Hilton Worldwide (HLT) Scheduled to Post Earnings on Wednesday

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

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Wednesday, February 7th. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.11. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. Hilton Worldwide had a negative return on equity of 94.46% and a net margin of 11.15%. Hilton Worldwide’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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

Hilton Worldwide stock opened at $195.14 on Tuesday. The firm has a market capitalization of $49.05 billion, a price-to-earnings ratio of 45.07, a price-to-earnings-growth ratio of 1.72 and a beta of 1.25. Hilton Worldwide has a fifty-two week low of $134.43 and a fifty-two week high of $215.79. The stock’s fifty day moving average is $205.17 and its two-hundred day moving average is $183.85.

Hilton Worldwide Announces Dividend

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

Insider Transactions at Hilton Worldwide

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on HLT. Robert W. Baird upped their price objective on Hilton Worldwide from $210.00 to $212.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Wells Fargo & Company upped their price objective 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. UBS Group upped their price objective on Hilton Worldwide from $190.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. Barclays upped their price objective on Hilton Worldwide from $204.00 to $216.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Evercore ISI upped their price objective on Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research report on Wednesday, March 20th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target 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.