OneSpaWorld Holdings Limited (NASDAQ:OSW) Announces Quarterly Dividend of $0.04

OneSpaWorld Holdings Limited (NASDAQ:OSW) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Wednesday, November 20th will be given a dividend of 0.04 per share on Wednesday, December 4th. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Wednesday, November 20th.

OneSpaWorld has a payout ratio of 17.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect OneSpaWorld to earn $0.83 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 19.3%.

OneSpaWorld Price Performance

Shares of NASDAQ OSW opened at $17.51 on Friday. The company has a current ratio of 2.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 35.73 and a beta of 2.14. The company’s 50-day moving average price is $16.45 and its 200 day moving average price is $15.53. OneSpaWorld has a 52 week low of $9.82 and a 52 week high of $18.73.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. OneSpaWorld had a net margin of 5.86% and a return on equity of 14.47%. The business had revenue of $224.89 million during the quarter, compared to analysts’ expectations of $220.61 million. During the same period last year, the company posted $0.13 EPS. As a group, research analysts forecast that OneSpaWorld will post 0.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, TD Cowen boosted their price target on OneSpaWorld from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.

Insiders Place Their Bets

In other news, Director Andrew R. Heyer sold 6,000 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $14.57, for a total transaction of $87,420.00. Following the completion of the sale, the director now directly owns 467,145 shares in the company, valued at $6,806,302.65. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, CFO Stephen Lazarus sold 170,339 shares of OneSpaWorld stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $16.91, for a total transaction of $2,880,432.49. Following the sale, the chief financial officer now owns 556,581 shares of the company’s stock, valued at $9,411,784.71. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew R. Heyer sold 6,000 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $14.57, for a total value of $87,420.00. Following the completion of the transaction, the director now directly owns 467,145 shares of the company’s stock, valued at $6,806,302.65. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 184,904 shares of company stock valued at $3,111,316. Insiders own 5.00% of the company’s stock.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.