Expedia Group, Inc. (EXPE) to Issue Quarterly Dividend of $0.48 on September 17th

Expedia Group, Inc. (NASDAQ:EXPE) announced a quarterly dividend on Wednesday, August 5th. Investors 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) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 27th.

Expedia Group has raised its dividend by an average of 0.4%per year over the last three years. Expedia Group has a payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Expedia Group to earn $19.80 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

NASDAQ:EXPE opened at $339.13 on Tuesday. The stock has a market cap of $40.70 billion, a P/E ratio of 21.14, a price-to-earnings-growth ratio of 0.79 and a beta of 1.22. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The stock’s 50-day moving average is $282.32 and its 200-day moving average is $248.62. Expedia Group has a 1-year low of $185.34 and a 1-year high of $341.09.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The firm’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.24 earnings per share. Equities research analysts anticipate that Expedia Group will post 17.15 earnings per share for the current year.

Insider Buying and Selling at Expedia Group

In related news, Director Craig A. Jacobson sold 3,133 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director owned 29,832 shares in the company, valued at $9,800,408.64. The trade was a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 15,648 shares of company stock valued at $4,641,221. 5.20% of the stock is currently owned by company insiders.

Institutional Trading of Expedia Group

Several large investors have recently made changes to their positions in EXPE. Motiv8 Investments LLC acquired a new position in shares of Expedia Group during the fourth quarter worth approximately $25,000. Entrust Financial LLC bought a new stake in Expedia Group during the 4th quarter valued at $26,000. First Bancorp Inc ME bought a new stake in Expedia Group during the 2nd quarter valued at $28,000. Sunbelt Securities Inc. raised its holdings in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its holdings in Expedia Group by 272.9% during the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after buying an additional 131 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.