Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives $116.45 Average Price Target from Analysts

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $116.45.

Several brokerages have weighed in on WH. Morgan Stanley lifted their price objective on Wyndham Hotels & Resorts from $107.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Stifel Nicolaus boosted their price target on Wyndham Hotels & Resorts from $113.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Wells Fargo & Company upped their price objective on shares of Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Truist Financial boosted their target price on shares of Wyndham Hotels & Resorts from $105.00 to $122.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Finally, Susquehanna increased their price target on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th.

Wyndham Hotels & Resorts Price Performance

NYSE:WH opened at $89.42 on Wednesday. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s 50-day simple moving average is $103.43 and its 200 day simple moving average is $94.81. The firm has a market cap of $6.95 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.87 and a beta of 1.28.

Wyndham Hotels & Resorts (NYSE:WH) last announced its earnings results on Wednesday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.00 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. As a group, sell-side analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current year.

Wyndham Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 17th. This is an increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 1.83%. Wyndham Hotels & Resorts’s dividend payout ratio is 45.18%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently modified their holdings of the company. Trust Co. of Vermont boosted its position in Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock worth $25,000 after buying an additional 200 shares during the period. Proficio Capital Partners LLC acquired a new position in Wyndham Hotels & Resorts in the 4th quarter valued at approximately $28,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after acquiring an additional 234 shares during the last quarter. Assetmark Inc. acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter worth $30,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of Wyndham Hotels & Resorts by 86.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 410 shares of the company’s stock worth $32,000 after purchasing an additional 190 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.