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
Industry Real estate agents & managers
Sub-IndustryHotels Resorts & Cruise Lines
SectorConsumer Discretionary
SymbolNYSE:VAC
CUSIP57164Y10
Phone407-206-6000
Debt
Debt-to-Equity Ratio0.95
Current Ratio5.59
Quick Ratio3.83
Price-To-Earnings
Trailing P/E Ratio20.41
Forward P/E Ratio16.32
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.95 billion
Price / Sales1.58
Cash Flow$7.1006 per share
Price / Cash16.30
Book Value$39.44 per share
Price / Book2.93
Profitability
EPS (Most Recent Fiscal Year)$5.78
Net Income$226.77 million
Net Margins11.25%
Return on Equity16.31%
Return on Assets6.02%
Miscellaneous
Employees11,000
Outstanding Shares26,570,000
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. Stockholders of record on Monday, May 28th will be paid a dividend of $0.40 per share on Monday, June 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.38%. 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 declared that its Board of Directors has authorized a stock repurchase 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 purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.
How were Marriott Vacations Worldwide's earnings last quarter?
Marriott Vacations Worldwide Corp (NYSE:VAC) released its quarterly earnings results on Thursday, May, 3rd. The company reported $1.39 EPS for the quarter, missing the consensus estimate of $1.50 by $0.11. The company had revenue of $570.80 million for the quarter, compared to the consensus estimate of $519.37 million. Marriott Vacations Worldwide had a return on equity of 16.31% and a net margin of 11.25%. Marriott Vacations Worldwide's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.22 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 updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $6.69-7.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.01.
What price target have analysts set for VAC?
10 brokers have issued 12-month price objectives for Marriott Vacations Worldwide's stock. Their forecasts range from $120.00 to $160.00. On average, they expect Marriott Vacations Worldwide's share price to reach $140.7013 in the next twelve months. View Analyst Ratings for Marriott Vacations Worldwide.
Are investors shorting Marriott Vacations Worldwide?
Marriott Vacations Worldwide saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,273,552 shares, an increase of 73.2% from the April 30th total of 1,890,496 shares. Based on an average trading volume of 761,361 shares, the days-to-cover ratio is currently 4.3 days. Currently, 15.3% of the company's stock are short sold. View Marriott Vacations Worldwide's Current Options Chain.
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?
Media stories about VAC stock have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marriott Vacations Worldwide earned a media sentiment score of 0.14 on Accern's scale. They also gave news coverage about the company an impact score of 45.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Marriott Vacations Worldwide's major shareholders?
Marriott Vacations Worldwide's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.12%), Bamco Inc. NY (8.13%), Dimensional Fund Advisors LP (6.42%), Northern Trust Corp (1.63%), Scopus Asset Management L.P. (1.00%) and Rothschild Asset Management Inc. (0.92%). Company insiders that own Marriott Vacations Worldwide stock include Brian E Miller, Dwight D Smith, J W Marriott Jr, James H Iv Hunter, 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 Scopus Asset Management L.P., UBS Group AG, Dimensional Fund Advisors LP, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Lord Abbett & CO. LLC, Rothschild Asset Management Inc. and Keeley Teton Advisors LLC. Company insiders that have sold Marriott Vacations Worldwide company stock in the last year include Brian E Miller, Dwight D Smith, J W Marriott Jr, John E Geller Jr, Laurie A Sullivan, Melquiades R Martinez, Michael E Yonker, R Lee Cunningham, Stephen P Weisz and Thomas J Hutchison III. View Insider Buying and Selling for Marriott Vacations Worldwide.
Which institutional investors are buying Marriott Vacations Worldwide stock?
VAC stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., Dupont Capital Management Corp, WINTON GROUP Ltd, Federated Investors Inc. PA, Millennium Management LLC, Schwab Charles Investment Management Inc. and Dynamic Technology Lab Private Ltd. 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 $115.74.
How big of a company is Marriott Vacations Worldwide?
Marriott Vacations Worldwide has a market capitalization of $3.13 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 (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.
