Marriott Vacations Worldwide Corporation (NYSE:VAC) Declares Quarterly Dividend of $0.80

Marriott Vacations Worldwide Corporation (NYSE:VAC) announced 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) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, May 27th.

Marriott Vacations Worldwide has increased its dividend payment by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 1 years. Marriott Vacations Worldwide has a dividend payout ratio of 41.8% meaning 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 Stock Performance

Shares of VAC stock traded down $1.29 during mid-day trading on Friday, reaching $70.89. 129,764 shares of the company’s stock traded hands, compared to its average volume of 573,819. The firm has a market capitalization of $2.43 billion, a PE ratio of -7.03, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20. The company has a debt-to-equity ratio of 2.80, a quick ratio of 2.77 and a current ratio of 3.30. The firm has a 50 day moving average price of $70.21 and a two-hundred day moving average price of $61.84. Marriott Vacations Worldwide has a 12 month low of $44.58 and a 12 month high of $86.33.

Marriott Vacations Worldwide (NYSE:VAC) last issued its earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.43). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, research analysts forecast that Marriott Vacations Worldwide will post 7.24 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on VAC. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Stifel Nicolaus upped their target price on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Weiss Ratings cut shares of Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, March 17th. Barclays upped their target price on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average 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.