GreenTree Hospitality Group (NYSE:GHG) is scheduled to be releasing its earnings data before the market opens on Friday, May 24th. Analysts expect GreenTree Hospitality Group to post earnings of $0.17 per share for the quarter. GreenTree Hospitality Group has set its FY 2019 guidance at EPS.
GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings data on Thursday, March 14th. The company reported $0.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The company had revenue of $36.34 million during the quarter. GreenTree Hospitality Group had a net margin of 41.76% and a return on equity of 25.30%. On average, analysts expect GreenTree Hospitality Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
GHG opened at $13.75 on Friday. The company has a market capitalization of $1.34 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 0.79 and a beta of 1.14. GreenTree Hospitality Group has a 12 month low of $9.50 and a 12 month high of $25.10.
GHG has been the subject of several analyst reports. CLSA initiated coverage on shares of GreenTree Hospitality Group in a report on Tuesday, January 22nd. They issued a “buy” rating and a $15.70 price objective for the company. China Renaissance Securities initiated coverage on shares of GreenTree Hospitality Group in a report on Monday, May 6th. They issued a “buy” rating and a $18.40 price objective for the company. Finally, Zacks Investment Research raised shares of GreenTree Hospitality Group from a “sell” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Wednesday, April 24th.
A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Morgan Stanley increased its holdings in GreenTree Hospitality Group Ltd – (NYSE:GHG) by 412.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,100 shares of the company’s stock after buying an additional 6,518 shares during the period. Morgan Stanley’s holdings in GreenTree Hospitality Group were worth $112,000 as of its most recent SEC filing. 8.96% of the stock is owned by institutional investors and hedge funds.
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About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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