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

Marriott Vacations Worldwide Corporation (NYSE:VAC) hit a new 52-week high during trading on Monday . The stock traded as high as $100.02 and last traded at $98.37, with a volume of 739135 shares. The stock had previously closed at $97.97.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Marriott Vacations Worldwide from a “sell” rating to a “buy” rating and set a $100.00 price target on the stock in a research note on Monday, June 1st. Barclays upped their price objective on shares of Marriott Vacations Worldwide from $80.00 to $94.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $92.00 price objective on shares of Marriott Vacations Worldwide in a research note on Thursday, April 30th. Weiss Ratings restated a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research report on Friday, June 12th. Finally, Wells Fargo & Company boosted their target price on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the stock an “underweight” rating in a research note on Thursday, May 7th. Seven 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 MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $83.70.

Marriott Vacations Worldwide Stock Down 0.6%

The stock has a 50 day moving average price of $79.26 and a 200 day moving average price of $67.39. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of -9.67, a price-to-earnings-growth ratio of 2.23 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.

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

Marriott Vacations Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.20 annualized dividend and a dividend yield of 3.3%. Marriott Vacations Worldwide’s dividend payout ratio (DPR) is presently -31.71%.

Institutional Trading of Marriott Vacations Worldwide

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in Marriott Vacations Worldwide by 7.4% during the 4th quarter. Vanguard Group Inc. now owns 3,392,787 shares of the company’s stock worth $195,730,000 after purchasing an additional 234,105 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Marriott Vacations Worldwide by 2.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,950,309 shares of the company’s stock worth $129,820,000 after purchasing an additional 54,285 shares during the period. Ananym Capital Management LP boosted its stake in shares of Marriott Vacations Worldwide by 0.4% in the 4th quarter. Ananym Capital Management LP now owns 736,947 shares of the company’s stock valued at $42,514,000 after purchasing an additional 3,200 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Marriott Vacations Worldwide by 11.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 705,629 shares of the company’s stock valued at $46,967,000 after purchasing an additional 69,652 shares during the last quarter. Finally, Deprince Race & Zollo Inc. increased its position in shares of Marriott Vacations Worldwide by 5.4% during the first quarter. Deprince Race & Zollo Inc. now owns 524,247 shares of the company’s stock worth $34,139,000 after buying an additional 26,824 shares during the period. Institutional investors own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

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.