Vail Resorts Reports Fiscal 2016 Second Quarter Results, Increases Fiscal 2016 Guidance and Increases Quarterly Dividend 30%

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Janney Capital Reiterates Buy on Vail Resorts (MTN) as Weather Drives 2Q Results

March 11, 2016 6:51 AM EST

Janney Capital reiterated a Buy rating on Vail Resorts (NYSE: MTN), and raised the price target to $147.00 (from $142.00), following the company's 2Q earnings report. MTN reported revenue of $599M and resort EBITDA of $242M. This was above expectations for $591M and $227M. Janney... More

Why Sell Vail Resorts (MTN) When You Can Buy? - Janney

March 11, 2016 6:40 AM EST

While many have been selling Vail Resorts (NYSE: MTN) following its Q4 report this week, Janney recommends doing something a little different: buying.

According to analyst Tyler Batory commented:... More

Vail Resorts (MTN) Raises Quarterly Dividend 30.1% to $0.81; 2.4% Yield

March 10, 2016 6:49 AM EST

Vail Resorts (NYSE: MTN) declared a quarterly dividend of $0.81 per share, or $3.24 annualized. This is a 30.1% increase from the prior dividend of $0.6225.

The dividend will be payable on April 13, 2016, to stockholders of record on March 29, 2016, with an ex-dividend date of March 24,... More

Vail Resorts (MTN) Tops Q2 EPS by 14c; Updates FY16 Resort Reported EBITDA Outlook

March 10, 2016 6:48 AM EST

Vail Resorts (NYSE: MTN) reported Q2 EPS of $3.14, $0.14 better than the analyst estimate of $3.00. Revenue for the quarter came in at $599 million versus the consensus estimate of $587.33 million.

The Company announced ski season-to-date metrics for the comparative periods from the beginning of the ski season through Sunday, March 6, 2016, and for the prior year period through Sunday, March 8, 2015. The reported ski season metrics are for our U.S. mountain resorts, excluding results from Perisher and... More