|Bid||15.29 x 2200|
|Ask||15.33 x 900|
|Day's Range||15.13 - 15.47|
|52 Week Range||10.68 - 26.22|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||13.05|
|Forward Dividend & Yield||0.68 (4.58%)|
|1y Target Est||15.00|
Vacation Ownership Company Taps Firm's Extensive Travel Experience and Consumer Lifestyle Expertise NEW YORK , March 28, 2019 /PRNewswire/ -- Leading private vacation ownership company Bluegreen Vacations, ...
BBX Capital Corporation (NYSE: BBX, OTCQX: BBXTB) (“BBX Capital” or “BBX”) announced today that its approximately 90% owned subsidiary, Bluegreen Vacations Corporation (“Bluegreen”) (BXG), had received a formal notice from Bass Pro Inc. and Big Cedar L.L.C. ("Bass Pro") notifying Bluegreen that Bass Pro intends to cancel Bluegreen's access to the Bass Pro marketing channels and advertising materials 30 days from the date of the notice unless Bluegreen cures certain alleged breaches to Bass Pro's satisfaction. BBX has advised Bluegreen that in light of this issue, it is re-evaluating the previously announced short form merger of its subsidiary with Bluegreen which would have taken Bluegreen private and that it may choose not to proceed with the merger.
About 17 months after going public with an IPO, Bluegreen Vacations Corp. will be taken private, the company announced on March 4. Fort Lauderdale-based BBX Capital Corp. (NYSE: BBX) beneficially owns about 90 percent of the common stock of Boca Raton-based timeshare developer Bluegreen (NYSE: BXG). When Bluegreen launched its IPO in November 2017, its shares were priced at $14 each. “While Bluegreen went public in November 2017, the anticipated benefits of becoming a public company were not fully realized and the costs and management time associated with being a public company were significant,” Bluegreen said in a news release.
OTCQX: BBXTB) ("BBX Capital") announced today that it intends to take Bluegreen Vacations Corporation (BXG) ("Bluegreen") private through a statutory short-form merger under Florida law. In the merger, a newly-formed subsidiary of Woodbridge Holdings Corporation ("Woodbridge"), a wholly owned subsidiary of BBX Capital, would merge with and into Bluegreen, with Bluegreen being the surviving company of the merger. As a result of the merger, each share of Bluegreen's common stock outstanding at the effective time of the merger, other than shares beneficially owned by BBX Capital and shareholders who duly exercise and perfect appraisal rights in accordance with Florida law, will be converted into the right to receive $16.00 per share in cash.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Bluegreen Vacations Corporation (NYSE:BXG) has started paying a dividend toRead More...
FORT LAUDERDALE, Fla., Feb. 22, 2019 -- BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital"), announced that Bluegreen Vacations Corporation (NYSE: BXG), which is.
Bluegreen Vacations (BXG) delivered earnings and revenue surprises of 17.39% and -6.35%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Boca Raton, Florida-based company said it had net income of 27 cents. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks ...
Bluegreen Vacations (BXG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Many years ago, I'd run across Silverleaf Resorts, a net/net at the time that was ultimately taken private in 2011. It was an ugly business, selling timeshares, then making money on the loans used to finance them, and one that seemed to run into trouble often, especially during economic struggles.
FORT LAUDERDALE, Fla., Feb. 05, 2019 -- BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital"), announced that Bluegreen Vacations Corporation (NYSE: BXG), which is.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Bluegreen Vacations Corporation (BXG) ("Bluegreen Vacations" or the “Company") announced today that its board of directors has declared a quarterly common stock cash dividend of $0.17 per share. Bluegreen Vacations Corporation (BXG) is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with approximately 216,000 owners, 69 Club and Club Associate Resorts and access to more than 11,100 other hotels and resorts through partnerships and exchange networks as of September 30, 2018.
FORT LAUDERDALE, Fla., Dec. 14, 2018 -- BBX Capital Corporation (NYSE: BBX, OTCQX: BBXTB) (“BBX Capital” or the “Company”) announced today that the Company’s Board of Directors.
BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX, OTCQX: BBXTB) (“BBX” or the “Company”), and The Altman Companies, jointly announced that BBX Capital Real Estate has acquired a fifty percent (50%) membership interest in The Altman Companies, LLC (“Altman Companies”) for $21.6 million from founder Joel Altman. The transaction, which was previously announced on October 19, 2018 includes membership interests in Altman Development Company, Altman-Glenewinkel Construction and Altman Management Company and interests in the manager of seven multi-family real estate developments. One of the eight developments in which BBX was to acquire an interest in was sold, which reduced the purchase price from the previously announced $22.7 million to $21.6 million.
BBX Capital Corporation (BBX) (BBXTB) ("BBX Capital"), announced that Bluegreen Vacations Corporation (BXG), which is 90% owned by BBX Capital, issued the following press release. Please see the Bluegreen press release below. BOCA RATON, FL – Bluegreen Vacations Corporation (BXG) (“Bluegreen” or “the Company”) announced that its Board of Directors has approved a share repurchase program, which authorizes the repurchase of a total of up to 3,000,000 shares of the Company’s Common Stock at an aggregate cost of no more than $35 million. The program authorizes the Company, in management’s discretion, to repurchase shares from time to time subject to market conditions and other factors.