Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. 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 Residence Club, and Marriott Vacation Club Pulse brands. It also 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. As of December 31, 2020, the company operated approximately 100 properties in the United States and 12 other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
IPO Year:
Exchange: NYSE
Website: marriottvacationsworldwide.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/22/2025 | $57.00 | Underweight → Equal-Weight | Morgan Stanley |
| 1/6/2025 | $87.00 | Underweight | Morgan Stanley |
| 12/13/2024 | $97.00 → $116.00 | Equal Weight → Overweight | Barclays |
| 9/18/2024 | $62.00 | Sell | Goldman |
| 3/26/2024 | $128.00 | Buy | Mizuho |
| 2/13/2024 | $105.00 | Mkt Outperform | JMP Securities |
| 12/15/2023 | $103.00 → $90.00 | Equal Weight → Underweight | Barclays |
| 11/17/2023 | $125.00 → $65.00 | Neutral → Underperform | BofA Securities |
| 10/12/2023 | $105.00 | Neutral | JP Morgan |
| 10/5/2023 | $150.00 → $112.00 | Buy → Hold | Jefferies |
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
SCHEDULE 13G - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Subject)
8-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
10-Q - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
8-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
8-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
DEFA14A - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
DEF 14A - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
10-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
8-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
8-K - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Filer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
4 - MARRIOTT VACATIONS WORLDWIDE Corp (0001524358) (Issuer)
Morgan Stanley upgraded Marriott Vacations from Underweight to Equal-Weight and set a new price target of $57.00
Morgan Stanley initiated coverage of Marriott Vacations with a rating of Underweight and set a new price target of $87.00
Barclays upgraded Marriott Vacations from Equal Weight to Overweight and set a new price target of $116.00 from $97.00 previously
Goldman initiated coverage of Marriott Vacations with a rating of Sell and set a new price target of $62.00
Mizuho initiated coverage of Marriott Vacations with a rating of Buy and set a new price target of $128.00
JMP Securities initiated coverage of Marriott Vacations with a rating of Mkt Outperform and set a new price target of $105.00
Barclays downgraded Marriott Vacations from Equal Weight to Underweight and set a new price target of $90.00 from $103.00 previously
BofA Securities downgraded Marriott Vacations from Neutral to Underperform and set a new price target of $65.00 from $125.00 previously
JP Morgan initiated coverage of Marriott Vacations with a rating of Neutral and set a new price target of $105.00
Jefferies downgraded Marriott Vacations from Buy to Hold and set a new price target of $112.00 from $150.00 previously
Marriott Vacations Worldwide (NYSE:VAC) announced today that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley 3rd Annual Travel & Leisure Conference on June 3, 2025, from 12:45 – 1:20 p.m. E.T. A live webcast of the event will be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available for 30 days on the Company's website. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownersh
Marriott Vacations Worldwide Corporation (NYSE:VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock. The dividend is payable on or around June 6, 2025, to stockholders of record as of the close of business on May 23, 2025. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Revenues excluding cost reimbursements increased 3%. Net income attributable to common stockholders was $56 million and diluted earnings per share was $1.46. Adjusted net income attributable to common stockholders was $65 million and adjusted diluted earnings per share was $1.66. Adjusted EBITDA was $192 million. Consolidated Vacation Ownership contract sales was $420 million in the quarter. The Company returned $91 million of cash to stockholders during the quarter, repurchasing $36 million of common s
Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the first quarter 2025 after the market closes on Wednesday, May 7. A conference call will follow at 8:30 a.m. ET on Thursday, May 8 to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on May 8 until 10 p.m. ET on June 8. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the fourth quarter and full year 2024 and provided guidance for full year 2025. Fourth Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 7% compared to the fourth quarter of 2024 to $477 million, including 9% first time buyer contract sales growth. Net income attributable to common stockholders was $50 million and diluted earnings per share was $1.30. Adjusted net income attributable to common stockholders was $73 million and adjusted diluted earnings per share was $1.86. Adjusted EBITDA was $185 million. Full year cash provide
Marriott Vacations Worldwide Corporation (NYSE:VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock. The dividend is payable on or around March 19, 2025, to stockholders of record as of the close of business on March 5, 2025. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some
Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the fourth quarter 2024 after the market closes on Wednesday, February 26. A conference call will follow at 8:30 a.m. ET on Thursday, February 27 to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on February 27 until 10 p.m. ET on March 27. To access the replay, dial (877) 660-6853 or (201) 612-7415 for int
Marriott Vacations Worldwide Corporation (NYSE:VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock, an increase of 4% over the Company's prior dividend. "The dividend increase reflects our confidence in our leisure focused business strategy and growth potential, and upholds our continued commitment to providing value to our shareholders," said Jason Marino, chief financial officer. The dividend is payable on or around January 3, 2025, to stockholders of record as of the close of business on December 19, 2024. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vaca
