Wyndham Hotels & Resorts (NYSE:WH) Price Target Raised to $93.00

Wyndham Hotels & Resorts (NYSE:WH) had its target price hoisted by Morgan Stanley from $89.00 to $93.00 in a research note published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research firms have also weighed in on WH. JPMorgan Chase & Co. upped their target price on shares of Wyndham Hotels & Resorts from $99.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Barclays boosted their price objective on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Susquehanna lowered their price objective on Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Wells Fargo & Company raised their target price on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.09.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $76.64 on Friday. The company has a fifty day simple moving average of $81.09 and a 200 day simple moving average of $80.46. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.88. The company has a market cap of $5.74 billion, a P/E ratio of 30.78, a PEG ratio of 2.06 and a beta of 0.62.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The firm had revenue of $327.00 million for the quarter, compared to the consensus estimate of $321.97 million. During the same quarter in the prior year, the company posted $0.86 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Sell-side analysts predict that Wyndham Hotels & Resorts will post 4.84 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 69.08%.

Insiders Place Their Bets

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 18,516 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $80.79, for a total value of $1,495,907.64. Following the transaction, the chief executive officer owned 548,308 shares of the company’s stock, valued at approximately $44,297,803.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in WH. Capital Research Global Investors grew its position in Wyndham Hotels & Resorts by 4.8% during the fourth quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after buying an additional 375,892 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Wyndham Hotels & Resorts by 12.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,188,239 shares of the company’s stock worth $392,024,000 after acquiring an additional 583,967 shares during the period. Norges Bank bought a new stake in Wyndham Hotels & Resorts in the fourth quarter worth about $219,462,000. Morgan Stanley boosted its stake in Wyndham Hotels & Resorts by 49.0% in the fourth quarter. Morgan Stanley now owns 2,872,466 shares of the company’s stock valued at $217,044,000 after acquiring an additional 944,562 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in Wyndham Hotels & Resorts by 14,200.0% in the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock valued at $193,648,000 after acquiring an additional 2,544,921 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.