Marriott Vacations Worldwide Co. (NYSE:VAC) Receives $109.71 Consensus Price Target from Analysts

Shares of Marriott Vacations Worldwide Co. (NYSE:VAC) have earned a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $109.71.

VAC has been the subject of a number of research analyst reports. Jefferies Financial Group upped their price objective on Marriott Vacations Worldwide from $90.00 to $92.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Barclays increased their price target on shares of Marriott Vacations Worldwide from $90.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Friday, February 23rd. JMP Securities increased their price target on shares of Marriott Vacations Worldwide from $105.00 to $115.00 and gave the stock a “market outperform” rating in a research report on Monday, February 26th. Truist Financial raised their target price on shares of Marriott Vacations Worldwide from $149.00 to $159.00 and gave the stock a “buy” rating in a report on Tuesday, March 5th. Finally, Mizuho began coverage on shares of Marriott Vacations Worldwide in a research note on Tuesday, March 26th. They issued a “buy” rating and a $128.00 price target on the stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VAC. EverSource Wealth Advisors LLC increased its holdings in shares of Marriott Vacations Worldwide by 194.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company’s stock worth $25,000 after purchasing an additional 165 shares during the period. Allspring Global Investments Holdings LLC raised its position in Marriott Vacations Worldwide by 615.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company’s stock worth $31,000 after purchasing an additional 246 shares in the last quarter. Fifth Third Bancorp grew its stake in Marriott Vacations Worldwide by 707.5% during the first quarter. Fifth Third Bancorp now owns 428 shares of the company’s stock worth $46,000 after buying an additional 375 shares during the last quarter. Quadrant Capital Group LLC grew its stake in Marriott Vacations Worldwide by 20.9% during the fourth quarter. Quadrant Capital Group LLC now owns 1,013 shares of the company’s stock worth $86,000 after buying an additional 175 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Marriott Vacations Worldwide by 342.3% during the third quarter. Signaturefd LLC now owns 1,150 shares of the company’s stock valued at $116,000 after purchasing an additional 890 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Marriott Vacations Worldwide Stock Performance

NYSE VAC opened at $96.13 on Friday. The company has a current ratio of 3.15, a quick ratio of 2.64 and a debt-to-equity ratio of 2.16. The business’s 50 day moving average is $98.39 and its two-hundred day moving average is $89.19. Marriott Vacations Worldwide has a 12-month low of $72.78 and a 12-month high of $138.21. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 15.38 and a beta of 1.85.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.80 by $0.08. Marriott Vacations Worldwide had a return on equity of 13.21% and a net margin of 5.37%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company earned $2.74 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. Research analysts expect that Marriott Vacations Worldwide will post 7.8 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 29th were issued a $0.76 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.04 annualized dividend and a yield of 3.16%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 48.64%.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.