Interval Leisure Group Inc. (NASDAQ:IILG) – Equities researchers at Oppenheimer Holdings raised their Q4 2016 earnings per share estimates for shares of Interval Leisure Group in a research note issued on Tuesday. Oppenheimer Holdings analyst I. Zaffino now forecasts that the firm will post earnings of $0.36 per share for the quarter, up from their previous forecast of $0.31. Oppenheimer Holdings has a “Outperform” rating and a $22.00 price objective on the stock.
IILG has been the subject of several other reports. Zacks Investment Research lowered shares of Interval Leisure Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday. MKM Partners set a $25.00 target price on shares of Interval Leisure Group and gave the company a “buy” rating in a report on Monday, September 12th. Finally, TheStreet upgraded shares of Interval Leisure Group from a “hold” rating to a “buy” rating in a report on Thursday, July 14th.
Interval Leisure Group (NASDAQ:IILG) traded down 0.376% during trading on Wednesday, reaching $17.225. The company had a trading volume of 430,853 shares. Interval Leisure Group has a 12-month low of $10.61 and a 12-month high of $21.98. The firm’s 50 day moving average price is $17.17 and its 200 day moving average price is $15.70. The firm has a market capitalization of $2.16 billion, a PE ratio of 4.941 and a beta of 1.30.
Interval Leisure Group (NASDAQ:IILG) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.21 by $0.15. Interval Leisure Group had a return on equity of 12.35% and a net margin of 28.78%. The business had revenue of $297 million for the quarter, compared to the consensus estimate of $345.40 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. Interval Leisure Group’s revenue for the quarter was up 70.7% on a year-over-year basis.
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 21st. Investors of record on Wednesday, September 7th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, September 2nd. Interval Leisure Group’s dividend payout ratio (DPR) is currently 17.20%.
An institutional investor recently bought a new position in Interval Leisure Group stock. Norges Bank purchased a new stake in shares of Interval Leisure Group Inc. (NASDAQ:IILG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 632,762 shares of the company’s stock, valued at approximately $9,877,000. Norges Bank owned approximately 1.10% of Interval Leisure Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 80.46% of the company’s stock.
Interval Leisure Group Company Profile
Interval Leisure Group, Inc (ILG) is a provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments. The 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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