Expedia Group, Inc. (EXPE) To Go Ex-Dividend on March 6th

Expedia Group, Inc. (NASDAQ:EXPE) declared a quarterly dividend on Thursday, February 6th,RTT News reports. Stockholders of record on Thursday, March 6th will be paid a dividend of 0.40 per share by the online travel company on Thursday, March 27th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Expedia Group’s previous quarterly dividend of $0.34.

Expedia Group Price Performance

EXPE opened at $202.37 on Friday. The stock has a market cap of $25.97 billion, a P/E ratio of 22.36, a P/E/G ratio of 0.82 and a beta of 1.82. Expedia Group has a 12 month low of $107.25 and a 12 month high of $205.12. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a fifty day simple moving average of $182.07 and a 200 day simple moving average of $159.92.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. On average, research analysts expect that Expedia Group will post 10.75 EPS for the current year.

Insider Activity

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,174,510 over the last ninety days. 6.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have commented on EXPE shares. Wedbush restated a “neutral” rating and set a $215.00 target price (up from $180.00) on shares of Expedia Group in a report on Friday. Argus raised their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Wells Fargo & Company upped their target price on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research note on Friday. Robert W. Baird initiated coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price target on the stock. Finally, Bank of America upgraded Expedia Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Nineteen analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $187.93.

Expedia Group Company Profile

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.