Expedia Group (NASDAQ:EXPE – Free Report) had its price objective lowered by Citigroup from $345.00 to $330.00 in a report released on Friday morning,Benzinga reports. Citigroup currently has a neutral rating on the online travel company’s stock.
Several other brokerages have also recently weighed in on EXPE. Wells Fargo & Company raised their target price on Expedia Group from $275.00 to $278.00 and gave the company a “cautious” rating in a research note on Thursday. Barclays cut their price target on shares of Expedia Group from $320.00 to $310.00 and set an “equal weight” rating for the company in a report on Thursday. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. dropped their target price on shares of Expedia Group from $330.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Robert W. Baird set a $335.00 target price on shares of Expedia Group in a research note on Thursday, August 6th. Sixteen analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $314.68.
Get Our Latest Stock Report on EXPE
Expedia Group Price Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its earnings results on Wednesday, November 4th. The online travel company reported $9.39 earnings per share for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same period in the prior year, the firm posted $7.57 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Equities research analysts anticipate that Expedia Group will post 17.37 EPS for the current fiscal year.
Expedia Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.48 per share. The ex-dividend date is Wednesday, November 18th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 11.21%.
Insider Buying and Selling at Expedia Group
In other news, insider Robert Dzielak sold 3,003 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total value of $945,945.00. Following the completion of the sale, the insider directly owned 103,829 shares of the company’s stock, valued at $32,706,135. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig Jacobson sold 3,133 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the sale, the director owned 29,832 shares of the company’s stock, valued at approximately $9,800,408.64. This represents a 9.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,950 shares of company stock valued at $3,881,995 in the last 90 days. 5.20% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Expedia Group
A number of institutional investors have recently modified their holdings of EXPE. Bank of New York Mellon Corp purchased a new stake in shares of Expedia Group during the second quarter worth $166,203,000. First Trust Advisors LP increased its position in Expedia Group by 104.1% in the 1st quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock worth $275,112,000 after purchasing an additional 607,698 shares during the last quarter. Wellington Management Group LLP increased its position in Expedia Group by 67.7% in the 2nd quarter. Wellington Management Group LLP now owns 780,140 shares of the online travel company’s stock worth $199,622,000 after purchasing an additional 314,984 shares during the last quarter. SEB Asset Management AB purchased a new stake in shares of Expedia Group during the 1st quarter worth about $53,254,000. Finally, KBC Group NV raised its stake in shares of Expedia Group by 201.3% during the 1st quarter. KBC Group NV now owns 276,150 shares of the online travel company’s stock worth $63,761,000 after purchasing an additional 184,507 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Expedia Group News Roundup
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Expedia beat analysts’ Q3 earnings and revenue estimates, with revenue up year over year. It also raised its 2026 outlook, citing B2B growth, strong travel demand and margin improvement. Expedia Group Q3 Earnings & Revenues Beat Estimates
- Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, payable December 10 to shareholders of record November 18. Expedia declares a dividend
- Neutral Sentiment: Analyst actions were mixed: Susquehanna and JPMorgan lowered their price targets while keeping neutral ratings; Cantor Fitzgerald raised its target, also maintaining a neutral rating. These changes indicate continued caution despite targets remaining above the share price. Susquehanna analyst action
- Negative Sentiment: The main overhang is Expedia’s below-par Q4 revenue and bookings forecast. Management pointed to softer demand and geopolitical uncertainty, raising concerns that travel-sector headwinds could persist near term. Reuters: Expedia shares slide after forecast fuels concerns
- Negative Sentiment: Travel stocks also faced a relative-sentiment headwind: Airbnb rallied after reporting faster growth and raising its outlook, while Expedia and Booking Holdings fell. Airbnb rally contrasts with Expedia and Booking
About Expedia Group
Expedia Group, Inc is an online travel company that connects travelers with lodging, flights, rental cars, cruises, vacation packages and activities. Its consumer-facing brands include Expedia, Hotels.com and Vrbo, which specializes in vacation rentals. The company also provides travel technology and booking services to business partners.
Founded in 1996 as a division of Microsoft, Expedia became an independent public company in 1999. It serves travelers and lodging partners in markets around the world through its websites and mobile apps.
Expedia Group is headquartered in Seattle, Washington.
See Also
- Five stocks we like better than Expedia Group
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
