EXPE - Expedia Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
130.77
-0.12 (-0.09%)
At close: 4:00PM EDT

130.77 0.00 (0.00%)
After hours: 4:36PM EDT

Stock chart is not supported by your current browser
Previous Close130.89
Open131.06
Bid130.72 x 800
Ask130.72 x 800
Day's Range129.20 - 131.65
52 Week Range108.11 - 144.00
Volume842,628
Avg. Volume1,635,690
Market Cap19.158B
Beta (3Y Monthly)0.94
PE Ratio (TTM)32.20
EPS (TTM)4.06
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield1.36 (1.04%)
Ex-Dividend Date2019-08-21
1y Target Est155.11
Trade prices are not sourced from all markets
  • Airbnb Beat Expedia in Booked Room Nights
    Skift

    Airbnb Beat Expedia in Booked Room Nights

    It's time to retire the notion of an Expedia-Booking Holdings online travel duopoly in the United States, or even a triumvirate, including Ctrip, globally. Airbnb's first quarter financial results, which the Wall Street Journal recently reported, show that with $9.4 billion in gross bookings, there is clearly now a quartet of online travel leaders. (For […]The post Airbnb Beat Expedia in Booked Room Nights appeared first on Skift.

  • Seattle LLC buys redevelopment property next to Expedia's new HQ
    American City Business Journals

    Seattle LLC buys redevelopment property next to Expedia's new HQ

    The property along busy Elliott Avenue West is next to the pedestrian bridge to the online travel company's campus where 4,500 people will work.

  • What IAC's past spinoffs can tell us about the future of Denver's Angi Homeservices
    American City Business Journals

    What IAC's past spinoffs can tell us about the future of Denver's Angi Homeservices

    The company has a history of spinning off large companies that stay successful after they separate from their parent. It also has a long-standing Denver connection.

  • American City Business Journals

    These 15 companies occupy the most office space in Austin

    Forty-six large companies account for 22% of the office space in Austin. This means that Austin’s fate is more vulnerable to the national economy than ever before, and to the whims of tech behemoths such as Google, Apple, Dell Technologies and IBM.

  • IAC Mulls Giving Up Control of Match to Streamline Company
    Bloomberg

    IAC Mulls Giving Up Control of Match to Streamline Company

    (Bloomberg) -- IAC/InterActive Corp. is considering giving up control of its top two money-makers: Match Group Inc. and ANGI Homeservices Inc. in an effort to streamline its sprawling operations. The stock jumped on the news.In a letter to shareholders Wednesday, IAC Chief Executive Officer Joey Levin said the company is “considering spinning our two large publicly traded subsidiaries,” adding that IAC may ultimately decide to do nothing. “We sincerely haven’t decided yet what’s best.”At the end of March, IAC owned 98% of the voting interest in ANGI and 97.5% in Match, according to company filings. The two companies have dominated IAC’s portfolio for years. IAC also reported second-quarter earnings Wednesday, with Match accounting for 41% of the total $1.19 billion in revenue, and ANGI accounting for 29%. IAC reported earnings per share of $1.19, beating the average analyst estimate for 96 cents.IAC is a media and internet company that owns more than 150 brands and products, including Match, ANGI, the video-sharing platform Vimeo and news website The Daily Beast. The company is owned by billionaire media mogul Barry Diller, who has been involved in the recent discussions about potentially letting go of its two star performers, Levin said in an interview.“We have done this a lot of times throughout history," Levin said. “We are not empire builders." When IAC’s businesses are big enough and strong enough to stand on their own, “that’s when we consider a spin off," he said.Match’s shares have gained more than seven-fold since its initial public offering in 2015. On Wednesday, its shares rallied the most ever after reporting surprisingly positive second-quarter earnings, with huge subscriber growth in the online dating app Tinder. The strength of Match’s financial results caused IAC shares to gain 11% Wednesday. They spiked 6.5% in extended trading after IAC’s earnings results and news that the company is considering spinning off Match and ANGI.IAC bought consumer-recommendation website Angie’s List in 2017 and combined it with its HomeAdvisor online-review business to create a new publicly traded company, ANGI Homeservices.IAC previously spun off the online travel giant Expedia into its own entity in 2004. Four years later, it shed HSN TV, Ticketmaster, Interval International and LendingTree.“We have been restructuring this company for 20 years," Diller said in an interview on Bloomberg TV in 2016. The reason “is not for external purposes or for how you show it to the world, it’s for how you function internally and how you manage," he said. “Continuing to streamline makes sense."To contact the reporters on this story: Olivia Carville in New York at ocarville1@bloomberg.net;Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Travel and Hospitality Stocks Could Offer Profitable Short Sales
    Investopedia

