17-May-2024
Marriott Vacations Shareholders Approve Governance Measures
TipRanks (Tue, 14-May 5:03 PM ET)
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
Business Wire (Thu, 9-May 5:41 PM ET)
Marriott Vacations Worldwide Reports First Quarter 2024 Financial Results
Business Wire (Mon, 6-May 4:15 PM ET)
Marriott Vacations Worldwide and Make-A-Wish Grant 100th Wish in Orlando
Business Wire (Mon, 29-Apr 10:30 AM ET)
Marriott Vacations Worldwide Recognized with Multiple Awards at ARDA Spring Conference 2024
Business Wire (Wed, 24-Apr 1:27 PM ET)
Business Wire (Thu, 11-Apr 9:00 AM ET)
Business Wire (Thu, 28-Mar 8:30 AM ET)
Marriott Vacations Worldwide Completes $430 Million Term Securitization
Business Wire (Thu, 14-Mar 12:47 PM ET)
Business Wire (Thu, 29-Feb 9:00 AM ET)
Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Wed, 21-Feb 4:34 PM ET)
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Marriott Vacations Worldwide trades on the NYSE stock market under the symbol VAC.
As of May 17, 2024, VAC stock price declined to $98.18 with 187,851 million shares trading.
VAC has a beta of 0.86, meaning it tends to be less sensitive to market movements. VAC has a correlation of 0.10 to the broad based SPY ETF.
VAC has a market cap of $3.45 billion. This is considered a Mid Cap stock.
Last quarter Marriott Vacations Worldwide reported $1 billion in Revenue and $1.80 earnings per share. This beat revenue expectation by $25 million and exceeded earnings estimates by $.11.
In the last 3 years, VAC stock traded as high as $176.85 and as low as $72.78.
The top ETF exchange traded funds that VAC belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
VAC has underperformed the market in the last year with a price return of -20.4% while the SPY ETF gained +29.1%. However, in the short term, VAC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.1% vs +6.3% return in SPY. But in the last 2 weeks, VAC shares have been beat by the market, returning +1.0% compared to an SPY return of +3.6%.
VAC support price is $97.82 and resistance is $102.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VAC stock will trade within this expected range on the day.