Hilton Worldwide (HLT) Scheduled to Post Earnings on Wednesday

Hilton Worldwide (NYSE:HLT) is scheduled to be releasing its earnings data before the market opens on Wednesday, April 24th. Analysts expect Hilton Worldwide to post earnings of $1.41 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, February 7th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.61 billion. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 earnings per share. On average, analysts expect Hilton Worldwide to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock opened at $195.14 on Tuesday. The company has a market capitalization of $49.05 billion, a PE ratio of 45.07, a P/E/G ratio of 1.72 and a beta of 1.25. The company has a 50-day simple moving average of $205.17 and a two-hundred day simple moving average of $183.85. Hilton Worldwide has a one year low of $134.43 and a one year high of $215.79.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, February 23rd were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, February 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.31%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 13.86%.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 21,489 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the completion of the transaction, the insider now directly owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

HLT has been the topic of several recent analyst reports. BMO Capital Markets upped their price objective on shares of Hilton Worldwide from $203.00 to $215.00 and gave the company a “market perform” rating in a report on Wednesday, March 20th. Truist Financial reiterated a “hold” rating and issued a $199.00 target price on shares of Hilton Worldwide in a research report on Wednesday, March 20th. Barclays upped their target price on Hilton Worldwide from $204.00 to $216.00 and gave the company an “overweight” rating in a research report on Friday. Robert W. Baird upped their target price on Hilton Worldwide from $210.00 to $212.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Finally, Wells Fargo & Company upped their target price on Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 20th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $201.94.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.