Travel+Leisure Co (NYSE: TNL) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2023 Results and Provides 2024 Outlook.

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Stocks Info

Travel+Leisure Co is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Travel Services industry. The current market capitalization of Travel+Leisure Co is $3.21B. A total of 0.58 million shares were traded on the day, compared to an average of 575.69K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, TNL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 88 BUYs and 33 SELLs from insiders. Insiders purchased 930,987 shares during that period but sold 197,619.

In the most recent transaction, CHAVY OLIVIER sold 21,600 shares of TNL for 38.39 per share on Dec 12. After the transaction, the insider now owns 5 company shares. In a previous transaction on Nov 16, HERRERA GEORGE sold 1,009 shares at 37.20 per share. TNL shares that Director owns now total 0.

Among the insiders who bought shares, Brown Michael Dean acquired of 1,000 shares on Oct 26 at a per-share price of $32.57. This resulted in the insider holding 198,664 shares of TNL after the transaction. In another insider transaction, HERRERA GEORGE sold 834 shares at $38.09 per share on Sep 18. Company shares held by the Director now total 0.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Travel+Leisure Co pays an annual dividend of $1.80, resulting in a dividend yield of 3.98%, and it has a price to earnings (P/E) ratio of 8.61. TNL’s most recent ex-dividend date was 12/14/2023 when it declared a $0.45 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/14/2023. The TNL stock dividend was $0.45 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for TNL in the last 3 months, the mean price target is $51.61 with high estimates of $61.00 and low estimates of $40.00. In terms of 52-week highs and lows, TNL has a high of $46.26 and a low of $32.10.

As of this writing, TNL has an earnings estimate of $0.87 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.78. The company reported an EPS of $1.54 in the last quarter, which was 5.50% higher than expectations of $1.46.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TNL’s latest balance sheet shows that the firm has $396.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.45B in debt and $1.16B in liabilities at the time. Its Book Value Per Share was -$12.85, while its Total Shareholder’s Equity was -$794.00M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TNL is Buy with a score of 4.40.

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