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported third quarter 2024 financial results. Third Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 5% compared to the third quarter of 2023 to $459 million. Net income attributable to common stockholders was $84 million and fully diluted earnings per share was $2.12. Adjusted net income attributable to common stockholders was $72 million and adjusted fully diluted earnings per share was $1.80. Adjusted EBITDA was $198 million. The Company updates its full-year outlook. "Our results this quarter reflect our continued progress on enhancing the experience fo
Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the third quarter 2024 after the market closes on Wednesday, November 6. A conference call will follow at 8:30 a.m. ET on Thursday, November 7, to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on November 7 until 10 p.m. ET on December 7. To access the replay, dial (877) 660-6853 or (201) 612-7415 for intern
Marriott Vacations Worldwide (NYSE:VAC) announced today that John Geller, President and Chief Executive Officer, and Jason Marino, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley 3rd Annual Travel & Leisure Conference on June 3, 2025, from 12:45 – 1:20 p.m. E.T. A live webcast of the event will be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available for 30 days on the Company's website. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownersh
Marriott Vacations Worldwide Corporation (NYSE:VAC) today announced its Board of Directors authorized a quarterly cash dividend of $0.79 per share of common stock. The dividend is payable on or around June 6, 2025, to stockholders of record as of the close of business on May 23, 2025. About Marriott Vacations Worldwide Corporation Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of
Interval International, a leading travel membership company, today announces the renewal of its affiliation with Breckenridge Grand Vacations, which is operated by family-owned companies that develop and manage resorts in Breckenridge, Colorado, one of the world's premier ski destinations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250512844355/en/Part of the Interval International affiliate network, Grand Colorado on Peak 8 is one of several resorts that offers Interval members access to top-notch amenities and luxurious slopeside accommodations in Breckenridge, Colorado. The property is one of Breckenridge Grand Vacations'
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Revenues excluding cost reimbursements increased 3%. Net income attributable to common stockholders was $56 million and diluted earnings per share was $1.46. Adjusted net income attributable to common stockholders was $65 million and adjusted diluted earnings per share was $1.66. Adjusted EBITDA was $192 million. Consolidated Vacation Ownership contract sales was $420 million in the quarter. The Company returned $91 million of cash to stockholders during the quarter, repurchasing $36 million of common s
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") announced today the completion of a $450 million securitization of vacation ownership loans, offered to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended. The notes were issued by MVW 2025-1 LLC (the "Issuer"). The notes have a blended interest rate of 5.16% and a gross advance rate of 98%. "We are very happy with the investor demand for this securitization, which underscores the resilience and confidence in our timeshare loan portfolio, at a time of intense market volatility. Each cla
Marriott Vacations Worldwide (NYSE:VAC) ("MVW"), a leading global vacation company, is celebrating $20 million in funds raised for children's hospitals across the U.S. through its partnership with Children's Miracle Network Hospitals. "This milestone is a testament to the unwavering dedication and generosity of our associates, Owners, and guests," said John Geller, president and CEO of Marriott Vacations Worldwide. "We look forward to continuing our partnership with Children's Miracle Network Hospitals to bring hope and healing to children and families in need." While Marriott Vacations Worldwide has passionately supported Children's Miracle Network Hospitals since 1983, this $20 million
Marriott Vacations Worldwide Corporation (NYSE:VAC) will report financial results for the first quarter 2025 after the market closes on Wednesday, May 7. A conference call will follow at 8:30 a.m. ET on Thursday, May 8 to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on May 8 until 10 p.m. ET on June 8. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") today announced that it has amended its credit agreement to refinance its senior secured revolving credit facility at improved terms and add a senior secured delayed-draw term loan facility to provide flexibility to refinance its convertible notes maturing January 2026. The amendment replaces the Company's previous $750 million senior secured revolving credit facility, which was scheduled to mature on March 31, 2027, with a new $800 million revolving credit facility scheduled to mature on March 24, 2030, reducing drawn and undrawn pricing including a 25 basis point reduction in interest spreads. The amended agree
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW," the "Company," "we" or "our") reported financial results for the fourth quarter and full year 2024 and provided guidance for full year 2025. Fourth Quarter 2024 Highlights Consolidated Vacation Ownership contract sales increased 7% compared to the fourth quarter of 2024 to $477 million, including 9% first time buyer contract sales growth. Net income attributable to common stockholders was $50 million and diluted earnings per share was $1.30. Adjusted net income attributable to common stockholders was $73 million and adjusted diluted earnings per share was $1.86. Adjusted EBITDA was $185 million. Full year cash provide
