Marriott Vacations Worldwide (NYSE:VAC) Upgraded at Mizuho

Mizuho upgraded shares of Marriott Vacations Worldwide (NYSE:VAC) from a neutral rating to an outperform rating in a research note released on Thursday morning, Marketbeat reports. They currently have $104.00 target price on the stock, up from their previous target price of $58.00.

A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Morgan Stanley reissued an “underweight” rating and issued a $52.00 price target (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Finally, Citizens Jmp cut their price target on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating for the company in a research report on Friday, November 7th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $73.67.

Marriott Vacations Worldwide Price Performance

Shares of Marriott Vacations Worldwide stock opened at $70.70 on Thursday. The firm has a market capitalization of $2.43 billion, a PE ratio of -7.63, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24. The company has a current ratio of 3.48, a quick ratio of 2.94 and a debt-to-equity ratio of 2.85. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $86.33. The business’s 50-day moving average price is $59.38 and its 200-day moving average price is $62.71.

Marriott Vacations Worldwide (NYSE:VAC) last released its earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.14. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.Marriott Vacations Worldwide’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Sell-side analysts forecast that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Marriott Vacations Worldwide’s payout ratio is presently -34.52%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Marriott Vacations Worldwide in the 2nd quarter worth $27,971,000. Senvest Management LLC boosted its holdings in shares of Marriott Vacations Worldwide by 19.4% during the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock worth $131,316,000 after purchasing an additional 294,937 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Marriott Vacations Worldwide by 71.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock worth $45,987,000 after purchasing an additional 265,278 shares during the period. Capital World Investors bought a new stake in shares of Marriott Vacations Worldwide in the third quarter worth about $226,000. Finally, Vanguard Group Inc. grew its stake in shares of Marriott Vacations Worldwide by 7.4% in the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after purchasing an additional 234,105 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.