Vail Resorts, Inc. (MTN) – What Are Analysts Saying About This Stock?

Shares of Vail Resorts, Inc. (NYSE:MTN) have been given an average rating of “Hold” by the seventeen brokerages that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $150.00.

MTN has been the topic of several research reports. UBS Group reiterated a “neutral” rating on shares of Vail Resorts in a research note on Friday, September 18th. Zacks Research raised shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. Citigroup started coverage on shares of Vail Resorts in a research note on Thursday, October 15th. They set a “market perform” rating for the company. The Goldman Sachs Group started coverage on shares of Vail Resorts in a report on Thursday, August 13th. They set a “sell” rating and a $132.00 price target on the stock. Finally, JPMorgan Chase & Co. boosted their price target on shares of Vail Resorts from $126.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, September 29th.

Institutional Trading of Vail Resorts

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lmcg Investments LLC lifted its position in shares of Vail Resorts by 58.2% in the third quarter. Lmcg Investments LLC now owns 30,406 shares of the company’s stock worth $4,171,000 after buying an additional 11,188 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Vail Resorts by 24.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,733 shares of the company’s stock worth $512,000 after acquiring an additional 738 shares in the last quarter. Midway Capital Research & Management increased its holdings in shares of Vail Resorts by 3.1% during the 3rd quarter. Midway Capital Research & Management now owns 9,550 shares of the company’s stock valued at $1,310,000 after acquiring an additional 283 shares during the last quarter. Jeppson Wealth Management LLC increased its holdings in shares of Vail Resorts by 1.8% during the 3rd quarter. Jeppson Wealth Management LLC now owns 4,182 shares of the company’s stock valued at $574,000 after acquiring an additional 74 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC raised its stake in shares of Vail Resorts by 12.0% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 5,196 shares of the company’s stock valued at $713,000 after acquiring an additional 555 shares in the last quarter. Institutional investors and hedge funds own 94.90% of the company’s stock.

Vail Resorts Trading Down 3.0%

NYSE:MTN opened at $146.84 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.80 and a debt-to-equity ratio of 5.57. Vail Resorts has a 1-year low of $118.51 and a 1-year high of $163.34. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of 35.47, a price-to-earnings-growth ratio of 11.13 and a beta of 0.76. The stock has a fifty day simple moving average of $142.83 and a 200 day simple moving average of $138.60.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, September 28th. The company reported ($5.34) earnings per share for the quarter, topping the consensus estimate of ($5.35) by $0.01. Vail Resorts had a net margin of 5.20% and a return on equity of 22.82%. The business had revenue of $278.07 million for the quarter, compared to the consensus estimate of $269.30 million. During the same period last year, the firm posted ($5.08) earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Sell-side analysts forecast that Vail Resorts will post 5.51 earnings per share for the current year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 27th. Investors of record on Thursday, October 8th will be given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, October 8th. Vail Resorts’s dividend payout ratio (DPR) is presently 214.49%.

Vail Resorts Company Profile

Vail Resorts, Inc is a mountain resort company that operates ski and summer resorts, lodging properties, restaurants, retail locations and ski and snowboard schools. Its business serves vacationers, season-pass holders and day visitors through a combination of resort operations, hospitality and recreational services.

The company’s portfolio includes well-known North American destinations such as Vail, Beaver Creek, Breckenridge, Keystone, Park City, Whistler Blackcomb, Stowe and Heavenly.