Equities research analysts forecast that Hilton Hotels Co. (NYSE:HLT) will announce $0.69 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Hilton Hotels’ earnings. The lowest EPS estimate is $0.67 and the highest is $0.70. Hilton Hotels reported earnings per share of $0.54 during the same quarter last year, which would suggest a positive year-over-year growth rate of 27.8%. The firm is scheduled to announce its next earnings results on Wednesday, February 13th.

On average, analysts expect that Hilton Hotels will report full year earnings of $2.71 per share for the current fiscal year, with EPS estimates ranging from $2.68 to $2.72. For the next year, analysts anticipate that the company will post earnings of $3.12 per share, with EPS estimates ranging from $2.94 to $3.28. Zacks’ earnings per share averages are an average based on a survey of analysts that follow Hilton Hotels.

Hilton Hotels (NYSE:HLT) last issued its earnings results on Wednesday, October 24th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.41 billion. Hilton Hotels had a net margin of 15.51% and a return on equity of 63.76%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 EPS.

A number of equities research analysts have recently issued reports on HLT shares. Berenberg Bank upgraded shares of Hilton Hotels from a “hold” rating to a “buy” rating in a research note on Thursday, July 19th. Zacks Investment Research upgraded shares of Hilton Hotels from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Thursday, July 19th. Sanford C. Bernstein downgraded shares of Hilton Hotels from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 16th. ValuEngine downgraded shares of Hilton Hotels from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. Finally, Longbow Research started coverage on shares of Hilton Hotels in a research report on Friday, September 7th. They set a “buy” rating and a $96.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $84.99.

A number of hedge funds and other institutional investors have recently bought and sold shares of HLT. FMR LLC grew its position in Hilton Hotels by 86.0% in the 2nd quarter. FMR LLC now owns 14,625,187 shares of the company’s stock worth $1,157,730,000 after purchasing an additional 6,763,660 shares during the last quarter. BlackRock Inc. grew its position in Hilton Hotels by 36.7% in the 2nd quarter. BlackRock Inc. now owns 17,652,129 shares of the company’s stock worth $1,397,341,000 after purchasing an additional 4,740,303 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in Hilton Hotels in the 2nd quarter worth about $235,006,000. Point72 Asset Management L.P. grew its position in Hilton Hotels by 406.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 3,145,452 shares of the company’s stock worth $248,994,000 after purchasing an additional 2,524,952 shares during the last quarter. Finally, Voya Investment Management LLC grew its position in Hilton Hotels by 178.9% in the 2nd quarter. Voya Investment Management LLC now owns 3,621,685 shares of the company’s stock worth $286,692,000 after purchasing an additional 2,323,300 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.

Shares of Hilton Hotels stock traded down $0.86 during trading on Friday, reaching $71.16. The company had a trading volume of 3,249,406 shares, compared to its average volume of 4,999,481. The firm has a market cap of $21.64 billion, a PE ratio of 35.58, a price-to-earnings-growth ratio of 4.15 and a beta of 1.31. The company has a debt-to-equity ratio of 13.03, a quick ratio of 0.84 and a current ratio of 0.84. Hilton Hotels has a fifty-two week low of $63.76 and a fifty-two week high of $88.11.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, November 9th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Thursday, November 8th. Hilton Hotels’s dividend payout ratio is presently 30.00%.

Hilton Hotels Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise; and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, and Hilton Grand Vacations brands.

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Earnings History and Estimates for Hilton Hotels (NYSE:HLT)

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