Marriott Vacations Worldwide (NYSE:VAC) Trading 6.4% Higher – What’s Next?

Marriott Vacations Worldwide Corporation (NYSE:VACGet Free Report) shot up 6.4% on Tuesday . The company traded as high as $70.39 and last traded at $70.1230. 145,169 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 627,033 shares. The stock had previously closed at $65.89.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wells Fargo & Company increased their target price on Marriott Vacations Worldwide from $46.00 to $58.00 and gave the stock an “underweight” rating in a research note on Friday, February 27th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Mizuho upgraded shares of Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th. Jefferies Financial Group raised shares of Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and raised their price objective for the company from $52.00 to $105.00 in a research note on Monday, March 2nd. Finally, Weiss Ratings downgraded shares of Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research note on Tuesday. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $73.67.

Check Out Our Latest Report on VAC

Marriott Vacations Worldwide Stock Performance

The stock has a 50-day moving average price of $60.72 and a 200 day moving average price of $62.18. The company has a quick ratio of 2.94, a current ratio of 3.48 and a debt-to-equity ratio of 2.85. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of -7.61, a P/E/G ratio of 1.82 and a beta of 1.24.

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

Marriott Vacations Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, March 4th. Marriott Vacations Worldwide’s payout ratio is -34.52%.

Insider Activity at Marriott Vacations Worldwide

In other Marriott Vacations Worldwide news, insider Michael Flaskey bought 14,862 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $67.26 per share, with a total value of $999,618.12. Following the completion of the acquisition, the insider directly owned 14,862 shares of the company’s stock, valued at $999,618.12. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired a total of 14,971 shares of company stock worth $1,006,280 in the last three months. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Pinnacle Bancorp Inc. acquired a new position in Marriott Vacations Worldwide in the third quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $27,000. IFP Advisors Inc boosted its holdings in shares of Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after buying an additional 457 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Marriott Vacations Worldwide by 79.8% in the 2nd quarter. Allworth Financial LP now owns 473 shares of the company’s stock valued at $34,000 after buying an additional 210 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of Marriott Vacations Worldwide in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

(Get Free Report)

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.

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