Profile
Sector:
Consumer CyclicalIndustry:
Resorts & CasinosCountry:
United StatesIPO:
04 January 2017Website:
http://www.hgv.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 4 min agoDividend
Analysts recommendations
Institutional Ownership
HGV Latest News
Beyond analysts' top -and-bottom-line estimates for Hilton Grand Vacations (HGV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Hilton Grand Vacations (HGV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
KYOTO, Japan--(BUSINESS WIRE)--Hilton Grand Vacations Announces New Acquisition in Kyoto.
ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Successfully Issues New Term Loan A.
ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Recognized for Exceptional Culture.
Timeshares have had a bad reputation among travelers historically due to strict visitation schedules, high fees, and the difficulty of breaking contracts. However, the industry has transitioned to points-based model that offers more flexibility and value for buyers. Hilton Grand Vacations is a strong player in the industry with an attractive business model and attractive economies of scale.
Hilton Grand Vacations shares have underperformed, losing 22% in the past year, amid questionable M&A and a slowing consumer. Q2 earnings missed expectations, with interest costs offsetting M&A growth and significant margin pressure leading to reduced EBITDA guidance. Despite aggressive financial policy and margin pressure, HGV is no longer a sell as the bad news is already reflected, but evidence of business improvement is needed before buying.
Hilton Grand Vacations, Inc. (NYSE:HGV ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mark Melnyk - SVP, Investor Relations Mark Wang - CEO & Director Daniel Mathewes - President & CFO Conference Call Participants David Katz - Jefferies Patrick Scholes - Truist Brandt Montour - Barclays Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Operator Good morning, and welcome to the Hilton Grand Vacations Second Quarter 2024 Earnings Conference Call. [Operator Instructions].
Hilton Grand Vacations (HGV) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.85 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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What type of business is Hilton Grand Vacations?
Hilton Grand Vacations Inc. is a growing timeshare company that develops, sells, and manages resorts for leisure in top entertainment and urban destinations. The company's headquarters are located in Orlando, Florida, USA. Until 2019, it was a wholly-owned subsidiary of Hilton Inc. (formerly Hilton Worldwide). As of December 31, 2019, it was spun off into a separate public company. The company's main business is the development, sale, and management of a system of branded club-type hotels through timeshares. The company also sells international real estate, as well as American real estate in Europe and the Asia-Pacific region, primarily in Japan and South Korea. Hilton Grand Vacations Inc. operates two innovative club membership programs: Hilton Grand Vacations Club® and The Hilton Club®.
What sector is Hilton Grand Vacations in?
Hilton Grand Vacations is in the Consumer Cyclical sector
What industry is Hilton Grand Vacations in?
Hilton Grand Vacations is in the Resorts & Casinos industry
What country is Hilton Grand Vacations from?
Hilton Grand Vacations is headquartered in United States
When did Hilton Grand Vacations go public?
Hilton Grand Vacations initial public offering (IPO) was on 04 January 2017
What is Hilton Grand Vacations website?
https://www.hgv.com
Is Hilton Grand Vacations in the S&P 500?
No, Hilton Grand Vacations is not included in the S&P 500 index
Is Hilton Grand Vacations in the NASDAQ 100?
No, Hilton Grand Vacations is not included in the NASDAQ 100 index
Is Hilton Grand Vacations in the Dow Jones?
No, Hilton Grand Vacations is not included in the Dow Jones index
When was Hilton Grand Vacations the previous earnings report?
No data
When does Hilton Grand Vacations earnings report?
The next expected earnings date for Hilton Grand Vacations is 07 November 2024