Wyndham Hotels & Resorts (NYSE:WH) Issues FY 2022 Earnings Guidance

Wyndham Hotels & Resorts (NYSE:WHGet Rating) issued an update on its FY 2022 earnings guidance on Thursday morning. The company provided EPS guidance of $3.51-$3.63 for the period, compared to the consensus EPS estimate of $3.55. The company issued revenue guidance of -.

Wyndham Hotels & Resorts Trading Up 1.0 %

WH traded up $0.67 during mid-day trading on Friday, hitting $69.41. The stock had a trading volume of 1,038,628 shares, compared to its average volume of 780,911. The stock’s fifty day simple moving average is $70.82 and its 200-day simple moving average is $79.50. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.13 and a quick ratio of 2.13. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 19.95, a price-to-earnings-growth ratio of 1.47 and a beta of 1.52. Wyndham Hotels & Resorts has a 1-year low of $62.89 and a 1-year high of $93.86.

Wyndham Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 29th. Investors of record on Wednesday, June 15th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.84%. Wyndham Hotels & Resorts’s payout ratio is 36.78%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WH. Barclays began coverage on shares of Wyndham Hotels & Resorts in a report on Tuesday, June 28th. They set an equal weight rating and a $77.00 price objective on the stock. Robert W. Baird dropped their price objective on shares of Wyndham Hotels & Resorts from $96.00 to $88.00 in a report on Friday. Stifel Nicolaus dropped their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $85.50 in a report on Wednesday, July 6th. Finally, StockNews.com lowered shares of Wyndham Hotels & Resorts from a buy rating to a hold rating in a report on Wednesday, June 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of Moderate Buy and a consensus price target of $87.75.

Insider Activity at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 30,331 shares of Wyndham Hotels & Resorts stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $79.94, for a total value of $2,424,660.14. Following the completion of the transaction, the general counsel now owns 11,680 shares of the company’s stock, valued at approximately $933,699.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.91% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Covestor Ltd lifted its stake in shares of Wyndham Hotels & Resorts by 90.3% during the 1st quarter. Covestor Ltd now owns 1,427 shares of the company’s stock worth $121,000 after buying an additional 677 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $204,000. Wetherby Asset Management Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 5.9% during the 1st quarter. Wetherby Asset Management Inc. now owns 2,423 shares of the company’s stock worth $205,000 after buying an additional 134 shares during the last quarter. Advisors Asset Management Inc. acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $213,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 18.3% during the 1st quarter. Baird Financial Group Inc. now owns 2,702 shares of the company’s stock worth $229,000 after buying an additional 418 shares during the last quarter. Institutional investors own 92.63% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited-service hotels.

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Earnings History and Estimates for Wyndham Hotels & Resorts (NYSE:WH)

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