Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $68.54 and last traded at $69.8650, with a volume of 29013 shares changing hands. The stock had previously closed at $69.87.
Analyst Ratings Changes
A number of brokerages have issued reports on WH. Wells Fargo & Company raised their target price on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Susquehanna cut their price target on shares of Wyndham Hotels & Resorts from $90.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a research note on Wednesday, July 8th. Barclays decreased their price objective on shares of Wyndham Hotels & Resorts from $104.00 to $102.00 and set an “overweight” rating for the company in a report on Monday, July 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $95.91.
View Our Latest Stock Analysis on WH
Wyndham Hotels & Resorts Stock Performance
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. Wyndham Hotels & Resorts had a net margin of 14.67% and a return on equity of 74.22%. The firm had revenue of $375.00 million for the quarter, compared to analyst estimates of $400.75 million. During the same quarter in the previous year, the firm posted $1.33 earnings per share. The business’s revenue was down 5.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.710-4.830 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts will post 4.81 EPS for the current fiscal year.
Wyndham Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 63.24%.
Insider Transactions at Wyndham Hotels & Resorts
In related news, CEO Geoffrey Ballotti sold 19,414 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.71, for a total value of $1,411,591.94. Following the sale, the chief executive officer owned 549,323 shares of the company’s stock, valued at approximately $39,941,275.33. This trade represents a 3.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.33% of the company’s stock.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
Hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 133 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Wyndham Hotels & Resorts in the 4th quarter valued at about $27,000. Geneos Wealth Management Inc. increased its position in shares of Wyndham Hotels & Resorts by 49.2% in the first quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares during the last quarter. Continuum Advisory LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter worth about $36,000. Finally, J.Safra Asset Management Corp bought a new position in Wyndham Hotels & Resorts in the second quarter valued at approximately $43,000. 93.46% of the stock is owned by institutional investors.
Wyndham Hotels & Resorts Company Profile
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.
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