    Travel and Hospitality Stocks Could Offer Profitable Short Sales

    TripAdvisor and Yelp earnings this week could add to an developing sell-off in the travel and hospitality sectors.

  • /C O R R E C T I O N -- Expedia.com/
    PR Newswire

    /C O R R E C T I O N -- Expedia.com/

    In the news release, Let's Go! Expedia Celebrates the Dog Days of Summer with Big Travel Savings August 12 - 18 , issued 06-Aug-2019 by Expedia.com over PR Newswire, we are advised by the company that ...

  • Booking Holdings Makes Good on Resort-Fee Commission Charges
    Skift

    Booking Holdings Makes Good on Resort-Fee Commission Charges

    That on-again, off-again Booking Holdings introduction of charging hotels commissions on their resort fees or other extra charges quietly is under way — mostly outside the United States. Booking Holdings spokesperson Leslie Cafferty confirmed Monday that the company began charging hotels commissions on mandatory extra/hidden fees — those excluded from the room rate — including […]The post Booking Holdings Makes Good on Resort-Fee Commission Charges appeared first on Skift.

  • American City Business Journals

    Need to know: The Eastside's future, urban air rides and recommendations for books and wine

    Business Journal Managing Editor Rob Johnson recaps the week in Seattle business news, including the Capital One hack, on-demand flights around the city and much more. Catch up on all the Seattle-area business news you may have missed.

  • Outgoing Expedia exec named GoDaddy CEO, plans to stay in Kirkland
    American City Business Journals

    Outgoing Expedia exec named GoDaddy CEO, plans to stay in Kirkland

    Expedia Group last week confirmed Aman Bhutani planned to leave the company. Now, he has a new role as CEO of web hosting company GoDaddy.

  • Amazon has accelerated growth on the Eastside in the wake of Expedia's looming departure
    American City Business Journals

    Amazon has accelerated growth on the Eastside in the wake of Expedia's looming departure

    Amazon, REI, Facebook, T-Mobile, Microsoft and Google are further establishing themselves on the Eastside, driving more development across the region. Bellevue is a far cry from the city Expedia Group set plans to leave four years ago.

  • Thomson Reuters StreetEvents

    Edited Transcript of EXPE earnings conference call or presentation 25-Jul-19 8:30pm GMT

    Q2 2019 Expedia Group Inc Earnings Call

  • Expedia CEO Admits Tours Business Is Underfunded
    Skift

    Expedia CEO Admits Tours Business Is Underfunded

    Expedia Group has operated concierge desks in popular tourism destinations such as Hawaii and Orlando, and has sold tours and activities for around 15 years, but the company hasn't prioritized the sector, and is far behind industry leader TripAdvisor. In a fairly candid assessment during Expedia's recent second quarter earnings call, CEO Mark Okerstrom conceded […]The post Expedia CEO Admits Tours Business Is Underfunded appeared first on Skift.

