Travel + Leisure (NYSE:TNL – Get Free Report) released its earnings results on Wednesday. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.13, Briefing.com reports. Travel + Leisure had a negative return on equity of 44.34% and a net margin of 10.54%. The company had revenue of $985.00 million for the quarter, compared to analysts’ expectations of $987.20 million. During the same quarter in the previous year, the firm posted $1.33 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis.
Travel + Leisure Stock Performance
TNL stock traded up $1.55 on Thursday, reaching $46.08. The company had a trading volume of 678,374 shares, compared to its average volume of 565,370. Travel + Leisure has a 1 year low of $32.10 and a 1 year high of $49.91. The company’s fifty day moving average is $44.89 and its 200 day moving average is $44.18. The company has a market cap of $3.28 billion, a P/E ratio of 8.46, a PEG ratio of 2.76 and a beta of 1.63.
Travel + Leisure Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend was Friday, June 14th. Travel + Leisure’s payout ratio is currently 36.83%.
Analyst Ratings Changes
View Our Latest Report on Travel + Leisure
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.
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