IHG
Next earnings: Aug 11, 2026
Signal
Leaning Bullish1
Price
1
Move-0.89%Quiet session
Volume
1
Volume0.6× avgNormal activity
Technical
1
RSIRSI 61Momentum positive
PRICE
Prev Close
149.92
Open
148.04
Day Range147.95 – 149.18
147.95
149.18
52W Range109.79 – 151.64
109.79
151.64
93% of range
VOLUME & SIZE
Avg Volume
248.3K
FUNDAMENTALS
P/E Ratio
30.6x
EPS (TTM)
Div Yield
0.01%
Beta
1.15
Market-like
Performance
1D
-0.89%
5D
-0.36%
1M
+5.38%
3M
+0.24%
6M
+15.25%
YTD
+5.50%
1Y
+21.26%
Best: 1Y (+21.26%)Worst: 1D (-0.89%)
Quick Read
TrendInsufficient MA data
Momentum
BULLISH
revenue +40% YoY
Valuation
EXPENSIVE
P/E 31x vs ~20x sector
Health
MODERATE
CR 1.0 (low) · FCF $5.20/sh
Lean Bullish
Key MetricsTTM
Market Cap$22.11B
Revenue TTM$10.13B
Net Income TTM$1.39B
Free Cash Flow$1.56B
Gross Margin31.7%
Net Margin14.0%
Operating Margin31.7%
Return on Equity-23.5%
Return on Assets11.8%
Debt / Equity-1.82
Current Ratio0.97
EPS TTM$4.17
Alpha SignalsFull Analysis →
What Moves This Stock

Global RevPAR growth rates by region (Americas, Europe, Greater China, ASPAC) - particularly luxury/upscale segments where IHG has 40%+ exposure

Net room signings and pipeline conversion rates - company targets 200,000+ rooms in pipeline with 4-5% annual system size growth

China market performance - represents 15-20% of system rooms with higher growth trajectory and expanding middle class driving branded hotel demand

Fee margin expansion - ability to shift mix toward higher-margin franchise agreements versus managed contracts

Macro Sensitivity
Economic Cycle

high - Hotel demand exhibits 1.5-2.0x GDP beta as business travel, leisure spending, and corporate events are discretionary. RevPAR typically contracts 15-25% during recessions as occupancy and ADR (average daily rate) both decline. Recovery phases see outsized RevPAR growth (10-15% annually) as demand returns faster than supply additions. Luxury and upscale segments (InterContinental, Kimpton) show higher cyclicality than midscale brands (Holiday Inn Express).

Interest Rates

Moderate indirect sensitivity through franchisee financing costs - rising rates increase development costs for new hotels, potentially slowing pipeline conversion and net room growth. However, IHG's asset-light model insulates it from direct refinancing risk. Higher rates also strengthen USD, creating FX headwinds since 60%+ of revenue is generated outside the US. Valuation multiples compress as investors rotate from growth to value during rate hiking cycles.

Key Risks

Alternative accommodations disruption - Airbnb and vacation rental platforms capture 15-20% of lodging demand, particularly in leisure segments, pressuring midscale hotel pricing power and occupancy

Geopolitical fragmentation - Trade tensions, travel restrictions, or regional conflicts disrupt cross-border travel flows that drive 30%+ of international hotel demand, particularly impacting gateway cities and resort destinations

Franchise model concentration risk - Top 20 franchisees represent significant portion of system; financial distress among major partners could trigger room removals and fee revenue loss

Investor Profile

growth-at-reasonable-price (GARP) investors seeking exposure to global travel recovery and emerging market growth with defensive asset-light model. Attracts long-term holders focused on FCF generation, capital returns (3-4% dividend yield plus buybacks), and operational leverage during RevPAR expansion cycles. Cyclical growth profile appeals to investors rotating into consumer discretionary during early/mid economic expansion phases.

Watch on Earnings
Global business travel spending trends (GBTA indices) - corporate transient represents 35-40% of room nights at upscale/luxury propertiesChina domestic tourism growth and middle-class expansion - drives 60%+ of Greater China demand with 8-10% annual growth potentialUSD exchange rate movements (DXY index) - 60% of revenue in foreign currencies creates 3-5% earnings sensitivity to 10% FX movesHotel construction costs and labor availability - impacts franchisee development economics and pipeline conversion timelines
Health Radar
4 strong2 concern
62/100
Liquidity
0.97Concern
Leverage
-1.82Strong
Coverage
8.1xStrong
ROE
-23.5%Concern
ROIC
26.7%Strong
Cash
$1.1BStrong
ANALYST COVERAGE23 analysts
HOLD
+2.3%upside to target
L $145.00
Med $152.00consensus
H $157.00
Buy
1043%
Hold
1148%
Sell
29%
10 Buy (43%)11 Hold (48%)2 Sell (9%)
Full report →
Stock Health
Composite Score
3 of 5 signals bullish
8/10
Technicals
RSI RangeRSI 61 — Bullish momentum
Volume
Volume FlowAccumulation — institutional buying
Fundamentals
Last EarningsBeat estimates
Analyst ConsensusHold
~
LiquidityCurrent Ratio 0.97 — liquidity risk
Upcoming Events
EEarnings Report · Before OpenMay 18, 2026
Tomorrow
DEx-Dividend DateAug 14, 2026
In 89 days
PDividend PaymentAug 31, 2026
In 106 days
Technicals
Technical SetupBULLISH
Technicals →

