Analysts Set Vail Resorts, Inc. (NYSE:MTN) Price Target at $173.73

Vail Resorts, Inc. (NYSE:MTN) has received an average rating of “Hold” from the thirteen research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $173.7273.

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $156.00 price objective on shares of Vail Resorts in a research report on Wednesday, January 14th. Jefferies Financial Group raised Vail Resorts from a “hold” rating to a “buy” rating and lifted their price target for the company from $159.00 to $165.00 in a research note on Tuesday, January 13th. Mizuho cut their price target on Vail Resorts from $216.00 to $195.00 and set an “outperform” rating on the stock in a report on Tuesday, September 30th. Truist Financial reduced their price objective on Vail Resorts from $237.00 to $234.00 and set a “buy” rating for the company in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. increased their price objective on Vail Resorts from $168.00 to $172.00 and gave the stock a “neutral” rating in a report on Thursday, December 11th.

Institutional Trading of Vail Resorts

A number of institutional investors have recently made changes to their positions in the business. Prime Capital Investment Advisors LLC bought a new position in Vail Resorts in the fourth quarter valued at $234,000. Oak Thistle LLC lifted its position in Vail Resorts by 244.9% during the 4th quarter. Oak Thistle LLC now owns 13,523 shares of the company’s stock worth $1,796,000 after buying an additional 9,602 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in shares of Vail Resorts during the 4th quarter worth about $204,000. Sendero Wealth Management LLC grew its holdings in shares of Vail Resorts by 2.6% in the 4th quarter. Sendero Wealth Management LLC now owns 4,475 shares of the company’s stock valued at $594,000 after acquiring an additional 112 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Vail Resorts by 133.2% in the 4th quarter. SG Americas Securities LLC now owns 28,017 shares of the company’s stock valued at $3,721,000 after acquiring an additional 16,004 shares in the last quarter. Institutional investors own 94.90% of the company’s stock.

Vail Resorts Price Performance

Shares of MTN opened at $141.53 on Tuesday. The stock has a 50 day simple moving average of $141.99 and a 200 day simple moving average of $149.51. Vail Resorts has a 52-week low of $129.41 and a 52-week high of $178.46. The company has a debt-to-equity ratio of 5.52, a quick ratio of 0.46 and a current ratio of 0.54. The firm has a market capitalization of $5.06 billion, a PE ratio of 20.75, a P/E/G ratio of 8.44 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last announced its earnings results on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, topping the consensus estimate of ($5.23) by $0.03. The firm had revenue of $271.03 million for the quarter, compared to the consensus estimate of $273.35 million. Vail Resorts had a net margin of 8.94% and a return on equity of 32.51%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the company posted ($4.61) EPS. Sell-side analysts predict that Vail Resorts will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Tuesday, December 30th were paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Tuesday, December 30th. Vail Resorts’s dividend payout ratio (DPR) is currently 130.21%.

About Vail Resorts

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.