Wyndham Hotels & Resorts (WH) Set to Announce Earnings on Wednesday

Wyndham Hotels & Resorts (NYSE:WH) will be issuing its quarterly earnings data after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $1.39 per share for the quarter. Wyndham Hotels & Resorts has set its FY24 guidance at $4.20-4.32 EPS and its FY 2024 guidance at 4.200-4.320 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The company had revenue of $367.00 million during the quarter, compared to the consensus estimate of $370.58 million. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, analysts expect Wyndham Hotels & Resorts to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Wyndham Hotels & Resorts Trading Down 0.1 %

Shares of WH stock opened at $82.64 on Tuesday. The company has a market capitalization of $6.66 billion, a P/E ratio of 29.30, a P/E/G ratio of 2.87 and a beta of 1.33. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $83.14. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm has a 50-day moving average price of $78.13 and a 200 day moving average price of $74.56.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a dividend of $0.38 per share. The ex-dividend date was Friday, September 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.84%. Wyndham Hotels & Resorts’s payout ratio is presently 53.90%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WH shares. The Goldman Sachs Group began coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 target price on the stock. Robert W. Baird set a $92.00 target price on Wyndham Hotels & Resorts in a report on Thursday. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday. Stifel Nicolaus cut their price objective on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. Finally, Barclays boosted their price objective on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.63.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the transaction, the insider now owns 10,606 shares in the company, valued at $823,661.96. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Wyndham Hotels & Resorts news, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Nicola Rossi sold 7,297 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,640 shares of company stock valued at $974,351. 2.79% of the stock is currently owned by corporate insiders.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.