Marriott Vacations Worldwide (NYSE:VAC) Stock Price Up 6.2% After Analyst Upgrade

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) were up 6.2% on Thursday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $104.00 price target on the stock, up from their previous price target of $58.00. Marriott Vacations Worldwide traded as high as $73.25 and last traded at $72.85. Approximately 289,600 shares changed hands during trading, a decline of 53% from the average daily volume of 621,788 shares. The stock had previously closed at $68.59.

Several other equities analysts also recently weighed in on the company. Weiss Ratings raised Marriott Vacations Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Morgan Stanley reissued an “underweight” rating and set a $52.00 price objective (down from $70.00) on shares of Marriott Vacations Worldwide in a research report on Friday, January 16th. Stifel Nicolaus lifted their target price on shares of Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Wells Fargo & Company upped their target price on shares of Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research note on Friday, February 27th. Finally, Truist Financial cut their price target on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Marriott Vacations Worldwide presently has a consensus rating of “Hold” and a consensus target price of $73.67.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Large investors have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. purchased a new stake in Marriott Vacations Worldwide during the 3rd quarter valued at $25,000. Advisory Services Network LLC bought a new stake in shares of Marriott Vacations Worldwide in the third quarter worth $27,000. Hantz Financial Services Inc. increased its position in Marriott Vacations Worldwide by 627.8% during the second quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock valued at $28,000 after acquiring an additional 339 shares during the last quarter. Assetmark Inc. lifted its holdings in Marriott Vacations Worldwide by 90.6% in the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after acquiring an additional 203 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Marriott Vacations Worldwide by 1,828.0% in the third quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after acquiring an additional 457 shares during the period. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Price Performance

The firm has a 50-day simple moving average of $58.85 and a 200-day simple moving average of $62.76. The firm has a market capitalization of $2.49 billion, a PE ratio of -7.83, a PEG ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94.

Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.14. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.86 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, equities analysts forecast that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Wednesday, March 4th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently -34.52%.

Marriott Vacations Worldwide Company Profile

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.