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") today announced the appointment of hospitality industry leaders, Matthew Avril and James ("Jim") Dausch, as independent directors of the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250224691239/en/Matt Avril (Photo: Business Wire) The Company also announced the retirement of Melquiades ("Mel") Martinez and Raymond ("Rip") Gellein as members of the Board effective immediately prior to the Company's annual meeting of its stockholders, which is expected to take place in May 2025. The board appointments announced today are effective March 4, 202
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") today announced the appointment of hospitality industry leaders, Matthew Avril and James ("Jim") Dausch, as independent directors of the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250224691239/en/Matt Avril (Photo: Business Wire) The Company also announced the retirement of Melquiades ("Mel") Martinez and Raymond ("Rip") Gellein as members of the Board effective immediately prior to the Company's annual meeting of its stockholders, which is expected to take place in May 2025. The board appointments announced today are effective March 4, 202
Marriott Vacations Worldwide Corporation (NYSE:VAC), a leading global vacation company with a portfolio of trusted, globally recognized travel brands, is proud to announce it has been honored with 11 awards by the American Resort Development Association (ARDA), a nonprofit trade association that advocates for the timeshare industry. Each year at its annual spring conference, ARDA recognizes groups and individuals who exhibit professional excellence and/or have achieved significant accomplishments in the areas of marketing and sales; management and administration; advertising, promotion, and communications; and resort design. The organization also offers ARDA Circle of Excellence (ACE) awa
Marriott Vacations Worldwide Corporation (NYSE:VAC) ("MVW" or the "Company") announced today the appointment of Mary E. Galligan to its Board of Directors effective January 1, 2024. Ms. Galligan joins the MVW Board following a 35-year career in technology and cybersecurity, government relations and risk management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211409126/en/Marriott Vacations Worldwide Corporation has appointed Mary E. Galligan to its Board of Directors. (Photo: Business Wire) Ms. Galligan has extensive experience in navigating high profile, multifaceted crises and cyber incidents. Ms. Galligan's career began
CINCINNATI, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the "Board") has appointed Anthony "Tony" Terry to serve as an independent director, effective October 30, 2023. Jeff Edison, Chairman and Chief Executive Officer of PECO stated: "We are delighted to welcome Tony to PECO's Board. With more than three decades of public company business experience working with senior management and boards to drive growth and innovation, Tony brings a proven track record of substantial accomplish
Mr. Marino is a seasoned financial executive with nearly two decades of corporate strategy and financial leadership experience Marriott Vacations Worldwide Corporation (NYSE:VAC) (the "Company") today announced Jason Marino has been named Executive Vice President and Chief Financial Officer effective September 30. He will succeed Anthony "Tony" Terry, who announced his intent to retire from the Company earlier this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230725510404/en/Marriott Vacations Worldwide Corporation has named Jason Marino as Executive Vice President and Chief Financial Officer. (Photo: Business Wire) Wi
Lani Kane-Hanan was named as one of the Top 50 Women Leaders of Miami for 2023. SCOTTSDALE, Ariz., April 20, 2023 /PRNewswire/ -- Open Network Exchange, Inc (ONE), a global leader in digital business solutions amongst the travel, hospitality, retail and financial sectors, announced today the appointment of Lani Kane-Hanan as the new Chief Executive Officer (CEO). Lani will assume the CEO role at ONE in late June 2023 as John Rowley, the current Chief Executive Officer of ONE, transitions to the Executive Chairman role, continuing his leadership presence at the organization alongside Co-Founder, Marcia Rowley. Kane-Hanan, is a widely respected industry executive with more than 30 years of ex
Stephen P. Weisz to retire as Chief Executive Officer in December 2022 with John E. Geller named as incoming successor ORLANDO, Fla., June 9, 2022 /PRNewswire/ -- Marriott Vacations Worldwide (NYSE:VAC) announced today that after 50 years of dedicated service in the hospitality and travel industry, Stephen P. Weisz informed the company's Board of Directors of his intent to retire as Chief Executive Officer at the end of the company's fiscal year on December 31, 2022. The company also announced current President, John E. Geller, Jr., will succeed Steve and assume the role of President and Chief Executive Officer effective January 1, 2023. Steve has served in senior leadership roles for the la
ORLANDO, Fla., Nov. 4, 2021 /PRNewswire/ -- Marriott Vacations Worldwide Corporation (NYSE:VAC) announces the appointment of Jonice Gray Tucker to its board of directors effective November 2, 2021. Ms. Tucker is a founding partner and governing board member of Buckley LLP, a law firm offering premier enforcement, litigation, compliance, regulatory and transactional services to financial services institutions and early stage and leading fintech and technology companies. The addition of Ms. Tucker brings the number of Marriott Vacations Worldwide Board members to 11. Ms. Tucker
ORLANDO, Fla., Jan. 15, 2021 /PRNewswire/ -- The Central Florida Hotel & Lodging Association (CFHLA) recently recognized Stephen P. Weisz, chief executive officer of Marriott Vacations Worldwide Corporation (NYSE: VAC), as the association's 2020 Charles Andrews Memorial Hospitality Award for Community Leadership recipient. The award was presented at the CFHLA 2020 Members of the Year Awards Ceremony held in Orlando, Fla. The award is the highest honor bestowed upon an individual by CFHLA and is named after the first CFHLA Board of Directors Chairperson, Charles Andrews, and exemplifies perseverance and dedication to a cause. CFHLA selected Mr. Weisz for his efforts to enhance Central Flor
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