Wyndham Hotels & Resorts (NYSE:WH) Given New $97.00 Price Target at JPMorgan Chase & Co.

Wyndham Hotels & Resorts (NYSE:WH) had its price objective decreased by JPMorgan Chase & Co. from $100.00 to $97.00 in a research note published on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

WH has been the subject of several other research reports. Morgan Stanley raised their target price on Wyndham Hotels & Resorts from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Susquehanna decreased their price target on shares of Wyndham Hotels & Resorts from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Truist Financial increased their price objective on Wyndham Hotels & Resorts from $99.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday, March 26th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Barclays reduced their price objective on Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a research note on Monday. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $97.64.

Wyndham Hotels & Resorts Stock Performance

WH opened at $75.74 on Tuesday. The business has a 50 day moving average price of $80.86 and a two-hundred day moving average price of $80.46. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $92.68.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.11. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.The company had revenue of $327.00 million for the quarter, compared to analysts’ expectations of $321.97 million. During the same period last year, the firm earned $0.86 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. Research analysts predict that Wyndham Hotels & Resorts will post 4.84 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, June 15th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 69.08%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, CEO Geoffrey A. Ballotti sold 18,516 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $80.79, for a total transaction of $1,495,907.64. Following the sale, the chief executive officer owned 548,308 shares in the company, valued at $44,297,803.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $219,462,000. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Wyndham Hotels & Resorts by 177.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 18,926 shares of the company’s stock worth $1,537,000 after buying an additional 12,098 shares during the period. Aberdeen Group plc grew its holdings in shares of Wyndham Hotels & Resorts by 16.6% during the fourth quarter. Aberdeen Group plc now owns 197,477 shares of the company’s stock valued at $14,921,000 after buying an additional 28,077 shares in the last quarter. TD Asset Management Inc grew its holdings in shares of Wyndham Hotels & Resorts by 11.4% during the fourth quarter. TD Asset Management Inc now owns 274,576 shares of the company’s stock valued at $20,747,000 after buying an additional 28,192 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Wyndham Hotels & Resorts by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 1,512,818 shares of the company’s stock valued at $114,331,000 after buying an additional 17,981 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.