Marriott Vacations Worldwide (VAC) Projected to Post Quarterly Earnings on Wednesday

Marriott Vacations Worldwide (NYSE:VAC) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $1.24 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Marriott Vacations Worldwide Stock Up 3.2 %

Shares of Marriott Vacations Worldwide stock opened at $86.80 on Tuesday. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 0.67 and a beta of 1.83. The company’s 50 day moving average is $87.11 and its 200 day moving average is $82.93. Marriott Vacations Worldwide has a twelve month low of $67.28 and a twelve month high of $108.57. The company has a quick ratio of 2.86, a current ratio of 3.53 and a debt-to-equity ratio of 2.19.

Marriott Vacations Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be given a dividend of $0.79 per share. The ex-dividend date is Wednesday, March 5th. This represents a $3.16 dividend on an annualized basis and a yield of 3.64%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is 60.19%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on VAC shares. The Goldman Sachs Group increased their price objective on shares of Marriott Vacations Worldwide from $70.00 to $85.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. Truist Financial increased their price target on shares of Marriott Vacations Worldwide from $139.00 to $142.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus increased their price target on shares of Marriott Vacations Worldwide from $102.00 to $112.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley initiated coverage on shares of Marriott Vacations Worldwide in a research report on Monday, January 6th. They issued an “underweight” rating and a $87.00 price target on the stock. Finally, StockNews.com upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $105.50.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management.