$0.51 Earnings Per Share Expected for Hilton Grand Vacations Inc (HGV) This Quarter

Wall Street brokerages expect that Hilton Grand Vacations Inc (NYSE:HGV) will post earnings per share of $0.51 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Hilton Grand Vacations’ earnings. The highest EPS estimate is $0.52 and the lowest is $0.50. Hilton Grand Vacations reported earnings per share of $0.38 in the same quarter last year, which suggests a positive year over year growth rate of 34.2%. The business is expected to issue its next quarterly earnings results on Wednesday, March 7th.

On average, analysts expect that Hilton Grand Vacations will report full-year earnings of $1.96 per share for the current year, with EPS estimates ranging from $1.95 to $1.97. For the next year, analysts forecast that the company will report earnings of $2.14 per share, with EPS estimates ranging from $2.12 to $2.17. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last released its earnings results on Wednesday, November 1st. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.01. Hilton Grand Vacations had a net margin of 10.84% and a return on equity of 72.15%. The firm had revenue of $426.00 million during the quarter, compared to analyst estimates of $435.83 million. During the same period last year, the business earned $0.35 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis.

Separately, Zacks Investment Research raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Monday, November 6th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Hilton Grand Vacations currently has a consensus rating of “Buy” and a consensus target price of $38.78.

Several hedge funds and other institutional investors have recently made changes to their positions in HGV. Nisa Investment Advisors LLC grew its holdings in shares of Hilton Grand Vacations by 129.6% in the second quarter. Nisa Investment Advisors LLC now owns 6,200 shares of the company’s stock valued at $223,000 after purchasing an additional 3,500 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Hilton Grand Vacations in the 2nd quarter valued at approximately $625,000. Public Employees Retirement Association of Colorado grew its stake in shares of Hilton Grand Vacations by 1.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 11,194 shares of the company’s stock valued at $404,000 after buying an additional 199 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of Hilton Grand Vacations by 11.7% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 102,100 shares of the company’s stock valued at $3,681,000 after buying an additional 10,700 shares in the last quarter. Finally, TD Asset Management Inc. grew its stake in shares of Hilton Grand Vacations by 29.2% in the 2nd quarter. TD Asset Management Inc. now owns 27,400 shares of the company’s stock valued at $988,000 after buying an additional 6,200 shares in the last quarter. Institutional investors and hedge funds own 99.35% of the company’s stock.

Hilton Grand Vacations (HGV) opened at $42.71 on Friday. The company has a current ratio of 4.50, a quick ratio of 3.39 and a debt-to-equity ratio of 3.29. Hilton Grand Vacations has a fifty-two week low of $24.60 and a fifty-two week high of $43.19. The stock has a market cap of $4,202.36 and a price-to-earnings ratio of 23.17.

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Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.

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Earnings History and Estimates for Hilton Grand Vacations (NYSE:HGV)

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