H World Group Limited Sponsored ADR (HTHT) to Issue Dividend of $1.30 on May 20th

H World Group Limited Sponsored ADR (NASDAQ:HTHT) declared a dividend on Wednesday, March 18th. Investors of record on Monday, May 4th will be given a dividend of 1.30 per share on Wednesday, May 20th. This represents a yield of 518.0%. The ex-dividend date is Monday, May 4th.

H World Group has increased its dividend payment by an average of 0.4%per year over the last three years. H World Group has a dividend payout ratio of 116.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect H World Group to earn $2.83 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 90.5%.

H World Group Stock Down 1.4%

HTHT opened at $50.92 on Friday. The company has a market capitalization of $15.68 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 1.08 and a beta of 0.17. The firm has a 50-day simple moving average of $52.21 and a two-hundred day simple moving average of $48.41. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. H World Group has a 52 week low of $30.41 and a 52 week high of $56.63.

H World Group (NASDAQ:HTHT) last posted its earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $932.62 million for the quarter. H World Group had a return on equity of 37.79% and a net margin of 20.05%. Analysts forecast that H World Group will post 2.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

HTHT has been the topic of several research reports. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research report on Monday, March 9th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Benchmark boosted their target price on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $54.80.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.