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

Expedia Group, Inc. (NASDAQ:EXPE) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Thursday, March 5th will be paid a dividend of 0.48 per share by the online travel company on Thursday, March 26th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, March 5th. This is a 20.0% increase from Expedia Group’s previous quarterly dividend of $0.40.

Expedia Group has decreased its dividend payment by an average of 1.0%per year over the last three years. Expedia Group has a payout ratio of 9.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Expedia Group to earn $14.75 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 10.8%.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $227.24 on Friday. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. Expedia Group has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The firm has a market cap of $27.84 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 0.72 and a beta of 1.41. The business has a 50 day moving average price of $274.41 and a 200-day moving average price of $239.82.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.41 billion. During the same period in the prior year, the business posted $2.39 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. Equities research analysts predict that Expedia Group will post 12.28 earnings per share for the current year.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the transaction, the chief accounting officer owned 11,662 shares in the company, valued at $2,893,108.96. This represents a 6.79% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several large investors have recently added to or reduced their stakes in EXPE. Norges Bank purchased a new stake in Expedia Group in the 2nd quarter worth $663,882,000. Wellington Management Group LLP boosted its stake in Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after purchasing an additional 1,801,232 shares during the period. AQR Capital Management LLC grew its holdings in Expedia Group by 102.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after buying an additional 1,473,386 shares in the last quarter. LSV Asset Management raised its position in shares of Expedia Group by 497.0% during the second quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock valued at $147,061,000 after buying an additional 725,797 shares during the last quarter. Finally, Deutsche Bank AG raised its position in shares of Expedia Group by 55.0% during the fourth quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock valued at $364,363,000 after buying an additional 456,176 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

About Expedia Group

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.