Expedia, Inc. (NASDAQ:EXPE) announced a quarterly dividend on Thursday, October 26th, RTT News reports. Investors of record on Thursday, November 16th will be paid a dividend of 0.30 per share by the online travel company on Thursday, December 7th. This represents a $1.20 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Wednesday, November 15th.

Shares of Expedia (NASDAQ:EXPE) opened at $120.28 on Tuesday. The stock has a market cap of $18,382.91, a P/E ratio of 30.41, a P/E/G ratio of 1.88 and a beta of 0.90. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.60. Expedia has a 1-year low of $111.88 and a 1-year high of $161.00.

Expedia (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, October 26th. The online travel company reported $2.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.61 by ($0.10). The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.98 billion. Expedia had a net margin of 4.09% and a return on equity of 10.71%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period last year, the firm posted $2.41 earnings per share. research analysts anticipate that Expedia will post 3.91 earnings per share for the current fiscal year.

EXPE has been the topic of several research reports. Zacks Investment Research lowered shares of Expedia from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. Morgan Stanley reaffirmed an “equal weight” rating and set a $170.00 price target (up from $135.00) on shares of Expedia in a report on Tuesday, July 18th. Oppenheimer Holdings, Inc. lifted their price target on shares of Expedia from $150.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, July 19th. Credit Suisse Group reaffirmed an “outperform” rating and set a $162.00 price target (up from $151.00) on shares of Expedia in a report on Tuesday, July 25th. They noted that the move was a valuation call. Finally, BidaskClub lowered shares of Expedia from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Nine investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $159.61.

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In other news, EVP Mark D. Okerstrom sold 12,500 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $150.41, for a total value of $1,880,125.00. Following the completion of the sale, the executive vice president now owns 71,248 shares in the company, valued at approximately $10,716,411.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 72,383 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $123.04, for a total transaction of $8,906,004.32. Following the completion of the sale, the director now owns 494,731 shares of the company’s stock, valued at approximately $60,871,702.24. The disclosure for this sale can be found here. Insiders have sold a total of 204,458 shares of company stock valued at $25,573,970 in the last 90 days. 20.88% of the stock is currently owned by company insiders.

Expedia Company Profile

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Dividend History for Expedia (NASDAQ:EXPE)

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