Intercontinental Hotels Group (NYSE:IHG) Announces Quarterly Earnings Results

Intercontinental Hotels Group (NYSE:IHGGet Free Report) announced its quarterly earnings data on Monday. The company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.65 by ($1.28), FiscalAI reports. The business had revenue of $627.50 million during the quarter, compared to analysts’ expectations of $2.70 billion.

Intercontinental Hotels Group Stock Up 0.2%

NYSE:IHG traded up $0.29 during trading hours on Tuesday, hitting $155.92. The stock had a trading volume of 130,502 shares, compared to its average volume of 253,171. Intercontinental Hotels Group has a one year low of $117.29 and a one year high of $175.89. The company has a 50 day simple moving average of $163.79 and a two-hundred day simple moving average of $149.34.

Intercontinental Hotels Group News Roundup

Here are the key news stories impacting Intercontinental Hotels Group this week:

  • Positive Sentiment: IHG said first-half profit increased on an adjusted basis, supported by stronger demand from China and the Americas. Global revenue per available room (RevPAR), a key hotel-industry measure, also rose, and management remained on track to meet its 2026 outlook. Hotel giant says growing middle class boosted hotel demand despite Middle East hit
  • Positive Sentiment: The 2026 FIFA World Cup is expected to support hotel bookings and help offset some of the weakness caused by the Iran-related tourism disruption. IHG’s CEO also pointed to higher spending on travel and experiences among the growing global middle class. World Cup helps Holiday Inn owner IHG recover from Iran war bookings slump
  • Positive Sentiment: IHG is expanding its brand portfolio and Middle East pipeline by introducing the premium Noted Collection brand in the region through a Saudi Arabia signing, supporting longer-term fee growth and geographic expansion. IHG introduces Noted Collection to the Middle East
  • Neutral Sentiment: IHG’s quarterly room revenue increased, with China and the Americas driving growth, but the pace of RevPAR expansion slowed as geopolitical uncertainty affected travel demand. IHG quarterly room revenue rises on China and Americas demand
  • Negative Sentiment: Reported first-half pre-tax profit declined, while revenue in the Middle East fell 19% as the Iran conflict hurt tourism. That regional weakness and the slower room-revenue growth appear to be tempering the market’s response to the otherwise resilient results. IHG Middle East revenue drops 19%
  • Negative Sentiment: The company’s reported quarterly EPS of $1.37 missed the $2.65 consensus estimate, and revenue of $627.5 million was below the $2.70 billion estimate cited in the report. The earnings shortfall likely added pressure despite the maintained 2026 guidance. IHG quarterly earnings report

Analysts Set New Price Targets

Several equities analysts recently commented on IHG shares. Sanford C. Bernstein upped their price objective on Intercontinental Hotels Group from $141.00 to $154.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Intercontinental Hotels Group in a research report on Tuesday, May 26th. Jefferies Financial Group boosted their target price on Intercontinental Hotels Group from $160.00 to $195.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Finally, Zacks Research cut Intercontinental Hotels Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $174.50.

Read Our Latest Report on Intercontinental Hotels Group

Institutional Trading of Intercontinental Hotels Group

A number of large investors have recently modified their holdings of IHG. Morgan Stanley increased its position in shares of Intercontinental Hotels Group by 3.9% in the fourth quarter. Morgan Stanley now owns 764,049 shares of the company’s stock worth $107,601,000 after purchasing an additional 28,526 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Intercontinental Hotels Group by 2.5% in the first quarter. Goldman Sachs Group Inc. now owns 668,948 shares of the company’s stock valued at $73,310,000 after acquiring an additional 16,461 shares during the last quarter. Bank of America Corp DE raised its position in Intercontinental Hotels Group by 0.8% during the third quarter. Bank of America Corp DE now owns 501,692 shares of the company’s stock valued at $60,835,000 after purchasing an additional 4,080 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Intercontinental Hotels Group by 29.5% during the third quarter. Lazard Asset Management LLC now owns 460,897 shares of the company’s stock worth $55,888,000 after purchasing an additional 105,034 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of Intercontinental Hotels Group by 5.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 368,487 shares of the company’s stock worth $51,894,000 after purchasing an additional 17,839 shares in the last quarter. Institutional investors own 15.09% of the company’s stock.

About Intercontinental Hotels Group

(Get Free Report)

Intercontinental Hotels Group plc (IHG) is a multinational hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. The company operates across full-service luxury and upscale segments as well as midscale and extended-stay categories, providing lodging, food and beverage, meeting and event services, and related guest amenities. IHG’s business model emphasizes brand franchising and management agreements, while retaining ownership or direct investments in a smaller portion of its global property portfolio.

IHG’s brand portfolio spans global and regional names designed to serve different traveler needs and market segments.

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Earnings History for Intercontinental Hotels Group (NYSE:IHG)

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