Travel + Leisure (TNL) Set to Announce Earnings on Thursday
Vacation + Leisure (NYSE:TNL – Get Rating) will be issuing its quarterly earnings information right before the market opens on Thursday, July 28th. Analysts anticipate the enterprise to announce earnings of $1.20 for every share for the quarter. Parties fascinated in registering for the company’s conference get in touch with can do so using this connection.
Journey + Leisure (NYSE:TNL – Get Score) last introduced its quarterly earnings knowledge on Thursday, April 28th. The company reported $.69 earnings for every share (EPS) for the quarter, missing the consensus estimate of $.73 by ($.04). Journey + Leisure had a negative return on equity of 40.92% and a web margin of 9.98%. The organization experienced profits of $809.00 million through the quarter, as opposed to the consensus estimate of $772.11 million. In the course of the same period of time very last calendar year, the corporation acquired $.39 EPS. The firm’s income for the quarter was up 28.8% compared to the very same quarter last calendar year. On normal, analysts anticipate Vacation + Leisure to publish $5 EPS for the present fiscal calendar year and $6 EPS for the subsequent fiscal calendar year.
Vacation + Leisure Inventory Up 1.5 %
Shares of NYSE:TNL opened at $44.45 on Thursday. Travel + Leisure has a 52-7 days small of $37.67 and a 52-week high of $63.19. The inventory has a industry cap of $3.80 billion, a P/E ratio of 11.76 and a beta of 1.73. The business’s 50 working day moving ordinary is $44.69 and its 200 day shifting normal is $51.70.
Vacation + Leisure Dividend Announcement
The organization also lately declared a quarterly dividend, which was compensated on Thursday, June 30th. Shareholders of report on Wednesday, June 15th had been offered a dividend of $.40 for each share. The ex-dividend date was Tuesday, June 14th. This represents a $1.60 annualized dividend and a yield of 3.60%. Vacation + Leisure’s dividend payout ratio (DPR) is presently 42.33%.
Wall Street Analysts Forecast Advancement
TNL has been the topic of quite a few the latest study experiences. Jefferies Fiscal Team lifted Vacation + Leisure from a “hold” ranking to a “buy” score and increased their goal rate for the firm from $62.00 to $79.00 in a investigation report on Friday, April 29th. Barclays initiated coverage on Journey + Leisure in a investigation report on Tuesday, June 28th. They set an “equal weight” score on the stock. One study analyst has rated the stock with a hold score and 5 have issued a purchase score to the stock. According to knowledge from MarketBeat, the corporation presently has a consensus rating of “Moderate Buy” and a consensus goal selling price of $76.60.
In other information, insider James J. Savina bought 5,500 shares of the stock in a transaction on Friday, April 29th. The inventory was bought at an regular value of $57.19, for a complete transaction of $314,545.00. Pursuing the completion of the sale, the insider now owns 13,659 shares in the firm, valued at roughly $781,158.21. The sale was disclosed in a doc filed with the SEC, which is accessible as a result of the SEC website. Enterprise insiders individual 2.07% of the company’s inventory.
Institutional Trading of Travel + Leisure
Numerous hedge money and other institutional investors have recently made adjustments to their positions in TNL. Penserra Funds Management LLC purchased a new stake in shares of Travel + Leisure for the duration of the 1st quarter valued at $31,000. Lazard Asset Management LLC procured a new stake in shares of Vacation + Leisure through the 1st quarter valued at $34,000. Very first Manhattan Co. obtained a new stake in shares of Vacation + Leisure during the 1st quarter valued at $225,000. Beacon Pointe Advisors LLC obtained a new stake in shares of Travel + Leisure in the course of the 1st quarter valued at $230,000. Ultimately, Virtu Financial LLC procured a new posture in Travel + Leisure in the 1st quarter worth $238,000. Hedge money and other institutional buyers have 87.70% of the company’s stock.
About Travel + Leisure
Vacation + Leisure Co, together with its subsidiaries, presents hospitality solutions and merchandise in the United States and internationally. The enterprise operates in two segments, Vacation Possession and Travel and Membership. The Holiday vacation Possession segment develops, markets, and sells family vacation possession pursuits (VOIs) to personal individuals supplies client funding in link with the sale of VOIs and gives assets administration providers at resorts.
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