Analysts expect ILG Inc. (NASDAQ:ILG) to report $0.30 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for ILG’s earnings, with the highest EPS estimate coming in at $0.31 and the lowest estimate coming in at $0.29. ILG posted earnings of $0.39 per share during the same quarter last year, which suggests a negative year over year growth rate of 23.1%. The firm is expected to report its next quarterly earnings results on Tuesday, November 14th.
On average, analysts expect that ILG will report full-year earnings of $1.19 per share for the current year, with EPS estimates ranging from $1.17 to $1.22. For the next financial year, analysts anticipate that the firm will report earnings of $1.30 per share, with EPS estimates ranging from $1.23 to $1.35. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover ILG.
ILG (NASDAQ:ILG) last issued its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. ILG had a net margin of 7.32% and a return on equity of 11.41%. The company had revenue of $450 million during the quarter, compared to the consensus estimate of $432.86 million. The business’s revenue for the quarter was up 51.5% compared to the same quarter last year.
ILG has been the topic of a number of recent research reports. Zacks Investment Research upgraded ILG from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Wednesday, July 5th. Imperial Capital raised their price objective on ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 30th. Seven equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of $26.67.
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ILG (NASDAQ:ILG) traded down 0.97% during mid-day trading on Friday, hitting $26.55. 241,715 shares of the stock were exchanged. The company has a market cap of $3.32 billion, a P/E ratio of 25.55 and a beta of 1.47. ILG has a one year low of $15.94 and a one year high of $28.99. The company has a 50-day moving average price of $26.73 and a 200-day moving average price of $23.87.
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Stockholders of record on Tuesday, September 5th will be paid a $0.15 dividend. The ex-dividend date is Thursday, August 31st. This represents a $0.60 annualized dividend and a dividend yield of 2.24%. ILG’s payout ratio is 57.69%.
A number of large investors have recently modified their holdings of ILG. Strs Ohio raised its stake in shares of ILG by 63.6% in the first quarter. Strs Ohio now owns 5,401 shares of the business services provider’s stock worth $113,000 after buying an additional 2,100 shares in the last quarter. Advisor Group Inc. increased its position in shares of ILG by 28.0% in the second quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,119 shares during the last quarter. Sei Investments Co. increased its position in shares of ILG by 33.2% in the first quarter. Sei Investments Co. now owns 6,822 shares of the business services provider’s stock valued at $143,000 after buying an additional 1,701 shares during the last quarter. Creative Planning increased its position in shares of ILG by 6.3% in the second quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock valued at $146,000 after buying an additional 316 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of ILG by 11.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock valued at $147,000 after buying an additional 550 shares during the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.
ILG Company Profile
ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.
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