InterContinental Hotels Group (IHG) to Release Quarterly Earnings on Tuesday

InterContinental Hotels Group (NYSE:IHG - Get Free Report) will be announcing its earnings results before the market opens on Tuesday, October 22nd.

Get IHG alerts:

InterContinental Hotels Group Stock Up 0.3 %

Shares of IHG stock traded up $0.32 during trading hours on Friday, hitting $113.75. 66,000 shares of the company's stock traded hands, compared to its average volume of 178,921. The stock's 50 day simple moving average is $104.54 and its 200 day simple moving average is $102.77. The stock has a market cap of $18.38 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 1.73 and a beta of 1.32. InterContinental Hotels Group has a 12 month low of $70.06 and a 12 month high of $114.20.

InterContinental Hotels Group Increases Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, August 30th were paid a dividend of $0.532 per share. The ex-dividend date was Friday, August 30th. This represents a dividend yield of 1.6%. This is an increase from InterContinental Hotels Group's previous Semi-Annual dividend of $0.30. InterContinental Hotels Group's dividend payout ratio (DPR) is presently 21.54%.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of InterContinental Hotels Group from a "neutral" rating to a "buy" rating in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Ad Stansberry Research

Expert issues rare "All In" buy alert on $6 gold stock

Is Gold Headed Above $3,000 per Ounce? Here's How to Play It… With so many strange events happening across the economy (the longest bear market for bonds since the Civil War... unprecedented bank closures... and soaring prices), it's no wonder the richest investors are loading up on gold. But what you might not realize is there's a much better way to profit from rising gold prices – WITHOUT ever touching an ETF, mining stock, or even bullion.

Get the full details here.

View Our Latest Analysis on IHG

About InterContinental Hotels Group

(Get Free Report)

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, Iberostar Beachfront Resorts, Holiday Inn Club Vacations, and Candlewood Suites brand names.

Earnings History for InterContinental Hotels Group (NYSE:IHG)

→ Election warning coming true… (From Porter & Company) (Ad)

Should you invest $1,000 in InterContinental Hotels Group right now?

Before you consider InterContinental Hotels Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterContinental Hotels Group wasn't on the list.

While InterContinental Hotels Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here