Key Points
- Insider sale: Wyndham insider Scott Strickland sold 969 shares at an average price of $72.25 on Dec. 8, reducing his stake by 2.34% to 40,363 shares (valued at about $2.92M) and the sale was disclosed in an SEC filing.
- Dividend announced: The company declared a quarterly dividend of $0.41 (annualized $1.64), with an ex-dividend date of Dec. 15 and payment on Dec. 30, implying a yield of about 2.2% and a payout ratio near 37.7%.
- Earnings and guidance: Wyndham reported $1.46 EPS for the quarter (beating estimates) with revenue of $382M (down 3.5% year-over-year), set FY2025 guidance of $4.48–$4.62 EPS, and analysts on average forecast about $4.79 EPS for the year.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) insider Scott Strickland sold 969 shares of the firm's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $72.25, for a total transaction of $70,010.25. Following the transaction, the insider directly owned 40,363 shares of the company's stock, valued at $2,916,226.75. This represents a 2.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Wyndham Hotels & Resorts Stock Up 2.0%
WH stock traded up $1.48 during midday trading on Thursday, hitting $75.00. The company's stock had a trading volume of 43,690 shares, compared to its average volume of 1,043,412. The company has a market cap of $5.67 billion, a PE ratio of 17.22, a P/E/G ratio of 1.89 and a beta of 0.77. The firm's 50-day moving average is $74.71 and its 200-day moving average is $81.30. Wyndham Hotels & Resorts has a 12 month low of $69.21 and a 12 month high of $113.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43.
Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a net margin of 23.54% and a return on equity of 61.12%. The firm had revenue of $382.00 million during the quarter, compared to analyst estimates of $406.29 million. During the same quarter in the prior year, the firm earned $1.39 EPS. The business's revenue for the quarter was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. On average, equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.
Wyndham Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, December 15th. Wyndham Hotels & Resorts's payout ratio is currently 37.70%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of WH. EverSource Wealth Advisors LLC raised 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 acquiring an additional 133 shares in the last quarter. Elequin Capital LP acquired a new position in Wyndham Hotels & Resorts in the first quarter valued at $29,000. Hantz Financial Services Inc. grew its holdings in shares of Wyndham Hotels & Resorts by 5,950.0% during the second quarter. Hantz Financial Services Inc. now owns 363 shares of the company's stock worth $29,000 after purchasing an additional 357 shares during the last quarter. Geneos Wealth Management Inc. increased 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 purchasing an additional 124 shares in the last quarter. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the third quarter worth about $36,000. Institutional investors and hedge funds own 93.46% of the company's stock.
Analyst Ratings Changes
Several research analysts have issued reports on the company. Wall Street Zen upgraded Wyndham Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Sunday. Robert W. Baird lowered their price target on shares of Wyndham Hotels & Resorts from $93.00 to $89.00 and set an "outperform" rating for the company in a research report on Tuesday, October 28th. Mizuho began coverage on Wyndham Hotels & Resorts in a research report on Wednesday, December 3rd. They issued a "neutral" rating and a $71.00 price target for the company. Zacks Research downgraded Wyndham Hotels & Resorts from a "hold" rating to a "strong sell" rating in a research report on Thursday, November 6th. Finally, Wells Fargo & Company assumed coverage on Wyndham Hotels & Resorts in a research note on Tuesday, November 18th. They issued an "equal weight" rating and a $82.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $94.63.
Read Our Latest Stock Report on WH
About Wyndham Hotels & Resorts
(
Get Free Report)
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.
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