The Wendy's Company (WEN)

NASDAQ: WEN · IEX Real-Time Price · USD
16.30
-0.13 (-0.79%)
At close: Jul 2, 2024, 4:00 PM
16.33
+0.03 (0.18%)
After-hours: Jul 2, 2024, 7:52 PM EDT
-0.79%
Market Cap 3.34B
Revenue (ttm) 2.19B
Net Income (ttm) 206.61M
Shares Out 205.13M
EPS (ttm) 0.99
PE Ratio 16.46
Forward PE 16.13
Dividend $1.00 (6.14%)
Ex-Dividend Date Jun 3, 2024
Volume 3,889,608
Open 16.43
Previous Close 16.43
Day's Range 16.13 - 16.44
52-Week Range 16.13 - 22.42
Beta 0.77
Analysts Hold
Price Target 21.17 (+29.88%)
Earnings Date Aug 7, 2024

About WEN

The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. It operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development segments. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. It owns and leases real estate properties. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. ... [Read more]

Industry Restaurants
Founded 1969
Employees 15,300
Stock Exchange NASDAQ
Ticker Symbol WEN
Full Company Profile

Financial Performance

In 2023, WEN's revenue was $2.18 billion, an increase of 4.11% compared to the previous year's $2.10 billion. Earnings were $204.44 million, an increase of 15.26%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for WEN stock is "Hold." The 12-month stock price forecast is $21.17, which is an increase of 29.88% from the latest price.

Price Target
$21.17
(29.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Ampion Partners with The Wendy's Company and its Franchisees to Source Renewable Energy, Reduce Carbon Emissions

BOSTON--(BUSINESS WIRE)--Community solar provider Ampion Renewable Energy is partnering with The Wendy's Company (Nasdaq: WEN) to help Wendy's® restaurants source renewable energy. Nearly 100 company-...

5 days ago - Business Wire

Former Wendy's CEO Joins Dutch Bros Board of Directors

GRANTS PASS, Ore.--(BUSINESS WIRE)--Dutch Bros Inc. (NYSE: BROS; “Dutch Bros”), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced t...

Other symbols: BROS
8 days ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 6% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: KSSWHR
8 days ago - Benzinga

Biggie-er Summer: Wendy's Fans Can Celebrate Five Years of Going Biggie with a FREE Frosty offer in the Wendy's App

Fans can sweeten $5 Biggie Bag purchase with a free Frosty treat exclusively in-app this June DUBLIN, Ohio , June 20, 2024 /PRNewswire/ -- WHAT: It's a Biggie-er summer! To celebrate five years of the...

12 days ago - PRNewsWire

Frosty Alert: Wendy's New Triple Berry Frosty is THE Flavor of the Summer

The newest Frosty is the berry best and brightest treat of the season DUBLIN, Ohio , June 12, 2024 /PRNewswire/ -- This summer, Wendy's® fans can cool off with a new and oh-so-refreshing Frosty® treat...

20 days ago - PRNewsWire

Got Sauce? Wendy's Launches Next-Level Saucy Nuggs Dripping in Flavor

With seven unique ways to Nugg, Wendy's fans can access an exclusive first-taste through the Wendy's app beginning June 3 DUBLIN, Ohio, June 3, 2024 /PRNewswire/ -- Calling all chicken nugget lovers –...

4 weeks ago - PRNewsWire

Fast food is a ‘luxury' now, but McDonald's, Wendy's, and Burger King are offering ultra-cheap deals to win you back

Fast food has long been viewed as a cheap and convenient option for busy Americans, with prices that make consumers willing to overlook incidents such as E. Coli outbreaks at chains including Jack in ...

Other symbols: MCDQSR
4 weeks ago - Fast Company

The Wendy's Company Names Abigail Pringle President, U.S. and E.J. Wunsch President, International

Elevation of Current Senior Leadership Team Members Supports Growth of Core Business Segments DUBLIN, Ohio , May 23, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced the appointment of...

5 weeks ago - PRNewsWire

Food fight! Wendy's takes on McDonald's with new $3 breakfast value meal

Wendy's declared war on McDonald's discount meals by offering a new breakfast value meal as the fast food giants battle to lure back customers hit hard by inflation.

6 weeks ago - New York Post

Wendy's will offer $3 breakfast deal, as rivals like McDonald's test value meals to drive sales

Starting Monday, Wendy's will offer a $3 breakfast combination meal deal, following a similar yet limited value meal option by McDonald's.

