Equities Analysts Issue Forecasts for Interval Leisure Group Inc.’s Q4 2016 Earnings (IILG)
Interval Leisure Group Inc. (NASDAQ:IILG) – Equities researchers at Oppenheimer Holdings raised their Q4 2016 EPS estimates for shares of Interval Leisure Group in a note issued to investors on Tuesday. Oppenheimer Holdings analyst I. Zaffino now forecasts that the brokerage will earn $0.36 per share for the quarter, up from their prior forecast of $0.31. Oppenheimer Holdings currently has a “Outperform” rating and a $22.00 target price on the stock.
Interval Leisure Group (NASDAQ:IILG) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.15. The firm had revenue of $297 million for the quarter, compared to analyst estimates of $345.40 million. Interval Leisure Group had a net margin of 28.78% and a return on equity of 12.35%. The business’s revenue for the quarter was up 70.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS.
Several other equities analysts also recently weighed in on IILG. MKM Partners set a $25.00 price target on shares of Interval Leisure Group and gave the company a “buy” rating in a report on Friday, August 5th. Zacks Investment Research downgraded shares of Interval Leisure Group from a “hold” rating to a “strong sell” rating in a report on Thursday, July 21st. Finally, TheStreet raised shares of Interval Leisure Group from a “hold” rating to a “buy” rating in a report on Thursday, July 14th.
Interval Leisure Group (NASDAQ:IILG) opened at 17.28 on Wednesday. The stock has a 50 day moving average of $17.15 and a 200-day moving average of $15.72. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 4.96 and a beta of 1.30. Interval Leisure Group has a one year low of $10.61 and a one year high of $21.98.
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 21st. Stockholders of record on Wednesday, September 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, September 2nd. Interval Leisure Group’s dividend payout ratio (DPR) is presently 17.20%.
A hedge fund recently bought a new stake in Interval Leisure Group stock. Norges Bank acquired a new position in shares of Interval Leisure Group Inc. (NASDAQ:IILG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 632,762 shares of the company’s stock, valued at approximately $9,877,000. Norges Bank owned 1.10% of Interval Leisure Group at the end of the most recent quarter. Institutional investors own 80.46% of the company’s stock.
About Interval Leisure Group
Interval Leisure Group, Inc (ILG) is a provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments. The Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.
Receive News & Stock Ratings for Interval Leisure Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interval Leisure Group Inc. and related stocks with our FREE daily email newsletter.