Wall Street brokerages forecast that GreenTree Hospitality Group Ltd – (NYSE:GHG) will announce $0.19 earnings per share (EPS) for the current quarter, Zacks reports. Zero analysts have provided estimates for GreenTree Hospitality Group’s earnings. GreenTree Hospitality Group posted earnings per share of $0.16 during the same quarter last year, which indicates a positive year over year growth rate of 18.8%. The company is scheduled to announce its next earnings results on Thursday, August 22nd.
According to Zacks, analysts expect that GreenTree Hospitality Group will report full-year earnings of $0.80 per share for the current fiscal year, with EPS estimates ranging from $0.77 to $0.83. For the next financial year, analysts forecast that the business will post earnings of $0.92 per share, with EPS estimates ranging from $0.91 to $0.93. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover GreenTree Hospitality Group.
GreenTree Hospitality Group (NYSE:GHG) last issued its quarterly earnings results on Friday, May 24th. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.10). The company had revenue of $35.06 million during the quarter. GreenTree Hospitality Group had a return on equity of 25.01% and a net margin of 45.04%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP increased its stake in GreenTree Hospitality Group by 7.3% in the fourth quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock valued at $304,000 after acquiring an additional 1,600 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of GreenTree Hospitality Group by 14.9% during the fourth quarter. Public Employees Retirement System of Ohio now owns 67,361 shares of the company’s stock valued at $875,000 after buying an additional 8,736 shares during the last quarter. Marshall Wace North America L.P. grew its stake in shares of GreenTree Hospitality Group by 747.2% during the first quarter. Marshall Wace North America L.P. now owns 11,784 shares of the company’s stock valued at $163,000 after buying an additional 10,393 shares during the last quarter. Marshall Wace LLP bought a new position in shares of GreenTree Hospitality Group during the first quarter valued at about $739,000. Finally, Aubrey Capital Management Ltd grew its stake in shares of GreenTree Hospitality Group by 13.0% during the fourth quarter. Aubrey Capital Management Ltd now owns 483,874 shares of the company’s stock valued at $6,252,000 after buying an additional 55,736 shares during the last quarter. 8.69% of the stock is currently owned by institutional investors and hedge funds.
Shares of GHG opened at $12.13 on Wednesday. The business has a 50-day moving average of $12.48. The stock has a market cap of $1.27 billion, a PE ratio of 19.89, a P/E/G ratio of 0.88 and a beta of 1.61. GreenTree Hospitality Group has a 1-year low of $9.50 and a 1-year high of $20.28.
GreenTree Hospitality Group Company Profile
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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