OneSpaWorld Holdings Limited Announces Quarterly Dividend of $0.05 (NASDAQ:OSW)

OneSpaWorld Holdings Limited (NASDAQ:OSW) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Wednesday, March 11th will be paid a dividend of 0.05 per share on Wednesday, March 25th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, March 11th.

OneSpaWorld has a payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect OneSpaWorld to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 18.9%.

OneSpaWorld Trading Down 4.8%

NASDAQ:OSW opened at $22.26 on Thursday. The company has a 50-day moving average price of $21.04 and a 200-day moving average price of $21.27. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 31.35 and a beta of 1.03. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. OneSpaWorld has a 12 month low of $14.21 and a 12 month high of $23.54.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $242.13 million during the quarter, compared to the consensus estimate of $243.07 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.OneSpaWorld’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share. Equities analysts predict that OneSpaWorld will post 0.9 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on OSW shares. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. Truist Financial increased their price target on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday. TD Cowen dropped their price objective on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. Finally, Stifel Nicolaus cut their price objective on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. Based on data from MarketBeat, OneSpaWorld presently has a consensus rating of “Buy” and an average target price of $25.00.

OneSpaWorld Company Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.