Wyndham Hotels & Resorts, Inc. (NYSE:WH) to Issue Quarterly Dividend of $0.41

Wyndham Hotels & Resorts, Inc. (NYSE:WH) declared a quarterly dividend on Thursday, May 15th, RTT News reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.41 per share on Monday, June 30th. This represents a $1.64 annualized dividend and a dividend yield of 1.91%.

Wyndham Hotels & Resorts has increased its dividend by an average of 20.0% per year over the last three years and has raised its dividend every year for the last 5 years. Wyndham Hotels & Resorts has a dividend payout ratio of 30.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Wyndham Hotels & Resorts to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 29.9%.

Wyndham Hotels & Resorts Stock Performance

NYSE WH opened at $85.83 on Friday. The company has a market capitalization of $6.61 billion, a price-to-earnings ratio of 23.64, a PEG ratio of 1.87 and a beta of 1.08. Wyndham Hotels & Resorts has a twelve month low of $67.67 and a twelve month high of $113.07. The stock has a fifty day simple moving average of $86.31 and a 200 day simple moving average of $96.22. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.72.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a return on equity of 54.86% and a net margin of 20.51%. The firm had revenue of $316.00 million during the quarter, compared to the consensus estimate of $320.10 million. During the same period last year, the business posted $0.78 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. Sell-side analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Wyndham Hotels & Resorts stock. Royal Bank of Canada raised its holdings in shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 31.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,411 shares of the company’s stock after buying an additional 14,593 shares during the period. Royal Bank of Canada owned about 0.08% of Wyndham Hotels & Resorts worth $5,467,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Redburn Atlantic raised shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Monday, March 24th. Barclays reduced their target price on Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group lowered their price target on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Wells Fargo & Company lifted their price target on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Stifel Nicolaus lowered their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating on the stock in a report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.48.

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 Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.