Equities analysts predict that Marriott Vacations Worldwide Corp (NYSE:VAC) will announce earnings of $1.69 per share for the current quarter, Zacks reports. Four analysts have issued estimates for Marriott Vacations Worldwide’s earnings. The highest EPS estimate is $1.80 and the lowest is $1.59. Marriott Vacations Worldwide posted earnings of $1.39 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 21.6%. The firm is expected to report its next quarterly earnings results on Thursday, May 2nd.
According to Zacks, analysts expect that Marriott Vacations Worldwide will report full-year earnings of $7.78 per share for the current financial year, with EPS estimates ranging from $7.70 to $7.86. For the next year, analysts anticipate that the business will post earnings of $8.88 per share, with EPS estimates ranging from $8.14 to $9.54. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Marriott Vacations Worldwide.
Marriott Vacations Worldwide (NYSE:VAC) last issued its quarterly earnings results on Thursday, February 28th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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%.
Shares of VAC traded up $0.33 on Tuesday, reaching $97.11. The company’s stock had a trading volume of 4,841 shares, compared to its average volume of 446,936. The company has a current ratio of 3.49, a quick ratio of 2.71 and a debt-to-equity ratio of 1.10. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 1.33 and a beta of 1.63. Marriott Vacations Worldwide has a 12-month low of $60.67 and a 12-month high of $138.46.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Thursday, February 28th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend was Wednesday, February 27th. Marriott Vacations Worldwide’s payout ratio is currently 30.61%.
In related news, SVP Laurie A. Sullivan sold 2,857 shares of the business’s 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. boosted its stake in shares of Marriott Vacations Worldwide by 0.8% during the fourth quarter. BlackRock Inc. now owns 4,715,828 shares of the company’s stock valued at $332,514,000 after purchasing an additional 39,735 shares during the period. Vanguard Group Inc. boosted its stake in shares of Marriott Vacations Worldwide by 63.2% during the third quarter. Vanguard Group Inc. now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after purchasing an additional 1,327,758 shares during the period. Vanguard Group Inc boosted its stake in shares of Marriott Vacations Worldwide by 63.2% during the third quarter. Vanguard Group Inc now owns 3,428,227 shares of the company’s stock valued at $383,104,000 after purchasing an additional 1,327,758 shares during the period. Bamco Inc. NY boosted its stake in shares of Marriott Vacations Worldwide by 14.5% during the third quarter. Bamco Inc. NY now owns 3,091,578 shares of the company’s stock valued at $345,484,000 after purchasing an additional 392,033 shares during the period. Finally, FMR LLC boosted its stake in shares of Marriott Vacations Worldwide by 9.9% during the third quarter. FMR LLC now owns 1,450,041 shares of the company’s stock valued at $162,041,000 after purchasing an additional 130,811 shares during the period. 80.92% of the stock is owned by 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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