Brokerages expect Vail Resorts, Inc. (NYSE:MTN) to report $4.00 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Vail Resorts’ earnings. The highest EPS estimate is $4.14 and the lowest is $3.72. Vail Resorts reported earnings of $3.63 per share during the same quarter last year, which would indicate a positive year over year growth rate of 10.2%. The company is expected to report its next quarterly earnings report on Friday, March 9th.
On average, analysts expect that Vail Resorts will report full year earnings of $7.03 per share for the current financial year, with EPS estimates ranging from $6.72 to $7.15. For the next year, analysts expect that the business will post earnings of $6.96 per share, with EPS estimates ranging from $6.74 to $7.32. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Vail Resorts.
Vail Resorts (NYSE:MTN) last issued its earnings results on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The business had revenue of $220.90 million for the quarter, compared to the consensus estimate of $198.95 million. During the same quarter in the previous year, the firm posted ($1.70) EPS. The business’s revenue was up 23.9% on a year-over-year basis.
Vail Resorts (MTN) traded down $2.43 during mid-day trading on Friday, hitting $212.47. 345,399 shares of the stock traded hands, compared to its average volume of 510,668. Vail Resorts has a 1 year low of $159.84 and a 1 year high of $237.77. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.56 and a quick ratio of 0.41. The stock has a market capitalization of $8,585.28, a P/E ratio of 36.07 and a beta of 0.45.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Wednesday, December 27th will be given a dividend of $1.053 per share. This represents a $4.21 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Tuesday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 71.48%.
In other Vail Resorts news, insider Robert A. Katz sold 115,900 shares of the business’s stock in a transaction on Friday, October 6th. The shares were sold at an average price of $218.73, for a total transaction of $25,350,807.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Patricia A. Campbell sold 5,515 shares of the business’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $222.41, for a total transaction of $1,226,591.15. Following the transaction, the insider now owns 28,736 shares in the company, valued at approximately $6,391,173.76. The disclosure for this sale can be found here. Insiders have sold 236,742 shares of company stock worth $51,804,735 in the last quarter. Company insiders own 3.30% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the business. Commonwealth Bank of Australia boosted its position in Vail Resorts by 284.5% during the second quarter. Commonwealth Bank of Australia now owns 496 shares of the company’s stock worth $100,000 after purchasing an additional 367 shares in the last quarter. Toronto Dominion Bank bought a new stake in Vail Resorts during the 2nd quarter valued at $100,000. Strs Ohio bought a new stake in Vail Resorts during the 2nd quarter valued at $105,000. SG Americas Securities LLC bought a new stake in Vail Resorts during the 2nd quarter valued at $117,000. Finally, IFP Advisors Inc raised its stake in Vail Resorts by 61.7% during the 3rd quarter. IFP Advisors Inc now owns 802 shares of the company’s stock valued at $183,000 after acquiring an additional 306 shares in the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.
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About Vail Resorts
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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