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Starwood Hotels & Resorts Worldwide Earnings Preview For Oct, 2013

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Starwood Hotels & Resorts Worldwide Inc. (HOT)

Background: Starwood Hotels & Resorts Worldwide Inc. operates as a hotel and leisure company worldwide. The company operates luxury and upscale full service hotels, select-service hotels, extended stay hotels, resorts, retreats, and residences under St.

Investors are looking forward to improving third-quarter earnings before the market opens on October 24, 2013 The consensus opinion is presently 63 cents a share, a progression of 5 cents (7.9%) from 58 cents during the corresponding period last year. Analysts are estimating as low as 60 cents per share, up to the most optimistic estimate of 67 cents per share.

This stock currently has an annualized dividend of $1.25, yielding 1.8%.

The majority of analysts believe Starwood Hotels & Resorts Worldwide continues to offer a buying opportunity. 21 of the 34 analysts covering the company give a buy recommendation. Some (13) are taking a more cautious approach, and rate it a hold. As of the last update I have, none of the analysts are recommending selling. Investors are grinning from ear to ear, and analysts are too. The shares have rocketed higher 20% over the last 52 weeks. Analysts are placing a price target of $72.71.

Currently, the short interest based on the float is inconsequential and not a big concern. Short interest is 2.3%.
 

 

(HOT)

(H)

(MAR)

Strong Buy

7

4

6

Moderate Buy

14

7

11

Hold

13

15

14

Avg Analyst Price Target

$72.71

$47.95

$45.77

Revenue

$6.13 billion

$4.17 billion

$12.71 billion

Est Low EPS

0.60

0.18

0.43

Est High EPS

0.67

0.29

0.47

1 Year Stock Price Change

16.92%

12.56%

9.02%

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Stock Tickers: HOT H MAR Author Disclosure: n/a
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