Hilton Grand Vacations Provides Investor Update, Announces Share Repurchase Authorization
Hilton Grand Vacations Inc. (HGV)
Last hilton grand vacations inc. earnings: 4/30 07:30 am
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Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the Company”) today announced that the Company has withdrawn its previous full-year 2020 guidance and authorized a new $200 million share repurchase program.Update on Full-Year 2020 GuidanceHGV disclosed in its Q4 2019 earnings announcement that its 2020 Adjusted EBITDA and Contract Sales Growth guidance did not include the impact of the COVID-19 outbreak. Given increased uncertainty around the impact of the coronavirus on the Company’s financial results, the Company is withdrawing its full-year 2020 guidance.“As a result of continued uncertainty surrounding the coronavirus, including recent government actions and travel restrictions, we are withdrawing our full-year 2020 guidance,” said Mark Wang, president and CEO of Hilton Grand Vacations. “The health and safety of our owners, guests and team members remains our highest priority. While the situation continues to evolve, we continue to believe in
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News
- Hilton Grand Vacations Inc. (NYSE: HGV) had its price target lowered by analysts at JMP Securities from $55.00 to $50.00. They now have a "market outperform" rating on the stock.MarketBeat
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- Three Reasons to Avoid HGV and One Stock to Buy Instead [Yahoo! Finance Canada]Yahoo! Finance Canada
- Hilton Grand Vacations Inc. (NYSE: HGV) had its "equal weight" rating re-affirmed by analysts at Barclays PLC. They now have a $41.00 price target on the stock, down previously from $44.00.MarketBeat
- Should You Think About Buying Hilton Grand Vacations Inc. (NYSE:HGV) Now? [Yahoo! Finance]Yahoo! Finance
HGV
Earnings
- 11/7/24 - Miss
HGV
Sec Filings
- 11/27/24 - Form 4
- 11/27/24 - Form SC
- 11/25/24 - Form 144
- HGV's page on the SEC website