Bluegreen Vacations Holding Co. (NYSE:BVH) Expected to Post Earnings of $0.53 Per Share

Wall Street analysts expect Bluegreen Vacations Holding Co. (NYSE:BVHGet Rating) to report earnings per share (EPS) of $0.53 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bluegreen Vacations’ earnings, with estimates ranging from $0.41 to $0.65. Bluegreen Vacations posted earnings per share of $0.15 in the same quarter last year, which indicates a positive year-over-year growth rate of 253.3%. The company is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Bluegreen Vacations will report full year earnings of $3.37 per share for the current financial year, with EPS estimates ranging from $3.10 to $3.63. For the next fiscal year, analysts anticipate that the business will report earnings of $3.79 per share, with EPS estimates ranging from $3.60 to $3.97. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Bluegreen Vacations.

Bluegreen Vacations (NYSE:BVHGet Rating) last issued its quarterly earnings data on Thursday, March 3rd. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.03). Bluegreen Vacations had a return on equity of 19.90% and a net margin of 7.75%. The company had revenue of $203.00 million during the quarter, compared to analyst estimates of $203.90 million.

Several equities analysts have recently commented on BVH shares. Zacks Investment Research upgraded shares of Bluegreen Vacations from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Monday, March 7th. Truist Financial increased their target price on shares of Bluegreen Vacations from $44.00 to $56.00 and gave the stock a “buy” rating in a report on Tuesday, March 8th.

A number of institutional investors have recently added to or reduced their stakes in BVH. Potomac Capital Management Inc. purchased a new stake in shares of Bluegreen Vacations in the 4th quarter valued at approximately $5,265,000. Institute for Wealth Management LLC. purchased a new stake in shares of Bluegreen Vacations in the 4th quarter valued at approximately $239,000. Dorsey Wright & Associates purchased a new stake in shares of Bluegreen Vacations in the 4th quarter valued at approximately $77,000. Citigroup Inc. increased its position in shares of Bluegreen Vacations by 116.7% in the 3rd quarter. Citigroup Inc. now owns 1,933 shares of the company’s stock valued at $50,000 after purchasing an additional 1,041 shares during the last quarter. Finally, Jump Financial LLC increased its position in shares of Bluegreen Vacations by 54.4% in the 3rd quarter. Jump Financial LLC now owns 15,900 shares of the company’s stock valued at $410,000 after purchasing an additional 5,600 shares during the last quarter. Institutional investors own 36.68% of the company’s stock.

Shares of BVH stock opened at $28.04 on Friday. The firm’s 50 day moving average price is $28.87 and its 200-day moving average price is $29.68. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.20. Bluegreen Vacations has a one year low of $15.85 and a one year high of $36.10. The firm has a market cap of $601.71 million, a P/E ratio of 10.12 and a beta of 1.83.

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 16th. Shareholders of record on Monday, May 2nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, April 29th. This represents a $0.60 dividend on an annualized basis and a yield of 2.14%.

Bluegreen Vacations Company Profile (Get Rating)

Bluegreen Vacations Holding Corporation operates as a vacation ownership company. It markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. The company also provides resort management, mortgage, title, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners' associations.

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Earnings History and Estimates for Bluegreen Vacations (NYSE:BVH)

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