Key Points
- CEO Robert Katz purchased 37,500 shares of Vail Resorts at an average price of $131.81 on March 16, a $4.94M buy that increased his holdings 15.13% to 285,312 shares (≈$37.6M).
- Vail Resorts declared a quarterly dividend of $2.22 per share (annualized $8.88), implying a ~6.7% yield, with an ex‑dividend date of March 26 and payment on April 9.
- The company missed quarterly EPS estimates ($5.87 vs. $6.06) and saw revenue fall 4.7% year‑over‑year; analysts' consensus rating is "Hold" with an average target of $165.
Vail Resorts, Inc. (NYSE:MTN - Get Free Report) CFO Angela Korch acquired 190 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were purchased at an average cost of $131.85 per share, with a total value of $25,051.50. Following the completion of the transaction, the chief financial officer owned 5,539 shares in the company, valued at approximately $730,317.15. The trade was a 3.55% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Vail Resorts Stock Performance
Shares of MTN stock opened at $132.50 on Tuesday. The company has a market cap of $4.74 billion, a P/E ratio of 21.62, a PEG ratio of 9.07 and a beta of 0.78. The firm has a fifty day moving average price of $137.60 and a 200 day moving average price of $144.06. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 4.43. Vail Resorts, Inc. has a 12 month low of $126.15 and a 12 month high of $175.51.
Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings results on Monday, March 9th. The company reported $5.87 earnings per share for the quarter, missing analysts' consensus estimates of $6.06 by ($0.19). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.11 billion. Vail Resorts had a net margin of 7.89% and a return on equity of 29.72%. The firm's quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.56 earnings per share. Sell-side analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.
Vail Resorts Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th will be given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Thursday, March 26th. Vail Resorts's dividend payout ratio (DPR) is 144.86%.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on MTN shares. Weiss Ratings downgraded Vail Resorts from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, March 10th. BNP Paribas Exane reissued an "outperform" rating on shares of Vail Resorts in a report on Tuesday, March 10th. UBS Group restated a "neutral" rating and set a $169.00 price objective on shares of Vail Resorts in a research report on Friday, January 16th. Morgan Stanley lowered their target price on shares of Vail Resorts from $151.00 to $147.00 and set an "equal weight" rating for the company in a report on Thursday, March 12th. Finally, Zacks Research raised shares of Vail Resorts from a "strong sell" rating to a "hold" rating in a research report on Thursday, December 11th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $165.00.
Read Our Latest Analysis on MTN
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. BOKF NA lifted its stake in Vail Resorts by 833.3% in the third quarter. BOKF NA now owns 168 shares of the company's stock valued at $25,000 after buying an additional 150 shares during the last quarter. NBT Bank N A NY boosted its holdings in shares of Vail Resorts by 450.0% in the third quarter. NBT Bank N A NY now owns 176 shares of the company's stock valued at $26,000 after acquiring an additional 144 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Vail Resorts by 815.8% during the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company's stock worth $27,000 after acquiring an additional 155 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Vail Resorts by 196.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 187 shares of the company's stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in shares of Vail Resorts by 83.3% in the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company's stock valued at $29,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 94.90% of the company's stock.
Vail Resorts Company Profile
(
Get Free Report)
Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company's signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.
Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.
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