NasdaqGS:WETF

Stock Analysis Report

Executive Summary

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager.

Snowflake

Risks

  • 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.

Similar Companies

Share Price & News

How has WisdomTree Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.4%

NasdaqGS:WETF

-2.0%

US Capital Markets

-1.0%

US Market


1 Year Return

-31.9%

NasdaqGS:WETF

-6.3%

US Capital Markets

-0.4%

US Market

WETF underperformed the Capital Markets industry which returned -6.3% over the past year.

WETF underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

WETFIndustryMarket
7 Day2.4%-2.0%-1.0%
30 Day-14.6%-4.6%-3.3%
90 Day-15.5%-0.06%0.8%
1 Year-30.7%-31.9%-4.2%-6.3%1.9%-0.4%
3 Year-41.5%-45.5%51.0%42.3%39.4%30.4%
5 Year-42.9%-49.7%69.9%54.2%54.2%37.1%

Price Volatility Vs. Market

How volatile is WisdomTree Investments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

22%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

WisdomTree Investments's share price is below the future cash flow value, and 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 Based on Earnings

WisdomTree Investments is overvalued based on earnings compared to the US Capital Markets industry average.

WisdomTree Investments is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

WisdomTree Investments is poor value based on expected growth next year.


Price Based on Value of Assets

WisdomTree Investments is good value based on assets compared to the US Capital Markets industry average.

Future Growth

How is WisdomTree Investments expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

34.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

WisdomTree Investments's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).

WisdomTree Investments's earnings are expected to grow significantly at over 20% yearly.

WisdomTree Investments's revenue growth is positive but not above the United States of America market average.

WisdomTree Investments's earnings growth is expected to exceed the United States of America market average.

WisdomTree Investments's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

WisdomTree Investments is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).

Past Performance

How has WisdomTree Investments performed over the past 5 years?

-21.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

WisdomTree Investments's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

WisdomTree Investments's 1-year earnings growth is negative, it can't be compared to the 5-year average.

WisdomTree Investments's 1-year earnings growth is negative, it can't be compared to the US Capital Markets industry average.


Return on Equity

WisdomTree Investments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

WisdomTree Investments used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

WisdomTree Investments's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is WisdomTree Investments's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

WisdomTree Investments's level of debt (39.4%) 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 (22.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.6x debt.

Dividend

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

2.26%

Expected Dividend Yield


Dividend Yield and Payments Analysis

WisdomTree Investments's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

WisdomTree Investments's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

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

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).

Management

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

4.2yrs

Average management tenure


CEO

Jonathan Steinberg (55yo)

30.8yrs

Tenure

US$1,962,249

Compensation

Mr. Jonathan Laurence 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, ...


CEO Compensation Analysis

Jonathan's remuneration is about average for companies of similar size in United States of America.

Jonathan's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

46.5yo

Average Age

The tenure for the WisdomTree Investments management team is about average.


Board Age and Tenure

11.6yrs

Average Tenure

56yo

Average Age

The average tenure for the WisdomTree Investments board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by WisdomTree Investments individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$496,25323 May 19
Jonathan Steinberg
EntityIndividual
Role
CEO, President & Director
Member of the Board of Directors
Shares79,365
Max PriceUS$6.25
BuyUS$492,76513 May 19
Jonathan Steinberg
EntityIndividual
Role
CEO, President & Director
Member of the Board of Directors
Shares75,000
Max PriceUS$6.57
BuyUS$295,96505 Feb 19
Anthony Bossone
EntityIndividual
Role
Member of the Board of Directors
Shares50,000
Max PriceUS$5.92
BuyUS$80,81604 Feb 19
Amit Muni
EntityIndividual
Role
Executive VP of Finance & CFO
Shares13,500
Max PriceUS$5.99
BuyUS$97,08204 Feb 19
Peter Ziemba
EntityIndividual
Role
Executive VP
Shares16,000
Max PriceUS$6.07
BuyUS$508,36804 Feb 19
Jonathan Steinberg
EntityIndividual
Role
CEO, President & Director
Member of the Board of Directors
Shares85,000
Max PriceUS$5.98
BuyUS$9,66526 Dec 18
Jeremy Schwartz
EntityIndividual
Shares1,290
Max PriceUS$7.49

Ownership Breakdown


Management Team

  • David Yates

    Chief Information Officer

    • Tenure: 4.3yrs
  • Peter Ziemba (61yo)

    Executive VP

    • Compensation: $1.72m
  • Kurt MacAlpine (37yo)

    Executive VP & Global Head of Distribution

    • Tenure: 4.1yrs
    • Compensation: $1.27m
  • Amit Muni (50yo)

    Executive VP of Finance & CFO

    • Tenure: 11.4yrs
    • Compensation: $1.07m
  • Stuart Bell (35yo)

    Executive VP & COO

    • Tenure: 1.6yrs
  • Altaf Cassam

    Head of Compliance

  • Jason Weyeneth

    Director of Investor Relations

    • Tenure: 3.6yrs
  • Jessica Zaloom

    Head of Corporate Communications and Public Relations

  • Bryan Edmiston (43yo)

    Chief Accounting Officer

  • Jonathan Steinberg (55yo)

    CEO, President & Director

    • Tenure: 30.8yrs
    • Compensation: $1.96m

Board Members

  • Win Neuger (69yo)

    Director

    • Tenure: 6.1yrs
    • Compensation: $217.34k
  • Jonathan Steinberg (55yo)

    CEO, President & Director

    • Tenure: 30.8yrs
    • Compensation: $1.96m
  • Michael Steinhardt (79yo)

    Non-Executive Chairman of the Board

    • Tenure: 14.8yrs
    • Compensation: $190.62k
  • Tony Bossone (48yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: $215.01k
  • Frank Salerno (59yo)

    Lead Independent Director

    • Tenure: 11.6yrs
    • Compensation: $308.74k
  • Bruce Lavine (52yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $184.99k
  • Susan Cosgrove (56yo)

    Director

    • Tenure: 0.3yrs

Company Information

WisdomTree Investments, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: WisdomTree Investments, Inc.
  • Ticker: WETF
  • Exchange: NasdaqGS
  • Founded: 1985
  • Industry: asset management and custody banks
  • Sector: diversified financials
  • Market Cap: US$836.794m
  • Shares outstanding: 151.87m
  • Website: Click here

Number of Employees


Location

  • WisdomTree Investments, Inc.
  • 245 Park Avenue
  • 35th Floor
  • New York
  • New York
  • 10167
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WETFNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1991
1WTDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1991
0LY1LSE (London Stock Exchange)YesCommon StockGBUSDDec 1991

Biography

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 cla ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:05
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.