Vail Resorts (MTN) to Release Quarterly Earnings on Monday

Vail Resorts (NYSE:MTN) is projected to announce its earnings results after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of $6.29 per share and revenue of $1.14 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. The business had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the firm earned ($4.60) earnings per share. On average, analysts expect Vail Resorts to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Vail Resorts Stock Up 2.1 %

Shares of MTN opened at $159.14 on Monday. The business’s 50 day moving average is $172.98 and its 200 day moving average is $176.90. The company has a market capitalization of $5.96 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 1.93 and a beta of 1.11. Vail Resorts has a 12-month low of $154.27 and a 12-month high of $235.81. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.58%. Vail Resorts’s payout ratio is 147.51%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MTN shares. JPMorgan Chase & Co. cut their price target on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft increased their target price on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, December 9th. Stifel Nicolaus boosted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Barclays increased their price objective on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research report on Tuesday, December 10th. Finally, Macquarie upped their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $204.50.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.