MTN - Vail Resorts, Inc.
| Previous Close | 235.27 |
| Open | 236.58 |
| Bid | 242.02 x 1400 |
| Ask | 242.20 x 1000 |
| Day's Range | 235.39 - 242.40 |
| 52 Week Range | 179.60 - 302.76 |
| Volume | 237,558 |
| Avg. Volume | 356,730 |
| Market Cap | 9.754B |
| Beta (3Y Monthly) | 0.90 |
| PE Ratio (TTM) | 32.57 |
| EPS (TTM) | 7.44 |
| Earnings Date | Sep 26, 2019 - Sep 30, 2019 |
| Forward Dividend & Yield | 7.04 (2.99%) |
| Ex-Dividend Date | 2019-06-25 |
| 1y Target Est | 247.18 |
- American City Business Journals•2 hours ago
T. Rowe Price makes millions from Vail Resorts deal
Three ski resorts near Baltimore are getting bought by Vail Resorts Inc. but that is not the only local connection to the $264 million deal announced Monday. Baltimore-based T. Rowe Price Group Inc. (NASDAQ: TROW) is the largest shareholder of Vail Resorts. At one point Vail Resorts was the biggest holding for one of T. Rowe Price's signature mutual funds, the New Horizons Fund.
- PR Newswire•22 hours ago
SHAREHOLDER ALERT: WeissLaw LLP Investigates Peak Resorts, Inc.
NEW YORK , July 22, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Peak Resorts, Inc. ("SKIS" ...
- GlobeNewswire•yesterday
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Peak Resorts, Inc. to Vail Resorts, Inc. is Fair to Shareholders
NEW YORK, July 22, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Peak Resorts, Inc. (“Peak.
- American City Business Journals•yesterday
Family that controls maker of OxyContin to get $87M in sale of St. Louis firm
A firm owned by two members of the Sackler family stands to get $87.2 million from the sale, announced Monday, of Wildwood-based Peak Resorts Inc. (NASDAQ: SKIS).
- InvestorPlace•yesterday
Peak Resorts News: SKIS Stock Soars on Vail Resorts Deal
Peak Resorts news on Monday about a deal with Vail Resorts has SKIS stock soaring.Source: Shutterstock This deal will have Peak Resorts (NASDAQ:SKIS) being acquired by Vail Resorts (NYSE:MTN). This has the latter offering to purchase all outstanding shares of SKIS stock for $11.00 each. This represents a 116% premium to the stock's closing price on Friday.The Peak Resorts news release notes that both companies' Board of Directors are supporting the deal. The Board of Directors for SKIS is also advising all shareholders to vote in favor of the deal.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"With this acquisition, we're also able to make a much stronger connection to guests in critical cities in the Mid-Atlantic and Midwest, and build on the success we have already seen with our strategy in Chicago, Minneapolis and Detroit," Rob Katz, Chairman and CEO of Vail Resorts, said in a statement.So long as the Peak Resorts news goes over well, the companies are looking for the deal to close this fall. This means it will have to complete customary closing conditions, get approval from regulators and have SKIS stockholders vote in favor of it. * 7 Defense Stocks to Buy to Fortify Your Portfolio Peak Resorts is getting its financial advice for the deal from Moelis & Company. It's legal advice concerning the deal with Vail Resorts is coming from Perkins Coie, Sandberg Phoenix & von Gontard P.C. and Armstrong Teasdale.SKIS stock was up 112% and MTN stock was up 3% as of Monday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon As of this writing, William White did not hold a position in any of the aforementioned securities.The post Peak Resorts News: SKIS Stock Soars on Vail Resorts Deal appeared first on InvestorPlace.
- American City Business Journals•yesterday
Vail Resorts set to acquire operator of 17 U.S. ski areas in $264M deal
Broomfield-based Vail Resorts Inc. (NYSE: MTN) announced Monday morning that it is acquiring Peak Resorts Inc. (Nasdaq: SKIS) in a deal valued at $264 million. In the deal, Vail Resorts agreed to acquire 100% of Peak Resorts' outstanding stock at a purchase price of $11.
- American City Business Journals•yesterday
Whitetail, Liberty and Roundtop trading hands as Peak Resorts agrees to acquisition deal
Vail Resorts Inc. (NYSE: MTN) is acquiring Peak Resorts Inc. (NASDAQ: SKIS), the owner of 17 U.S. ski areas — including three resorts popular among D.C.-area skiers. Broomfield, Colorado-based Vail Resorts will purchase Wildwood, Missouri-based Peak for $11 per share, or an estimated $264 million.
- American City Business Journals•yesterday
St. Louis public company to be sold in $264M deal
Peak Resorts Inc., the Wildwood-based ski resort owner and operator, has agreed to be acquired by Vail Resorts Inc. for about $264 million in cash.
- Benzinga•yesterday
Vail Resorts Will Acquire Peak Resorts For $11/Share
Peak Resorts (NASDAQ: SKIS) will be acquired by Vail Resorts, Inc. (NYSE: MTN) for $11.00 per share in cash. Peak Resorts is a Missouri-based company that operates 17 ski resorts in the Midwest, Mid-Atlantic and Northeast. Vail Resorts is a mountain resort company.
