Wyndham Hotels & Resorts (WH) To Go Ex-Dividend on December 15th

Wyndham Hotels & Resorts (NYSE:WH) declared a quarterly dividend on Thursday, November 13th. Investors of record on Monday, December 15th will be given a dividend of 0.41 per share on Tuesday, December 30th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, December 15th.

Wyndham Hotels & Resorts has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Wyndham Hotels & Resorts has a dividend payout ratio of 30.7% indicating that its dividend is sufficiently covered by earnings. Equities 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 Trading Up 1.5%

WH stock traded up $1.12 during midday trading on Friday, reaching $76.81. The stock had a trading volume of 1,744,322 shares, compared to its average volume of 1,040,074. The firm has a market cap of $5.80 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.98 and a beta of 0.77. Wyndham Hotels & Resorts has a twelve month low of $69.21 and a twelve month high of $113.07. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43. The business has a fifty day simple moving average of $74.51 and a two-hundred day simple moving average of $81.21.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.04. The company had revenue of $382.00 million for the quarter, compared to analyst estimates of $406.29 million. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. As a group, research analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wells Fargo & Company started coverage on shares of Wyndham Hotels & Resorts in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $82.00 target price for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Monday. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Sunday, December 7th. Stifel Nicolaus lowered their price target on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Finally, Mizuho began coverage on shares of Wyndham Hotels & Resorts in a research note on Wednesday, December 3rd. They set a “neutral” rating and a $71.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $94.63.

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.