Berenberg Bank Has Strong Forecast for IHG FY2026 Earnings

Intercontinental Hotels Group (NYSE:IHG) – Stock analysts at Berenberg Bank lifted their FY2026 earnings estimates for Intercontinental Hotels Group in a report issued on Tuesday, May 5th. Berenberg Bank analyst J. Cummings now anticipates that the company will earn $5.88 per share for the year, up from their prior forecast of $5.77. Berenberg Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Intercontinental Hotels Group’s current full-year earnings is $5.94 per share. Berenberg Bank also issued estimates for Intercontinental Hotels Group’s FY2027 earnings at $6.72 EPS and FY2028 earnings at $7.74 EPS.

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Intercontinental Hotels Group in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Intercontinental Hotels Group has a consensus rating of “Buy”.

Intercontinental Hotels Group Trading Up 1.3%

IHG opened at $150.17 on Wednesday. Intercontinental Hotels Group has a 1-year low of $109.79 and a 1-year high of $151.18. The company has a 50 day simple moving average of $138.01 and a two-hundred day simple moving average of $136.95.

Institutional Investors Weigh In On Intercontinental Hotels Group

Hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. raised its stake in Intercontinental Hotels Group by 178.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 181 shares of the company’s stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Intercontinental Hotels Group by 1,453.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 202 shares of the company’s stock valued at $28,000 after purchasing an additional 189 shares in the last quarter. Fifth Third Bancorp raised its stake in Intercontinental Hotels Group by 111.0% during the fourth quarter. Fifth Third Bancorp now owns 211 shares of the company’s stock valued at $30,000 after purchasing an additional 111 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in Intercontinental Hotels Group by 72.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 217 shares of the company’s stock valued at $30,000 after purchasing an additional 91 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in Intercontinental Hotels Group by 525.6% during the fourth quarter. Global Retirement Partners LLC now owns 269 shares of the company’s stock valued at $38,000 after purchasing an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 15.09% of the company’s stock.

Intercontinental Hotels Group Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 14th. Investors of record on Friday, April 10th will be given a dividend of $1.259 per share. The ex-dividend date is Friday, April 10th. This represents a dividend yield of 178.0%.

About Intercontinental Hotels Group

Intercontinental Hotels Group plc (IHG) is a multinational hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. The company operates across full-service luxury and upscale segments as well as midscale and extended-stay categories, providing lodging, food and beverage, meeting and event services, and related guest amenities. IHG’s business model emphasizes brand franchising and management agreements, while retaining ownership or direct investments in a smaller portion of its global property portfolio.

IHG’s brand portfolio spans global and regional names designed to serve different traveler needs and market segments.