- PR Newswire•yesterday
Vail Resorts to Acquire Peak Resorts, Owner of 17 U.S. Ski Areas
BROOMFIELD, Colo., July 22, 2019 /PRNewswire/ -- Vail Resorts, Inc. (MTN) today announced it has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Peak Resorts, Inc. (SKIS) at a purchase price of $11.00 per share, subject to certain conditions, including regulatory review and Peak Resorts' shareholder approval. Through the acquisition, Vail Resorts will add 17 U.S. ski areas to its network of world-class resorts.
- GlobeNewswire•yesterday
Peak Resorts to be Acquired by Vail Resorts for $11.00 Per Share
Peak Resorts, Inc. (SKIS) (“Peak Resorts” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced that it has entered into a definitive merger agreement with Vail Resorts, Inc. (MTN) (“Vail Resorts”) pursuant to which Vail Resorts will acquire all outstanding shares of common stock of Peak Resorts for $11.00 per share in cash. The transaction represents a 116% premium to Peak Resorts’ closing stock price on July 19, 2019. The transaction is expected to close in fall 2019 and is subject to certain conditions, including a vote of Peak Resorts shareholders and antitrust clearance.
- TheStreet.com•yesterday
Vail Resorts to Acquire Peak Resorts for $11 a Share, or $264 Million
Vail Resorts definitively agreed to acquire Peak Resorts for $11 a share, or $264 million, the companies said Monday. The deal more than doubled Peak Resorts' stock price, which recently was at $10.86. Vail Resorts' stock was up 2.8% at $231.98.
- Zacks•12 days ago
Is Vail Resorts (MTN) Poised to Ride on Growth Trajectory?
A strong season pass program, increased focus on acquisitions and mergers along with efficient marketing efforts bode well for Vail Resorts (MTN).
- Bloomberg•12 days ago
South African Mobile Firm Cell C Seeks Debt Payment Delay
(Bloomberg) -- South African wireless carrier Cell C Pty Ltd. has begun talks to delay debt payments and hired consultants to probe its business practices and advise on a restructuring, sending shares in its biggest investor to a decade low. Cell C is laboring under 8.9 billion rand ($639 million) of debt and trying to secure new funding from a consortium of investors. The company has begun a round of cost cuts, has frozen hiring and is reviewing its contracts, wrote Douglas Craigie Stevenson, Cell C’s chief executive officer, in an open letter.Cell C has struggled to compete with Vodacom Group Ltd. and MTN Group Ltd. -- well established carriers that control the bulk of the South African market in wireless services and operate the biggest networks. It has 2.6 billion rand of debt maturing in August next year.“We are engaging with our lenders to re-term our debt and allow us sufficient time to implement the Buffet transaction,” Craigie Stevenson wrote in an email reply to questions from Bloomberg, referring to the funding talks with the Buffet Group. Cell C has paid 116 million rand in interest due to bondholders for June and a further 90 million rand on another funding arrangement with local banks, added Craigie Stevenson, who replaced CEO Jose dos Santos earlier this year.Shares in Blue Label Telecoms Ltd., which led a recapitalization of Cell C almost two years ago and holds a 45% stake in the carrier, fell more than 15% to their lowest since 2008.PricewaterhouseCoopers will audit Cell C’s procurement practices and review processes, and law firm Bowmans will investigate any irregular business practices, according to the letter. Deloitte has been named as an independent financial restructuring adviser.“Cell C has a zero-tolerance policy towards illegal or unethical activity,” Craigie Stevenson wrote in the letter.(Adds shares at decade low in first paragraph.)To contact the reporter on this story: Loni Prinsloo in Johannesburg at lprinsloo3@bloomberg.netTo contact the editors responsible for this story: Thomas Pfeiffer at tpfeiffer3@bloomberg.net, Frank ConnellyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.•13 days ago
What Can We Make Of Vail Resorts, Inc.’s (NYSE:MTN) High Return On Capital?
Today we'll evaluate Vail Resorts, Inc. (NYSE:MTN) to determine whether it could have potential as an investment idea...
- Simply Wall St.•last month
Should We Worry About Vail Resorts, Inc.'s (NYSE:MTN) P/E Ratio?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
- Insider Monkey•last month
Here is What Hedge Funds Think About Vail Resorts, Inc. (MTN)
Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 2.6% in the first two months of the second quarter. Ten out of 11 industry groups in the S&P 500 Index lost value in […]
- Motley Fool•last month
What Vail Resorts Wants Investors to Know
Spending will rise, but Vail's investments are laying the groundwork for more stable profit growth ahead.
- Thomson Reuters StreetEvents•last month
Edited Transcript of MTN earnings conference call or presentation 6-Jun-19 9:00pm GMT
Q3 2019 Vail Resorts Inc Earnings Call
- Simply Wall St.•last month
Should You Buy Vail Resorts, Inc. (NYSE:MTN) For Its Dividend?
Dividend paying stocks like Vail Resorts, Inc. (NYSE:MTN) tend to be popular with investors, and for good reason...
- PR Newswire•last month
Vail Resorts CEO To Donate $15.7 Million from SAR Exercise
BROOMFIELD, Colo. , June 11, 2019 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) and will ...
- Zacks•last month
Vail Resorts' Shares Surge 8% in 3 Months: More Room to Run?
Vail Resorts (MTN) banks on mergers and extensive marketing to drive top-line growth. Meanwhile, increased operating expenses hurt the company's profits.
