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

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) have earned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $90.50.

Several equities research analysts recently commented on the company. Truist Financial cut their target price 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. Morgan Stanley reiterated an “underweight” rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. The Goldman Sachs Group increased their price target on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a “sell” rating in a report on Wednesday, August 6th. Finally, Stifel Nicolaus set a $101.00 price target on Marriott Vacations Worldwide and gave the stock a “buy” rating in a report on Tuesday, August 5th.

Marriott Vacations Worldwide Stock Down 2.9%

Shares of Marriott Vacations Worldwide stock opened at $77.13 on Wednesday. Marriott Vacations Worldwide has a one year low of $49.22 and a one year high of $100.32. The company has a debt-to-equity ratio of 2.17, a current ratio of 3.55 and a quick ratio of 2.90. The stock’s 50-day moving average is $77.96 and its 200 day moving average is $69.44. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.12 and a beta of 1.48.

Marriott Vacations Worldwide (NYSE:VAC) last announced its earnings results on Monday, August 4th. The company reported $1.96 EPS for the quarter, beating the consensus estimate 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 company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the company earned $1.10 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. Equities research analysts anticipate that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

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

Insider Transactions at Marriott Vacations Worldwide

In other news, Director Christian Asmar purchased 412,449 shares of the business’s stock in a transaction on Tuesday, June 17th. The shares were acquired at an average price of $67.61 per share, for a total transaction of $27,885,676.89. Following the completion of the acquisition, the director owned 3,708,433 shares in the company, valued at approximately $250,727,155.13. The trade was a 12.51% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in shares of Marriott Vacations Worldwide in the second quarter worth approximately $25,000. Hantz Financial Services Inc. raised its stake 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 purchasing an additional 339 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of Marriott Vacations Worldwide by 136.5% in the first quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the last quarter. Assetmark Inc. raised its stake 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 purchasing an additional 203 shares during the last quarter. Finally, Allworth Financial LP raised its stake 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 worth $34,000 after purchasing an additional 210 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

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.