Vail Resorts, Inc. (NYSE:MTN) Receives Consensus Rating of “Hold” from Brokerages

Shares of Vail Resorts, Inc. (NYSE:MTN) have earned an average rating of “Hold” from the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $204.50.

MTN has been the topic of several recent research reports. Stifel Nicolaus upped their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Morgan Stanley reissued an “equal weight” rating and issued a $197.00 target price on shares of Vail Resorts in a research note on Monday, December 23rd. Mizuho lifted their price target on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Truist Financial decreased their target price on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday, December 10th.

Vail Resorts Trading Down 1.1 %

NYSE:MTN opened at $170.19 on Monday. The company has a 50-day moving average price of $182.57 and a 200-day moving average price of $178.84. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.04 and a beta of 1.12. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts has a 12 month low of $165.00 and a 12 month high of $236.92.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same period last year, the business posted ($4.60) earnings per share. Vail Resorts’s quarterly revenue was up .7% compared to the same quarter last year. Equities analysts predict that Vail Resorts will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

Hedge Funds Weigh In On Vail Resorts

Institutional investors and hedge funds have recently modified their holdings of the company. Stifel Financial Corp increased its position in Vail Resorts by 47.6% during the third quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock valued at $3,683,000 after acquiring an additional 6,816 shares during the last quarter. Western Pacific Wealth Management LP purchased a new stake in shares of Vail Resorts during the 4th quarter valued at about $291,000. Nisa Investment Advisors LLC increased its position in shares of Vail Resorts by 409.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company’s stock valued at $861,000 after purchasing an additional 3,648 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Vail Resorts by 1.3% in the third quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock worth $113,252,000 after buying an additional 8,422 shares during the last quarter. Finally, Green Alpha Advisors LLC grew its position in Vail Resorts by 101.3% during the fourth quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company’s stock valued at $1,146,000 after buying an additional 3,075 shares during the period. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.