Wall Street analysts expect GreenTree Hospitality Group Ltd – (NYSE:GHG) to announce $0.17 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for GreenTree Hospitality Group’s earnings. GreenTree Hospitality Group reported earnings per share of $0.15 in the same quarter last year, which would suggest a positive year-over-year growth rate of 13.3%. The company is scheduled to announce its next quarterly earnings report on Tuesday, May 21st.
On average, analysts expect that GreenTree Hospitality Group will report full year earnings of $0.81 per share for the current year. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.98 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover GreenTree Hospitality Group.
GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings results on Thursday, March 14th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $36.34 million during the quarter. GreenTree Hospitality Group had a return on equity of 25.30% and a net margin of 41.76%.
A number of research analysts have recently weighed in on the company. Zacks Investment Research downgraded GreenTree Hospitality Group from a “hold” rating to a “sell” rating in a research note on Friday, December 28th. CLSA assumed coverage on GreenTree Hospitality Group in a research note on Tuesday, January 22nd. They set a “buy” rating and a $15.70 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. GreenTree Hospitality Group presently has an average rating of “Buy” and a consensus price target of $16.83.
Shares of GHG stock traded up $0.67 during trading hours on Thursday, hitting $15.14. The company had a trading volume of 59,578 shares, compared to its average volume of 80,167. GreenTree Hospitality Group has a 12 month low of $9.50 and a 12 month high of $25.10. The firm has a market cap of $1.50 billion and a P/E ratio of 24.82.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Two Sigma Advisers LP grew its holdings in shares of GreenTree Hospitality Group by 7.3% in the fourth quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock worth $304,000 after purchasing an additional 1,600 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of GreenTree Hospitality Group in the 3rd quarter valued at about $410,000. Public Employees Retirement System of Ohio grew its holdings in shares of GreenTree Hospitality Group by 14.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 67,361 shares of the company’s stock valued at $875,000 after acquiring an additional 8,736 shares in the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of GreenTree Hospitality Group by 16.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 71,000 shares of the company’s stock valued at $922,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Pendal Group Ltd bought a new stake in shares of GreenTree Hospitality Group during the fourth quarter worth $1,273,000. Hedge funds and other institutional investors own 9.53% of the company’s stock.
About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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