$2.28 Earnings Per Share Expected for Marriott Vacations Worldwide Co. (NYSE:VAC) This Quarter

Brokerages forecast that Marriott Vacations Worldwide Co. (NYSE:VACGet Rating) will announce earnings of $2.28 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Marriott Vacations Worldwide’s earnings. The lowest EPS estimate is $1.75 and the highest is $2.57. Marriott Vacations Worldwide posted earnings per share of $0.85 during the same quarter last year, which suggests a positive year over year growth rate of 168.2%. The business is expected to report its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Marriott Vacations Worldwide will report full year earnings of $9.66 per share for the current financial year, with EPS estimates ranging from $9.48 to $9.99. For the next year, analysts expect that the company will post earnings of $11.53 per share, with EPS estimates ranging from $10.39 to $12.00. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Marriott Vacations Worldwide.

Marriott Vacations Worldwide (NYSE:VACGet Rating) last posted its earnings results on Thursday, May 5th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.53 by $0.17. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Marriott Vacations Worldwide had a net margin of 3.23% and a return on equity of 9.84%. The company’s quarterly revenue was up 38.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.49) EPS.

Separately, StockNews.com assumed coverage on shares of Marriott Vacations Worldwide in a research note on Thursday, March 31st. They issued a “hold” rating for the company. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $202.60.

Shares of NYSE:VAC traded up $5.90 during mid-day trading on Friday, reaching $142.19. The company had a trading volume of 609,347 shares, compared to its average volume of 329,345. Marriott Vacations Worldwide has a one year low of $132.79 and a one year high of $176.85. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 47.40 and a beta of 2.14. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 1.60. The company’s 50-day moving average price is $150.03 and its 200-day moving average price is $158.45.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 9th. Stockholders of record on Thursday, May 26th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, May 25th. Marriott Vacations Worldwide’s dividend payout ratio is currently 82.67%.

In related news, VP Michael E. Yonker sold 1,000 shares of the business’s stock in a transaction on Friday, March 25th. The shares were sold at an average price of $155.35, for a total value of $155,350.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lizabeth Kane-Hanan sold 6,308 shares of the business’s stock in a transaction on Friday, March 18th. The shares were sold at an average price of $157.44, for a total transaction of $993,131.52. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in VAC. Total Clarity Wealth Management Inc. purchased a new position in Marriott Vacations Worldwide in the fourth quarter worth $25,000. Sageworth Trust Co of South Dakota acquired a new position in shares of Marriott Vacations Worldwide in the fourth quarter worth about $28,000. UMB Bank N A MO acquired a new position in shares of Marriott Vacations Worldwide in the fourth quarter worth about $31,000. Penserra Capital Management LLC acquired a new position in shares of Marriott Vacations Worldwide in the first quarter worth about $40,000. Finally, Cornerstone Advisory LLC acquired a new position in shares of Marriott Vacations Worldwide during the 4th quarter worth about $43,000. 86.67% of the stock is owned by institutional investors.

About Marriott Vacations Worldwide (Get Rating)

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands.

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Earnings History and Estimates for Marriott Vacations Worldwide (NYSE:VAC)

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