Marriott Vacations Worldwide (NYSE:VAC) Releases Quarterly Earnings Results

Marriott Vacations Worldwide (NYSE:VAC) released its earnings results on Tuesday. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43), FiscalAI reports. Marriott Vacations Worldwide had a negative net margin of 6.12% and a positive return on equity of 11.77%. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the company posted $1.66 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide updated its FY 2026 guidance to 7.050-7.800 EPS.

Here are the key takeaways from Marriott Vacations Worldwide’s conference call:

• Management completed a rapid leadership overhaul (hiring Mike Flaskey as President & COO, a new Chief Sales & Marketing Officer and frontline sales hires) and finished planned workforce reductions, actions the company says are already improving operational execution.
• Q1 adjusted EBITDA fell 16% to $161 million and contract sales declined 2% to $411 million, with tours down 3% and marketing/product costs rising, reflecting a transitional quarter with higher short-term expenses.
• Adjusted free cash flow was $114 million (up $74M), the company closed a $460M securitization at a 4.86% blended rate, completed the Westin Cancun sale, and reiterated plans to generate $200–$250M from asset dispositions by end-2027 while targeting leverage below 4x.
• April momentum was strong—contract sales rose 8% YoY (North America +11%)—leading the company to raise full-year contract sales guidance to +3%–7% while reaffirming EBITDA guidance for the year.
• New commercial initiatives (expanded owner loyalty tiers, “Dream Vacation Packages,” the June “Inner Circle” experiential events, data-driven tour logistics and compensation alignment) are being rolled out to drive higher tours, VPGs and longer-term revenue and EBITDA growth.

Marriott Vacations Worldwide Price Performance

Shares of VAC stock opened at $76.59 on Wednesday. Marriott Vacations Worldwide has a twelve month low of $44.58 and a twelve month high of $86.33. The company has a current ratio of 3.48, a quick ratio of 2.94 and a debt-to-equity ratio of 2.85. The stock has a fifty day simple moving average of $68.47 and a two-hundred day simple moving average of $61.54. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of -8.31, a P/E/G ratio of 1.69 and a beta of 1.20.

Marriott Vacations Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.20 dividend on an annualized basis and a yield of 4.2%. Marriott Vacations Worldwide’s payout ratio is -34.52%.

Insider Activity at Marriott Vacations Worldwide

In other news, insider Michael Flaskey purchased 14,862 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average price of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the purchase, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 13.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VAC. Arrowstreet Capital Limited Partnership raised its holdings in shares of Marriott Vacations Worldwide by 11.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company’s stock valued at $46,967,000 after purchasing an additional 69,652 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Marriott Vacations Worldwide by 41.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock valued at $23,057,000 after purchasing an additional 117,030 shares in the last quarter. New South Capital Management Inc. increased its holdings in Marriott Vacations Worldwide by 15.1% during the fourth quarter. New South Capital Management Inc. now owns 382,869 shares of the company’s stock valued at $22,088,000 after buying an additional 50,148 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Marriott Vacations Worldwide by 14.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 356,579 shares of the company’s stock valued at $20,571,000 after buying an additional 44,159 shares during the period. Finally, AQR Capital Management LLC raised its stake in Marriott Vacations Worldwide by 157.8% in the fourth quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock worth $20,281,000 after buying an additional 215,202 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Key Stories Impacting Marriott Vacations Worldwide

Here are the key news stories impacting Marriott Vacations Worldwide this week:

• Positive Sentiment: Zacks upgraded VAC to a Strong Buy, citing improved earnings prospects and adding it to its top income-stock lists — a catalyst for short-term buying interest. Zacks Upgrade
• Positive Sentiment: Top-line beat: Q1 revenue came in at about $1.26B versus roughly $1.20B expected, signaling demand resilience in the vacations business. Market reaction favors the revenue surprise. AP: Q1 Results
• Neutral Sentiment: The company reaffirmed full-year FY2026 EPS guidance at a range of 7.05–7.80, showing management confidence but leaving room for investor debate on the midpoint versus street estimates. TipRanks: Outlook Reaffirmed
• Neutral Sentiment: Investors can review the full Q1 earnings call transcript and slide deck to assess forward commentary on margins, inventory, and sales cadence. Earnings Call Transcript
• Negative Sentiment: EPS miss: Q1 EPS was $1.24, well below consensus (~$1.67), and down year-over-year — a clear near-term negative that pressured investor sentiment before the upgrade. Zacks: EPS Miss
• Negative Sentiment: Guidance vs. street: the FY26 range’s midpoint is slightly below analyst consensus, which could cap upside until management demonstrates margin recovery or confirms the higher end of its guidance. Zacks: Key Metrics

Analysts Set New Price Targets

VAC has been the topic of several research analyst reports. Jefferies Financial Group raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and upped their price objective for the company from $52.00 to $105.00 in a research report on Monday, March 2nd. Stifel Nicolaus lifted their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Barclays reissued an “overweight” rating and set a $94.00 target price on shares of Marriott Vacations Worldwide in a research note on Wednesday. Mizuho raised shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th. Finally, Wall Street Zen upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Marriott Vacations Worldwide presently has an average rating of “Hold” and an average price target of $79.90.

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.