Notable News Spotlight: Marriott Vacations Worldwide Corporation (NYSE:VAC)

Robert Cieslak

Marriott Vacations Worldwide Corporation (NYSE:VAC) changed 3.63% to recent value of $101.05. The stock transacted 689328 shares during most recent day however it has an average volume of 370.41K shares. It spotted trading -15.30% off 52-week high price. On the other end, the stock has been noted 66.54% away from the low price over the last 52-weeks.

On Sept. 05, 2019, Marriott Vacations Worldwide Corporation (NYSE:VAC) notified its board of directors authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend is payable on October 3, 2019 to shareholders of record as of September 19, 2019.

About Marriott Vacations Worldwide Corporation

Marriott Vacation Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. The company maintains a diverse portfolio, including seven vacation ownership brands, exchange networks, membership programs, and management of other resorts and lodging properties. As a leader and innovator in the vacation industry, the company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International and Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services.

 VAC has a gross margin of 52.10% and an operating margin of 5.90% while its profit margin remained 2.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained -73.20% for this year while earning per share for the next 5-years is expected to reach at 1.81%.

 The company has 44.4M of outstanding shares and 38.46M shares were floated in the market.  The price moved ahead of 8.49% from the mean of 20 days, 6.03% from mean of 50 days SMA and performed 10.55% from mean of 200 days price. Company’s performance for the week was 3.48%, 17.97% for month and YTD performance remained 43.31%.

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