Short Interest in Wyndham Hotels & Resorts (NYSE:WH) Declines By 17.6%
by Jessica Moore · The Cerbat GemWyndham Hotels & Resorts (NYSE:WH – Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 5,989,730 shares, a drop of 17.6% from the March 31st total of 7,268,950 shares. Approximately 8.2% of the shares of the company are short sold. Based on an average trading volume of 1,089,487 shares, the short-interest ratio is currently 5.5 days.
Wyndham Hotels & Resorts Stock Down 0.4%
Shares of NYSE WH traded down $0.34 during mid-day trading on Friday, hitting $81.04. The company had a trading volume of 1,393,667 shares, compared to its average volume of 1,175,847. The company has a market capitalization of $6.08 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 2.13 and a beta of 0.64. The firm has a 50-day simple moving average of $81.77 and a two-hundred day simple moving average of $77.97. The company has a current ratio of 0.12, a quick ratio of 0.86 and a debt-to-equity ratio of 5.37. Wyndham Hotels & Resorts has a one year low of $69.21 and a one year high of $92.68.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. Wyndham Hotels & Resorts had a net margin of 13.40% and a return on equity of 69.44%. The business had revenue of $327.00 million during the quarter, compared to analysts’ expectations of $321.97 million. During the same period last year, the business earned $0.86 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. On average, equities analysts expect that Wyndham Hotels & Resorts will post 4.73 EPS for the current year.
Wyndham Hotels & Resorts Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, March 20th were paid a $0.43 dividend. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. The ex-dividend date was Friday, March 20th. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 69.08%.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other Wyndham Hotels & Resorts news, insider Scott R. Strickland sold 6,500 shares of Wyndham Hotels & Resorts stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $80.36, for a total transaction of $522,340.00. Following the sale, the insider owned 43,639 shares in the company, valued at $3,506,830.04. The trade was a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Paul F. Cash sold 19,800 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, March 6th. The shares were sold at an average price of $76.09, for a total value of $1,506,582.00. Following the transaction, the general counsel directly owned 27,912 shares of the company’s stock, valued at approximately $2,123,824.08. The trade was a 41.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.33% of the company’s stock.
Institutional Investors Weigh In On Wyndham Hotels & Resorts
A number of large investors have recently added to or reduced their stakes in WH. Royal Bank of Canada raised its stake in Wyndham Hotels & Resorts by 31.8% in the 1st quarter. Royal Bank of Canada now owns 60,411 shares of the company’s stock valued at $5,467,000 after acquiring an additional 14,593 shares during the period. Integrated Wealth Concepts LLC increased its position in Wyndham Hotels & Resorts by 34.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,622 shares of the company’s stock worth $418,000 after buying an additional 1,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Wyndham Hotels & Resorts by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 248,495 shares of the company’s stock worth $22,491,000 after buying an additional 18,191 shares during the period. Geneos Wealth Management Inc. increased its position in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Wyndham Hotels & Resorts by 73.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after buying an additional 133 shares during the period. Institutional investors own 93.46% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on WH. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday. Barclays boosted their price objective on Wyndham Hotels & Resorts from $98.00 to $104.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Mizuho boosted their price objective on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $98.00 price objective on Wyndham Hotels & Resorts in a research report on Thursday. Finally, Zacks Research upgraded Wyndham Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $96.55.
Check Out Our Latest Stock Analysis on WH
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.