Marriott Vacations Worldwide Corporation (VAC) To Go Ex-Dividend on May 27th

Marriott Vacations Worldwide Corporation (NYSE:VAC) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Wednesday, May 27th will be given a dividend of 0.80 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, May 27th.

Marriott Vacations Worldwide has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 1 years. Marriott Vacations Worldwide has a payout ratio of 41.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Marriott Vacations Worldwide to earn $7.87 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 40.7%.

Marriott Vacations Worldwide Trading Down 0.0%

VAC opened at $75.18 on Monday. The stock’s fifty day moving average is $70.65 and its two-hundred day moving average is $62.07. The company has a market capitalization of $2.58 billion, a P/E ratio of -7.45, a PEG ratio of 1.72 and a beta of 1.20. Marriott Vacations Worldwide has a 52 week low of $44.58 and a 52 week high of $86.33. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing the consensus estimate of $1.67 by ($0.43). The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.37% and a negative net margin of 6.72%.The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. Analysts forecast that Marriott Vacations Worldwide will post 7.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Morgan Stanley raised their price objective on Marriott Vacations Worldwide from $50.00 to $51.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Mizuho set a $103.00 price objective on Marriott Vacations Worldwide in a report on Wednesday, May 6th. Barclays raised their price objective on Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Wells Fargo & Company lifted their price target on Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a report on Thursday, May 7th. Finally, Zacks Research upgraded Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and an average target price of $80.70.

Marriott Vacations Worldwide Company Profile

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.