Marriott Vacations Worldwide (NYSE:VAC) Releases Earnings Results, Beats Estimates By $0.35 EPS

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.51 by $0.35, Zacks reports. Marriott Vacations Worldwide had a net margin of 4.20% and a return on equity of 10.89%. The firm had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.24 billion. Marriott Vacations Worldwide updated its FY 2025 guidance to 6.300-7.000 EPS.

Marriott Vacations Worldwide Stock Down 2.6 %

Shares of NYSE VAC traded down $2.00 during trading hours on Friday, hitting $75.47. The stock had a trading volume of 859,042 shares, compared to its average volume of 432,578. The company has a market capitalization of $2.63 billion, a P/E ratio of 14.38, a P/E/G ratio of 0.67 and a beta of 1.83. The firm's 50-day moving average price is $86.32 and its two-hundred day moving average price is $83.24. Marriott Vacations Worldwide has a 52 week low of $67.28 and a 52 week high of $108.57. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.86 and a current ratio of 3.53.

Marriott Vacations Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a $0.79 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $3.16 annualized dividend and a dividend yield of 4.19%. Marriott Vacations Worldwide's payout ratio is 60.19%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Truist Financial boosted their price objective on Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. StockNews.com upgraded Marriott Vacations Worldwide from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Morgan Stanley assumed coverage on Marriott Vacations Worldwide in a report on Monday, January 6th. They set an "underweight" rating and a $87.00 price objective on the stock. Mizuho boosted their price objective on Marriott Vacations Worldwide from $117.00 to $120.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Finally, Barclays lowered their target price on Marriott Vacations Worldwide from $116.00 to $97.00 and set an "overweight" rating on the stock in a research note on Friday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $103.00.

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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.