325	349	353	370	368	365
Shares Outstanding	1.0%	152	150	150	150	149	-	143	143	143	145	142	146	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	949	-	-	-	684,790	-	-	-	826	-	-	-	479	-	-	-	813	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-102.8%	-1,038	37,250	28,321	25,426	-5,397	11,974	34,571	11,234	-2,692	25,209	27,719	20,100	2,290	15,007	12,747	22,016	-2,634	14,407	27,722	7,507	7,852
Share Based Compensation	37.0%	5,163	3,768	3,916	3,970	4,536	2,563	2,454	2,432	2,936	2,337	2,397	2,121	3,143	2,703	2,844	2,920	3,239	3,009	2,374	3,135	3,072
Cashflow From Investing	-95.6%	2,028	46,189	-16,076	53,944	-2,008	-12,031	-2,556	-4,349	-18,721	-7,165	-62,014	-24,463	-5,990	-1,313	-15,116	18,316	8,754	-18,159	2,014	-1,527	11.00
Cashflow From Financing	71.7%	-12,817	-45,247	-5,280	-115,039	-6,070	-4,841	-4,866	-4,837	-8,236	-4,797	-4,797	109,335	-7,188	-5,072	14,978	-58,694	-11,391	-11,163	-20,119	-5,196	-7,088
Dividend Payments	-100.0%	-	5,247	5,250	4,826	4,821	4,841	4,842	4,837	4,842	4,797	4,797	4,928	4,937	4,906	4,937	5,134	5,136	5,099	5,095	5,094	5,097
Buy Backs	-	7,820	-	30.00	156	3,384	-	24.00	-	3,394	-	-	31,876	2,630	218	4,535	24,949	1,495	154	80.00	102	2,005

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

WETF Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Operating Revenues:

Total revenues

$ 349,035

$ 301,345

$ 304,318

Operating Expenses:

Compensation and benefits

109,532

97,897

88,163

Fund management and administration

71,348

64,761

58,912

Marketing and advertising

17,256

15,302

14,090

Sales and business development

13,584

11,871

9,907

Contractual gold payments (Note 9)

6,069

17,108

17,096

Professional fees

18,969

13,800

7,616

Occupancy, communications and equipment

4,684

3,898

4,629

Depreciation and amortization

872

262

738

Third-party distribution fees

9,377

7,656

7,176

Other

9,852

8,705

6,933

Total operating expenses

261,543

241,260

215,260

Operating income

87,492

60,085

89,058

Other Income/(Expenses):

Interest expense

(15,242)

(14,935)

(12,332)

Gain on revaluation/termination of deferred consideration—gold payments (Note 9)

^[1]

61,953

27,765

2,018

Interest income

4,099

3,320

2,009

Impairments (Note 26)

(7,942)

(16,156)

Loss on extinguishment of debt (Note 10)

(9,721)

Other losses, net

(1,631)

(36,285)

(7,926)

Income before income taxes

119,008

39,950

56,671

Income tax expense/(benefit)

16,462

(10,734)

6,874

Net income

$ 102,546

$ 50,684

$ 49,797

Earnings per share—basic (in Dollars per share)

$ 0.66

$ 0.31

Earnings per share—diluted (in Dollars per share)

$ 0.64

$ 0.31

Weighted-average common shares—basic (in Shares)

144,707

143,020

143,847

Weighted-average common shares—diluted (in Shares)

170,413

158,914

161,263

Cash dividends declared per common share (in Dollars per share)

$ 0.12

Advisory fees

Operating Revenues:

Total revenues

$ 333,227

$ 293,632

$ 298,052

Other income

Operating Revenues:

Total revenues

$ 15,808

$ 7,713

$ 6,266

[1]

Gains on revaluation/termination of deferred consideration—gold payments result from a decrease in spot gold prices, a decrease in the forward-looking price of gold, a decrease in the perpetual growth rate and an increase in the discount rate used to compute the present value of the annual payment obligations.

