Vail Resorts (MTN) Expected to Announce Earnings on Monday

Vail Resorts (NYSE:MTN - Get Free Report) is projected to release its earnings data after the market closes on Monday, March 10th. Analysts expect Vail Resorts to post earnings of $6.29 per share and revenue of $1.14 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

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

Shares of NYSE:MTN traded down $1.68 during midday trading on Thursday, reaching $156.01. The company's stock had a trading volume of 120,064 shares, compared to its average volume of 550,842. The business's fifty day simple moving average is $171.64 and its 200-day simple moving average is $176.60. The company has a market capitalization of $5.84 billion, a P/E ratio of 25.90, a P/E/G ratio of 1.93 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts has a fifty-two week low of $153.51 and a fifty-two week high of $235.81.

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Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.69%. Vail Resorts's dividend payout ratio (DPR) is currently 147.51%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays lifted their target price on Vail Resorts from $155.00 to $165.00 and gave the company an "underweight" rating in a research note on Tuesday, December 10th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. Macquarie increased their price objective on shares of Vail Resorts from $180.00 to $195.00 and gave the company a "neutral" rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. lowered their target price on shares of Vail Resorts from $176.00 to $166.00 and set an "underweight" rating for the company in a report on Friday, January 17th. Finally, UBS Group assumed coverage on Vail Resorts in a research report on Thursday, November 14th. They issued a "neutral" rating and a $185.00 price target on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $204.50.

About Vail Resorts

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.