Marriott Vacations Worldwide (VAC) Set to Announce Quarterly Earnings on Wednesday

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) is set to release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Marriott Vacations Worldwide to post earnings of $1.56 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $1.10 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.89). Marriott Vacations Worldwide had a return on equity of 9.89% and a net margin of 3.41%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company earned $2.19 earnings per share. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. On average, analysts expect Marriott Vacations Worldwide to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Marriott Vacations Worldwide Price Performance

Shares of VAC traded up $0.48 during trading hours on Wednesday, reaching $80.23. 352,088 shares of the stock traded hands, compared to its average volume of 458,225. The company has a market cap of $2.82 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 0.71 and a beta of 1.80. The company has a current ratio of 3.28, a quick ratio of 2.72 and a debt-to-equity ratio of 2.21. The company's 50-day moving average price is $74.54 and its two-hundred day moving average price is $83.31. Marriott Vacations Worldwide has a 52-week low of $67.28 and a 52-week high of $108.57.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 19th were given a $0.76 dividend. The ex-dividend date was Thursday, September 19th. This represents a $3.04 annualized dividend and a dividend yield of 3.79%. Marriott Vacations Worldwide's payout ratio is 56.19%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. The Goldman Sachs Group began coverage on Marriott Vacations Worldwide in a research note on Wednesday, September 18th. They set a "sell" rating and a $62.00 target price on the stock. StockNews.com cut shares of Marriott Vacations Worldwide from a "hold" rating to a "sell" rating in a research report on Friday, July 19th. Stifel Nicolaus dropped their target price on shares of Marriott Vacations Worldwide from $108.00 to $96.50 and set a "buy" rating for the company in a research report on Friday, September 13th. Truist Financial reduced their price target on shares of Marriott Vacations Worldwide from $161.00 to $159.00 and set a "buy" rating on the stock in a report on Friday, July 19th. Finally, Barclays dropped their price objective on shares of Marriott Vacations Worldwide from $82.00 to $74.00 and set an "equal weight" rating for the company in a report on Thursday, September 26th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Marriott Vacations Worldwide has an average rating of "Hold" and an average price target of $96.65.

Insider Activity at Marriott Vacations Worldwide

In related news, insider Jason P. Marino bought 700 shares of the company's stock in a transaction dated Wednesday, September 11th. The stock was purchased at an average price of $69.00 per share, for a total transaction of $48,300.00. Following the acquisition, the insider now owns 15,851 shares in the company, valued at $1,093,719. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.70% of the stock is owned by insiders.

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.