Marriott Vacations Worldwide (NYSE:VAC) Reaches New 52-Week High – What’s Next?

Marriott Vacations Worldwide Corporation (NYSE:VAC) reached a new 52-week high on Tuesday . The company traded as high as $92.04 and last traded at $92.6880, with a volume of 16293 shares changing hands. The stock had previously closed at $89.51.

Analyst Ratings Changes

A number of research firms have commented on VAC. The Goldman Sachs Group raised Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Monday, June 1st. Morgan Stanley increased their target price on Marriott Vacations Worldwide from $50.00 to $51.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 12th. Weiss Ratings downgraded Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday, March 17th. Citizens Jmp downgraded Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a research note on Monday, March 9th. Finally, Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average price target of $83.70.

Marriott Vacations Worldwide Stock Performance

The stock has a market capitalization of $3.07 billion, a P/E ratio of -8.89, a P/E/G ratio of 2.04 and a beta of 1.25. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The business has a fifty day moving average price of $74.34 and a 200-day moving average price of $64.76.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The firm had revenue of $1.26 billion during 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 business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $1.66 earnings per share. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, sell-side analysts expect that Marriott Vacations Worldwide Corporation will post 7.26 EPS for the current year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -31.71%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Institutional investors and hedge funds have recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in shares of Marriott Vacations Worldwide in the 3rd quarter worth $27,000. IFP Advisors Inc boosted its stake in shares of Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after buying an additional 457 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Marriott Vacations Worldwide by 877.2% in the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after buying an additional 500 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth $35,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter worth $37,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

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.