Bluegreen Vacations Holding Co. (NYSE:BVH – Get Free Report) declared a quarterly dividend on Friday, November 17th, Zacks reports. Shareholders of record on Tuesday, December 5th will be paid a dividend of 0.20 per share on Monday, December 18th. This represents a $0.80 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Monday, December 4th.
Bluegreen Vacations has a dividend payout ratio of 16.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Bluegreen Vacations to earn $5.14 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 15.6%.
Bluegreen Vacations Price Performance
Shares of BVH stock opened at $73.66 on Friday. The firm’s 50-day moving average is $42.34 and its two-hundred day moving average is $36.78. The company has a market capitalization of $1.26 billion, a PE ratio of 19.85 and a beta of 1.74. Bluegreen Vacations has a 12 month low of $21.05 and a 12 month high of $73.97. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.93 and a quick ratio of 0.93.
Institutional Investors Weigh In On Bluegreen Vacations
Analysts Set New Price Targets
A number of research firms have recently issued reports on BVH. Truist Financial downgraded shares of Bluegreen Vacations from a “buy” rating to a “hold” rating and boosted their price target for the company from $54.00 to $75.00 in a research note on Wednesday. B. Riley downgraded shares of Bluegreen Vacations from a “buy” rating to a “neutral” rating and boosted their price target for the company from $66.00 to $75.00 in a research note on Tuesday, November 7th. Finally, TheStreet raised shares of Bluegreen Vacations from a “d+” rating to a “c+” rating in a research note on Monday, November 6th.
Bluegreen Vacations Company Profile
Bluegreen Vacations Holding Corporation operates as a vacation ownership company. The company markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. It also provides resort management, mortgage, title, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners' associations.
- Five stocks we like better than Bluegreen Vacations
- How to Use the MarketBeat Stock Split Calculator
- MarketBeat Week in Review – 11/13 – 11/17
- Best Stocks Under $5.00
- 3 large caps with red hot RSIs with upside
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Johnson Controls International: Nothing but upside for investors
Receive News & Ratings for Bluegreen Vacations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bluegreen Vacations and related companies with MarketBeat.com's FREE daily email newsletter.