Vail Resorts (MTN) Projected to Post Earnings on Monday

Vail Resorts (NYSE:MTN - Get Free Report) is projected to announce its earnings results after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of $6.29 per share and revenue of $1.14 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating the consensus estimate of ($4.99) by $0.38. The firm had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts's quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the business posted ($4.60) EPS. On average, analysts expect Vail Resorts to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Vail Resorts Price Performance

MTN traded up $0.16 during trading on Friday, reaching $157.35. 646,693 shares of the stock were exchanged, compared to its average volume of 550,371. 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 market capitalization of $5.89 billion, a price-to-earnings ratio of 26.14, a P/E/G ratio of 1.93 and a beta of 1.12. Vail Resorts has a 1 year low of $153.51 and a 1 year high of $233.57. The business's 50 day moving average price is $169.61 and its two-hundred day moving average price is $176.19.

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Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.64%. Vail Resorts's dividend payout ratio is presently 147.51%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. UBS Group assumed coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a "neutral" rating and a $185.00 target price for the company. Morgan Stanley restated an "equal weight" rating and set a $197.00 price objective on shares of Vail Resorts in a research report on Monday, December 23rd. StockNews.com upgraded Vail Resorts from a "sell" rating to a "hold" rating in a report on Friday, December 13th. Truist Financial dropped their price target on Vail Resorts from $250.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $199.44.

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.