Stock of the Day

December 18, 2019

Marriott Vacations Worldwide (VAC)

$104.03
-$6.06 (-5.5%)
Market Cap: $3.79B

About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related businesses, products, and services in the United States and internationally. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and Marriott Vacation Club Pulse brands. It develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through Interval International, and Aqua-Aston business brands. Further, it provides financing consumer purchases of vacation ownership products, and renting vacation ownership inventory. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. The company was founded in 1984 and is headquartered in Orlando, Florida.

Today's Trend

Marriott Vacations Worldwide Corporation (NYSE: VAC) is seeing a positive investor backdrop as analysts at Zacks Research raised earnings forecasts across 2026–2028 and reiterated a “Strong-Buy” rating. The revisions suggest improving expectations for the company’s vacation ownership and resort operations, which may help explain why the stock has increased recently.

  • Broad earnings-estimate upgrades: Zacks lifted its FY2026 EPS forecast to $8.33 from $7.38, FY2027 to $8.67 from $7.44, and FY2028 to $9.20 from $7.96. Quarterly estimates were also raised, including Q3 2026 EPS to $1.99 from $1.66 and Q3 2027 EPS to $2.70 from $1.89. These revisions indicate stronger expected earnings momentum. Marriott Vacations Worldwide earnings estimate revisions
  • Analyst remains strongly bullish: Zacks Research maintained a “Strong-Buy” view on VAC, reinforcing the positive signal from the higher forecasts. The current-year analyst consensus is $8.88 EPS, while Zacks projects earnings growth to $9.20 per share in FY2028. Zacks Research rating and estimates
  • Growth-stock appeal highlighted: A separate Zacks analysis identified Marriott Vacations Worldwide as a strong growth stock using its Style Scores framework, potentially attracting growth-oriented investors. Why Marriott Vacations Worldwide is a Strong Growth Stock
  • The revisions are analyst forecasts rather than new company guidance or reported results. Investors should also weigh execution risk, Marriott Vacations Worldwide’s substantial leverage, and the possibility that elevated expectations are already reflected in the shares.