Vail Resorts, Inc. (NYSE:MTN) – Equities researchers at KeyCorp boosted their Q4 2019 earnings per share estimates for Vail Resorts in a research note issued to investors on Monday, February 4th. KeyCorp analyst B. Andress now anticipates that the company will post earnings per share of ($2.17) for the quarter, up from their previous estimate of ($2.20). KeyCorp currently has a “Buy” rating and a $210.00 target price on the stock.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Friday, December 7th. The company reported ($2.66) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.44) by ($0.22). The company had revenue of $220.00 million during the quarter, compared to the consensus estimate of $235.08 million. Vail Resorts had a return on equity of 13.55% and a net margin of 14.94%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($2.00) earnings per share.

MTN has been the subject of a number of other reports. Zacks Investment Research downgraded Vail Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. ValuEngine downgraded Vail Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Berenberg Bank upgraded Vail Resorts from a “hold” rating to a “buy” rating in a research report on Monday, October 29th. Stifel Nicolaus restated a “hold” rating on shares of Vail Resorts in a research report on Friday, January 11th. Finally, Bank of America downgraded Vail Resorts from a “buy” rating to a “neutral” rating in a research report on Friday, January 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $280.75.

Shares of MTN opened at $201.67 on Thursday. The firm has a market capitalization of $8.21 billion, a P/E ratio of 32.06 and a beta of 0.62. Vail Resorts has a 52-week low of $179.60 and a 52-week high of $302.76. The company has a quick ratio of 0.35, a current ratio of 0.50 and a debt-to-equity ratio of 0.96.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 10th. Investors of record on Thursday, December 27th were given a $1.47 dividend. The ex-dividend date was Wednesday, December 26th. This represents a $5.88 dividend on an annualized basis and a yield of 2.92%. Vail Resorts’s dividend payout ratio is presently 93.48%.

In other news, Director John F. Sorte sold 2,134 shares of Vail Resorts stock in a transaction on Wednesday, December 12th. The stock was sold at an average price of $240.02, for a total transaction of $512,202.68. Following the completion of the sale, the director now directly owns 47,314 shares in the company, valued at $11,356,306.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.90% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its position in shares of Vail Resorts by 5.3% during the fourth quarter. BlackRock Inc. now owns 2,354,160 shares of the company’s stock worth $496,306,000 after purchasing an additional 117,827 shares during the last quarter. FMR LLC lifted its position in shares of Vail Resorts by 8.2% during the third quarter. FMR LLC now owns 1,383,743 shares of the company’s stock worth $379,726,000 after purchasing an additional 105,357 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Vail Resorts by 19.9% during the fourth quarter. Jennison Associates LLC now owns 561,557 shares of the company’s stock worth $118,387,000 after purchasing an additional 93,183 shares during the last quarter. Westfield Capital Management Co. LP lifted its position in shares of Vail Resorts by 177.1% during the fourth quarter. Westfield Capital Management Co. LP now owns 388,804 shares of the company’s stock worth $81,968,000 after purchasing an additional 248,474 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Vail Resorts by 5.3% during the fourth quarter. Victory Capital Management Inc. now owns 372,733 shares of the company’s stock worth $78,579,000 after purchasing an additional 18,805 shares during the last quarter. Institutional investors and hedge funds own 95.77% of the company’s stock.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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