Wyndham Hotels & Resorts Announces Quarterly Dividend of $0.41 (NYSE:WH)

Wyndham Hotels & Resorts (NYSE:WH) declared a quarterly dividend on Thursday, November 13th. Investors of record on Monday, December 15th will be given a dividend of 0.41 per share on Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 15th.

Wyndham Hotels & Resorts has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 5 years. Wyndham Hotels & Resorts has a payout ratio of 30.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Wyndham Hotels & Resorts to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 29.9%.

Wyndham Hotels & Resorts Price Performance

Wyndham Hotels & Resorts stock traded up $0.01 during mid-day trading on Friday, hitting $72.39. The stock had a trading volume of 201,672 shares, compared to its average volume of 1,039,207. Wyndham Hotels & Resorts has a one year low of $71.37 and a one year 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. The firm has a market capitalization of $5.47 billion, a P/E ratio of 16.67, a P/E/G ratio of 1.91 and a beta of 0.89. The firm’s 50 day moving average is $79.00 and its 200 day moving average is $83.10.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The firm had revenue of $764.00 million during the quarter, compared to analyst estimates of $406.29 million. During the same quarter in the prior year, the company posted $1.39 earnings per share. The business’s quarterly revenue 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, sell-side analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Zacks Research cut shares of Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Morgan Stanley set a $91.00 price target on shares of Wyndham Hotels & Resorts and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a research report on Wednesday, October 8th. Stifel Nicolaus cut their price target on Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a report on Thursday, October 23rd. Finally, Barclays decreased their price objective on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Ten research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $99.86.

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.