Marriott Vacations Worldwide (NYSE:VAC) Lowered to Market Perform Rating by Citizens Jmp

Citizens Jmp downgraded shares of Marriott Vacations Worldwide (NYSE:VAC) from an outperform rating to a market perform rating in a report published on Monday morning, MarketBeat Ratings reports.

Other research analysts have also recently issued research reports about the stock. Stifel Nicolaus boosted their price target on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. 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. Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and lifted their target price for the stock from $52.00 to $105.00 in a research note on Monday, March 2nd. Truist Financial dropped their price target on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Finally, Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 3rd. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $73.67.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock opened at $68.80 on Monday. Marriott Vacations Worldwide has a one year low of $44.58 and a one year high of $86.33. The company has a market cap of $2.36 billion, a price-to-earnings ratio of -7.42, a PEG ratio of 1.84 and a beta of 1.24. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.94 and a current ratio of 3.48. The business’s 50 day moving average price is $59.59 and its 200 day moving average price is $62.60.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data 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. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the company posted $1.86 earnings per share. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, research analysts predict that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -34.52%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VAC. Goldman Sachs Group Inc. boosted its stake in Marriott Vacations Worldwide by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after buying an additional 21,623 shares during the period. Empowered Funds LLC raised its stake in shares of Marriott Vacations Worldwide by 147.9% in the 1st quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock valued at $545,000 after acquiring an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Marriott Vacations Worldwide by 4.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock valued at $6,465,000 after acquiring an additional 4,497 shares during the period. Teacher Retirement System of Texas lifted its holdings in shares of Marriott Vacations Worldwide by 11.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,850 shares of the company’s stock worth $351,000 after acquiring an additional 510 shares during the last quarter. Finally, Assetmark Inc. boosted its position 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. Institutional investors and hedge funds 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.