JP Morgan has initiated coverage on Hyatt Hotels Corp (H) with an Overweight rating, marking the firm's first assessment of the company. The rating reflects JP Morgan's analysis of Hyatt's business dynamics, growth prospects, and industry positioning.
Hyatt Hotels Corp, headquartered in Chicago, Illinois, employs 52,000 full-time staff and operates a diverse portfolio of hotels and resorts. The company went public on November 5, 2009, and currently holds a market cap of $14.9 billion. Its P/E ratio stands at 34.47, with an EPS of 4.22 and a dividend yield of 41.0%.
Upcoming earnings are anticipated on August 5, 2026, with an estimated EPS of $1.10 and revenue of $1.9 billion. This update provides insight into Hyatt's ongoing performance as the company navigates the competitive landscape of the hotels and leisure industry.