Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $0.48 per share by the online travel company on Thursday, December 10th. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, November 18th.
Expedia Group has increased its dividend payment by an average of 0.4% per year over the last three years. Expedia Group has a dividend payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Expedia Group to earn $20.46 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 9.4%.
Expedia Group Trading Down 13.7%
Shares of NASDAQ:EXPE opened at $272.48 on Friday. Expedia Group has a 12-month low of $185.34 and a 12-month high of $342.00. The business’s fifty day simple moving average is $282.99 and its 200-day simple moving average is $259.54. The company has a market capitalization of $32.70 billion, a PE ratio of 15.91, a P/E/G ratio of 0.76 and a beta of 1.39. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The online travel company reported $9.39 earnings per share for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. The firm had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Expedia Group had a return on equity of 97.32% and a net margin of 12.98%. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $7.57 EPS. As a group, equities research analysts predict that Expedia Group will post 17.37 earnings per share for the current fiscal year.
Expedia Group Company Profile
Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.
Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.
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