Analysts Set Marriott Vacations Worldwide Corporation (NYSE:VAC) Target Price at $63.38

Shares of Marriott Vacations Worldwide Corporation (NYSE:VAC) have been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $63.3750.

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Marriott Vacations Worldwide in a research note on Monday, December 15th. Barclays lowered their price objective on Marriott Vacations Worldwide from $87.00 to $64.00 and set an “overweight” rating for the company in a research report on Friday, November 7th. Wall Street Zen raised Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Sunday. Truist Financial decreased their target price on shares of Marriott Vacations Worldwide from $127.00 to $81.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Finally, The Goldman Sachs Group lowered their price target on shares of Marriott Vacations Worldwide from $63.00 to $54.00 and set a “sell” rating for the company in a report on Tuesday, November 11th.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE VAC opened at $57.77 on Friday. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 12.95, a P/E/G ratio of 1.26 and a beta of 1.37. The company has a current ratio of 3.87, a quick ratio of 3.22 and a debt-to-equity ratio of 2.29. Marriott Vacations Worldwide has a 1-year low of $44.58 and a 1-year high of $92.19. The stock’s 50-day moving average is $58.01 and its 200 day moving average is $68.73.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.05. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business posted $1.80 EPS. The business’s quarterly revenue was down 3.2% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. On average, sell-side analysts anticipate that Marriott Vacations Worldwide will post 6.23 EPS for the current fiscal year.

Marriott Vacations Worldwide Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 24th will be issued a dividend of $0.80 per share. This is an increase from Marriott Vacations Worldwide’s previous quarterly dividend of $0.79. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Wednesday, December 24th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is currently 70.85%.

Insider Buying and Selling

In other Marriott Vacations Worldwide news, Director Dianna Morgan purchased 500 shares of Marriott Vacations Worldwide stock in a transaction that occurred on Friday, November 21st. The shares were bought at an average price of $51.22 per share, for a total transaction of $25,610.00. Following the acquisition, the director directly owned 23,094 shares in the company, valued at approximately $1,182,874.68. This trade represents a 2.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jonice M. Gray purchased 1,100 shares of the stock in a transaction on Tuesday, November 25th. The shares were acquired at an average cost of $54.47 per share, with a total value of $59,917.00. Following the transaction, the director directly owned 13,205 shares in the company, valued at $719,276.35. The trade was a 9.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 96,100 shares of company stock valued at $4,566,692 over the last ninety days. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Several institutional investors and hedge funds have recently modified their holdings of VAC. Ameritas Advisory Services LLC bought a new position in Marriott Vacations Worldwide in the second quarter worth about $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of Marriott Vacations Worldwide during the 3rd quarter worth approximately $25,000. Hantz Financial Services Inc. raised its position in shares of Marriott Vacations Worldwide by 627.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 393 shares of the company’s stock worth $28,000 after acquiring an additional 339 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Marriott Vacations Worldwide in the 3rd quarter valued at approximately $27,000. Finally, Assetmark Inc. boosted its position in shares of Marriott Vacations Worldwide by 90.6% during the second quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $31,000 after purchasing an additional 203 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.