Vail Resorts, Inc. (NYSE:MTN) Receives $204.50 Consensus Target Price from Brokerages

Vail Resorts, Inc. (NYSE:MTN - Get Free Report) has been assigned an average rating of "Hold" from the ten ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $204.50.

MTN has been the subject of a number of analyst reports. Morgan Stanley reiterated an "equal weight" rating and set a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. UBS Group started coverage on Vail Resorts in a research report on Thursday, November 14th. They set a "neutral" rating and a $185.00 target price for the company. Barclays increased their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the company an "underweight" rating in a research report on Tuesday, December 10th. Stifel Nicolaus lifted their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Finally, Macquarie boosted their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the company a "neutral" rating in a research note on Wednesday, December 11th.

Vail Resorts Stock Down 0.9 %

Shares of MTN stock traded down $1.49 on Monday, reaching $167.95. 408,538 shares of the company were exchanged, compared to its average volume of 605,611. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The company has a 50-day moving average of $181.10 and a 200-day moving average of $178.41. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 27.90, a PEG ratio of 2.07 and a beta of 1.11. Vail Resorts has a one year low of $165.00 and a one year high of $236.92.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($4.99) by $0.38. The business had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($4.60) earnings per share. Analysts anticipate that Vail Resorts will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.29%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is currently 147.51%.

Institutional Trading of Vail Resorts

Several large investors have recently bought and sold shares of MTN. Wealthfront Advisers LLC purchased a new position in shares of Vail Resorts in the 4th quarter valued at approximately $42,532,000. River Road Asset Management LLC raised its holdings in Vail Resorts by 30.2% in the fourth quarter. River Road Asset Management LLC now owns 444,344 shares of the company's stock worth $83,292,000 after purchasing an additional 103,033 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Vail Resorts by 26.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,360 shares of the company's stock valued at $817,000 after buying an additional 925 shares during the period. First Pacific Advisors LP boosted its holdings in shares of Vail Resorts by 12.4% during the 4th quarter. First Pacific Advisors LP now owns 522,285 shares of the company's stock valued at $97,902,000 after buying an additional 57,484 shares in the last quarter. Finally, OFI Invest Asset Management purchased a new stake in shares of Vail Resorts in the 4th quarter worth about $1,600,000. 94.94% of the stock is owned by institutional investors.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.