VAC - Marriott Vacations Worldwide Corporation
| Previous Close | 109.90 |
| Open | 108.91 |
| Bid | 0.00 x 900 |
| Ask | 109.57 x 1000 |
| Day's Range | 108.07 - 110.21 |
| 52 Week Range | 60.68 - 119.30 |
| Volume | 265,892 |
| Avg. Volume | 387,071 |
| Market Cap | 4.774B |
| Beta (3Y Monthly) | 2.23 |
| PE Ratio (TTM) | 58.09 |
| EPS (TTM) | 1.89 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 1.80 (1.63%) |
| Ex-Dividend Date | 2019-09-18 |
| 1y Target Est | 131.69 |
- PR Newswire
Marriott Vacations Worldwide Announces Pricing of $350 Million of 4.750% Senior Notes
ORLANDO, Fla., Sept. 17, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (VAC) ("MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), priced an offering of $350 million aggregate principal amount of its senior notes due 2028 (the "Notes") in a private placement. The aggregate principal amount of the Notes to be issued in the offering increased from $300 million to $350 million. The Issuer intends to use the net proceeds from the Notes offering (i) to redeem all of the $139.9 million outstanding aggregate principal amount of 5.625% Senior Notes due 2023 issued by Interval Acquisition Corp., (ii) to redeem all of the $88.2 million outstanding aggregate principal amount of 5.625% Senior Notes due 2023 issued by us and ILG, LLC, (iii) to repay a portion of the outstanding borrowings under our $600.0 million revolving credit facility, (iv) to pay transaction expenses and fees in connection with each of the foregoing and (v) for general corporate purposes.
- Moody's
Marriott Ownership Resorts, Inc. -- Moody's assigns Marriott Vacations' unsecured notes a Ba3 rating; Ba2 CFR unchanged
Moody's Investors Service ("Moody's") assigned Marriott Ownership Resorts, Inc.'s ("MORI") planned senior unsecured note issuance a Ba3 rating. MORI is a subsidiary of Marriott Vacations Worldwide Corporation (herein, along with other subsidiaries, referred to as MVW). Proceeds from the planned issuance will be used to refinance the unsecured notes related to the company's acquisition of Interval Leisure Group (unrated), reduce outstandings under its revolver, and pay fees and expenses.
- PR Newswire
Marriott Vacations Worldwide Announces Offering of Senior Notes
ORLANDO, Fla., Sept. 17, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (VAC) ("MVW," "we," "us" or "our") today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the "Issuer"), intends to offer, subject to market and other conditions, $300.0 million aggregate principal amount of senior notes due 2028 (the "Notes"). The Notes will be offered to qualified institutional buyers within the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and in offshore transactions to non-U.S. persons pursuant to Regulation S under the Securities Act. The Issuer intends to use the net proceeds from the Notes offering to (i) to redeem all of the $139.9 million outstanding aggregate principal amount of 5.625% Senior Notes due 2023 issued by Interval Acquisition Corp., (ii) to redeem all of the $88.2 million outstanding aggregate principal amount of 5.625% Senior Notes due 2023 issued by us and ILG, LLC, (iii) to repay a portion of the outstanding borrowings under our $600.0 million revolving credit facility, (iv) to pay transaction expenses and fees in connection with each of the foregoing and (v) for general corporate purposes.
- Zacks
Hyatt Fortifies Regency & Andaz Brands' Presence, Eyes Growth
Hyatt Hotels (H) fortifies its international presence by opening hotels in Central China and South Korea.
- PR Newswire
Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend
ORLANDO, Fla. , Sept. 5, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) today announced its board of directors authorized a quarterly cash dividend of $0.45 per share of common ...
- Simply Wall St.
Need To Know: Marriott Vacations Worldwide Corporation (NYSE:VAC) Insiders Have Been Buying Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- Thomson Reuters StreetEvents
Edited Transcript of VAC earnings conference call or presentation 1-Aug-19 12:30pm GMT
Q2 2019 Marriott Vacations Worldwide Corp Earnings Call
- PR Newswire
Marriott Vacations Worldwide Raises $250,000 for Local Children's Miracle Network Hospital at the 22nd Annual Caring Classic Charity Golf Tournament
ORLANDO, Fla., Aug. 21, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (VAC) recently hosted the 22nd Annual Caring Classic charity golf tournament benefiting Orlando Health Arnold Palmer Hospital for Children. This year the golf tournament netted a donation of $250,000, bringing the cumulative total dollars raised since the tournament's inception in 1997 to nearly $3 million. "Year after year, our associates dedicate a considerable amount of time and effort to create this amazing golf event and raise money to make a difference in the lives of children and families here in Orlando," said Stephen P. Weisz, president and chief executive officer.
