Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $68.19 and last traded at $68.3890, with a volume of 179705 shares traded. The stock had previously closed at $69.20.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on WH shares. Wells Fargo & Company lifted their target price on shares of Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. Truist Financial decreased their price objective on Wyndham Hotels & Resorts from $107.00 to $104.00 and set a “buy” rating on the stock in a report on Thursday, September 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $80.00 price target on shares of Wyndham Hotels & Resorts in a research note on Thursday, July 23rd. Morgan Stanley cut their price objective on Wyndham Hotels & Resorts from $93.00 to $91.00 and set an “overweight” rating for the company in a research report on Tuesday, August 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, July 8th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $95.64.
Check Out Our Latest Stock Analysis on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Trading Down 1.6%
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.07. Wyndham Hotels & Resorts had a return on equity of 74.22% and a net margin of 14.67%.The company had revenue of $375.00 million during the quarter, compared to the consensus estimate of $400.75 million. During the same period in the previous year, the company posted $1.33 EPS. Wyndham Hotels & Resorts’s revenue was down 5.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. On average, research analysts anticipate that Wyndham Hotels & Resorts will post 4.81 earnings per share for the current year.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. Wyndham Hotels & Resorts’s payout ratio is currently 63.24%.
Insider Buying and Selling
In other news, CEO Geoffrey Ballotti sold 19,414 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.71, for a total value of $1,411,591.94. Following the sale, the chief executive officer directly owned 549,323 shares in the company, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the business. Capital Research Global Investors increased its stake in Wyndham Hotels & Resorts by 4.8% in the fourth quarter. Capital Research Global Investors now owns 8,205,818 shares of the company’s stock valued at $620,032,000 after purchasing an additional 375,892 shares during the last quarter. BlackRock Inc. acquired a new stake in Wyndham Hotels & Resorts during the 2nd quarter worth $623,573,000. T. Rowe Price Investment Management Inc. lifted 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 valued at $392,024,000 after acquiring an additional 583,967 shares during the last quarter. Norges Bank acquired a new position in Wyndham Hotels & Resorts in the fourth quarter valued at $219,462,000. Finally, Geode Capital Management LLC grew its holdings in shares of Wyndham Hotels & Resorts by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 1,512,818 shares of the company’s stock worth $114,331,000 after purchasing an additional 17,981 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc is a global hotel franchising company that provides branding, marketing, reservation, loyalty and other support services to independently owned and operated hotels. Its portfolio is focused primarily on the economy and midscale segments of the lodging industry.
The company’s brand portfolio includes well-known names such as Wyndham, Ramada, Days Inn, Super 8, La Quinta, Travelodge, Baymont, Microtel, Wingate, AmericInn, Econo Lodge, Howard Johnson, Dolce and Registry Collection Hotels.
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