Analysts Set Marriott Vacations Worldwide Corporation (NYSE:VAC) PT at $90.50

Key Points

• Marriott Vacations Worldwide Corporation (NYSE:VAC) has an average target price of $90.50 from brokers, with a consensus rating of "Hold"—four analysts rated it "buy" and two rated it "sell."
• The company recently reported earnings of $1.96 per share, exceeding expectations, along with a revenue of $1.25 billion, indicating a 9.3% year-over-year increase.
• Marriott Vacations Worldwide announced a quarterly dividend of $0.79, which reflects a 4.0% yield and a payout ratio of approximately 47.52%.

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC - Get Free Report) have received an average rating of "Hold" from the six research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $90.50.

A number of analysts recently weighed in on the stock. Truist Financial dropped their price objective on shares of Marriott Vacations Worldwide from $128.00 to $127.00 and set a "buy" rating on the stock in a report on Thursday, August 21st. The Goldman Sachs Group increased their price objective on shares of Marriott Vacations Worldwide from $55.00 to $65.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. Morgan Stanley reaffirmed an "underweight" rating on shares of Marriott Vacations Worldwide in a report on Tuesday, July 15th. Finally, Stifel Nicolaus set a $101.00 target price on shares of Marriott Vacations Worldwide and gave the company a "buy" rating in a research report on Tuesday, August 5th.

Insider Transactions at Marriott Vacations Worldwide

In related news, Director Christian Asmar bought 412,449 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The stock was purchased at an average price of $67.61 per share, for a total transaction of $27,885,676.89. Following the transaction, the director directly owned 3,708,433 shares of the company's stock, valued at approximately $250,727,155.13. This represents a 12.51% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of institutional investors and hedge funds have recently bought and sold shares of VAC. Fuller & Thaler Asset Management Inc. boosted its position in shares of Marriott Vacations Worldwide by 32.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company's stock valued at $117,089,000 after purchasing an additional 444,126 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Marriott Vacations Worldwide during the 4th quarter valued at about $37,974,000. Norges Bank bought a new position in shares of Marriott Vacations Worldwide during the 2nd quarter valued at about $27,971,000. Senvest Management LLC boosted its position in shares of Marriott Vacations Worldwide by 19.4% during the 2nd quarter. Senvest Management LLC now owns 1,816,012 shares of the company's stock valued at $131,316,000 after purchasing an additional 294,937 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Marriott Vacations Worldwide by 71.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company's stock valued at $45,987,000 after purchasing an additional 265,278 shares in the last quarter. Institutional investors own 89.52% of the company's stock.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE:VAC traded down $2.32 on Wednesday, reaching $77.13. 366,352 shares of the company's stock were exchanged, compared to its average volume of 307,588. The company has a quick ratio of 2.90, a current ratio of 3.55 and a debt-to-equity ratio of 2.17. Marriott Vacations Worldwide has a fifty-two week low of $49.22 and a fifty-two week high of $100.32. The business's 50-day moving average is $77.96 and its two-hundred day moving average is $69.44. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.12 and a beta of 1.48.

Marriott Vacations Worldwide (NYSE:VAC - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $1.96 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.24. Marriott Vacations Worldwide had a net margin of 5.10% and a return on equity of 11.74%. The business had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.22 billion. During the same quarter last year, the company earned $1.10 EPS. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.400-7.100 EPS. As a group, equities research analysts forecast that Marriott Vacations Worldwide will post 6.23 EPS for the current year.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th will be given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Wednesday, September 17th. Marriott Vacations Worldwide's dividend payout ratio is currently 47.52%.

About Marriott Vacations Worldwide

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.