Travel + Leisure (NYSE:TNL – Get Free Report ) is scheduled to release its quarterly earnings data before the market opens on Wednesday, July 24. Analysts expect the company to report earnings per share of $1.39 for the quarter. Those who would like to register for the company’s conference call can do so through this link.
Travel + Leisure (NYSE:TNL – get free report ) announced its quarterly earnings on Wednesday, April 24th. The company reported quarterly earnings per share of $0.97, beating the consensus estimate of $0.85 by $0.12. The company’s quarterly revenue was $916 million, beating the consensus estimate of $904.54 million. Travel + Leisure had a negative ROE of -44.34% and a net margin of 10.54%. Travel + Leisure’s revenue grew 4.2% year over year. Earnings per share were $0.89 in the same period last year. Analysts on average expect Travel + Leisure to post EPS of $6 for the current quarter and $6 for the next fiscal year.
Travel + Leisure Stock Performance
Travel+Leisure shares opened trading at $49.87 on Wednesday. Travel+Leisure has a 52-week low of $32.10 and a 52-week high of $49.91. The stock’s 50-day moving average is $44.58 and 200-day moving average is $43.86. The company has a market cap of $3.55 billion, a price-to-earnings ratio of 9.18, a PEG ratio of 2.64 and a beta of 1.63.
Travel + Leisure Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.50 per share. This equates to an annualized dividend of $2.00, or a dividend yield of 4.01%. The ex-dividend date is Friday, June 14th. Travel + Leisure has a dividend payout ratio (DPR) of 36.83%.
Analysts Set New Price Targets
Several equity research analysts have recently issued reports on TNL shares. Mizuho initiated coverage on Travel + Leisure in a report on Tuesday, March 26th. They set a “neutral” rating and a $55.00 price target on the stock. Barclays increased their price target on Travel + Leisure from $44.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, April 25th. Two equity research analysts have rated the stock with a hold rating, and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a “moderate buy” consensus rating with an average price target of $54.83.
Read the latest research report on TNL
Travel + Leisure Company Profile
(Get your free report)
Travel + Leisure Co, together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates through two segments: Vacation Ownership and Travel & Memberships. The Vacation Ownership segment develops, markets and sells vacation ownership interests (VOIs) to private consumers, as well as providing consumer financing in connection with the sale of VOIs and property management services at resorts.
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