Expedia Inc. (EXPE) Plans Quarterly Dividend of $0.15
Expedia (NASDAQ:EXPE) announced a quarterly dividend on Monday, February 10th, StockRatingsNetwork reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.15 per share on Thursday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Thursday, March 6th.
A number of analysts have recently weighed in on EXPE shares. Analysts at Zacks reiterated a “neutral” rating on shares of Expedia in a research note to investors on Friday. They now have a $68.00 price target on the stock. On a related note, analysts at Credit Suisse raised their price target on shares of Expedia from $60.00 to $78.00 in a research note to investors on Friday. Finally, analysts at Jefferies Group raised their price target on shares of Expedia from $63.00 to $70.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Expedia has an average rating of “Hold” and a consensus target price of $72.87.
Shares of Expedia (NASDAQ:EXPE) traded down 0.17% during mid-day trading on Monday, hitting $74.32. The stock had a trading volume of 2,253,053 shares. Expedia has a one year low of $45.69 and a one year high of $75.45. The stock has a 50-day moving average of $67.93 and a 200-day moving average of $57.51. The company has a market cap of $9.638 billion and a price-to-earnings ratio of 44.58.
Expedia (NASDAQ:EXPE) last announced its earnings results on Thursday, February 6th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.06. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 18.2% on a year-over-year basis. Analysts expect that Expedia will post $3.79 EPS for the current fiscal year.
Expedia, Inc (NASDAQ:EXPE) is an online travel company.
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