Bluegreen Vacations (BXG) Stock Price, News & Analysis

Bluegreen Vacations Co. (NYSE:BXG) posted its quarterly earnings data on Sunday, February, 28th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by $0.05. The firm earned $151.19 million during the quarter, compared to analysts' expectations of $146 million. Bluegreen Vacations had a net margin of 2.13% and a trailing twelve-month return on equity of 9.59%.

Bluegreen Vacations (NYSE:BXG) pays an annual dividend of $0.52 per share and currently has a dividend yield of 5.58%. BXG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BXG will have a dividend payout ratio of 89.66% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BXG.

42 employees have rated Bluegreen Vacations Chief Executive Officer Alan Levan on Glassdoor.com. Alan Levan has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bluegreen Vacations investors own include Intelsat (I), Bank of America (BAC), AMC Entertainment (AMC), Fossil Group (FOSL), Apollo Global Management (APO), CVS Health (CVS), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Cisco Systems (CSCO).

Bluegreen Vacations (BXG) raised $110 million in an IPO on Friday, November 17th 2017. The company issued 6,500,000 shares at a price of $16.00-$18.00 per share. Stifel and Credit Suisse served as the underwriters for the IPO and BofA Merrill Lynch and SunTrust Robinson Humphrey were co-managers.