Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives $92.67 Consensus Price Target from Analysts

Marriott Vacations Worldwide Corporation (NYSE:VAC) has been given a consensus recommendation of “Hold” by the seven analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $92.6667.

A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Marriott Vacations Worldwide in a research note on Thursday, October 30th. Truist Financial dropped their price target on Marriott Vacations Worldwide from $128.00 to $127.00 and set a “buy” rating for the company in a research report on Thursday, August 21st. Stifel Nicolaus set a $101.00 price target on Marriott Vacations Worldwide and gave the stock a “buy” rating in a report on Tuesday, August 5th. Morgan Stanley set a $70.00 price objective on Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Finally, The Goldman Sachs Group increased their price objective on Marriott Vacations Worldwide from $55.00 to $65.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th.

Institutional Trading of Marriott Vacations Worldwide

A number of hedge funds have recently bought and sold shares of VAC. Dimensional Fund Advisors LP raised its holdings in Marriott Vacations Worldwide by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,931,782 shares of the company’s stock valued at $124,101,000 after acquiring an additional 48,585 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in shares of Marriott Vacations Worldwide by 32.2% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company’s stock valued at $117,089,000 after purchasing an additional 444,126 shares during the period. Senvest Management LLC increased its stake in Marriott Vacations Worldwide by 19.4% in the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock valued at $131,316,000 after purchasing an additional 294,937 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Marriott Vacations Worldwide by 8.1% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company’s stock worth $73,191,000 after buying an additional 85,230 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Marriott Vacations Worldwide by 2.8% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 800,315 shares of the company’s stock worth $51,413,000 after buying an additional 21,631 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Trading Up 1.8%

NYSE:VAC opened at $67.51 on Thursday. Marriott Vacations Worldwide has a 52-week low of $49.22 and a 52-week high of $100.32. The company has a quick ratio of 2.90, a current ratio of 3.55 and a debt-to-equity ratio of 2.17. The stock has a fifty day simple moving average of $71.27 and a 200-day simple moving average of $71.07. The company has a market capitalization of $2.34 billion, a PE ratio of 10.15, a price-to-earnings-growth ratio of 0.96 and a beta of 1.50.

Marriott Vacations Worldwide (NYSE:VAC) last posted its earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.05. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.31 billion. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. On average, equities research analysts expect that Marriott Vacations Worldwide will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 17th were issued a dividend of $0.79 per share. The ex-dividend date was Wednesday, September 17th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 4.7%. Marriott Vacations Worldwide’s payout ratio is 47.52%.

About Marriott Vacations Worldwide

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.