Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) is scheduled to be announcing its earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $1.56 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.89). The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.21 billion. Marriott Vacations Worldwide had a net margin of 3.41% and a return on equity of 9.89%. The company's revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.19 earnings per share. 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 Trading Up 1.5 %
Shares of VAC traded up $1.20 during mid-day trading on Wednesday, hitting $80.95. 161,592 shares of the company's stock traded hands, compared to its average volume of 457,318. The business's 50-day moving average price is $74.38 and its 200-day moving average price is $83.33. Marriott Vacations Worldwide has a 1 year low of $67.28 and a 1 year high of $108.57. The company has a quick ratio of 2.72, a current ratio of 3.28 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $2.85 billion, a P/E ratio of 14.74, a PEG ratio of 0.71 and a beta of 1.80.
Marriott Vacations Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 19th were paid a $0.76 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $3.04 annualized dividend and a dividend yield of 3.76%. Marriott Vacations Worldwide's dividend payout ratio is presently 56.19%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on VAC. Truist Financial decreased their price target on Marriott Vacations Worldwide from $161.00 to $159.00 and set a "buy" rating for the company in a research note on Friday, July 19th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Marriott Vacations Worldwide from $121.00 to $95.00 and set a "buy" rating on the stock in a research report on Tuesday, August 6th. Stifel Nicolaus dropped their price target on Marriott Vacations Worldwide from $108.00 to $96.50 and set a "buy" rating on the stock in a research note on Friday, September 13th. StockNews.com cut Marriott Vacations Worldwide from a "hold" rating to a "sell" rating in a research report on Friday, July 19th. Finally, JMP Securities dropped their price objective on shares of Marriott Vacations Worldwide from $115.00 to $90.00 and set a "market outperform" rating on the stock in a report on Friday, August 2nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Marriott Vacations Worldwide presently has an average rating of "Hold" and a consensus price target of $96.65.
View Our Latest Stock Analysis on Marriott Vacations Worldwide
Insider Activity at Marriott Vacations Worldwide
In related news, insider Jason P. Marino acquired 700 shares of Marriott Vacations Worldwide stock in a transaction on Wednesday, September 11th. The shares were bought at an average cost of $69.00 per share, with a total value of $48,300.00. Following the completion of the purchase, the insider now directly owns 15,851 shares of the company's stock, valued at $1,093,719. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.70% of the stock is owned by insiders.
About Marriott Vacations Worldwide
(
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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.
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