Expedia Group, Inc. to Issue Quarterly Dividend of $0.48 (NASDAQ:EXPE)

Key Points

• Expedia Group declared a quarterly dividend of $0.48 per share, payable September 17 to shareholders of record on August 27. The dividend represents $1.92 annually and a 0.6% yield.
• The dividend appears well covered, with an 11.5% payout ratio and analysts expecting a future payout ratio of 9.7% based on projected earnings of $19.78 per share.
• Expedia exceeded quarterly expectations, reporting $5.76 in EPS versus the $5.22 consensus and revenue of $4.32 billion, up 14% year over year.

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Thursday, August 27th will be given a dividend of 0.48 per share by the online travel company on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 27th.

Expedia Group has raised its dividend payment by an average of 0.4%per year over the last three years. Expedia Group has a payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Expedia Group to earn $19.78 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 9.7%.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $319.66 on Thursday. The company has a market cap of $39.17 billion, a P/E ratio of 28.14, a PEG ratio of 0.81 and a beta of 1.22. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a one year low of $181.58 and a one year high of $326.99. The business's 50-day simple moving average is $257.56 and its 200 day simple moving average is $243.87.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, topping the consensus estimate of $5.22 by $0.54. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.17 billion. During the same period in the previous year, the company posted $4.24 EPS. Expedia Group's revenue for the quarter was up 14.0% on a year-over-year basis. On average, sell-side analysts forecast that Expedia Group will post 17.18 earnings per share for the current fiscal year.

Expedia Group Company Profile

Expedia Group NASDAQ: EXPE is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company's platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

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