16.09 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||16.09 x 800|
|Ask||25.00 x 1400|
|Day's Range||16.03 - 16.11|
|52 Week Range||10.68 - 26.22|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||13.67|
|Forward Dividend & Yield||0.68 (4.26%)|
|1y Target Est||15.00|
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.
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. 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.
FORT LAUDERDALE, Fla., Nov. 26, 2018 -- BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX, OTCQX: BBXTB), in a joint venture partnership with ContraVest.
Bluegreen Vacations Corporation (BXG) ("Bluegreen" or the “Company"), a leading vacation ownership company, is proud to announce the Éilan Hotel & Spa, a prestigious property it acquired earlier this year, has once again received a AAA Four Diamond Rating – a distinction awarded to only six percent of the nearly 30,000 hotels AAA inspects and approves each year. The Éilan Hotel & Spa first received the coveted Four Diamond Rating in 2012 and has continued its exceptional service and guest experience as a recipient this year under Bluegreen Vacations and as a member of the Ascend Hotel Collection portfolio. The Ascend Hotel Collection portfolio of best-in-class unique, boutique, and historic independent hotels and resorts is part of Choice Hotels, which has a longstanding strategic alliance with Bluegreen Vacations.