Marriott Vacations Worldwide (NYSE:VAC) Sets New 52-Week Low – Here’s Why

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $45.92 and last traded at $45.9760, with a volume of 288375 shares changing hands. The stock had previously closed at $47.21.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley set a $70.00 target price on Marriott Vacations Worldwide in a research report on Wednesday, October 22nd. Stifel Nicolaus set a $83.00 price objective on shares of Marriott Vacations Worldwide in a report on Thursday, November 6th. Weiss Ratings lowered shares of Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. Citizens Jmp reduced their price target on shares of Marriott Vacations Worldwide from $115.00 to $60.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Finally, Mizuho lowered shares of Marriott Vacations Worldwide from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $85.00 to $58.00 in a report on Tuesday. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $67.14.

Marriott Vacations Worldwide Price Performance

The company has a debt-to-equity ratio of 2.29, a current ratio of 3.87 and a quick ratio of 3.22. The company’s 50-day moving average price is $66.97 and its 200-day moving average price is $70.72. The company has a market cap of $1.57 billion, a P/E ratio of 10.18, a P/E/G ratio of 1.00 and a beta of 1.50.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.64 by $0.05. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Marriott Vacations Worldwide had a net margin of 3.44% and a return on equity of 11.44%. The firm’s revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.80 EPS. Marriott Vacations Worldwide has set its FY 2025 guidance at 6.700-7.100 EPS. As a group, sell-side analysts predict that Marriott Vacations Worldwide Corporation will post 6.23 earnings per share for the current fiscal year.

Marriott Vacations Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, September 17th were issued a dividend of $0.79 per share. The ex-dividend date was Wednesday, September 17th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 7.0%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently 70.85%.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Institutional investors have recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. grew its stake in shares of Marriott Vacations Worldwide by 32.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,822,687 shares of the company’s stock worth $117,089,000 after acquiring an additional 444,126 shares in the last quarter. Norges Bank acquired a new position in Marriott Vacations Worldwide during the second quarter worth $27,971,000. Senvest Management LLC grew its position in Marriott Vacations Worldwide by 19.4% in the second quarter. Senvest Management LLC now owns 1,816,012 shares of the company’s stock valued at $131,316,000 after purchasing an additional 294,937 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Marriott Vacations Worldwide by 71.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 635,977 shares of the company’s stock valued at $45,987,000 after buying an additional 265,278 shares during the last quarter. Finally, Capital World Investors bought a new stake in Marriott Vacations Worldwide during the 3rd quarter worth about $226,000. Institutional investors own 89.52% of the company’s stock.

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.