Shares of Marriott Vacations Worldwide Co. (NYSE:VAC – Get Free Report) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $129.00.
Several equities research analysts have recently issued reports on VAC shares. Bank of America lowered shares of Marriott Vacations Worldwide from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $125.00 to $65.00 in a report on Friday, November 17th. Jefferies Financial Group raised their target price on shares of Marriott Vacations Worldwide from $90.00 to $92.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Truist Financial lowered their target price on shares of Marriott Vacations Worldwide from $187.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. StockNews.com cut shares of Marriott Vacations Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. Finally, Barclays cut shares of Marriott Vacations Worldwide from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $103.00 to $90.00 in a research report on Friday, December 15th.
Institutional Investors Weigh In On Marriott Vacations Worldwide
Marriott Vacations Worldwide Price Performance
Marriott Vacations Worldwide stock opened at $89.23 on Tuesday. The firm has a 50-day moving average price of $84.72 and a 200-day moving average price of $92.76. The firm has a market capitalization of $3.17 billion, a PE ratio of 12.06 and a beta of 1.84. The company has a current ratio of 3.28, a quick ratio of 2.72 and a debt-to-equity ratio of 2.10. Marriott Vacations Worldwide has a 12-month low of $72.78 and a 12-month high of $164.23.
Marriott Vacations Worldwide Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Thursday, December 21st were given a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend was Wednesday, December 20th. This is a boost from Marriott Vacations Worldwide’s previous quarterly dividend of $0.72. Marriott Vacations Worldwide’s dividend payout ratio is presently 41.08%.
About Marriott Vacations Worldwide
Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands.
- Five stocks we like better than Marriott Vacations Worldwide
- What is the NASDAQ Stock Exchange?
- 3 attractive stocks that insiders are buying
- How to Invest in Fertilizer
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- With Risk Tolerance, One Size Does Not Fit All
- Wendy’s vs Shake Shack: Out with the new, in with the old?
Receive News & Ratings for Marriott Vacations Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott Vacations Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.