Q3 2024 EPS Estimates for Marriott Vacations Worldwide Co. Decreased by Analyst (NYSE:VAC)

Marriott Vacations Worldwide Co. (NYSE:VAC) – Equities researchers at Zacks Research lowered their Q3 2024 earnings per share (EPS) estimates for shares of Marriott Vacations Worldwide in a research report issued on Friday, May 24th. Zacks Research analyst M. Kaushik now expects that the company will post earnings of $1.67 per share for the quarter, down from their prior forecast of $1.71. The consensus estimate for Marriott Vacations Worldwide’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Marriott Vacations Worldwide’s Q4 2024 earnings at $2.12 EPS, FY2024 earnings at $7.56 EPS, Q3 2025 earnings at $1.77 EPS, FY2025 earnings at $8.19 EPS, Q1 2026 earnings at $1.97 EPS and FY2026 earnings at $8.83 EPS.

VAC has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft increased their target price on Marriott Vacations Worldwide from $116.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Barclays upped their price target on Marriott Vacations Worldwide from $102.00 to $106.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 8th. Stifel Nicolaus raised their price target on shares of Marriott Vacations Worldwide from $115.00 to $117.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th. JMP Securities upped their price target on Marriott Vacations Worldwide from $105.00 to $115.00 and gave the company a “market outperform” rating in a report on Monday, February 26th. Finally, Mizuho started coverage on shares of Marriott Vacations Worldwide in a research note on Tuesday, March 26th. They set a “buy” rating and a $128.00 target price for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $112.22.

Marriott Vacations Worldwide Trading Up 3.3 %

NYSE:VAC opened at $93.24 on Monday. Marriott Vacations Worldwide has a 12 month low of $72.78 and a 12 month high of $134.09. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 17.23, a P/E/G ratio of 0.68 and a beta of 1.85. The company has a 50-day moving average price of $99.62 and a 200-day moving average price of $90.35. The company has a current ratio of 3.12, a quick ratio of 2.62 and a debt-to-equity ratio of 2.22.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Monday, May 6th. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.14. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Marriott Vacations Worldwide had a net margin of 4.50% and a return on equity of 11.77%. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.54 EPS.

Institutional Trading of Marriott Vacations Worldwide

A number of large investors have recently made changes to their positions in VAC. EverSource Wealth Advisors LLC grew its stake in Marriott Vacations Worldwide by 194.1% in the third quarter. EverSource Wealth Advisors LLC now owns 250 shares of the company’s stock worth $25,000 after purchasing an additional 165 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Marriott Vacations Worldwide by 615.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 286 shares of the company’s stock worth $31,000 after buying an additional 246 shares during the last quarter. Fidelis Capital Partners LLC purchased a new stake in Marriott Vacations Worldwide during the first quarter valued at approximately $41,000. Fifth Third Bancorp lifted its holdings in shares of Marriott Vacations Worldwide by 707.5% during the 1st quarter. Fifth Third Bancorp now owns 428 shares of the company’s stock valued at $46,000 after purchasing an additional 375 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in Marriott Vacations Worldwide by 20.9% during the 4th 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. 89.52% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 6th. Stockholders of record on Thursday, May 23rd will be issued a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $3.04 annualized dividend and a dividend yield of 3.26%. Marriott Vacations Worldwide’s payout ratio is 56.19%.

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.