Bluegreen Vacations Holding Corporation operates as a vacation ownership company. It markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. The company also provides resort management, mortgage, title, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners' associations. Its resort network includes 45 club resorts and 23 club associate resorts, as well as 128 Bass Pro Shops and Cabela's stores. The company was founded in 1966 and is headquartered in Boca Raton, Florida.
Bluegreen Vacations Stock Down 1.3 %
Shares of NYSE:BVH opened at $23.50 on Friday. The firm has a 50-day simple moving average of $26.02 and a two-hundred day simple moving average of $27.41. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. Bluegreen Vacations has a 1 year low of $18.98 and a 1 year high of $36.10. The company has a market cap of $474.23 million, a P/E ratio of 7.08 and a beta of 1.69.
Bluegreen Vacations (NYSE:BVH - Get Rating) last posted its quarterly earnings results on Thursday, May 5th. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.23. The firm had revenue of $195.13 million during the quarter, compared to the consensus estimate of $181.18 million. Bluegreen Vacations had a net margin of 8.26% and a return on equity of 22.51%. During the same quarter in the previous year, the firm posted $0.15 earnings per share. Research analysts anticipate that Bluegreen Vacations will post 3.86 earnings per share for the current year.
Bluegreen Vacations Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 22nd. Investors of record on Monday, August 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.55%. The ex-dividend date is Friday, August 5th. Bluegreen Vacations's payout ratio is 18.07%.
Wall Street Analyst Weigh In
A number of brokerages recently commented on BVH. TheStreet raised shares of Bluegreen Vacations from a "d+" rating to a "c-" rating in a report on Wednesday. B. Riley reaffirmed a "buy" rating on shares of Bluegreen Vacations in a report on Monday, July 25th.