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

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VAC. Zacks Research downgraded Marriott Vacations Worldwide from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Wells Fargo & Company lifted their price objective on shares of Marriott Vacations Worldwide from $58.00 to $66.00 and gave the company an “underweight” rating in a research note on Thursday, May 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Marriott Vacations Worldwide in a research note on Friday, June 12th. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research note on Wednesday, May 6th. Finally, Citizens Jmp cut shares of Marriott Vacations Worldwide from an “outperform” rating to a “market perform” rating in a report on Monday, March 9th. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $83.70.

Marriott Vacations Worldwide Trading Down 0.6%

The company has a debt-to-equity ratio of 2.80, a current ratio of 3.30 and a quick ratio of 2.77. The firm has a fifty day simple moving average of $79.26 and a 200-day simple moving average of $67.39. The firm has a market cap of $3.34 billion, a P/E ratio of -9.67, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25.

Marriott Vacations Worldwide (NYSE:VAC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.24 EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 7.050-7.800 EPS. On average, equities research analysts expect that Marriott Vacations Worldwide Corporation will post 7.26 earnings per share for the current year.

Marriott Vacations Worldwide Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in shares of Marriott Vacations Worldwide during the third quarter worth about $27,000. IFP Advisors Inc lifted its position in Marriott Vacations Worldwide by 1,828.0% in the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock valued at $32,000 after acquiring an additional 457 shares in the last quarter. Leonteq Securities AG bought a new position in Marriott Vacations Worldwide in the 4th quarter valued at about $35,000. Kestra Advisory Services LLC bought a new position in Marriott Vacations Worldwide in the 4th quarter valued at about $37,000. Finally, International Assets Investment Management LLC boosted its stake in Marriott Vacations Worldwide by 877.2% during the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after purchasing an additional 500 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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.