WETF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents (including $5,007 and $0 invested in WisdomTree Government Money Market Digital Fund at December 31, 2023 and 2022, respectively)	$ 129,305	$ 132,101
Financial instruments owned, at fair value (including $47,559 and $25,283 invested in WisdomTree products at December 31, 2023 and 2022, respectively)	58,722	126,239
Accounts receivable (including $28,511 and $24,139 due from related parties at December 31, 2023 and 2022, respectively)	35,473	30,549
Prepaid expenses	5,258	4,684
Other current assets	1,036	390
Total current assets	229,794	293,963
Fixed assets, net	427	544
Indemnification receivable (Note 22)		1,353
Securities held-to-maturity	230	259
Deferred tax assets, net	11,057	10,536
Investments (Note 7)	9,684	35,721
Right of use assets—operating leases (Note13)	563	1,449
Goodwill (Note 24)	86,841	85,856
Intangible assets, net (Note 24)	605,082	603,567
Other noncurrent assets	459	571
Total assets	944,137	1,033,819
Current liabilities:
Fund management and administration payable	30,085	36,521
Compensation and benefits payable	38,111	24,121
Payable to Gold Bullion Holdings (Jersey) Limited (“GBH”) (Note 12)	14,804
Income taxes payable	3,866	1,599
Operating lease liabilities (Note 13)	578	1,125
Convertible notes—current (Note 10)		59,197
Deferred consideration—gold payments (Note 9)		16,796
Accounts payable and other liabilities	15,772	9,075
Total current liabilities	103,216	148,434
Convertible notes (Note 10)	274,888	262,019
Payable to GBH (Note 12)	24,328
Deferred consideration—gold payments (Note 9)		183,494
Operating lease liabilities (Note 13)		339
Other noncurrent liabilities (Note 22)		1,353
Total liabilities	402,432	595,639
Preferred stock—Series A Non-Voting Convertible, par value $0.01; 14.750 shares authorized, issued and outstanding; redemption value of $96,869 and $77,969 at December 31, 2023 and 2022, respectively) (Note 11)	132,569	132,569
Contingencies (Note 14)
Stockholders’ equity
Preferred stock, par value $0.01; 2,000 shares authorized:
Common stock, par value $0.01; 400,000 shares authorized; issued and outstanding: 150,330 and 146,517 at December 31, 2023 and 2022, respectively	1,503	1,465
Additional paid-in capital	312,440	291,847
Accumulated other comprehensive loss	(548)	(1,420)
Retained earnings	95,741	13,719
Total stockholders’ equity	409,136	305,611
Total liabilities and stockholders’ equity	$ 944,137	$ 1,033,819

About WisdomTree Investments Inc

WEBSITE	wisdomtree.com

WisdomTree Investments Inc Frequently Asked Questions

What is the ticker symbol for WisdomTree Investments Inc? What does WETF stand for in stocks?

WETF is the stock ticker symbol of WisdomTree Investments Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WisdomTree Investments Inc (WETF)?

As of Wed May 08 2024, market cap of WisdomTree Investments Inc is 1.42 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WETF stock?

You can check WETF's fair value in chart for subscribers.

What is the fair value of WETF stock?

You can check WETF's fair value in chart for subscribers. The fair value of WisdomTree Investments Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WisdomTree Investments Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WETF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WisdomTree Investments Inc a good stock to buy?

The fair value guage provides a quick view whether WETF is over valued or under valued. Whether WisdomTree Investments Inc is cheap or expensive depends on the assumptions which impact WisdomTree Investments Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WETF.

What is WisdomTree Investments Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, WETF's PE ratio (Price to Earnings) is 13.11 and Price to Sales (PS) ratio is 3.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WETF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WisdomTree Investments Inc's stock?

In the past 10 years, WisdomTree Investments Inc has provided 0.009 (multiply by 100 for percentage) rate of return.