MarketWise (MKTW) to Release Quarterly Earnings on Wednesday

MarketWise (NASDAQ:MKTW) is projected to issue its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $77.36 million for the quarter.

MarketWise Trading Up 24.0 %

MKTW opened at $0.76 on Tuesday. The company has a fifty day simple moving average of $0.59 and a 200 day simple moving average of $0.61. The firm has a market cap of $244.86 million, a price-to-earnings ratio of 6.29 and a beta of 0.39. MarketWise has a twelve month low of $0.46 and a twelve month high of $2.12.

MarketWise Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 18th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 5.30%. MarketWise’s payout ratio is 33.33%.

About MarketWise

MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.