Marriott Vacations Worldwide (NYSE:VAC) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Marriott Vacations Worldwide (NYSE:VACFree Report) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Mizuho upgraded Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $58.00 to $104.00 in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $92.00 target price on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. Morgan Stanley lowered their price target on Marriott Vacations Worldwide from $52.00 to $50.00 and set an “underweight” rating on the stock in a research report on Friday, April 10th. Jefferies Financial Group upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and increased their price objective for the stock from $52.00 to $105.00 in a research note on Monday, March 2nd. Finally, Weiss Ratings cut Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $76.90.

Check Out Our Latest Stock Report on VAC

Marriott Vacations Worldwide Price Performance

NYSE:VAC opened at $73.78 on Monday. 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 company has a 50-day moving average of $68.47 and a 200-day moving average of $61.54. Marriott Vacations Worldwide has a 52 week low of $44.58 and a 52 week high of $86.33. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of -7.96, a PEG ratio of 1.69 and a beta of 1.20.

Marriott Vacations Worldwide (NYSE:VACGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $1.66 EPS. The business’s revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, equities research analysts anticipate that Marriott Vacations Worldwide will post 7.21 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio is -34.52%.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, insider Michael Flaskey purchased 14,862 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the acquisition, the insider directly owned 14,862 shares in the company, valued at approximately $999,618.12. This trade represents a ? increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 13.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Illinois Municipal Retirement Fund acquired a new stake in shares of Marriott Vacations Worldwide in the 1st quarter valued at $868,000. Calamos Wealth Management LLC bought a new position in Marriott Vacations Worldwide in the first quarter valued at about $266,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Marriott Vacations Worldwide in the first quarter valued at about $219,000. Principal Financial Group Inc. increased its position in Marriott Vacations Worldwide by 2.0% in the first quarter. Principal Financial Group Inc. now owns 134,602 shares of the company’s stock worth $8,765,000 after purchasing an additional 2,620 shares during the period. Finally, International Assets Investment Management LLC increased its position in Marriott Vacations Worldwide by 877.2% in the first quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after purchasing an additional 500 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide News Summary

Here are the key news stories impacting Marriott Vacations Worldwide this week:

About Marriott Vacations Worldwide

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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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Analyst Recommendations for Marriott Vacations Worldwide (NYSE:VAC)

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