Hyatt Hotels (H) Raises Quarterly Dividend 4.8% to $0.22; 1.6% Yield
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Go back to Hyatt Hotels (H) Raises Quarterly Dividend 4.8% to $0.22; 1.6% Yield
May 5, 2017 7:01 AM EDT
Stifel raised its price target on Hyatt Hotels (NYSE: H) to $59.00 (from $54.00) while maintaining a Hold rating, following the company's first quarter earnings report.
Analyst Simon Yarmak notes the company delivered first quarter earnings per share and revenue results beyond the Street's... More
May 4, 2017 7:14 AM EDT
(Updated - May 4, 2017 7:42 AM EDT)
Hyatt Hotels (NYSE: H) reported Q1 EPS of $0.73, versus the consensus of $0.33.
Announces $500 Million Share Repurchase Authorization.
Mark S. Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation, said, "I am pleased with our first quarter results which reflect the strength of the Hyatt brands and demonstrate upward momentum in our business. In the quarter, Adjusted EBITDA grew approximately 18%, driven by systemwide comparable RevPAR growth of nearly 5% and the continued expansion of our portfolio, including earnings from recently opened and acquired properties."
First quarter of... More
