Wyndham Hotels & Resorts (NYSE:WH – Free Report) had its target price increased by JPMorgan Chase & Co. from $99.00 to $100.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.
Other equities analysts also recently issued reports about the stock. Barclays upped their price objective on shares of Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Morgan Stanley upped their price objective on shares of Wyndham Hotels & Resorts from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price objective on shares of Wyndham Hotels & Resorts in a research note on Friday, February 20th. Mizuho upped their price objective on shares of Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, Stifel Nicolaus decreased their price target on shares of Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $94.27.
Check Out Our Latest Stock Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Performance
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. The firm had revenue of $334.00 million during 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 company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 earnings per share. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, equities analysts anticipate that Wyndham Hotels & Resorts will post 4.82 EPS for the current year.
Wyndham Hotels & Resorts Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 20th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, March 20th. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a yield of 2.0%. Wyndham Hotels & Resorts’s payout ratio is currently 69.64%.
Insider Transactions at Wyndham Hotels & Resorts
In related news, General Counsel Paul F. Cash sold 19,800 shares of the stock in a transaction dated 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 completion of the transaction, the general counsel directly owned 27,912 shares of the company’s stock, valued at $2,123,824.08. This represents a 41.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Scott R. Strickland sold 6,500 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $80.36, for a total transaction of $522,340.00. Following the completion of the transaction, the insider directly owned 43,639 shares of the company’s stock, valued at approximately $3,506,830.04. The trade was a 12.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.33% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
A number of institutional investors have recently bought and sold shares of WH. Geneos Wealth Management Inc. grew its position in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in Wyndham Hotels & Resorts by 4.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,043 shares of the company’s stock worth $247,000 after purchasing an additional 129 shares during the last quarter. EverSource Wealth Advisors LLC grew its position 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 purchasing an additional 133 shares during the last quarter. Trust Point Inc. grew its position in Wyndham Hotels & Resorts by 3.7% during the 4th quarter. Trust Point Inc. now owns 4,043 shares of the company’s stock worth $305,000 after purchasing an additional 144 shares during the last quarter. Finally, Arizona State Retirement System grew its position in Wyndham Hotels & Resorts by 0.8% during the 3rd quarter. Arizona State Retirement System now owns 22,785 shares of the company’s stock worth $1,821,000 after purchasing an additional 172 shares during the last quarter. 93.46% of the stock is owned by institutional investors.
About Wyndham Hotels & Resorts
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.
Further Reading
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