Marriott Vacations Worldwide Corporation (NYSE:VAC) Receives $63.38 Consensus PT from Brokerages

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) have earned a consensus rating of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $63.3750.

VAC has been the subject of a number of research reports. Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Sunday, December 21st. Stifel Nicolaus set a $83.00 price target on shares of Marriott Vacations Worldwide in a research note on Thursday, November 6th. The Goldman Sachs Group cut their price objective on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating for the company in a report on Tuesday, November 11th. Mizuho lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $85.00 to $58.00 in a research note on Tuesday, November 11th. Finally, Truist Financial dropped their target price on Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a research report on Friday, November 14th.

Marriott Vacations Worldwide Stock Performance

NYSE:VAC opened at $62.44 on Tuesday. The company has a market capitalization of $2.16 billion, a P/E ratio of 14.00, a P/E/G ratio of 1.32 and a beta of 1.35. The business has a fifty day simple moving average of $55.61 and a two-hundred day simple moving average of $67.66. The company has a debt-to-equity ratio of 2.29, a current ratio of 3.87 and a quick ratio of 3.22. Marriott Vacations Worldwide has a 1 year low of $44.58 and a 1 year high of $91.18.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.05. Marriott Vacations Worldwide had a return on equity of 11.44% and a net margin of 3.44%.The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the company earned $1.80 EPS. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. On average, analysts expect that Marriott Vacations Worldwide will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 24th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Wednesday, December 24th. This is a positive change from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. Marriott Vacations Worldwide’s dividend payout ratio is presently 71.75%.

Insider Buying and Selling at Marriott Vacations Worldwide

In related news, Director William W. Mccarten bought 5,000 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was acquired at an average price of $48.08 per share, for a total transaction of $240,400.00. Following the purchase, the director directly owned 13,708 shares in the company, valued at $659,080.64. This trade represents a 57.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lizanne Galbreath bought 5,500 shares of Marriott Vacations Worldwide stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of $46.51 per share, with a total value of $255,805.00. Following the acquisition, the director directly owned 25,714 shares in the company, valued at approximately $1,195,958.14. This represents a 27.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 96,209 shares of company stock worth $4,573,353 in the last three months. 1.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Marriott Vacations Worldwide

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in Marriott Vacations Worldwide by 2.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock worth $129,820,000 after purchasing an additional 54,285 shares in the last quarter. Senvest Management LLC increased its holdings in shares of Marriott Vacations Worldwide by 19.4% in the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock worth $131,316,000 after purchasing an additional 294,937 shares during the period. Geode Capital Management LLC raised its position in shares of Marriott Vacations Worldwide by 37.4% in the second quarter. Geode Capital Management LLC now owns 788,879 shares of the company’s stock worth $57,051,000 after buying an additional 214,629 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Marriott Vacations Worldwide by 11.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company’s stock worth $46,967,000 after buying an additional 69,652 shares in the last quarter. Finally, Deprince Race & Zollo Inc. boosted its stake in Marriott Vacations Worldwide by 34.6% during the third quarter. Deprince Race & Zollo Inc. now owns 429,639 shares of the company’s stock valued at $28,597,000 after buying an additional 110,469 shares during the period. Institutional investors own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.