VAC Marriot Vacations Worldwide

Marriott Vacations Worldwide Corporation has appointed Matthew Avril as its interim Chief Executive Officer. This decision comes as the company navigates a leadership transition. Avril will oversee operations until a permanent CEO is appointed.

Marriott Vacations Worldwide Corporation recently increased its quarterly dividend to US$0.80 per share and extended its share repurchase plan through December 31, 2026. This move emphasizes management's commitment to returning capital to investors, amidst existing challenges like rising loan loss provisions and the need for a recovery in contract sales. The article suggests this could be a crucial factor for the company's investment narrative, particularly as opinions on its fair value widely differ among analysts.

Marriott Vacations Worldwide (VAC) recently increased its quarterly dividend to $0.80 per share and extended its share buyback plan, signaling management confidence. Despite solid revenue and profit growth, the stock has seen a sharp decline over the past one and three years, raising questions about whether current pricing reflects a discounted recovery or if the rebound is already priced in. Analysts project a higher fair value for VAC, suggesting it is currently undervalued, with expected earnings growth to $355.3 million by September 2028.

Nine brokerages have given Marriott Vacations Worldwide Corporation (NYSE:VAC) an average rating of "Hold," with a one-year price target of approximately $63.38. Despite some recent rating and target cuts by firms, the company reported a Q3 EPS beat and provided solid FY2025 guidance above analyst expectations. Marriott Vacations Worldwide also increased its quarterly dividend and saw notable insider buying activity.

Marriott Vacations Worldwide Corp. and Marriott Ownership Resorts have agreed to pay $175,000 to resolve an EEOC claim of religious discrimination. The case involved a former Seventh-Day Adventist employee whose accommodation for not working Saturdays to observe her Sabbath was revoked after a change in management. The settlement includes financial compensation, training for managers and HR on Title VII and "undue hardship" standards, and public posting of an EEOC notice.

Marriott Vacations Worldwide (VAC) has increased its quarterly dividend to US$0.80 per share and extended its share repurchase program, signaling a commitment to shareholder returns. This move comes as the company navigates soft contract sales and increased credit risk, requiring investors to weigh these capital management strategies against ongoing operational pressures. While the dividend hike and buyback support the investment narrative, concerns remain regarding loan loss provisions and economic sensitivity.