A number of research firms have changed their ratings and price targets for Travel + Leisure (NYSE: TNL):
- 3/7/2025 – Travel + Leisure had its price target raised by analysts at Truist Financial Co. from $61.00 to $72.00. They now have a “buy” rating on the stock.
- 3/6/2025 – Travel + Leisure had its price target raised by analysts at Tigress Financial from $64.00 to $70.00. They now have a “buy” rating on the stock.
- 2/20/2025 – Travel + Leisure had its price target raised by analysts at Barclays PLC from $48.00 to $54.00. They now have an “underweight” rating on the stock.
- 2/20/2025 – Travel + Leisure had its “neutral” rating reaffirmed by analysts at Mizuho. They now have a $64.00 price target on the stock, up previously from $55.00.
- 1/27/2025 – Travel + Leisure was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “buy” rating. They now have a $60.00 price target on the stock, up previously from $40.00.
Travel + Leisure Stock Performance
Shares of Travel + Leisure stock opened at $48.23 on Wednesday. Travel + Leisure Co. has a 52-week low of $39.91 and a 52-week high of $58.95. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 8.26, a P/E/G ratio of 0.67 and a beta of 1.61. The company’s 50 day moving average price is $53.84 and its 200-day moving average price is $50.59.
Travel + Leisure (NYSE:TNL – Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.04. The business had revenue of $971.00 million for the quarter, compared to analysts’ expectations of $958.87 million. Travel + Leisure had a net margin of 10.63% and a negative return on equity of 45.75%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.98 earnings per share. As a group, equities research analysts forecast that Travel + Leisure Co. will post 6.46 earnings per share for the current fiscal year.
Travel + Leisure Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 4.64%. The ex-dividend date is Monday, March 17th. This is a positive change from Travel + Leisure’s previous quarterly dividend of $0.50. Travel + Leisure’s payout ratio is currently 38.36%.
Institutional Investors Weigh In On Travel + Leisure
Large investors have recently bought and sold shares of the business. Jones Financial Companies Lllp bought a new position in shares of Travel + Leisure during the 4th quarter valued at approximately $25,000. Versant Capital Management Inc lifted its holdings in Travel + Leisure by 49.2% in the 4th quarter. Versant Capital Management Inc now owns 637 shares of the company’s stock worth $32,000 after purchasing an additional 210 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Travel + Leisure by 314.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 663 shares of the company’s stock worth $33,000 after acquiring an additional 503 shares in the last quarter. Natixis purchased a new stake in shares of Travel + Leisure during the 4th quarter worth approximately $37,000. Finally, UMB Bank n.a. raised its holdings in shares of Travel + Leisure by 36.9% during the 4th quarter. UMB Bank n.a. now owns 757 shares of the company’s stock worth $38,000 after acquiring an additional 204 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.
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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