Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Raises Dividend to $0.54 Per Share

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) declared an annual dividend on Wednesday, May 13th. Investors of record on Friday, June 5th will be paid a dividend of 0.54 per share on Monday, June 22nd. This represents a yield of 140.0%. The ex-dividend date is Friday, June 5th. This is a 50.0% increase from Atour Lifestyle’s previous annual dividend of $0.36.

Atour Lifestyle has a dividend payout ratio of 16.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Atour Lifestyle to earn $2.42 per share next year, which means the company should continue to be able to cover its $0.33 annual dividend with an expected future payout ratio of 13.6%.

Atour Lifestyle Trading Up 4.3%

ATAT stock traded up $1.60 during midday trading on Friday, hitting $38.57. The stock had a trading volume of 684,792 shares, compared to its average volume of 1,178,010. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 0.91 and a beta of 0.72. The stock has a 50-day simple moving average of $37.02 and a 200 day simple moving average of $38.51. Atour Lifestyle has a 52 week low of $29.02 and a 52 week high of $43.17.

Atour Lifestyle (NASDAQ:ATAT) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.11. The company had revenue of $407.74 million during the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a return on equity of 52.71% and a net margin of 17.22%. On average, equities analysts forecast that Atour Lifestyle will post 2.07 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ATAT shares. Wall Street Zen raised Atour Lifestyle from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. UBS Group reaffirmed a “buy” rating on shares of Atour Lifestyle in a report on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $45.00 price target on shares of Atour Lifestyle in a report on Tuesday, March 17th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Atour Lifestyle in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Atour Lifestyle currently has an average rating of “Moderate Buy” and a consensus price target of $48.00.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.