Equities analysts expect Marriott Vacations Worldwide Corp (NYSE:VAC) to post sales of $1.08 billion for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Marriott Vacations Worldwide’s earnings, with the lowest sales estimate coming in at $1.06 billion and the highest estimate coming in at $1.12 billion. Marriott Vacations Worldwide reported sales of $570.85 million during the same quarter last year, which would suggest a positive year over year growth rate of 89.2%. The firm is scheduled to report its next earnings report on Thursday, May 2nd.

On average, analysts expect that Marriott Vacations Worldwide will report full year sales of $4.46 billion for the current year, with estimates ranging from $4.41 billion to $4.53 billion. For the next year, analysts expect that the company will post sales of $4.73 billion, with estimates ranging from $4.62 billion to $4.90 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Marriott Vacations Worldwide.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings results on Thursday, February 28th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.44 by $0.05. Marriott Vacations Worldwide had a net margin of 1.85% and a return on equity of 8.45%.

Several equities analysts have recently commented on VAC shares. ValuEngine cut shares of Marriott Vacations Worldwide from a “sell” rating to a “strong sell” rating in a report on Friday, December 21st. Deutsche Bank reduced their price objective on shares of Marriott Vacations Worldwide from $134.00 to $93.00 and set a “hold” rating for the company in a research note on Monday, January 7th. Zacks Investment Research lowered shares of Marriott Vacations Worldwide from a “buy” rating to a “hold” rating in a research note on Saturday, February 9th. Nomura reduced their price objective on shares of Marriott Vacations Worldwide from $158.00 to $136.00 and set a “buy” rating for the company in a research note on Thursday, February 28th. Finally, SunTrust Banks lifted their price objective on shares of Marriott Vacations Worldwide to $149.00 and gave the company a “positive” rating in a research note on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Marriott Vacations Worldwide presently has a consensus rating of “Buy” and an average price target of $128.83.

Shares of Marriott Vacations Worldwide stock traded up $1.67 on Thursday, hitting $101.83. 347,900 shares of the company traded hands, compared to its average volume of 456,653. The company has a quick ratio of 2.71, a current ratio of 3.49 and a debt-to-equity ratio of 1.10. Marriott Vacations Worldwide has a 12-month low of $60.67 and a 12-month high of $138.46. The stock has a market cap of $4.47 billion, a P/E ratio of 17.32, a P/E/G ratio of 1.41 and a beta of 1.62.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 28th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, February 27th. Marriott Vacations Worldwide’s payout ratio is presently 30.61%.

In related news, SVP Laurie A. Sullivan sold 2,857 shares of Marriott Vacations Worldwide stock in a transaction on Friday, March 29th. The shares were sold at an average price of $95.87, for a total value of $273,900.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.30% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers lifted its position in Marriott Vacations Worldwide by 50.4% during the 4th quarter. Rhumbline Advisers now owns 125,884 shares of the company’s stock worth $8,876,000 after acquiring an additional 42,203 shares during the last quarter. Key Square Capital Management LLC acquired a new position in Marriott Vacations Worldwide during the 3rd quarter worth $33,525,000. Teachers Advisors LLC lifted its position in Marriott Vacations Worldwide by 86.6% during the 3rd quarter. Teachers Advisors LLC now owns 76,692 shares of the company’s stock worth $8,570,000 after acquiring an additional 35,594 shares during the last quarter. Cerebellum GP LLC lifted its position in Marriott Vacations Worldwide by 159.9% during the 4th quarter. Cerebellum GP LLC now owns 3,509 shares of the company’s stock worth $247,000 after acquiring an additional 2,159 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in Marriott Vacations Worldwide by 1,426.5% during the 4th quarter. Prudential Financial Inc. now owns 504,921 shares of the company’s stock worth $35,602,000 after acquiring an additional 471,845 shares during the last quarter. 84.40% of the stock is owned by hedge funds and other institutional investors.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management.

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