Vail Resorts (NYSE:MTN – Get Free Report) posted its earnings results on Thursday. The company reported ($4.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.28) by ($0.39), Briefing.com reports. The company had revenue of $265.39 million during the quarter, compared to analysts’ expectations of $264.84 million. Vail Resorts had a net margin of 9.59% and a return on equity of 23.41%. Vail Resorts’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm earned ($3.35) EPS.
Vail Resorts Trading Down 3.9 %
MTN traded down $7.34 during trading hours on Friday, reaching $180.61. The company’s stock had a trading volume of 1,538,764 shares, compared to its average volume of 527,957. The stock has a market cap of $6.79 billion, a PE ratio of 24.58, a P/E/G ratio of 2.56 and a beta of 1.14. Vail Resorts has a fifty-two week low of $165.14 and a fifty-two week high of $242.47. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.18 and a quick ratio of 1.08. The business’s 50-day moving average is $179.54 and its 200-day moving average is $191.96.
Vail Resorts Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th will be paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Tuesday, October 8th. Vail Resorts’s dividend payout ratio (DPR) is presently 120.82%.
Analyst Upgrades and Downgrades
Vail Resorts Company Profile
Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.
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