Expedia Group, Inc. (NASDAQ:EXPE) Announces Dividend Increase – $0.40 Per Share

Expedia Group, Inc. (NASDAQ:EXPE) declared a quarterly dividend on Thursday, February 6th,RTT News reports. Shareholders 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 is Thursday, March 6th. This is an increase from Expedia Group’s previous quarterly dividend of $0.34.

Expedia Group Stock Up 17.3 %

NASDAQ EXPE opened at $202.37 on Friday. The company has a market cap of $25.97 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 0.82 and a beta of 1.82. Expedia Group has a 1-year low of $107.25 and a 1-year high of $205.12. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a 50 day moving average of $182.07 and a 200-day moving average of $159.92.

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

Insider Transactions at Expedia Group

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on EXPE shares. Barclays upped their price objective on shares of Expedia Group from $166.00 to $187.00 and gave the stock an “equal weight” rating in a research report on Friday. Wedbush reissued a “neutral” rating and issued a $215.00 price objective (up from $180.00) on shares of Expedia Group in a research note on Friday. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research note on Friday. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $210.00 price objective (up from $180.00) on shares of Expedia Group in a research report on Friday. Nineteen equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price 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.