Vail Resorts (MTN)

• Market cap: $5.2B
• 1 day: -1.97%
• 5 days: 3.11%
• 1 month: -13.01%
• 3 months: -19.07%
• 6 months: -17.56%
• Year to date: -20.53%
• 1 year: -26.49%
• 5 years: -18.60%
• 10 years: 40.31%
• Sector: Consumer Discretionary
• Industry: Resorts & Casinos

About: Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

Employees: 52,500

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

112% more call options, than puts

Call options by funds: $165M | Put options by funds: $78.2M

24% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 70

20% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]

11% more capital invested

Capital invested by funds: $6.55B [Q3] → $7.27B (+$712M) [Q4]

2.74% more ownership

Funds ownership: 100.78% [Q3] → 103.52% (+2.74%) [Q4]

2% more funds holding

Funds holding: 461 [Q3] → 472 (+11) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 159

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $152 9% upside
• Avg. target: $176 27% upside
• High target: $215 54% upside

6 analyst ratings

• positive: 1 17%
• neutral: 3 50%
• negative: 2 33%

B of A Securities Shaun Kelley 30% 1-year accuracy 3 / 10 met price target	15% upside $160	Neutral Maintained	21 Apr 2025
Macquarie Paul Golding 23% 1-year accuracy 12 / 53 met price target	33% upside $185	Neutral Maintained	12 Mar 2025
Mizuho Ben Chaiken 28% 1-year accuracy 15 / 54 met price target	54% upside $215	Outperform Maintained	11 Mar 2025
JP Morgan Matthew Boss 43% 1-year accuracy 35 / 81 met price target	20% upside $167	Underweight Maintained	11 Mar 2025
Morgan Stanley Megan Alexander 69% 1-year accuracy 11 / 16 met price target	28% upside $178	Equal-Weight Maintained	11 Mar 2025