Hyatt Hotels (NYSE:H – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.58, Briefing.com reports. Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. The company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same period in the previous year, the business earned $0.82 EPS.
Hyatt Hotels Stock Down 0.7 %
NYSE H traded down $0.99 during mid-day trading on Wednesday, reaching $131.03. The stock had a trading volume of 1,212,319 shares, compared to its average volume of 609,794. The stock has a market cap of $13.26 billion, a PE ratio of 20.33 and a beta of 1.51. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The company has a fifty day moving average price of $148.78 and a 200 day moving average price of $147.93. Hyatt Hotels has a 1 year low of $96.77 and a 1 year high of $162.24.
Hyatt Hotels Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Tuesday, August 27th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, August 27th. Hyatt Hotels’s dividend payout ratio is currently 9.32%.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on Hyatt Hotels
Insider Activity
In other Hyatt Hotels news, Director Michael A. Rocca sold 1,189 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total value of $177,779.28. Following the transaction, the director now directly owns 20,219 shares of the company’s stock, valued at $3,023,144.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Hyatt Hotels news, Director Michael A. Rocca sold 1,189 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $149.52, for a total value of $177,779.28. Following the transaction, the director now directly owns 20,219 shares in the company, valued at $3,023,144.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joan Bottarini sold 305 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $148.00, for a total value of $45,140.00. Following the completion of the transaction, the insider now directly owns 15,799 shares in the company, valued at $2,338,252. The disclosure for this sale can be found here. Insiders own 23.50% of the company’s stock.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.
Further Reading
- Five stocks we like better than Hyatt Hotels
- Bank Stocks – Best Bank Stocks to Invest In
- What Are Bonds? A High-Level Overview
- Pros And Cons Of Monthly Dividend Stocks
- Super Micro Stock Drops Sharply After Earnings on Margin Concerns
- The How And Why of Investing in Oil Stocks
- Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Receive News & Ratings for Hyatt Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels and related companies with MarketBeat.com's FREE daily email newsletter.