Travel + Leisure (NYSE:TNL – Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, July 24th. Analysts expect the company to announce earnings of $1.39 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Travel + Leisure (NYSE:TNL – Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The company reported $0.97 earnings per share for the quarter, topping 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 was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 earnings per share. On average, analysts expect Travel + Leisure to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Travel + Leisure Stock Performance
Travel + Leisure stock 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 capitalization 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 4.01%. The ex-dividend date was Friday, June 14th. Travel + Leisure’s dividend payout ratio (DPR) is 36.83%.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on TNL shares. Mizuho started 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 raised 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 assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $54.83.
Read Our Latest Research Report on TNL
Travel + Leisure Company Profile
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 property management services at resorts.
Featured Stories
Receive News & Ratings for Travel + Leisure Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Travel + Leisure and related companies with MarketBeat.com’s FREE daily email newsletter.
