Marriott Vacations Worldwide (NYSE:VAC) Stock Price Up 6.2% on Analyst Upgrade

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) rose 6.2% on Thursday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $104.00 price target on the stock, up from their previous price target of $58.00. Marriott Vacations Worldwide traded as high as $73.25 and last traded at $72.85. Approximately 289,600 shares traded hands during trading, a decline of 53% from the average daily volume of 621,788 shares. The stock had previously closed at $68.59.

A number of other equities analysts have also recently weighed in on the stock. Truist Financial lowered their price target on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Citizens Jmp decreased their price objective on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th. Wells Fargo & Company upped their target price on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research report on Friday, February 27th. Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their target price for the company from $52.00 to $105.00 in a report on Monday. Finally, Weiss Ratings upgraded shares of Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of “Hold” and a consensus price target of $73.67.

Institutional Trading of Marriott Vacations Worldwide

Large investors have recently modified their holdings of the business. Pinnacle Bancorp Inc. acquired a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. grew its holdings in Marriott Vacations Worldwide by 627.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after buying an additional 339 shares during the last quarter. Advisory Services Network LLC purchased a new position in Marriott Vacations Worldwide during the third quarter worth $27,000. Assetmark Inc. raised its holdings in shares of Marriott Vacations Worldwide by 90.6% in the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $31,000 after acquiring an additional 203 shares during the last quarter. Finally, Allworth Financial LP lifted its position in shares of Marriott Vacations Worldwide by 79.8% in the second quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after acquiring an additional 210 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Price Performance

The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94. The firm has a market capitalization of $2.48 billion, a PE ratio of -7.79, a P/E/G ratio of 1.59 and a beta of 1.24. The company has a 50-day moving average price of $59.13 and a 200-day moving average price of $62.83.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.14. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The firm’s revenue for the quarter was down .3% on a year-over-year basis. 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 Corporation will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.4%. Marriott Vacations Worldwide’s dividend payout ratio is presently -34.52%.

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.