Marriott Vacations Worldwide Corporation (NYSE:VAC) Given Consensus Recommendation of “Hold” by Analysts

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) have earned an average rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $90.50.

A number of research firms recently weighed in on VAC. Morgan Stanley restated an “underweight” rating on shares of Marriott Vacations Worldwide in a research note on Tuesday, July 15th. Truist Financial lowered their price objective on Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating on the stock in a research report on Thursday, August 21st. Stifel Nicolaus set a $101.00 price objective on Marriott Vacations Worldwide and gave the company a “buy” rating in a research report on Tuesday, August 5th. Finally, The Goldman Sachs Group boosted their price objective on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a “sell” rating in a research report on Wednesday, August 6th.

Marriott Vacations Worldwide Price Performance

NYSE VAC opened at $77.94 on Wednesday. The company has a market capitalization of $2.70 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 1.11 and a beta of 1.48. The company has a debt-to-equity ratio of 2.17, a quick ratio of 2.90 and a current ratio of 3.55. The business’s fifty day moving average is $77.85 and its 200 day moving average is $69.50. Marriott Vacations Worldwide has a fifty-two week low of $49.22 and a fifty-two week high of $100.32.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.24. Marriott Vacations Worldwide had a return on equity of 11.74% and a net margin of 5.10%.The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm earned $1.10 EPS. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. Sell-side analysts predict that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, September 17th. Marriott Vacations Worldwide’s payout ratio is 47.52%.

Institutional Trading of Marriott Vacations Worldwide

Several hedge funds have recently bought and sold shares of VAC. Fifth Third Bancorp lifted its stake in Marriott Vacations Worldwide by 136.5% in the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Marriott Vacations Worldwide in the second quarter worth about $25,000. Hantz Financial Services Inc. lifted its position in shares of Marriott Vacations Worldwide by 627.8% in the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock worth $28,000 after buying an additional 339 shares in the last quarter. Investment Advisory Group LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 1st quarter worth approximately $31,000. Finally, Assetmark Inc. raised its stake in Marriott Vacations Worldwide by 90.6% during the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after purchasing an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.