Vail Resorts (MTN) to Release Quarterly Earnings on Monday

Vail Resorts (NYSE:MTN) is projected to issue its quarterly earnings data after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of $6.29 per share and revenue of $1.14 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. During the same quarter in the prior year, the company earned ($4.60) EPS. Vail Resorts’s revenue was up .7% compared to the same quarter last year. On average, analysts expect Vail Resorts to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Vail Resorts Stock Performance

Vail Resorts stock opened at $157.35 on Friday. The firm has a 50 day simple moving average of $169.61 and a 200-day simple moving average of $176.19. Vail Resorts has a 1-year low of $153.51 and a 1-year high of $233.57. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.64%. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Wall Street Analyst Weigh In

MTN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research note on Monday, December 9th. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Mizuho increased their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Stifel Nicolaus increased their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $197.00 price objective on shares of Vail Resorts in a research report on Monday, December 23rd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $199.44.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.