Hilton Worldwide Holdings Inc. (HLT) to Distribute Quarterly Dividend of $0.15 on September 30th

Hilton Worldwide Holdings Inc. (NYSE:HLTGet Free Report) announced a quarterly dividend on Monday, July 27th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.15 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st.

Hilton Worldwide has increased its dividend payment by an average of 0.3%annually over the last three years. Hilton Worldwide has a dividend payout ratio of 6.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Hilton Worldwide to earn $10.59 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 5.7%.

Hilton Worldwide Stock Performance

Shares of HLT opened at $323.26 on Wednesday. Hilton Worldwide has a 52-week low of $253.54 and a 52-week high of $358.00. The stock has a 50 day simple moving average of $334.21 and a 200 day simple moving average of $318.72. The firm has a market capitalization of $73.59 billion, a PE ratio of 49.35, a P/E/G ratio of 2.80 and a beta of 1.05.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the business earned $2.20 EPS. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. Equities research analysts predict that Hilton Worldwide will post 9.03 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HLT shares. TD Cowen upped their target price on shares of Hilton Worldwide from $350.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Truist Financial boosted their price target on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Robert W. Baird increased their target price on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday. Susquehanna upped their price objective on shares of Hilton Worldwide from $345.00 to $353.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a report on Friday. Fourteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $352.86.

Check Out Our Latest Report on HLT

About Hilton Worldwide

(Get Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

Further Reading

Dividend History for Hilton Worldwide (NYSE:HLT)

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