- American City Business Journals
Wyndham to double size of Orlando timeshare call center
The growth comes after Wyndham Destinations announced in January it planned to hire 200 people in Florida.
- Zacks
Marriott Vacations (VAC) Catches Eye: Stock Jumps 7.7%
Marriott Vacations (VAC) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
- PR Newswire
Marriott Vacations Worldwide Corporation to Host Investor Day In New York
ORLANDO, Fla. , Aug. 21, 2019 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE: VAC) announced today that it will host an Investor Day on Friday, October 4, 2019 in New York City at the New York Stock ...
- Zacks
Here's Why Investors Should Steer Clear of Norwegian Cruise
High costs and debt burden remain potential concerns for Norwegian Cruise (NCLH).
- Simply Wall St.
Does The Marriott Vacations Worldwide Corporation (NYSE:VAC) Share Price Tend To Follow The Market?
Anyone researching Marriott Vacations Worldwide Corporation (NYSE:VAC) might want to consider the historical...
- GuruFocus.com
Marriott Vacations Worldwide Corp (VAC) President & CEO Stephen P Weisz Bought $334,800 of ...
President & CEO of Marriott Vacations Worldwide Corp (30-Year Financial, Insider Trades) Stephen P Weisz (insider trades) bought 4,000 shares of VAC on 08/05/2019 at an average price of $83.7 a share. Continue reading...
- Zacks
Choice Hotels (CHH) Q2 Earnings & Revenues Beat, View Up
Solid progress on the flagship Comfort brand and renovated hotels help Choice Hotels International (CHH) to post improved results in second-quarter 2019.
- Zacks
VAC vs. HTHT: Which Stock Is the Better Value Option?
VAC vs. HTHT: Which Stock Is the Better Value Option?
- Zacks
Marriott Vacations (VAC) Tops Q2 Earnings Estimates, Ups View
Marriott Vacations' (VAC) second-quarter 2019 results gain from revenue growth across segments.
- Zacks
Marriot Vacations Worldwide Corporation (VAC) Beats Q2 Earnings Estimates
Marriot Vacations Worldwide Corporation (VAC) delivered earnings and revenue surprises of 13.71% and -4.10%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Marriott Vacations Worldwide ("MVW") Reports Second Quarter Financial Results
Board of Directors authorizes the repurchase of an additional 4.5 million shares under the company's share repurchase program. ORLANDO, Fla. , July 31, 2019 /PRNewswire/ -- Marriott Vacations Worldwide ...
- Zacks
Marriot Vacations Worldwide Corporation (VAC) Reports Next Week: Wall Street Expects Earnings Growth
Marriot Vacations Worldwide Corporation (VAC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
Should You Worry About Marriott Vacations Worldwide Corporation's (NYSE:VAC) CEO Pay?
Steve Weisz became the CEO of Marriott Vacations Worldwide Corporation (NYSE:VAC) in 2011. First, this article will...
- Zacks
Will Ticket Revenues Aid Royal Caribbean (RCL) Q2 Earnings?
Royal Caribbean's (RCL) second-quarter 2019 results are likely to be driven by higher passenger ticket as well as onboard and other revenues.
- Zacks
Unit Growth & Solid RevPAR to Aid Hilton (HLT) in Q2 Earnings
Hilton's (HLT) top line in the second quarter of 2019 is likely to be driven by unit expansion.
- Zacks
Strong Base Business to Aid Pool Corp (POOL) in Q2 Earnings
Pool Corp's (POOL) large market presence along with expansions through acquisitions is likely to aid revenues in the second quarter.
- PR Newswire
Marriott Vacations Worldwide Corporation Announces Second Quarter 2019 Earnings Release and Conference Call Schedule
ORLANDO, Fla. , July 11, 2019 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the second quarter 2019 after the market closes on Wednesday, July 31, ...
