$0.30 EPS Expected for ILG Inc (ILG) This Quarter

Analysts expect ILG Inc (NASDAQ:ILG) to announce earnings per share (EPS) of $0.30 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for ILG’s earnings. ILG posted earnings of $0.26 per share in the same quarter last year, which would suggest a positive year over year growth rate of 15.4%. The business is scheduled to issue its next quarterly earnings report on Thursday, August 2nd.

According to Zacks, analysts expect that ILG will report full year earnings of $1.33 per share for the current fiscal year, with EPS estimates ranging from $1.32 to $1.33. For the next financial year, analysts forecast that the business will post earnings of $1.65 per share, with EPS estimates ranging from $1.52 to $1.77. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover ILG.

Get ILG alerts:

ILG (NASDAQ:ILG) last issued its quarterly earnings data on Thursday, May 3rd. The business services provider reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. ILG had a net margin of 9.14% and a return on equity of 8.50%. The business had revenue of $482.00 million during the quarter, compared to analysts’ expectations of $477.33 million.

A number of equities analysts have commented on ILG shares. ValuEngine raised shares of ILG from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 2nd. Oppenheimer lifted their price objective on shares of ILG from $32.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, March 15th. Finally, BidaskClub cut shares of ILG from a “buy” rating to a “hold” rating in a research note on Friday, March 30th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. ILG has a consensus rating of “Buy” and an average price target of $34.80.

Several institutional investors have recently added to or reduced their stakes in ILG. California Public Employees Retirement System lifted its holdings in shares of ILG by 3.3% in the 4th quarter. California Public Employees Retirement System now owns 227,684 shares of the business services provider’s stock worth $6,484,000 after acquiring an additional 7,217 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of ILG by 8.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 252,394 shares of the business services provider’s stock worth $7,189,000 after acquiring an additional 18,917 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of ILG by 25.8% in the 4th quarter. Arizona State Retirement System now owns 75,890 shares of the business services provider’s stock worth $2,161,000 after acquiring an additional 15,588 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of ILG by 4.4% in the 4th quarter. UBS Asset Management Americas Inc. now owns 70,781 shares of the business services provider’s stock worth $2,016,000 after acquiring an additional 2,963 shares during the last quarter. Finally, Suntrust Banks Inc. bought a new stake in shares of ILG in the 4th quarter worth about $441,000. Hedge funds and other institutional investors own 81.36% of the company’s stock.

Shares of ILG opened at $33.78 on Wednesday, MarketBeat Ratings reports. ILG has a 52 week low of $24.38 and a 52 week high of $35.00. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 29.42 and a beta of 1.42. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.77 and a quick ratio of 1.09.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 12th. Stockholders of record on Friday, June 1st were issued a $0.175 dividend. The ex-dividend date was Thursday, May 31st. This represents a $0.70 annualized dividend and a dividend yield of 2.07%. ILG’s dividend payout ratio (DPR) is presently 63.64%.

About ILG

ILG, Inc, together with its subsidiaries, provides professional vacation services in the United States and internationally. The company operates in two segments, Vacation Ownership (VO), and Exchange and Rental. The VO segment engages in the sale, marketing, financing, and development of vacation ownership interests; and management of vacation ownership resorts, as well as in the provision of related services to owners and homeowners' associations (HOAs).

Get a free copy of the Zacks research report on ILG (ILG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com