Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) has earned an average recommendation of “Hold” from the thirty-nine brokerages that are currently covering the company, Marketbeat reports. Twenty-two analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $284.8485.
A number of brokerages have recently commented on EXPE. Robert W. Baird set a $290.00 price objective on shares of Expedia Group in a research report on Friday, May 8th. Truist Financial decreased their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research report on Monday, April 6th. Piper Sandler lifted their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Bank of America lifted their price objective on shares of Expedia Group from $303.00 to $306.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Argus decreased their price objective on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th.
Get Our Latest Research Report on EXPE
Expedia Group Stock Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the firm posted $0.40 EPS. The company’s quarterly revenue was up 14.7% on a year-over-year basis. As a group, equities analysts forecast that Expedia Group will post 16.64 earnings per share for the current year.
Expedia Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s payout ratio is presently 16.90%.
Insider Activity at Expedia Group
In related news, insider Robert J. Dzielak sold 8,225 shares of Expedia Group stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 5.20% of the company’s stock.
Institutional Trading of Expedia Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the 4th quarter worth about $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group during the 4th quarter worth about $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group during the 4th quarter worth about $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of Expedia Group during the 3rd quarter worth about $30,000. Institutional investors own 90.76% of the company’s stock.
About Expedia Group
Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.
Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.
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