Trend

UptrendGolden Cross · 50D leads 200D by 10.8%

+4.4% vs SMA 50 · +15.7% vs SMA 200

Momentum

RSI60.7
Positive momentum, not extended
MACD+2.13
Above zero — bullish momentum · expanding
Market Position
Price Levels
52W High
$151.6+2.1%
Current
$148.6
EMA 50
$143.3-3.6%
EMA 200
$129.2-13.0%
52W Low
$109.8-26.1%
52-Week RangeNear 52-week high
$109.893th %ile$151.6
Squeeze SetupVolume-based
Moderate Squeeze Setup

Accumulation pattern present — more buying days than selling over the past 20 sessions. Volume conditions support gradual price improvement.

20-Day Money Flow
Acc days:5
Dist days:2
Edge:+3 acc
Volume Context
Avg Vol (50D)219K
Recent Vol (5D)
166K-24%

Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.

Earnings & Analysts

ANALYST ESTIMATES

Consensus of 5 analysts
Analyst revisions:EPS↓ Revised DownRevenue↓ Revised Down

Analyst consensus estimates · Actuals replace estimates as reported

YearRevenue Est.Rev GthEPS Est.EPS GthRangeAnalysts
FY2025
$5.0B
$4.9B$5.0B
$5.02
±1%
High5
FY2026(current)
$5.5B
$5.5B$5.6B
+10.9%$5.71+13.8%
±6%
High5
FY2027
$5.9B
$5.8B$5.9B
+5.8%$6.47+13.3%
±8%
High5
Range confidence:Tight (high)ModerateWide (low)
Earnings HistoryIHG
Last 8Q
+0.2%avg beat
Beat 4 of 8 quartersMissed 4 Estimates rising
-5%
Q3'22
-46%
Q1'23
+59%
Q3'23
-13%
Q1'24
+6%
Q4'24
-24%
Q1'25
+24%
Q3'25
+1%
Q1'26
Beat
Miss
Estimate
Deeper color = bigger beat/miss
Analyst Activity
All ratings →
No recent activity
JefferiesHold → Buy
Dec 12
UPGRADE
Deutsche BankSell → Hold
Apr 14
UPGRADE
BernsteinOutperform → Market Perform
Jan 10
UPGRADE
Goldman SachsBuy
Sep 18
UPGRADE
BernsteinOutperform
Aug 29
UPGRADE
Financials
Dividends1.23% yield
+82.6% avg annual growth
Annual Yield1.23%
Annual Div.$1.2590
Est. Annual / Share$1.26
FrequencyAnnual
Q3'22
Q1'23
Q3'23
Q2'24
Q3'24
Q2'25
Q3'25
Q2'26

Dividend per payment — last 8 periods

INSTITUTIONAL OWNERSHIP

1
FMR LLC
6.0M
2
MORGAN STANLEY
814K
3
GOLDMAN SACHS GROUP INC
701K
4
NATIXIS ADVISORS, L.P.
497K
5
JONES FINANCIAL COMPANIES LLLP
468K
6
ROYAL BANK OF CANADA
454K
7
JPMORGAN CHASE & CO
426K
8
LAZARD ASSET MANAGEMENT LLC
415K
News & Activity

IHG News

About

InterContinental Hotels Group PLC, marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Denham, Buckinghamshire, England.

CEO
Keith Barr
Country
United Kingdom
Jean-Pierre NoelSenior Vice President of Global Reward
Lewis FaderSenior Vice President of Operations - Americas East Region & Canada
Michael TorresChief Communications Officer & Vice President of Corporate Communications - Americas Region
Peers(7 companies)
Screen sector →
SymbolPriceDay %Mkt CapP/ERev GrwMarginELO
IHG
$148.58-0.89%$22.1B35.6+540.3%1460.8%1500
$404.35-3.20%$2.1T30.5+3296.8%4510.0%1500
$132.58-6.05%$307.9B20.7-44.8%1012.0%1500
$88.38-2.58%$303.7B13.6+318.8%1510.7%1500
$148.08-1.13%$282.6B21.0+597.3%2564.4%1500
$181.58-1.83%$281.6B26.9+862.9%1745.9%1500
$183.40-0.23%$256.1B16.8+213.3%1482.4%1500
Sector avg-2.27%23.6+826.4%2040.9%1500