Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) has earned an average rating of “Hold” from the eleven ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $73.6667.
VAC has been the subject of a number of research reports. Morgan Stanley reiterated an “underweight” rating and issued a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research note on Friday, January 16th. Stifel Nicolaus upped their price target on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Weiss Ratings lowered Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, March 17th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Mizuho upgraded Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th.
Get Our Latest Analysis on Marriott Vacations Worldwide
Marriott Vacations Worldwide Stock Performance
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last issued 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. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities research analysts expect that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.
Marriott Vacations Worldwide Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.80 per share. The ex-dividend date was Wednesday, March 4th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.8%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -34.52%.
Insider Activity
In other news, insider Michael Flaskey acquired 14,862 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of $67.26 per share, for a total transaction of $999,618.12. Following the acquisition, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 14,971 shares of company stock worth $1,006,280. Company insiders own 1.60% of the company’s stock.
Institutional Investors Weigh In On Marriott Vacations Worldwide
Hedge funds have recently modified their holdings of the business. Pinnacle Bancorp Inc. purchased a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new position in Marriott Vacations Worldwide during the third quarter worth approximately $27,000. IFP Advisors Inc boosted its stake in Marriott Vacations Worldwide by 1,828.0% during the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after buying an additional 457 shares during the last quarter. Leonteq Securities AG acquired a new position in Marriott Vacations Worldwide during the fourth quarter worth $35,000. Finally, Kestra Advisory Services LLC purchased a new stake in Marriott Vacations Worldwide in the 4th quarter valued at $37,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.
About Marriott Vacations Worldwide
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.
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