As per Expedia, Inc. (NASDAQ:EXPE)’s news release on 2016-07-29, its shareholders will get cash dividend of $0.26 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-25 and 2016-09-15, respectively.
The stock will commence trading ex-dividend from 2016-08-23, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Expedia, Inc. (NASDAQ:EXPE) disbursed $0.26 in dividend compared to distribution of $0.26, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 27.2727%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Expedia, Inc. (NASDAQ:EXPE) to attain a price target of $138.866. It is an average estimate figure given by 15 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $175. The low price range is set at $99 for next year while the arithmetic mean is seen at 1.73.
Eyeing Earnings Expedia, Inc. (NASDAQ:EXPE) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $2.23 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Expedia, Inc. (NASDAQ:EXPE) earnings came at $0.4 suggesting a deviation of $-0.04. The brokerages targeted EPS of $0.44 for the quarter.
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