Wyndham Hotels & Resorts (NYSE:WH) Releases Quarterly Earnings Results

Key Points

• Wyndham Hotels & Resorts reported $1.46 EPS for the quarter, exceeding estimates by $0.02.
• The company declared a quarterly dividend of $0.41, resulting in an annualized yield of 2.0% with a payout ratio of 38.32%.
• Analysts generally rate Wyndham Hotels & Resorts stock as a "Moderate Buy," with a consensus target price of $105.65.

Wyndham Hotels & Resorts (NYSE:WH - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.42 by $0.04, Zacks reports. Wyndham Hotels & Resorts had a return on equity of 60.79% and a net margin of 23.10%.The company had revenue of $382.00 million for the quarter, compared to the consensus estimate of $406.29 million. During the same quarter in the prior year, the company posted $1.39 EPS. Wyndham Hotels & Resorts's quarterly revenue was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts updated its FY 2025 guidance to 4.480-4.62 EPS.

Wyndham Hotels & Resorts Stock Performance

NYSE WH traded down $4.42 during mid-day trading on Thursday, reaching $75.97. 3,329,110 shares of the stock were exchanged, compared to its average volume of 1,009,224. The company has a market capitalization of $5.80 billion, a P/E ratio of 17.75, a P/E/G ratio of 1.44 and a beta of 0.92. The company has a debt-to-equity ratio of 4.44, a quick ratio of 1.03 and a current ratio of 1.03. The business's 50 day moving average is $83.44 and its 200-day moving average is $84.10. Wyndham Hotels & Resorts has a 1 year low of $73.89 and a 1 year high of $113.07.

Wyndham Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, September 15th. Wyndham Hotels & Resorts's payout ratio is 38.32%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WH. Barclays lowered their price objective on shares of Wyndham Hotels & Resorts from $101.00 to $99.00 and set an "overweight" rating for the company in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, October 8th. Stifel Nicolaus cut their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a "buy" rating on the stock in a report on Thursday. Morgan Stanley set a $91.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Truist Financial upped their target price on Wyndham Hotels & Resorts from $100.00 to $101.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $105.04.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its position in Wyndham Hotels & Resorts by 6.3% during the second quarter. The Manufacturers Life Insurance Company now owns 395,152 shares of the company's stock worth $32,090,000 after buying an additional 23,329 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Wyndham Hotels & Resorts by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company's stock valued at $22,491,000 after acquiring an additional 18,191 shares during the last quarter. Sophron Capital Management L.P. grew its holdings in shares of Wyndham Hotels & Resorts by 197.6% in the second quarter. Sophron Capital Management L.P. now owns 181,063 shares of the company's stock valued at $14,704,000 after purchasing an additional 120,226 shares during the period. BNP Paribas Financial Markets increased its position in Wyndham Hotels & Resorts by 1,274.7% during the second quarter. BNP Paribas Financial Markets now owns 160,731 shares of the company's stock worth $13,053,000 after purchasing an additional 149,039 shares during the last quarter. Finally, Squarepoint Ops LLC raised its stake in Wyndham Hotels & Resorts by 348.5% during the second quarter. Squarepoint Ops LLC now owns 153,194 shares of the company's stock worth $12,441,000 after purchasing an additional 119,035 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Company Profile

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.