Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC – Get Free Report) have been given a consensus recommendation of “Hold” by the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $80.70.
A number of research firms recently weighed in on VAC. Barclays raised their price target on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Mizuho set a $103.00 price target on shares of Marriott Vacations Worldwide in a report on Wednesday, May 6th. Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and raised their price target for the company from $52.00 to $105.00 in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $92.00 price target on shares of Marriott Vacations Worldwide in a report on Thursday, April 30th. Finally, Morgan Stanley raised their price target on shares of Marriott Vacations Worldwide from $50.00 to $51.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th.
View Our Latest Analysis on Marriott Vacations Worldwide
Marriott Vacations Worldwide Stock Performance
Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, equities research analysts anticipate that Marriott Vacations Worldwide will post 7.24 EPS for the current year.
Marriott Vacations Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.
Insiders Place Their Bets
In other news, insider Michael Flaskey purchased 14,862 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of $67.26 per share, with a total value of $999,618.12. Following the acquisition, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 13.30% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new position in Marriott Vacations Worldwide during the 3rd quarter worth $27,000. IFP Advisors Inc grew its holdings in Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after acquiring an additional 457 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Marriott Vacations Worldwide by 877.2% during the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock worth $38,000 after acquiring an additional 500 shares in the last quarter. Leonteq Securities AG acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth $35,000. Finally, Kestra Advisory Services LLC acquired a new position in Marriott Vacations Worldwide during the 4th quarter worth $37,000. 89.52% of the stock is owned by institutional investors and hedge funds.
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.
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