Travel + Leisure (NYSE:TNL) Issues Quarterly Earnings Results

Travel + Leisure (NYSE:TNL) announced its quarterly earnings results on Wednesday. The company reported $1.88 EPS for the quarter, hitting the consensus estimate of $1.88, FiscalAI reports. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. Travel + Leisure had a net margin of 5.81% and a negative return on equity of 46.91%. Travel + Leisure’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.65 EPS.

Here are the key takeaways from Travel + Leisure’s conference call:

• Travel + Leisure reported a strong second quarter, with revenue up 4%, EBITDA up 8%-9%, and EPS up 14%-21%, reflecting operating leverage and share repurchases.
• The company raised full-year guidance for gross VOI sales, EBITDA, and VPG after first-half results outperformed expectations and second-half visibility remained strong.
• Recent acquisitions of Yes& Vacations and Spinnaker Resorts are expected to be immediately accretive and add about 100,000 owners plus 23 resorts, including highly desirable destinations like Maui and Hilton Head.
• Management said its multi-brand strategy is gaining traction, with Margaritaville on track to exceed $150 million in annual VOI sales and other brands contributing to a growing share of the sales mix.
• Loan performance improved in the second quarter, with early-stage delinquencies rebounding after a first-quarter uptick; the company still expects 2026 loan loss provision to be modestly below 2025, though the acquisitions will add some pressure.

Travel + Leisure Price Performance

NYSE:TNL opened at $73.46 on Friday. Travel + Leisure has a one year low of $56.66 and a one year high of $81.00. The company has a fifty day moving average price of $72.30 and a 200 day moving average price of $71.69. The stock has a market cap of $4.59 billion, a P/E ratio of 20.07, a PEG ratio of 0.57 and a beta of 1.16.

Travel + Leisure Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 12th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, June 12th. Travel + Leisure’s dividend payout ratio is presently 67.42%.

More Travel + Leisure News

Here are the key news stories impacting Travel + Leisure this week:

• Positive Sentiment: Mizuho raised its price target on Travel + Leisure Co. from $105 to $107 and reiterated an outperform rating, signaling strong confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo increased its target from $87 to $92 and kept an overweight rating, reflecting a positive view on the company’s outlook after earnings. Tickerreport.com
• Positive Sentiment: Zacks Research upgraded the stock from hold to strong-buy, adding to the bullish analyst momentum around TNL. Zacks.com
• Positive Sentiment: Travel + Leisure raised its full-year outlook after reporting Q2 revenue of $1.06 billion and adjusted EPS of $1.88, with revenue topping estimates and gross VOI sales up 4% year over year. Business Wire
• Neutral Sentiment: The company’s adjusted EPS matched consensus at $1.88, while reported EPS of $1.72 and headline earnings came in below some estimates, creating a mixed reaction from investors. Zacks.com

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Travel + Leisure from $78.00 to $83.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Wells Fargo & Company raised their target price on Travel + Leisure from $87.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Travel + Leisure in a research report on Tuesday. Wall Street Zen downgraded Travel + Leisure from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Barclays increased their price objective on Travel + Leisure from $74.00 to $77.00 and gave the company an “equal weight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Travel + Leisure currently has an average rating of “Buy” and a consensus target price of $86.90.

Insiders Place Their Bets

In other news, insider Kimberly Marshall sold 28,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $70.17, for a total transaction of $1,964,760.00. Following the transaction, the insider owned 33,191 shares in the company, valued at approximately $2,329,012.47. The trade was a 45.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Denny Marie Post sold 2,500 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $63.83, for a total transaction of $159,575.00. Following the transaction, the director directly owned 1,977 shares of the company’s stock, valued at $126,191.91. This represents a 55.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,000 shares of company stock worth $2,161,915 in the last ninety days. Insiders own 4.01% of the company’s stock.

Institutional Trading of Travel + Leisure

Institutional investors and hedge funds have recently modified their holdings of the company. Danske Bank A S bought a new position in Travel + Leisure in the third quarter worth $30,000. Geneos Wealth Management Inc. increased its holdings in Travel + Leisure by 293.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 959 shares of the company’s stock valued at $44,000 after buying an additional 715 shares during the period. Advisory Services Network LLC acquired a new position in shares of Travel + Leisure in the 3rd quarter valued at $112,000. EverSource Wealth Advisors LLC raised its stake in shares of Travel + Leisure by 327.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,741 shares of the company’s stock valued at $141,000 after buying an additional 2,100 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Travel + Leisure during the 4th quarter worth about $161,000. 87.54% of the stock is currently owned by institutional investors.

Travel + Leisure Company Profile

Travel + Leisure Co (NYSE: TNL) is a leisure travel company headquartered in Orlando, Florida, that specializes in vacation ownership, membership programs and branded travel experiences. The company operates an extensive portfolio of vacation clubs and destination services, offering members access to resorts, hotels, cruises and guided tours in markets around the world. Through its flagship membership brands, Travel + Leisure Co provides curated vacation packages, exchange services and unique travel itineraries that cater to both individual and family travelers.

In addition to its membership offerings, Travel + Leisure Co manages a network of resort properties and hospitality assets across North America, the Caribbean, Europe and Asia-Pacific.