Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, and Marriott Vacation Club Pulse brands. It operates through three segments: North America, Asia Pacific, and Europe. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, it sells two points-based vacation ownership products through Marriott Vacation Club points-based ownership programs focused in North America and the Asia Pacific; and weeks-based vacation ownership products. Further, it is involved in financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. Additionally, the company provides on-site management and services, such as daily housekeeping services, valet, in-residence dining, and access to fitness facilities, as well as spa and sports facilities for Ritz-Carlton branded properties. As of December 30, 2017, Marriott Vacations Worldwide Corporation operated 65 properties with 13,654 vacation ownership villas and approximately 400,000 owners in the United States, and 9 other countries and territories. It sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation is headquartered in Orlando, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate agents & managers
Sub-IndustryHotels Resorts & Cruise Lines
SectorConsumer Discretionary
SymbolNYSE:VAC
CUSIP57164Y10
Phone407-206-6000
Debt
Debt-to-Equity Ratio1.25
Current Ratio6.99
Quick Ratio5.17
Price-To-Earnings
Trailing P/E Ratio21.33
Forward P/E Ratio17.69
P/E Growth1.68
Sales & Book Value
Annual Sales$1.95 billion
Price / Sales1.68
Cash Flow$7.6140 per share
Price / Cash16.19
Book Value$39.44 per share
Price / Book3.13
Profitability
EPS (Most Recent Fiscal Year)$5.78
Net Income$226.77 million
Net Margins9.16%
Return on Equity15.81%
Return on Assets5.65%
Miscellaneous
Employees11,000
Outstanding Shares26,570,000
Market Cap$3.11 billion
Marriott Vacations Worldwide (NYSE:VAC) Frequently Asked Questions
What is Marriott Vacations Worldwide's stock symbol?
Marriott Vacations Worldwide trades on the New York Stock Exchange (NYSE) under the ticker symbol "VAC."
How often does Marriott Vacations Worldwide pay dividends? What is the dividend yield for Marriott Vacations Worldwide?
Marriott Vacations Worldwide announced a quarterly dividend on Tuesday, May 15th. Investors of record on Monday, May 28th will be given a dividend of $0.40 per share on Monday, June 11th. This represents a $1.60 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, May 24th. View Marriott Vacations Worldwide's Dividend History.
How will Marriott Vacations Worldwide's stock buyback program work?
Marriott Vacations Worldwide announced that its Board of Directors has authorized a stock buyback program on Friday, August 4th 2017, which permits the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Marriott Vacations Worldwide's earnings last quarter?
Marriott Vacations Worldwide Corp (NYSE:VAC) posted its quarterly earnings results on Thursday, August, 2nd. The company reported $1.59 earnings per share for the quarter, missing the consensus estimate of $1.84 by $0.25. The company had revenue of $594.69 million for the quarter, compared to analysts' expectations of $595.15 million. Marriott Vacations Worldwide had a return on equity of 15.81% and a net margin of 9.16%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.74 earnings per share. View Marriott Vacations Worldwide's Earnings History.
When is Marriott Vacations Worldwide's next earnings date?
What guidance has Marriott Vacations Worldwide issued on next quarter's earnings?
Marriott Vacations Worldwide issued an update on its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of $6.69-7.09 for the period, compared to the Thomson Reuters consensus estimate of $7.05.
What price target have analysts set for VAC?
10 analysts have issued 12 month target prices for Marriott Vacations Worldwide's stock. Their predictions range from $122.61 to $160.00. On average, they expect Marriott Vacations Worldwide's share price to reach $144.4513 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price. View Analyst Price Targets for Marriott Vacations Worldwide.
What is the consensus analysts' recommendation for Marriott Vacations Worldwide?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marriott Vacations Worldwide in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marriott Vacations Worldwide.
Who are some of Marriott Vacations Worldwide's key competitors?
Who are Marriott Vacations Worldwide's key executives?
Marriott Vacations Worldwide's management team includes the folowing people:
- Mr. Stephen P. Weisz, Pres, CEO & Director (Age 67)
- Mr. John E. Geller Jr., Exec. VP and Chief Financial & Admin. Officer (Age 51)
- Mr. Ralph Lee Cunningham, Exec. VP & COO (Age 58)
- Mr. Brian E. Miller, Exec. VP and Chief Sales & Marketing Officer (Age 55)
- Ms. Lizabeth Kane-Hanan, Exec. VP and Chief Growth & Inventory Officer (Age 52)
Has Marriott Vacations Worldwide been receiving favorable news coverage?
News stories about VAC stock have been trending somewhat negative on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marriott Vacations Worldwide earned a coverage optimism score of -0.04 on Accern's scale. They also gave news coverage about the company an impact score of 48.37 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Marriott Vacations Worldwide.
Who are Marriott Vacations Worldwide's major shareholders?
Marriott Vacations Worldwide's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.29%), Dimensional Fund Advisors LP (5.50%), FMR LLC (4.97%), Voya Investment Management LLC (2.28%), Millennium Management LLC (1.80%) and Bank of New York Mellon Corp (1.47%). Company insiders that own Marriott Vacations Worldwide stock include Brian E Miller, Dwight D Smith, J W Marriott Jr, John E Geller Jr, Laurie A Sullivan, Lizabeth Kane-Hanan, Melquiades R Martinez, Michael E Yonker, R Lee Cunningham, Stephen P Weisz and Thomas J Hutchison III. View Institutional Ownership Trends for Marriott Vacations Worldwide.
Which institutional investors are selling Marriott Vacations Worldwide stock?
VAC stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Chicago Equity Partners LLC, Dupont Capital Management Corp, SG Americas Securities LLC, California Public Employees Retirement System, Bank of New York Mellon Corp, First Trust Advisors LP and WINTON GROUP Ltd. Company insiders that have sold Marriott Vacations Worldwide company stock in the last year include Dwight D Smith, J W Marriott Jr, Melquiades R Martinez, Michael E Yonker and R Lee Cunningham. View Insider Buying and Selling for Marriott Vacations Worldwide.
Which institutional investors are buying Marriott Vacations Worldwide stock?
VAC stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Voya Investment Management LLC, Senvest Management LLC, Victory Capital Management Inc., BlackRock Inc., Long Pond Capital LP, Renaissance Technologies LLC and Bank of America Corp DE. View Insider Buying and Selling for Marriott Vacations Worldwide.
How do I buy shares of Marriott Vacations Worldwide?
Shares of VAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marriott Vacations Worldwide's stock price today?
One share of VAC stock can currently be purchased for approximately $123.27.
How big of a company is Marriott Vacations Worldwide?
Marriott Vacations Worldwide has a market capitalization of $3.11 billion and generates $1.95 billion in revenue each year. The company earns $226.77 million in net income (profit) each year or $5.78 on an earnings per share basis. Marriott Vacations Worldwide employs 11,000 workers across the globe.
How can I contact Marriott Vacations Worldwide?
Marriott Vacations Worldwide's mailing address is 6649 WESTWOOD BLVD., ORLANDO FL, 32821. The company can be reached via phone at 407-206-6000 or via email at [email protected]
MarketBeat Community Rating for Marriott Vacations Worldwide (NYSE VAC)
MarketBeat's community ratings are surveys of what our community members think about Marriott Vacations Worldwide and other stocks. Vote "Outperform" if you believe VAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
