Hilton Worldwide Holdings Inc. (HLT)
| Market Cap | 46.70B |
| Revenue (ttm) | 10.07B |
| Net Income (ttm) | 1.32B |
| Shares Out | 256.44M |
| EPS (ttm) | 4.97 |
| PE Ratio | 36.64 |
| Forward PE | 26.48 |
| Dividend | $0.60 (0.33%) |
| Ex-Dividend Date | Nov 16, 2023 |
| Volume | 1,725,777 |
| Open | 182.34 |
| Previous Close | 181.74 |
| Day's Range | 181.32 - 183.51 |
| 52-Week Range | 124.50 - 183.51 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 164.00 (-9.93%) |
| Earnings Date | Feb 8, 2024 |
About HLT
Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand... [Read more]
Financial Performance
In 2022, HLT's revenue was $8.77 billion, an increase of 51.57% compared to the previous year's $5.79 billion. Earnings were $1.26 billion, an increase of 206.10%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for HLT stock is "Buy." The 12-month stock price forecast is $164.0, which is a decrease of -9.93% from the latest price.
News
Hilton's CFO talks success decade after IPO
A decade after its IPO, Hilton (HLT) has expanded its hospitality footprint with room count up 80%, adding nearly half a million rooms. The stock has risen 300% since its debut.
Hilton Marks a Decade of Growth Since Initial Public Offering
MCLEAN, Va.--(BUSINESS WIRE)--Hilton (NYSE: HLT) today marked a decade of fast-paced growth since its initial public offering (IPO) on the New York Stock Exchange on Dec. 11, 2013. Over the last 10 ye...
Hilton Worldwide CEO: The demand for meetings and events in big cities is off the hook
Chris Nassetta, Hilton Worldwide CEO, joins 'Squawk on the Street' to discuss the company's growth since its IPO, whether the economy's seen the bulk of the travel recovery, and if business travel is ...
Waldorf Astoria Orlando Unveils Property-Wide Transformation
Award-winning hotel debuts reimagined guestrooms and suites, lobby, signature restaurants, spa, golf course, and meetings and events spaces ORLANDO, Fla. , Dec. 5, 2023 /PRNewswire/ -- Today, the awar...
Airline and hotel stocks soar as Thanksgiving travel sets records
Millions of Americans flew somewhere for Thanksgiving. The U.S. Global Jets ETF NYSEARCA: JETS has rallied 12.53% in November after three months of declines, in line with the broader market.
Business Travel Is About to Pick Up. 4 Stocks to Catch the Comeback.
Corporate budgets should grow in 2024, a positive sign for more globally exposed airlines and hotel companies.
Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City.
Hilton Named No. 1 Best Place to Work in the World
MCLEAN, Va.--(BUSINESS WIRE)--Hilton has been named the No. 1 World's Best Workplace by Fortune magazine and Great Place to Work.
Hilton Increases Stock Repurchase Authorization
MCLEAN, Va.--(BUSINESS WIRE)--The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today authorized the repurchase of an additional $3.0 billion of common stock under the Company's exi...
Hilton Grand to buy Bluegreen Vacations in $1.5B deal
The deal comes at a time when inflation is beginning to weigh on domestic travel in the U.S, following a surge in demand as COVID-related lockdowns were lifted in the last two years.
Parks Hospitality Holdings Continues its Expansion in the United States and Acquires Boston Park Plaza
Acquisition Expands Renowned Hospitality Developer's Portfolio; Indicates Future Growth in the United States BOSTON, Oct. 31, 2023 /PRNewswire/ -- In a move signaling its U.S. market expansion strateg...
Kasa Living, Inc. Closes $70 Million Series C Funding Round Led by Citi Ventures
Managed revenue grows by over 6x since its Series B in October 2020 NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Kasa Living, Inc. , the leading tech-powered hospitality brand, today announced the close o...
Hilton, Marriott prefer smaller acquisitions
Amidst competitive dynamics, Hilton (HLT) and Marriott (MAR) — industry giants, opt for smaller acquisitions due to the strength of their business models. Relying heavily on reservation systems and lo...
Hilton beat earnings expectations and sees ‘meaningful uptick' in openings, but stock falls
Shares of Hilton Worldwide Holdings Inc. HLT, +1.21% fell 1.1% in premarket trading Wednesday, after the hotel operator reported third-quarter earnings that topped expectations but provided a downbeat...
Hilton Reports Third Quarter Results
MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its third quarter 2023 results. Highlights include: Diluted EPS was $1.44 for the th...
Texas Hilton cancels conference hosted by Palestinian rights group, citing 'escalating security concerns'
A Hilton hotel in Houston has canceled a conference scheduled for next week hosted by the US Campaign for Palestinian Rights, amid mounting violence between Israel and Hamas. The hotel cited "escalati...
Hilton Answers Call of Small and Medium Businesses to Create More Seamless, Rewarding Travel Experience
MCLEAN, Va.--(BUSINESS WIRE)--Hilton today announced two new digital innovations designed to create a more seamless travel experience for small- and medium-sized businesses. The innovations are part o...
Aperture Hotels and Satori Collective Complete Multi-Million Dollar Renovation of 114-Suite Homewood Suites by Hilton Atlanta/Perimeter Center
ATLANTA--(BUSINESS WIRE)--Aperture Hotels and Satori Collective announced the completed renovation of the 114-suite Homewood Suites by Hilton Atlanta/Perimeter Center.
Hilton Research Identifies a New Generation of Asian Travelers - The ‘GenerAsian' Traveler
TOKYO--(BUSINESS WIRE)--As Hilton releases its 2024 Trends Report, the leading global hospitality company has discovered an emerging generation of Asian travelers who are pursuing travel that will ena...
Hilton Ignites Premium Economy Category and Welcomes First Spark by Hilton Hotel
MYSTIC, Conn. & MCLEAN, Va.--(BUSINESS WIRE)--Hilton ignites the premium economy category and welcomes the first Spark by Hilton hotel.
The Year of the Great Recharge: Hilton Trends Report Reveals ‘Rest and Relaxation' to be Top Driver of Travel Decisions Across Generations in 2024
MCLEAN, Va.--(BUSINESS WIRE)--According to a recent global survey conducted by Hilton and Ipsos, travelers say they will reduce other areas of personal spending to prioritize leisure travel in 2024, w...
Hilton Announces Third Quarter 2023 Earnings Release Date
MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. (NYSE: HLT) will report third quarter 2023 financial results before the stock market opens on Wednesday, Oct. 25, 2023, followed by a confe...
Anne-Marie D'Angelo Joins Hilton as Executive Vice President and General Counsel
MCLEAN, Va.--(BUSINESS WIRE)--Hilton (NYSE:HLT) has named Anne-Marie D'Angelo as executive vice president and general counsel, effective Sept. 15, 2023. She most recently served as chief legal and gov...
Tar Heel Triumph! MCR Acquires the Canopy by Hilton Charlotte Southpark
NEW YORK--(BUSINESS WIRE)--MCR — the country's 3rd-largest hotel owner-operator — has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North ...
Hilton partners with Tesla to install 20K chargers across network
Hilton (HLT) announced a partnership with Tesla (TSLA) to install over 20,000 chargers at select Hilton hotels. Yahoo Finance's Josh Schafer, Brooke DiPalma, and Alexandra Canal break down the latest ...