Vail Resorts Inc. (NYSE:MTN) insider Patricia A. Campbell sold 291 shares of the firm’s stock in a transaction dated Thursday, October 6th. The stock was sold at an average price of $157.09, for a total value of $45,713.19. Following the completion of the transaction, the insider now directly owns 19,593 shares in the company, valued at $3,077,864.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Vail Resorts Inc. (NYSE:MTN) opened at 153.59 on Thursday. Vail Resorts Inc. has a 1-year low of $106.70 and a 1-year high of $162.95. The company has a market cap of $5.56 billion, a P/E ratio of 38.30 and a beta of 0.66. The firm has a 50-day moving average price of $158.68 and a 200-day moving average price of $142.65.
Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, September 26th. The company reported ($1.80) EPS for the quarter, missing the consensus estimate of ($1.67) by $0.13. The company had revenue of $179.88 million for the quarter. Vail Resorts had a return on equity of 17.22% and a net margin of 9.35%. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the business posted ($1.92) earnings per share. On average, equities analysts expect that Vail Resorts Inc. will post $5.08 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 25th. Shareholders of record on Friday, October 7th will be given a dividend of $0.81 per share. The ex-dividend date of this dividend is Wednesday, October 5th. This represents a $3.24 dividend on an annualized basis and a yield of 2.11%. Vail Resorts’s dividend payout ratio is currently 82.23%.
MTN has been the topic of a number of analyst reports. KeyCorp lifted their price objective on Vail Resorts from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, August 23rd. MKM Partners set a $180.00 price objective on Vail Resorts and gave the company a “buy” rating in a research report on Tuesday, September 20th. Credit Suisse Group AG set a $153.00 price objective on Vail Resorts and gave the company a “buy” rating in a research report on Monday, September 12th. Barclays PLC reaffirmed a “buy” rating and set a $175.00 price objective on shares of Vail Resorts in a research report on Tuesday, September 27th. Finally, Zacks Investment Research raised Vail Resorts from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research report on Wednesday, July 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $153.76.
A number of institutional investors have recently modified their holdings of MTN. Pacer Advisors Inc. increased its position in shares of Vail Resorts by 502.4% in the second quarter. Pacer Advisors Inc. now owns 1,271 shares of the company’s stock worth $176,000 after buying an additional 1,060 shares in the last quarter. Corundum Group Inc. acquired a new position in shares of Vail Resorts during the second quarter worth about $207,000. BlueMountain Capital Management LLC acquired a new position in shares of Vail Resorts during the first quarter worth about $210,000. FineMark National Bank & Trust increased its position in shares of Vail Resorts by 20,025.0% in the second quarter. FineMark National Bank & Trust now owns 1,610 shares of the company’s stock worth $223,000 after buying an additional 1,602 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of Vail Resorts during the second quarter worth about $223,000. Institutional investors own 98.42% of the company’s stock.
Vail Resorts Company Profile