|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||108.51 - 110.93|
|52 Week Range||59.33 - 128.25|
|PE Ratio (TTM)||20.74|
|Earnings Date||Oct 11, 2017 - Oct 16, 2017|
|Dividend & Yield||1.40 (1.27%)|
|1y Target Est||123.50|
ORLANDO, Fla., Aug. 17, 2017 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (VAC) announced today the completion of a securitization of a pool of approximately $361 million of vacation ownership loans. Approximately $303 million of the loans were purchased on August 17, 2017 by the MVW Owner Trust 2017-1 (the "Trust"), and all or a portion of the remaining loans may be purchased by the Trust prior to January 15, 2018. The Notes were offered in a private placement within the United States to qualified institutional buyers pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. The Class A Notes have an interest rate of 2.42 percent, the Class B Notes have an interest rate of 2.75 percent and the Class C Notes have an interest rate of 2.99 percent, for an overall weighted average interest rate of 2.51 percent.
Q2 2017 Marriott Vacations Worldwide Corp Earnings Call
Marriott Vacations Worldwide Corporation (VAC) beats on earnings as our consensus earnings estimate called for earnings per share of $1.26, and the company reported earnings of $1.60 per share.