Wyndham Hotels & Resorts (NYSE:WH) Issues Earnings Results, Beats Expectations By $0.04 EPS

Wyndham Hotels & Resorts (NYSE:WH) posted its earnings results on Wednesday. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.04, Zacks reports. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%.

Wyndham Hotels & Resorts Trading Up 1.5 %

Wyndham Hotels & Resorts stock traded up $1.56 during trading hours on Wednesday, reaching $109.01. The company had a trading volume of 1,078,342 shares, compared to its average volume of 731,403. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $109.14. The company has a 50-day moving average price of $102.87 and a 200 day moving average price of $90.04. The firm has a market cap of $8.48 billion, a price-to-earnings ratio of 34.61, a P/E/G ratio of 2.14 and a beta of 1.29.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.38 per share. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.39%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 48.25%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on WH shares. Oppenheimer increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company raised Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $103.00 to $114.00 in a research note on Friday, January 10th. Stifel Nicolaus upped their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group lifted their price target on Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, Jefferies Financial Group upped their price objective on shares of Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $108.10.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.