  • Could "Mobilemoons" be the newest trend in travel? One-Third of Americans Would Choose a Solo Trip with Only Their Phone Instead of Taking a Travel Companion
    PR Newswire

    Could "Mobilemoons" be the newest trend in travel? One-Third of Americans Would Choose a Solo Trip with Only Their Phone Instead of Taking a Travel Companion

    BELLEVUE, Wash., July 31, 2019 /PRNewswire/ -- Traveling alone is certainly a one-of-a-kind experience, and it is one of the fastest growing travel categories. Data from Expedia's first Solo Travel Report reveals 60% of travelers plan to take a solo trip within the next two years, proving people want more flexibility, convenience, and autonomy from their vacations. Travel expert and frequent solo traveler Courtney Scott comments on the new trend: "Having traveled to over a dozen countries alone I can attest that solo travel gives you the ultimate freedom.

  • Expedia Group (EXPE) Q2 Earnings & Revenues Beat Estimates
    Zacks

    Expedia Group (EXPE) Q2 Earnings & Revenues Beat Estimates

    Expedia Group's (EXPE) second-quarter results benefit from robust performance of Vrbo, Brand Expedia and Expedia Partner Solutions.

  • Moody's

    Expedia Group, Inc. -- Moody's upgrades Expedia to Baa3; outlook positive

    Moody's Investors Service ("Moody's") upgraded the senior unsecured debt ratings of Expedia Group, Inc. ("Expedia Group") to Baa3 from Ba1 and changed the outlook to positive following today's closing of the Liberty Expedia Holdings, Inc. ("Liberty Expedia") acquisition. Moody's has also withdrawn the Ba1 Corporate Family Rating, Ba1-PD Probability of Default Rating and SGL-1 speculative grade liquidity rating.

  • Expedia President Aman Bhutani Is Leaving Amid Exec Reshuffle
    Skift

    Expedia President Aman Bhutani Is Leaving Amid Exec Reshuffle

    Longtime Expedia senior executive Aman Bhutani is leaving the company after nine years to pursue another opportunity, according to reports, amid changes in company executive ranks and change in reporting responsibilities. As President of Brand Expedia Group, Bhutani ran all global business operations of the Brand Expedia Group including the Expedia brand globally and regional […]The post Expedia President Aman Bhutani Is Leaving Amid Exec Reshuffle appeared first on Skift.

  • Expedia President Aman Bhutani to leave the company
    American City Business Journals

    Expedia President Aman Bhutani to leave the company

    President of Brand Expedia Group Aman Bhutani will leave the company to pursue another opportunity, a spokesperson confirmed Friday. “It is hard to capture in words the incredible impact Aman has had here over the years — as a technology leader, as the leader of Brand Expedia Group and as a thought leader across Expedia Group," Expedia Group CEO Mark Okerstrom said. "We are so grateful for Aman’s contribution to Expedia Group and wish him well in his new endeavor." Expedia did not say where Bhutani — who became president in summer 2015 and has worked at Expedia for nine years — is going, whether the company will replace him or when he will leave the company.

  • PR Newswire

    Expedia Group Acquires Liberty Expedia Holdings

    BELLEVUE, Wash. and ENGLEWOOD, Colo., July 26, 2019 /PRNewswire/ -- Expedia Group, Inc. (EXPE) ("Expedia Group") and Liberty Expedia Holdings, Inc. (NASDAQ: LEXEA, LEXEB) ("Liberty Expedia") today announced that Expedia Group closed its acquisition of Liberty Expedia in an all-stock transaction. In connection with the transaction, Barry Diller, Chairman and Senior Executive of Expedia Group, and his family foundation, exchanged shares of common stock of Expedia Group for shares of Expedia Group Class B common stock held by Liberty Expedia.

  • Expedia (EXPE) Q2 2019 Earnings Call Transcript
    Motley Fool

    Expedia (EXPE) Q2 2019 Earnings Call Transcript

    EXPE earnings call for the period ending June 30, 2019.

