Marriott Vacations Worldwide (NYSE:VAC) is set to issue its quarterly earnings data before the market opens on Thursday, February 28th. Analysts expect the company to announce earnings of $1.44 per share for the quarter.
Shares of VAC stock opened at $97.00 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 3.00 and a current ratio of 3.83. The firm has a market capitalization of $4.48 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 1.20 and a beta of 1.63. Marriott Vacations Worldwide has a 12 month low of $60.67 and a 12 month high of $150.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 28th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Wednesday, February 27th. Marriott Vacations Worldwide’s dividend payout ratio is presently 31.14%.
VAC has been the topic of a number of research reports. Zacks Investment Research lowered shares of Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, October 30th. Macquarie lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating in a research report on Thursday, November 15th. ValuEngine lowered shares of Marriott Vacations Worldwide from a “sell” rating to a “strong sell” rating in a research report on Friday, December 21st. Finally, Deutsche Bank cut their price objective on shares of Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating on the stock in a research report on Monday, January 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $132.58.
In other news, Director Charles Elliott Andrews bought 6,380 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were acquired at an average cost of $79.17 per share, for a total transaction of $505,104.60. Following the completion of the acquisition, the director now owns 6,380 shares in the company, valued at $505,104.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.50% of the stock is currently owned by insiders.
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About Marriott Vacations Worldwide
Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, and Marriott Vacation Club Pulse brands. It operates through three segments: North America, Asia Pacific, and Europe. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand.
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