Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives $63.38 Consensus Price Target from Analysts

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) have been given an average recommendation of “Hold” by the nine analysts that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $63.3750.

Several research analysts have issued reports on VAC shares. Wells Fargo & Company initiated coverage on Marriott Vacations Worldwide in a report on Tuesday, November 18th. They set an “underweight” rating and a $37.00 price objective on the stock. Stifel Nicolaus set a $83.00 price target on Marriott Vacations Worldwide in a research note on Thursday, November 6th. Mizuho downgraded Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $85.00 to $58.00 in a report on Tuesday, November 11th. Barclays cut their target price on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Finally, Truist Financial lowered their price target on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating for the company in a research note on Friday, November 14th.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, Director Christian Asmar acquired 84,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were acquired at an average price of $47.44 per share, with a total value of $3,984,960.00. Following the completion of the transaction, the director directly owned 4,130,340 shares in the company, valued at $195,943,329.60. This trade represents a 2.08% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dianna Morgan bought 500 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average cost of $51.22 per share, with a total value of $25,610.00. Following the transaction, the director owned 23,094 shares of the company’s stock, valued at $1,182,874.68. This represents a 2.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 96,100 shares of company stock valued at $4,566,692 over the last ninety days. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VAC. Dimensional Fund Advisors LP grew its stake in shares of Marriott Vacations Worldwide by 2.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock valued at $129,820,000 after buying an additional 54,285 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in Marriott Vacations Worldwide by 32.2% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company’s stock worth $117,089,000 after purchasing an additional 444,126 shares during the period. Senvest Management LLC raised 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 buying an additional 294,937 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Marriott Vacations Worldwide by 8.1% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,139,334 shares of the company’s stock worth $73,191,000 after acquiring an additional 85,230 shares during the period. Finally, T. Rowe Price Investment Management Inc. raised 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 valued at $51,413,000 after acquiring an additional 21,631 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE:VAC opened at $54.98 on Monday. The business has a fifty day moving average of $62.56 and a 200-day moving average of $70.19. The company has a debt-to-equity ratio of 2.29, a quick ratio of 3.22 and a current ratio of 3.87. Marriott Vacations Worldwide has a twelve month low of $44.58 and a twelve month high of $99.42. The firm has a market cap of $1.90 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 1.20 and a beta of 1.50.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.05. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the firm earned $1.80 EPS. The company’s revenue was down 3.2% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. On average, equities research analysts predict that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 17th were paid a $0.79 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $3.16 annualized dividend and a yield of 5.7%. Marriott Vacations Worldwide’s payout ratio is presently 70.85%.

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.