  • Indonesia Finds Unicorns Breed Best Without Help
    Bloomberg

    Indonesia Finds Unicorns Breed Best Without Help

    (Bloomberg Opinion) -- What does the communications minister of a vast, multi-ethnic and multi-religious nation do at work? Rudiantara kills fake news. Just ahead of the presidential election verdict in May, the Indonesian minister, who uses one name, had to deal with as many as 600 social-media hoaxes in a day. The usual average is about 100, he tells me. But if the internet’s potential to act as a hate machine  poses considerable risks to a democracy barely 20 years old that’s grappling with rising Islamist assertiveness, the rewards it offers the world’s fourth-most populous nation are also enormous. And that’s Rudiantara’s other day job: helping breed unicorns. Don’t be surprised if over the next five years, more young firms valued at $1 billion or more are spawned in Indonesia than anywhere else in Asia outside China and India. Jakarta will have succeeded by letting the private sector lead the way, rather than build a protective moat around its digital champions, like China, or creating a bureaucracy to unsuccessfully pick winners, as Malaysia has done for decades of mediocre results. Indonesia already has four unicorns, with ambitions embodied by homegrown ride-hailing giant Gojek’s plans for a “super app” for Southeast Asia, just like China’s Alipay and WeChat Pay.  In May, Masayoshi Son’s SoftBank Group Corp. teamed up with other investors in a $200 million fund aimed at discovering other promising startups. Son’s optimism is a telling indicator. That’s because, in many ways, the digital age dawned on Indonesia with the takeoff of PT Tokopedia, its No. 1 e-commerce site, which in 2014 secured a then-record  $100 million funding from the likes of SoftBank and Sequoia Capital. Since Tokopedia’s smaller rival PT Bukalapak.com made the cut in late 2017, everyone’s waiting for the emergence of the fifth member of the $1-billion-plus valuation club, which also includes Expedia Group Inc.-backed Traveloka, a travel aggregator. Indonesia’s size is part of its promise. The 267 million population is 47 times that of wealthier Singapore. That helps tilt the upside in Indonesia’s favor even though an average person in the city-state carries out 23 times more digital transactions in a year. Yet the country is fragmented and sprawls across 17,000 islands that are difficult to administer. Jakarta has a penchant for regulation but lacks the wealth for state investment beyond the basics.  When Indonesia got started on its digital journey in earnest after President Joko Widodo was first elected in 2014, the iPhone was already seven years old. Contrast this with the state-directed model of Malaysia, Indonesia’s much smaller and richer neighbor. Under the drive of then-Prime Minister Mahathir Mohamad, now in his second stint in power, Kuala Lumpur started planning a multimedia super-corridor just around the time Microsoft Corp. began shipping Internet Explorer 1.0. Even today, 80% of venture-capital funds come from the government, with three ministries and multiple agencies making more of a hash than world-beaters. Indonesia’s financing was private from the start. It was the success that Northstar Advisors Pte’s Patrick Walujo had with his early backing of Gojek that is helping create a homegrown venture-capital industry.In hindsight, it was a blessing in disguise that Indonesia took an unplanned, serendipitous course similar to India’s. Still, some planning is now needed. India, Vietnam, Mongolia and the Philippines are doing better at innovation than typically expected from lower-middle-income economies. Indonesia is not in that overachievers’ club, according to the Global Innovation Index report released this week. Part of the problem is the education system, which has long resisted reform. Even here, technology could help. A high-speed internet satellite in 2022 will bring the web to all of Indonesia’s 324,000 schools, Rudiantara says. A more skilled workforce could lessen reliance on what has historically been the main economic driver, commodity wealth, and create economic growth and opportunities for startups.If the country expands its stable of four unicorns,  it won’t be entirely due to the private sector. Not long ago, networks were patchy and access was concentrated in Java, the most-populous island. Now, Telkomsel Indonesia, the dominant state-run player, offers download speeds of 11 megabits per second even in remote West Papua and Maluku, far better than in the capital, according to Opensignal. Thanks to the spread of mobile internet, about 65% of Indonesians are now online.  Violence briefly erupted around the May election decision and Rudiantara had to disable certain social-media features temporarily to contain it. There was little disruption, on the streets or the internet, in the weeks that followed, however, as losing candidate Prabowo Subianto’s challenge was adjudicated. With the fake news menace contained and two decades of democracy bolstered, it’s time now for Indonesia to harness the internet to breed unicorns, not hate.  To contact the author of this story: Andy Mukherjee at amukherjee@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Expedia (EXPE) Beats Q2 Earnings and Revenue Estimates
    Zacks

