Marriot Vacations Worldwide Corporation (NYSE:VAC) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 11th. Analysts expect Marriot Vacations Worldwide Corporation to post earnings of $1.21 per share for the quarter. Marriot Vacations Worldwide Corporation has set its FY17 guidance at $5.31-5.52 EPS.

Marriot Vacations Worldwide Corporation (NYSE:VAC) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.34. Marriot Vacations Worldwide Corporation had a net margin of 7.90% and a return on equity of 16.96%. The firm had revenue of $497.62 million for the quarter, compared to analysts’ expectations of $489.85 million. During the same period in the previous year, the company posted $1.08 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. On average, analysts expect Marriot Vacations Worldwide Corporation to post $5.42 EPS for the current fiscal year and $6.1 EPS for the next fiscal year.

Marriot Vacations Worldwide Corporation (NYSE:VAC) opened at 127.04 on Monday. Marriot Vacations Worldwide Corporation has a 52-week low of $59.33 and a 52-week high of $128.75. The stock has a market capitalization of $3.43 billion, a PE ratio of 22.85 and a beta of 1.13. The firm’s 50-day moving average is $117.26 and its 200 day moving average is $113.34.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Investors of record on Thursday, September 21st were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend was Wednesday, September 20th. Marriot Vacations Worldwide Corporation’s dividend payout ratio (DPR) is currently 25.18%.

Marriot Vacations Worldwide Corporation declared that its board has authorized a share repurchase plan on Thursday, August 3rd that allows the company to repurchase 1,000,000 shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

A number of research firms recently weighed in on VAC. Deutsche Bank AG reaffirmed a “hold” rating and issued a $112.00 target price (up previously from $92.00) on shares of Marriot Vacations Worldwide Corporation in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Marriot Vacations Worldwide Corporation from a “hold” rating to a “buy” rating and set a $129.00 target price for the company in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Marriot Vacations Worldwide Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. ValuEngine downgraded shares of Marriot Vacations Worldwide Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Telsey Advisory Group raised their target price on shares of Marriot Vacations Worldwide Corporation from $113.00 to $120.00 and gave the company a “market perform” rating in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Marriot Vacations Worldwide Corporation presently has an average rating of “Hold” and an average target price of $126.86.

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In other news, major shareholder J W. Marriott, Jr. sold 5,962 shares of Marriot Vacations Worldwide Corporation stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $114.18, for a total value of $680,741.16. Following the completion of the transaction, the insider now owns 12,144 shares of the company’s stock, valued at approximately $1,386,601.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Brian E. Miller sold 10,500 shares of Marriot Vacations Worldwide Corporation stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $114.61, for a total transaction of $1,203,405.00. Following the completion of the transaction, the vice president now directly owns 12,058 shares of the company’s stock, valued at approximately $1,381,967.38. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by company insiders.

Marriot Vacations Worldwide Corporation Company Profile

Marriott Vacations Worldwide Corporation focuses on vacation ownership, based on number of owners, number of resorts and revenues. The Company is an exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

Earnings History for Marriot Vacations Worldwide Corporation (NYSE:VAC)

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