GreenTree Hospitality Group Ltd – (GHG) Expected to Post Earnings of $0.17 Per Share

Wall Street analysts expect GreenTree Hospitality Group Ltd – (NYSE:GHG) to post earnings of $0.17 per share for the current quarter, Zacks reports. Zero analysts have made estimates for GreenTree Hospitality Group’s earnings. GreenTree Hospitality Group reported earnings of $0.15 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 13.3%. The firm is expected to report its next earnings results 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 financial year. For the next fiscal year, analysts forecast that the business will post earnings of $0.98 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover GreenTree Hospitality Group.

GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings data on Thursday, March 14th. The company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. GreenTree Hospitality Group had a net margin of 41.76% and a return on equity of 25.30%. The business had revenue of $36.34 million for the quarter.

A number of analysts recently weighed in on GHG shares. Zacks Investment Research cut shares of GreenTree Hospitality Group from a “hold” rating to a “sell” rating in a report on Friday, December 28th. CLSA started coverage on shares of GreenTree Hospitality Group in a report on Tuesday, January 22nd. They issued a “buy” rating and a $15.70 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. GreenTree Hospitality Group has a consensus rating of “Buy” and an average price target of $16.83.

GHG stock opened at $14.82 on Thursday. GreenTree Hospitality Group has a fifty-two week low of $9.50 and a fifty-two week high of $25.10. The stock has a market capitalization of $1.50 billion and a P/E ratio of 23.52.

Several hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Advisers LP grew its position in GreenTree Hospitality Group by 7.3% in the 4th quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock valued at $304,000 after buying an additional 1,600 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in 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 buying an additional 8,736 shares in the last quarter. State of New Jersey Common Pension Fund D grew its position in 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 buying an additional 10,000 shares in the last quarter. Federated Investors Inc. PA grew its position in GreenTree Hospitality Group by 1.1% in the 3rd quarter. Federated Investors Inc. PA now owns 1,390,661 shares of the company’s stock valued at $17,661,000 after buying an additional 15,000 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in GreenTree Hospitality Group in the 3rd quarter valued at about $410,000. 9.53% of the stock is currently owned by institutional investors and hedge funds.

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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