    Expedia (EXPE) Beats Q2 Earnings and Revenue Estimates

    Expedia (EXPE) delivered earnings and revenue surprises of 4.12% and 0.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Expedia Beats Estimates With Growth in Vacation Rentals Gaining
    Bloomberg

    Expedia Beats Estimates With Growth in Vacation Rentals Gaining

    (Bloomberg) -- Expedia Group Inc.’s vacation rental business reported an uptick in revenue growth after the unit was rebranded, reversing two quarters of declines and signaling renewed momentum in the travel giant’s fastest-growing category.Bellevue, Washington-based Expedia’s short-term rental unit reported revenue growth of 17% in the three months ended June 30. That’s more than the 14% in the previous period when it switched the division name to Vrbo, a moniker more familiar to Americans than the previous HomeAway label, which is more well-known in Europe. Total revenue grew to $3.15 billion, exceeding Wall Street’s forecast of $3.12 billion for the quarter.Expedia has been plowing resources into Vrbo in a bid to challenge rivals Airbnb Inc. and Booking Holdings Inc. in the booming market for alternative accommodation. While Vrbo dominates the market in the U.S. for purely vacation-rental accommodations, Airbnb and Booking capture a much larger share of the broader global $34 billion alternative accommodation market, which also includes non-traditional hotels and home sharing.Vrbo only pulls in just over 10% of Expedia’s overall revenue, but analysts and investors focus on the division because it represents the company’s best bet for growth.“The reason we think alternative accommodation is so important is because it’s one of the fastest growing parts of the wider online travel sector,” Needham & Co. Inc. analyst Brad Erickson said in an interview before the results were published Thursday. “The stock’s multiple will be disproportionally tied to how they are doing in that category.”Expedia shares fluctuated in extended trading, and were up 3.56%. They have recovered from a steep slide after the first-quarter earnings and closed at $138.21 in New York Thursday, their highest this year.Gross bookings for the travel giant climbed 9% in the second quarter, the company reported. Adjusted earnings before interest, tax, depreciation and amortization came in at $568 million, beating average analyst estimates of $539 million. Earnings per share rose to $1.77, excluding some items. The average analyst estimate was for $1.63.The deceleration in vacation-rental revenue growth over the previous two quarters stemmed in part from the streamlining of Expedia’s home-rental brands and services, which have pushed its websites down in Google search results, Expedia’s Chief Executive Officer Mark Okerstrom said last quarter. He estimated growth in Vrbo would remain tepid until the company has time to rebuild the brand and drive consumers to its new sites.To contact the reporter on this story: Olivia Carville in New York at ocarville1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Expedia shares rise after earnings, sales
    MarketWatch

    Expedia shares rise after earnings, sales

    Expedia Group Inc. shares were flat after briefly rising roughly 4% in the extended session Thursday after the online travel agency beat consensus earnings but missed sales estimates.

  • Expedia Group Q2 2019 Earnings Release Available on Company's IR Site
    PR Newswire

    Expedia Group Q2 2019 Earnings Release Available on Company's IR Site

    BELLEVUE, Wash. , July 25, 2019 /PRNewswire/ -- Expedia Group, Inc. (NASDAQ: EXPE) posted its second quarter 2019 earnings release in the Investor Relations section of its corporate website at http://ir.expediagroup.com ...