Marriott Vacations Worldwide (NYSE:VAC) Hits New 12-Month High – Should You Buy?

Marriott Vacations Worldwide Corporation (NYSE:VAC)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $92.04 and last traded at $92.6880, with a volume of 16293 shares traded. The stock had previously closed at $89.51.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VAC. Stifel Nicolaus raised their target price on Marriott Vacations Worldwide from $77.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Jefferies Financial Group raised Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and lifted their price objective for the company from $52.00 to $105.00 in a research report on Monday, March 2nd. Morgan Stanley lifted their price objective on Marriott Vacations Worldwide from $50.00 to $51.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Weiss Ratings cut Marriott Vacations Worldwide from a “hold (c-)” rating to a “sell (d)” rating in a research report on Tuesday, March 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $92.00 price objective on shares of Marriott Vacations Worldwide in a research report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $83.70.

Marriott Vacations Worldwide Trading Down 1.6%

The stock has a market cap of $3.03 billion, a price-to-earnings ratio of -8.74, a PEG ratio of 2.04 and a beta of 1.25. The company has a quick ratio of 2.77, a current ratio of 3.30 and a debt-to-equity ratio of 2.80. The business has a 50-day moving average of $75.28 and a 200-day moving average of $65.35.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43). Marriott Vacations Worldwide had a negative net margin of 6.72% and a positive return on equity of 11.37%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the business posted $1.66 EPS. Marriott Vacations Worldwide’s revenue for the quarter was up 4.8% on a year-over-year basis. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. As a group, research analysts forecast that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current year.

Marriott Vacations Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 3.6%. The ex-dividend date was Wednesday, May 27th. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is -31.71%.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several institutional investors have recently bought and sold shares of VAC. Capital World Investors bought a new position in Marriott Vacations Worldwide during the third quarter valued at about $226,000. Vanguard Group Inc. increased its stake in Marriott Vacations Worldwide by 7.4% during the fourth quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock valued at $195,730,000 after acquiring an additional 234,105 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in Marriott Vacations Worldwide during the fourth quarter valued at about $12,633,000. AQR Capital Management LLC increased its stake in Marriott Vacations Worldwide by 157.8% during the fourth quarter. AQR Capital Management LLC now owns 351,552 shares of the company’s stock valued at $20,281,000 after acquiring an additional 215,202 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Marriott Vacations Worldwide by 41.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 399,668 shares of the company’s stock valued at $23,057,000 after acquiring an additional 117,030 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.