Wyndham Hotels & Resorts, Inc. (NYSE:WH) Declares Quarterly Dividend of $0.41

Wyndham Hotels & Resorts, Inc. (NYSE:WH) declared a quarterly dividend on Tuesday, March 4th, RTT News reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.41 per share on Monday, March 31st. This represents a $1.64 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Monday, March 17th. This is a 7.9% increase from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38.

Wyndham Hotels & Resorts has increased its dividend by an average of 20.0% annually over the last three years. Wyndham Hotels & Resorts has a payout ratio of 29.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Wyndham Hotels & Resorts to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 29.9%.

Wyndham Hotels & Resorts Price Performance

Shares of WH opened at $89.95 on Friday. The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 1.87 and a beta of 1.28. Wyndham Hotels & Resorts has a 52 week low of $67.67 and a 52 week high of $113.07. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. The stock has a 50 day moving average of $104.04 and a 200-day moving average of $94.29.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on WH. JPMorgan Chase & Co. raised their price target on Wyndham Hotels & Resorts from $99.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Robert W. Baird raised their price target on Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Jefferies Financial Group raised their price target on Wyndham Hotels & Resorts from $107.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Wells Fargo & Company lifted their target price on Wyndham Hotels & Resorts from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Finally, Barclays lifted their target price on Wyndham Hotels & Resorts from $116.00 to $121.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus price target of $116.45.

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.