Expedia Group, Inc. Plans Quarterly Dividend of $0.40 (NASDAQ:EXPE)

Expedia Group, Inc. (NASDAQ:EXPE) announced a quarterly dividend on Thursday, November 6th. Shareholders of record on Wednesday, November 19th will be given a dividend of 0.40 per share by the online travel company on Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, November 19th.

Expedia Group has decreased its dividend payment by an average of 1.0%annually over the last three years. Expedia Group has a dividend payout ratio of 9.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Expedia Group to earn $14.75 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 10.8%.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $219.70 on Friday. Expedia Group has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm has a fifty day simple moving average of $218.64 and a 200 day simple moving average of $191.28. The company has a market capitalization of $27.18 billion, a PE ratio of 26.92, a P/E/G ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the company earned $6.13 EPS. Expedia Group’s quarterly revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Analyst Ratings Changes

EXPE has been the subject of several research analyst reports. B. Riley raised their price target on shares of Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. DA Davidson upped their target price on Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Susquehanna raised their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Mizuho assumed coverage on Expedia Group in a research report on Tuesday, September 30th. They set a “neutral” rating and a $240.00 price target for the company. Finally, Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research report on Monday, August 11th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $217.32.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.