Travel + Leisure (NYSE:TNL – Get Free Report) is set to release its quarterly earnings data before the market opens on Wednesday, July 24. Analysts expect the company to report earnings of $1.39 per share for the quarter. Those interested in registering for the company’s conference call can do so using this link.
Travel + Leisure (NYSE:TNL – Get Free Report) released its latest quarterly earnings results on Wednesday, April 24th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.12. The company had revenue of $916.00 million during the quarter, compared to the consensus estimate of $904.54 million. Travel + Leisure had a negative return on equity of 44.34% and a net margin of 10.54%. Travel + Leisure’s revenue increased by 4.2% compared to the same quarter last year. During the same quarter last year, the business reported earnings of $0.89 per share. On average, analysts expect Travel + Leisure to report $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Travel + Leisure stock performance
Travel + Leisure shares opened at $49.87 on Wednesday. Travel + Leisure has a fifty-two-week low of $32.10 and a fifty-two-week high of $49.91. The stock has a fifty-day moving average of $44.58 and a two-hundred-day moving average of $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 announced a quarterly dividend, which was paid on Friday, June 28. Shareholders of record on Friday, June 14 were paid a dividend of $0.50 per share. This represents an annualized dividend of $2.00 and a dividend yield of 4.01%. The ex-dividend date was Friday, June 14. Travel + Leisure’s dividend payout ratio (DPR) is 36.83%.
Analysts set new price targets
Several equities research analysts have recently issued reports on shares of TNL. Mizuho initiated coverage on Travel + Leisure in a report on Tuesday, March 26th. They set a “neutral” rating and a $55.00 price objective on the stock. Barclays increased their price objective 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 equities research analysts have rated the stock with a hold rating and four have given the stock a buy rating. According to data from MarketBeat.com, the company currently has a “Moderate Buy” consensus rating and an average price target of $54.83.
Read our latest research report on TNL
Travel + Leisure Company Profile
(Get the free report)
Travel + Leisure Co, together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, as well as provides consumer financing in connection with the sale of VOIs; and resort property management services.
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