GreenTree Hospitality Group (NYSE:GHG) Stock Price Down 1.9% - Here's Why
GreenTree Hospitality Group's stock (NYSE:GHG) fell 1.9% during mid-day trading, with increased trading volume. Analysts have set a consensus 'Sell' rating, and Weiss Ratings reiterated a 'sell' rating. The company has a market cap of $187.30 million and reported $0.46 EPS for the last quarter. Despite a dividend yield of 13.0%, analysts suggest better investment options. GreenTree operates hotels in China and engages in investment holding and IT services.
GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report)'s stock price fell 1.9% during mid-day trading on Monday . The company traded as low as $1.83 and last traded at $1.8450. 11,535 shares traded hands during trading, an increase of 26% from the average session volume of 9,144 shares. The stock had previously closed at $1.88.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "sell (d)" rating on shares of GreenTree Hospitality Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Sell".
Read Our Latest Report on GHG
GreenTree Hospitality Group Stock Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.69 and a current ratio of 1.70. The company has a market cap of $187.30 million, a P/E ratio of 4.29 and a beta of 0.64. The stock's fifty day moving average price is $2.00 and its two-hundred day moving average price is $2.10.
GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last announced its quarterly earnings data on Wednesday, October 1st. The company reported $0.46 EPS for the quarter. The firm had revenue of $40.83 million for the quarter.
GreenTree Hospitality Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, October 31st were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a $0.24 annualized dividend and a yield of 13.0%. GreenTree Hospitality Group's dividend payout ratio (DPR) is 11.63%.
About GreenTree Hospitality Group
(Get Free Report)GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.
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