Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives Consensus Rating of “Hold” from Analysts

Marriott Vacations Worldwide Corporation (NYSE:VAC) has received a consensus rating of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $90.50.

Several equities analysts have weighed in on VAC shares. The Goldman Sachs Group raised their price objective on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Truist Financial dropped their price objective on Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Thursday, August 21st. Stifel Nicolaus set a $101.00 price objective on Marriott Vacations Worldwide and gave the company a “buy” rating in a research note on Tuesday, August 5th. Finally, Morgan Stanley restated an “underweight” rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th.

Marriott Vacations Worldwide Price Performance

Shares of NYSE:VAC opened at $78.19 on Wednesday. The company has a current ratio of 3.55, a quick ratio of 2.90 and a debt-to-equity ratio of 2.17. The stock’s fifty day simple moving average is $78.09 and its two-hundred day simple moving average is $69.66. Marriott Vacations Worldwide has a 1-year low of $49.22 and a 1-year high of $100.32. The stock has a market cap of $2.71 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 1.14 and a beta of 1.48.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.24. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%.The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the business earned $1.10 EPS. The business’s revenue was up 9.3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. As a group, analysts forecast that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, September 17th. Marriott Vacations Worldwide’s payout ratio is presently 47.52%.

Insider Activity at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, Director Christian Asmar bought 337,551 shares of the stock in a transaction dated Wednesday, June 18th. The shares were bought at an average cost of $68.11 per share, for a total transaction of $22,990,598.61. Following the purchase, the director directly owned 4,045,984 shares of the company’s stock, valued at approximately $275,571,970.24. This trade represents a 9.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Marriott Vacations Worldwide

A number of hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC raised its stake in shares of Marriott Vacations Worldwide by 2.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 5,047 shares of the company’s stock worth $365,000 after purchasing an additional 139 shares during the period. Assetmark Inc. raised its stake in shares of Marriott Vacations Worldwide by 90.6% during the 2nd quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after purchasing an additional 203 shares during the period. Allworth Financial LP raised its stake in shares of Marriott Vacations Worldwide by 79.8% during the 2nd quarter. Allworth Financial LP now owns 473 shares of the company’s stock worth $34,000 after purchasing an additional 210 shares during the period. Fifth Third Bancorp raised its stake in shares of Marriott Vacations Worldwide by 136.5% during the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Marriott Vacations Worldwide by 7.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,827 shares of the company’s stock worth $246,000 after purchasing an additional 253 shares during the period. 89.52% of the stock is currently owned by institutional investors.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.