Equities analysts forecast that Vail Resorts, Inc. (NYSE:MTN) will report $722.98 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Vail Resorts’ earnings, with the lowest sales estimate coming in at $706.90 million and the highest estimate coming in at $765.51 million. Vail Resorts reported sales of $725.20 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 0.3%. The firm is expected to report its next earnings results on Friday, March 9th.
On average, analysts expect that Vail Resorts will report full year sales of $722.98 million for the current year, with estimates ranging from $1.99 billion to $2.08 billion. For the next financial year, analysts expect that the company will post sales of $2.16 billion per share, with estimates ranging from $2.12 billion to $2.19 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Vail Resorts.
Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The firm had revenue of $220.90 million during the quarter, compared to analysts’ expectations of $198.95 million. During the same quarter in the previous year, the company posted ($1.70) EPS. Vail Resorts’s revenue for the quarter was up 23.9% on a year-over-year basis.
Vail Resorts (MTN) opened at $217.98 on Monday. Vail Resorts has a 12 month low of $171.99 and a 12 month high of $237.77. The company has a quick ratio of 0.41, a current ratio of 0.56 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $8,810.00, a P/E ratio of 36.95 and a beta of 0.49.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Wednesday, December 27th were given a dividend of $1.053 per share. The ex-dividend date of this dividend was Tuesday, December 26th. This represents a $4.21 annualized dividend and a dividend yield of 1.93%. Vail Resorts’s dividend payout ratio is currently 71.36%.
In related news, Director Michele Romanow bought 225 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were purchased at an average price of $221.54 per share, for a total transaction of $49,846.50. Following the completion of the transaction, the director now directly owns 1,663 shares in the company, valued at approximately $368,421.02. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.30% of the company’s stock.
Large investors have recently bought and sold shares of the business. BlueCrest Capital Management Ltd purchased a new stake in shares of Vail Resorts during the second quarter worth $3,186,000. Swiss National Bank lifted its position in shares of Vail Resorts by 1.0% during the third quarter. Swiss National Bank now owns 176,200 shares of the company’s stock worth $40,195,000 after acquiring an additional 1,800 shares in the last quarter. Aperio Group LLC lifted its position in shares of Vail Resorts by 13.5% during the third quarter. Aperio Group LLC now owns 9,746 shares of the company’s stock worth $2,223,000 after acquiring an additional 1,160 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Vail Resorts by 4.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 150,828 shares of the company’s stock worth $34,407,000 after acquiring an additional 6,583 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of Vail Resorts by 37.7% during the third quarter. Janus Henderson Group PLC now owns 162,734 shares of the company’s stock worth $37,123,000 after acquiring an additional 44,588 shares in the last quarter. Hedge funds and other institutional investors own 93.82% of the company’s stock.
Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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