Marriott Vacations Worldwide (NYSE:VAC) Announces Earnings Results, Misses Estimates By $0.43 EPS

05 May 2026, 13:32 by Scott Moore · The Cerbat Gem

Marriott Vacations Worldwide (NYSE:VAC – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.43), FiscalAI reports. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Marriott Vacations Worldwide had a positive return on equity of 11.77% and a negative net margin of 6.12%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $1.66 earnings per share. Marriott Vacations Worldwide updated its FY 2026 guidance to 7.050-7.800 EPS.

Here are the key takeaways from Marriott Vacations Worldwide’s conference call:

Management completed a rapid leadership overhaul (hiring Mike Flaskey as President & COO, a new Chief Sales & Marketing Officer and frontline sales hires) and finished planned workforce reductions, actions the company says are already improving operational execution.
Q1 adjusted EBITDA fell 16% to $161 million and contract sales declined 2% to $411 million, with tours down 3% and marketing/product costs rising, reflecting a transitional quarter with higher short-term expenses.
Adjusted free cash flow was $114 million (up $74M), the company closed a $460M securitization at a 4.86% blended rate, completed the Westin Cancun sale, and reiterated plans to generate $200–$250M from asset dispositions by end-2027 while targeting leverage below 4x.
April momentum was strong—contract sales rose 8% YoY (North America +11%)—leading the company to raise full-year contract sales guidance to +3%–7% while reaffirming EBITDA guidance for the year.
New commercial initiatives (expanded owner loyalty tiers, “Dream Vacation Packages,” the June “Inner Circle” experiential events, data-driven tour logistics and compensation alignment) are being rolled out to drive higher tours, VPGs and longer-term revenue and EBITDA growth.

Marriott Vacations Worldwide Stock Performance

Shares of NYSE VAC traded up $4.36 during midday trading on Tuesday, hitting $74.57. 334,774 shares of the company’s stock were exchanged, compared to its average volume of 578,068. The company has a debt-to-equity ratio of 2.85, a current ratio of 3.48 and a quick ratio of 2.94. The stock’s 50 day moving average price is $68.17 and its 200-day moving average price is $61.49. The firm has a market cap of $2.56 billion, a P/E ratio of -8.07, a PEG ratio of 1.72 and a beta of 1.20. Marriott Vacations Worldwide has a twelve month low of $44.58 and a twelve month high of $86.33.

Marriott Vacations Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.80 per share. The ex-dividend date was Wednesday, March 4th. This represents a $3.20 annualized dividend and a dividend yield of 4.3%. Marriott Vacations Worldwide’s payout ratio is currently -34.52%.

Insider Activity

In other Marriott Vacations Worldwide news, insider Michael Flaskey acquired 14,862 shares of Marriott Vacations Worldwide stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $67.26 per share, for a total transaction of $999,618.12. Following the completion of the transaction, the insider owned 14,862 shares in the company, valued at approximately $999,618.12. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 13.30% of the company’s stock.

Hedge Funds Weigh In On Marriott Vacations Worldwide

Several hedge funds and other institutional investors have recently made changes to their positions in VAC. Goldman Sachs Group Inc. boosted its position in shares of Marriott Vacations Worldwide by 18.2% during the first quarter. Goldman Sachs Group Inc. now owns 140,662 shares of the company’s stock worth $9,036,000 after buying an additional 21,623 shares during the period. Empowered Funds LLC boosted its position in shares of Marriott Vacations Worldwide by 147.9% during the first quarter. Empowered Funds LLC now owns 8,487 shares of the company’s stock worth $545,000 after buying an additional 5,064 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Marriott Vacations Worldwide by 4.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 100,636 shares of the company’s stock worth $6,465,000 after buying an additional 4,497 shares during the period. Invesco Ltd. boosted its position in shares of Marriott Vacations Worldwide by 102.9% during the second quarter. Invesco Ltd. now owns 212,199 shares of the company’s stock worth $15,344,000 after buying an additional 107,598 shares during the period. Finally, First Trust Advisors LP lifted its position in Marriott Vacations Worldwide by 22.7% in the second quarter. First Trust Advisors LP now owns 121,820 shares of the company’s stock worth $8,809,000 after purchasing an additional 22,506 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on VAC shares. Jefferies Financial Group upgraded Marriott Vacations Worldwide from a “hold” rating to a “buy” rating and lifted their price target for the stock from $52.00 to $105.00 in a research note on Monday, March 2nd. Mizuho upgraded Marriott Vacations Worldwide from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $58.00 to $104.00 in a research note on Thursday, March 5th. Zacks Research upgraded Marriott Vacations Worldwide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded Marriott Vacations Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Morgan Stanley decreased their price target on Marriott Vacations Worldwide from $52.00 to $50.00 and set an “underweight” rating for the company in a research note on Friday, April 10th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Marriott Vacations Worldwide has a consensus rating of “Hold” and an average target price of $75.30.

Check Out Our Latest Research Report on Marriott Vacations Worldwide

Marriott Vacations Worldwide News Summary

Here are the key news stories impacting Marriott Vacations Worldwide this week:

Positive Sentiment: Zacks upgraded VAC to a Zacks Rank #1 (Strong Buy), signaling growing optimism on the company’s earnings outlook and likely attracting buy-side interest. Read More.
Positive Sentiment: VAC was added to Zacks’ lists of top income and new Strong Buy stocks (additional visibility to income-oriented and Zacks-following investors). Read More. Read More.
Neutral Sentiment: Revenue beat — Q1 revenue was $1.26B vs. ~ $1.20B est and rose ~4.8% YoY, showing demand resilience in the business despite EPS weakness; company posted slides and a press release for the quarter. Read More.
Neutral Sentiment: FY-2026 guidance updated/reaffirmed to an EPS range of 7.05–7.80 (company’s range sits slightly below consensus midpoints); management said it is reaffirming outlook despite a softer quarter — mixed signal for near-term estimates. Read More.
Negative Sentiment: Q1 EPS missed — reported $1.24 vs. Zacks/consensus around $1.60–$1.67, and below prior-year EPS of $1.66; an EPS miss weighs on near-term earnings credibility. Read More.
Negative Sentiment: Profitability metrics remain mixed — the quarter showed a negative net margin and EPS decline YoY, highlighting margin pressure that investors will watch going forward. Read More.

About Marriott Vacations Worldwide

(Get Free Report)

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.