Marriott Vacations Worldwide (VAC) Projected to Post Quarterly Earnings on Wednesday

Marriott Vacations Worldwide (NYSE:VAC) is anticipated to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Marriott Vacations Worldwide to post earnings of $1.51 per share and revenue of $1.24 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Marriott Vacations Worldwide Stock Up 3.2 %

Shares of VAC stock opened at $86.80 on Tuesday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 0.67 and a beta of 1.83. The company’s fifty day moving average price is $87.11 and its 200-day moving average price is $82.93. Marriott Vacations Worldwide has a one year low of $67.28 and a one year high of $108.57. The company has a debt-to-equity ratio of 2.19, a current ratio of 3.53 and a quick ratio of 2.86.

Marriott Vacations Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $3.16 annualized dividend and a yield of 3.64%. Marriott Vacations Worldwide’s payout ratio is 60.19%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Morgan Stanley assumed coverage on shares of Marriott Vacations Worldwide in a research note on Monday, January 6th. They set an “underweight” rating and a $87.00 target price for the company. Mizuho raised their target price on shares of Marriott Vacations Worldwide from $110.00 to $117.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group raised their target price on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Barclays raised shares of Marriott Vacations Worldwide from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $97.00 to $116.00 in a research note on Friday, December 13th. Finally, Truist Financial raised their target price on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $105.50.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.