Vail Resorts (NYSE:MTN – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($4.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39), Briefing.com reports. The business had revenue of $265.39 million during the quarter, compared to analyst estimates of $264.84 million. Vail Resorts had a net margin of 9.59% and a return on equity of 23.41%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted ($3.35) EPS.
Vail Resorts Stock Performance
NYSE MTN traded down $7.34 on Friday, reaching $180.61. The stock had a trading volume of 1,538,764 shares, compared to its average volume of 527,957. The business’s 50-day moving average price is $179.54 and its 200 day moving average price is $191.96. The stock has a market cap of $6.79 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.14. Vail Resorts has a 12-month low of $165.14 and a 12-month high of $242.47. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18.
Vail Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be issued a $2.22 dividend. This represents a $8.88 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend is Tuesday, October 8th. Vail Resorts’s payout ratio is currently 120.82%.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on MTN
Vail Resorts Company Profile
Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.
See Also
- Five stocks we like better than Vail Resorts
- Market Cap Calculator: How to Calculate Market Cap
- CarMax’s Impressive Rally: What Investors Should Watch Next
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- MarketBeat Week in Review – 9/23 – 9/27
- How to Read Stock Charts for Beginners
- Wake Up to This Biotech Stock That Still Has Big Potential Upside
Receive News & Ratings for Vail Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vail Resorts and related companies with MarketBeat.com's FREE daily email newsletter.