Truist Financial Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price

Wyndham Hotels & Resorts (NYSE:WH) had its target price hoisted by Truist Financial from $99.00 to $107.00 in a report issued on Thursday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Other research analysts have also issued reports about the company. The Goldman Sachs Group reissued a “neutral” rating and issued a $87.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, February 20th. Stifel Nicolaus decreased their target price on Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Barclays reiterated an “overweight” rating and issued a $98.00 target price on shares of Wyndham Hotels & Resorts in a research note on Friday, February 20th. Mizuho boosted their price target on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.17.

Wyndham Hotels & Resorts Price Performance

WH opened at $80.72 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 5.37. Wyndham Hotels & Resorts has a 52-week low of $69.21 and a 52-week high of $93.08. The company has a 50 day moving average of $78.13 and a two-hundred day moving average of $77.57. The company has a market cap of $6.07 billion, a P/E ratio of 32.68, a P/E/G ratio of 2.04 and a beta of 0.72.

Wyndham Hotels & Resorts (NYSE:WH) last issued its earnings results on Wednesday, February 18th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $334.00 million for the quarter, compared to the consensus estimate of $337.63 million. Wyndham Hotels & Resorts had a net margin of 13.51% and a return on equity of 64.18%. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, analysts expect that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 20th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. Wyndham Hotels & Resorts’s payout ratio is currently 69.64%.

Insider Buying and Selling

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of the transaction, the chief executive officer directly owned 490,028 shares in the company, valued at $38,844,519.56. The trade was a 10.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Paul F. Cash sold 19,800 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $76.09, for a total value of $1,506,582.00. Following the transaction, the general counsel directly owned 27,912 shares of the company’s stock, valued at $2,123,824.08. This trade represents a 41.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 81,424 shares of company stock worth $6,398,601 over the last quarter. 2.46% of the stock is owned by company insiders.

Institutional Trading of Wyndham Hotels & Resorts

Several hedge funds have recently made changes to their positions in WH. EverSource Wealth Advisors LLC grew its stake in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after buying an additional 133 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Wyndham Hotels & Resorts during the fourth quarter valued at $27,000. Geneos Wealth Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 49.2% during the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares during the last quarter. Cornerstone Planning Group LLC bought a new position in shares of Wyndham Hotels & Resorts during the third quarter worth about $36,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Wyndham Hotels & Resorts by 181.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 495 shares of the company’s stock worth $40,000 after acquiring an additional 319 shares during the period. Institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.