6 weeks ago - CNBC

Start Your Day Strong with Wendy's New $3 English Muffin Deal

Plus, Wendy's launches new Sausage Breakfast Burrito, available at participating locations DUBLIN, Ohio , May 20, 2024 /PRNewswire/ -- WHAT: Wendy's® is doubling down on better breakfast with unmatche...

6 weeks ago - PRNewsWire

It's a Nuggs Party: Discover a New Way to Nugg on Wendy's Wednesday

New interactive map helps chicken nugget lovers locate the nearest Wendy's Nuggs Party Pack All fans can celebrate nationwide with FREE 6-piece nuggets with purchase every Wednesday with the Wendy's a...

7 weeks ago - PRNewsWire

The Wendy's Company Reports 2023 Corporate Responsibility Progress

The Company continues to make advancements toward delivering high-quality food responsibly, creating more equitable and inclusive workplaces and reducing emissions across Company operations and franch...

2 months ago - PRNewsWire

The Wendy's Company Adds U.S. Chief Marketing Officer Lindsay Radkoski to Senior Leadership Team

DUBLIN, Ohio , May 6, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced that Lindsay Radkoski, U.S. Chief Marketing Officer, will join the Company's Senior Leadership Team and report to...

2 months ago - PRNewsWire

Wendy's shares rise on better-than-expected Q1 adjusted earnings

Wendy's Co. WEN, -1.85% shares rose 0.9% in premarket trades Thursday after the burger chain's first-quarter adjusted earnings beat analysts' estimates. Net income rose to $42 million, or 20 cents a s...

2 months ago - Market Watch

THE WENDY'S COMPANY REPORTS FIRST QUARTER 2024 RESULTS

DUBLIN, Ohio , May 2, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) today reported unaudited results for the first quarter ended March 31, 2024. "The momentum we built across our business in ...

2 months ago - PRNewsWire

Sip, Scan and Support Foster Care Adoption: Wendy's Fans Can 'Make A Biggie Difference' this National Foster Care Month

Wendy's will donate $5 to the Dave Thomas Foundation for Adoption up to $500,000 when customers scan cold beverage cups On National Foster Care Day, Wendy's is waiving delivery and service fees on in-...

2 months ago - PRNewsWire

Wendy's Passes Through 5% Yield Mark

In trading on Monday, shares of Wendy's were yielding above the 5% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $19.93 on the day. Dividends are par...

2 months ago - Forbes

Best FRYday Yet: Wendy's Drops Free Any Size Hot & Crispy Fries With Any Purchase App Offer EVERY Friday Beginning April 19

Fans can make FRYdays Hot & Crispy with free Wendy's Fries offer in the Wendy's app   DUBLIN, Ohio , April 17, 2024 /PRNewswire/ -- WHAT: Wendy's® is declaring Friday, April 19, as the best FRYday yet...

2 months ago - PRNewsWire

The Wendy's Company to Report First Quarter 2024 Results on May 2

DUBLIN, Ohio , April 4, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its first quarter 2024 results before the market opens on Thursday, May 2. The Company will host a conferenc...

3 months ago - PRNewsWire

Big Tech payment apps are the ‘holy grail' of surge pricing, says CFPB's Chopra

The practice of “surge” or “dynamic” pricing is common in markets ranging from airlines to supermarkets — and U.S. regulators are concerned that the growing role of tech giants will further power this...

Other symbols: AAPLGOOGGOOGLPYPLSQ
3 months ago - Market Watch

Wendy's Launches AI-Driven Loyalty Platform to Deliver Customized Rewards

In an era where customer loyalty is as fleeting as the latest trend, artificial intelligence (AI) is emerging as a potential game-changer, empowering businesses to redefine engagement strategies and f...

3 months ago - PYMNTS

PAR Technology's Punchh® Selected as Loyalty Platform Provider for Wendy's

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--ParTech, Inc. (PAR), a global restaurant technology leader and provider of unified commerce for enterprise restaurants, today announced that Wendy's®, the iconic f...

Other symbols: PAR
3 months ago - Business Wire

Fast-food companies seeing low-income diners pare orders

Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and Wendy's recently said they worry about losing...

Other symbols: MCD
3 months ago - Reuters

We Aren't Foolin': Tri-State Area Wendy's Restaurants Offer FREE Wendy's Breakfast Sandwiches for One Year!

NEW YORK , March 25, 2024 /PRNewswire/ -- WHAT: This April Fools' Day, Tri-State area Wendy's® are giving away special coupon cards* to the first 100 people in line at participating locations for one ...

3 months ago - PRNewsWire