
Intercontinental Hotels Group (NYSE:IHG – Free Report) – Equities researchers at Berenberg Bank issued their FY2026 earnings per share (EPS) estimates for Intercontinental Hotels Group in a research note issued to investors on Friday, September 4th. Berenberg Bank analyst J. Cummings forecasts that the company will earn $5.88 per share for the year. The consensus estimate for Intercontinental Hotels Group’s current full-year earnings is $5.98 per share. Berenberg Bank also issued estimates for Intercontinental Hotels Group’s FY2027 earnings at $6.72 EPS and FY2028 earnings at $7.74 EPS.
Several other equities analysts have also issued reports on IHG. Jefferies Financial Group boosted their target price on shares of Intercontinental Hotels Group from $160.00 to $195.00 and gave the company a “buy” rating in a report on Friday, June 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Intercontinental Hotels Group in a research report on Friday, August 21st. UBS Group raised Intercontinental Hotels Group from a “neutral” rating to a “buy” rating and set a $188.00 target price for the company in a research note on Wednesday, September 2nd. Zacks Research upgraded Intercontinental Hotels Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Sanford C. Bernstein boosted their price target 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. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $179.00.
Intercontinental Hotels Group Stock Performance
Intercontinental Hotels Group stock opened at $154.86 on Thursday. Intercontinental Hotels Group has a 52-week low of $117.29 and a 52-week high of $175.89. The firm has a 50 day moving average price of $160.43 and a two-hundred day moving average price of $152.16.
Intercontinental Hotels Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, August 21st will be given a $0.645 dividend. This represents a yield of 81.0%. The ex-dividend date of this dividend is Friday, August 21st.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Intercontinental Hotels Group by 3.6% in the second quarter. GAMMA Investing LLC now owns 2,011 shares of the company’s stock valued at $348,000 after acquiring an additional 70 shares during the period. SBI Securities Co. Ltd. increased its position in shares of Intercontinental Hotels Group by 20.9% during the fourth quarter. SBI Securities Co. Ltd. now owns 439 shares of the company’s stock worth $62,000 after acquiring an additional 76 shares in the last quarter. Compound Planning Inc. raised its holdings in shares of Intercontinental Hotels Group by 5.4% in the 1st quarter. Compound Planning Inc. now owns 1,694 shares of the company’s stock worth $226,000 after acquiring an additional 87 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Intercontinental Hotels Group by 72.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 217 shares of the company’s stock valued at $30,000 after purchasing an additional 91 shares during the last quarter. Finally, Independent Advisor Alliance increased its holdings in Intercontinental Hotels Group by 0.9% during the 4th quarter. Independent Advisor Alliance now owns 10,577 shares of the company’s stock worth $1,490,000 after purchasing an additional 91 shares in the last quarter. Institutional investors own 15.09% of the company’s stock.
About Intercontinental Hotels Group
InterContinental Hotels Group PLC (NYSE: IHG), commonly known as IHG Hotels & Resorts, is a global hospitality company that develops, manages, franchises and licenses hotels and resorts. Its portfolio spans luxury, upscale, midscale and extended-stay segments, serving business and leisure travelers in markets around the world.
IHG’s brand portfolio includes InterContinental, Regent, Six Senses, Vignette Collection, Kimpton, Hotel Indigo, voco, Crowne Plaza, Holiday Inn, Holiday Inn Express, Garner, avid hotels, Candlewood Suites and Staybridge Suites.
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