Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $92.25 Consensus Target Price from Analysts

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $92.25.

Several analysts have recently weighed in on the company. Mizuho cut their price objective on Marriott Vacations Worldwide from $112.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, May 9th. Barclays decreased their price objective on shares of Marriott Vacations Worldwide from $97.00 to $88.00 and set an “overweight” rating for the company in a research note on Monday, May 12th. Stifel Nicolaus lowered their target price on Marriott Vacations Worldwide from $112.00 to $108.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. The Goldman Sachs Group upped their price target on shares of Marriott Vacations Worldwide from $48.00 to $55.00 and gave the stock a “sell” rating in a research note on Friday, May 9th. Finally, Truist Financial dropped their price objective on Marriott Vacations Worldwide from $142.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, March 7th.

Marriott Vacations Worldwide Trading Up 1.5%

Shares of NYSE:VAC opened at $66.02 on Monday. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19. The company’s 50-day moving average price is $60.75 and its 200 day moving average price is $75.89. The company has a market cap of $2.28 billion, a PE ratio of 12.57, a P/E/G ratio of 0.67 and a beta of 1.46. Marriott Vacations Worldwide has a fifty-two week low of $49.22 and a fifty-two week high of $100.32.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.10. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.80 earnings per share. Sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 23rd were paid a $0.79 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.79%. Marriott Vacations Worldwide’s payout ratio is presently 53.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Fifth Third Bancorp increased its holdings in Marriott Vacations Worldwide by 136.5% in the 1st quarter. Fifth Third Bancorp now owns 395 shares of the company’s stock valued at $25,000 after buying an additional 228 shares during the period. Investment Advisory Group LLC acquired a new stake in shares of Marriott Vacations Worldwide in the first quarter valued at approximately $31,000. Blue Trust Inc. raised its position in shares of Marriott Vacations Worldwide by 130.7% during the fourth quarter. Blue Trust Inc. now owns 533 shares of the company’s stock worth $48,000 after acquiring an additional 302 shares during the last quarter. Brown Lisle Cummings Inc. bought a new stake in Marriott Vacations Worldwide during the 4th quarter worth about $50,000. Finally, True Wealth Design LLC lifted its holdings in Marriott Vacations Worldwide by 35.2% in the fourth quarter. True Wealth Design LLC now owns 595 shares of the company’s stock valued at $53,000 after buying an additional 155 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.