Wall Street analysts expect Interval Leisure Group (NASDAQ:ILG) to report $0.34 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for Interval Leisure Group’s earnings, with estimates ranging from $0.32 to $0.35. Interval Leisure Group reported earnings of $0.33 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 3%. The firm is expected to issue its next earnings results on Thursday, May 3rd.

According to Zacks, analysts expect that Interval Leisure Group will report full year earnings of $1.31 per share for the current financial year, with EPS estimates ranging from $1.27 to $1.33. For the next year, analysts forecast that the business will post earnings of $1.66 per share, with EPS estimates ranging from $1.52 to $1.77. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Interval Leisure Group.

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Interval Leisure Group (NASDAQ:ILG) last issued its quarterly earnings data on Wednesday, February 28th. The business services provider reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02). Interval Leisure Group had a return on equity of 8.41% and a net margin of 9.35%. The company had revenue of $438.00 million during the quarter, compared to analysts’ expectations of $419.43 million. During the same quarter last year, the business earned $0.48 earnings per share. The business’s quarterly revenue was down 3.5% on a year-over-year basis.

ILG has been the subject of several research analyst reports. ValuEngine upgraded shares of Interval Leisure Group from a “buy” rating to a “strong-buy” rating in a report on Monday, April 2nd. Macquarie initiated coverage on shares of Interval Leisure Group in a report on Friday, January 5th. They issued a “neutral” rating for the company. BidaskClub upgraded shares of Interval Leisure Group from a “hold” rating to a “buy” rating in a report on Friday, January 5th. Zacks Investment Research upgraded shares of Interval Leisure Group from a “sell” rating to a “hold” rating in a report on Saturday, March 3rd. Finally, Oppenheimer raised their price objective on shares of Interval Leisure Group from $32.00 to $38.00 and gave the stock an “outperform” rating in a report on Thursday, March 15th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $32.86.

Several hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Interval Leisure Group by 37.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,345 shares of the business services provider’s stock valued at $209,000 after purchasing an additional 1,991 shares during the last quarter. ING Groep NV lifted its holdings in shares of Interval Leisure Group by 22.3% during the fourth quarter. ING Groep NV now owns 15,910 shares of the business services provider’s stock valued at $453,000 after purchasing an additional 2,906 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Interval Leisure Group by 4.4% during the fourth quarter. UBS Asset Management Americas Inc. now owns 70,781 shares of the business services provider’s stock valued at $2,016,000 after purchasing an additional 2,963 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Interval Leisure Group by 2.0% during the fourth quarter. Swiss National Bank now owns 191,487 shares of the business services provider’s stock valued at $5,454,000 after purchasing an additional 3,700 shares during the last quarter. Finally, Cerebellum GP LLC purchased a new position in shares of Interval Leisure Group during the fourth quarter valued at approximately $129,000. Hedge funds and other institutional investors own 84.08% of the company’s stock.

ILG traded up $2.06 on Monday, hitting $33.12. The company had a trading volume of 3,855,391 shares, compared to its average volume of 1,449,605. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.86 and a quick ratio of 1.09. Interval Leisure Group has a 52-week low of $21.36 and a 52-week high of $34.92. The firm has a market capitalization of $3,857.74, a PE ratio of 28.24 and a beta of 1.47.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, March 16th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 2.11%. This is a positive change from Interval Leisure Group’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Thursday, March 15th. Interval Leisure Group’s dividend payout ratio (DPR) is presently 63.64%.

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Interval Leisure Group Company Profile

ILG, Inc, together with its subsidiaries, provides professional vacation services in the United States and internationally. The company operates in two segments, Vacation Ownership (VO), and Exchange and Rental. The VO segment engages in the sale, marketing, financing, and development of vacation ownership interests; and management of vacation ownership resorts, as well as in the provision of related services to owners and homeowners' associations (HOAs).

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Earnings History and Estimates for Interval Leisure Group (NASDAQ:ILG)

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