Marriott Vacations Worldwide Corporation (NYSE:VAC) Stock Has Average Price Target of $107.83 According to Brokerages

Marriott Vacations Worldwide Corporation (NYSE:VAC) has earned a consensus rating of “Moderate Buy” from the fourteen analysts that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $108.17.

A number of brokerages have issued reports on VAC. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $134.00 target price on shares of Marriott Vacations Worldwide in a report on Wednesday, August 12th. JPMorgan Chase & Co. started coverage on Marriott Vacations Worldwide in a research note on Thursday, October 8th. They set an “overweight” rating and a $125.00 price target on the stock. Morgan Stanley restated an “underweight” rating and set a $65.00 price target on shares of Marriott Vacations Worldwide in a report on Tuesday, August 18th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $132.00 price objective on shares of Marriott Vacations Worldwide in a research note on Friday, August 7th. Finally, Truist Financial upped their price objective on Marriott Vacations Worldwide from $97.00 to $134.00 and gave the company a “buy” rating in a research note on Thursday, September 10th.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock opened at $109.98 on Thursday. Marriott Vacations Worldwide has a fifty-two week low of $44.58 and a fifty-two week high of $131.34. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99. The firm has a market capitalization of $3.78 billion, a P/E ratio of -11.29, a P/E/G ratio of 2.45 and a beta of 1.30. The company’s 50 day moving average price is $107.00 and its two-hundred day moving average price is $93.92.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Thursday, August 6th. The company reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the firm posted $1.96 earnings per share. The company’s revenue was up 5.9% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, equities analysts forecast that Marriott Vacations Worldwide will post 8.77 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were given a dividend of $0.80 per share. The ex-dividend date was Wednesday, September 16th. This represents a $3.20 annualized dividend and a yield of 2.9%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -32.85%.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, Director Christian Asmar sold 750,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the sale, the director directly owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. The trade was a 18.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kathleen A. Pighini sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $120.00, for a total transaction of $300,000.00. Following the completion of the transaction, the insider owned 10,821 shares of the company’s stock, valued at approximately $1,298,520. This trade represents a 18.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 13.30% of the company’s stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of hedge funds have recently modified their holdings of the business. CWA Asset Management Group LLC bought a new position in shares of Marriott Vacations Worldwide during the third quarter worth about $978,000. USA Financial Formulas acquired a new position in shares of Marriott Vacations Worldwide in the third quarter worth approximately $50,000. Pension & Wealth Management Advisors Inc. bought a new stake in Marriott Vacations Worldwide in the third quarter valued at approximately $77,000. GAMMA Investing LLC boosted its holdings in Marriott Vacations Worldwide by 11.4% in the third quarter. GAMMA Investing LLC now owns 2,239 shares of the company’s stock valued at $229,000 after acquiring an additional 229 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Marriott Vacations Worldwide by 90.9% in the third quarter. Farther Finance Advisors LLC now owns 1,113 shares of the company’s stock valued at $114,000 after acquiring an additional 530 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation (NYSE:VAC) is a global vacation ownership and leisure travel company. It develops, markets, sells, and manages vacation ownership interests, which provide customers with access to accommodations and resort experiences through points-based and deeded ownership programs. The company also operates related vacation exchange, rental, resort management, and travel businesses.

Its portfolio includes vacation ownership and related offerings under brands such as Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott, and Aqua-Aston.