GreenTree Hospitality Group (NYSE:GHG) Releases FY 2021 Earnings Guidance


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GreenTree Hospitality Group (NYSE:GHG) updated its FY 2021 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of – for the period. The company issued revenue guidance of $210.94 million-$218.07 million, compared to the consensus revenue estimate of $213.86 million.

Shares of NYSE GHG traded down $0.01 during midday trading on Tuesday, hitting $13.23. The stock had a trading volume of 84,005 shares, compared to its average volume of 22,241. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 1.21 and a beta of 0.79. GreenTree Hospitality Group has a 1-year low of $11.36 and a 1-year high of $15.17. The company has a fifty day moving average price of $13.04 and a 200 day moving average price of $13.08.

GreenTree Hospitality Group (NYSE:GHG) last announced its earnings results on Tuesday, April 13th. The company reported $1.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.10). GreenTree Hospitality Group had a net margin of 27.16% and a return on equity of 17.60%. On average, sell-side analysts anticipate that GreenTree Hospitality Group will post 0.43 earnings per share for the current fiscal year.

GHG has been the topic of several recent analyst reports. Zacks Investment Research lowered GreenTree Hospitality Group from a hold rating to a sell rating in a research report on Wednesday, April 28th. TheStreet raised GreenTree Hospitality Group from a c+ rating to a b- rating in a report on Tuesday, April 20th.

GreenTree Hospitality Group Company Profile

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2019, it operated 34 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 3,957 hotels with 290,026 rooms in operation covering 339 cities in China, and an additional 949 hotels with 68,522 rooms that were contracted for or under development.

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