Latest news with #VailResorts
Globe and Mail
15-07-2025
- Business
- Globe and Mail
3 Top High-Yield Dividend Stocks I Just Bought to Boost My Passive Income
Key Points Brookfield Infrastructure expects to grow its high-yielding dividend by 5% to 9% annually. W.P. Carey has increased its dividend every quarter since exiting the office sector. Vail Resorts has been steadily growing its dividend since reinstating it following the pandemic. 10 stocks we like better than Brookfield Infrastructure › I want to become more financially independent. That's why I'm steadily building my sources of passive income. I desire to eventually reach the point where my passive income covers my basic living expenses. I steadily make progress toward that goal by investing in income-generating investments, like high-yield dividend stocks. I recently bought more shares of Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), W.P. Carey (NYSE: WPC), and Vail Resorts (NYSE: MTN). Here's why I think they're excellent dividend stocks for generating passive income. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » A dividend growth powerhouse Brookfield Infrastructure owns a globally diversified portfolio of critical infrastructure businesses. Its utility, energy midstream, transportation, and data assets generate stable cash flow. About 85% of its funds from operations (FFO) come from contracted or regulated rate structures with a weighted average remaining term of nine years. These frameworks also index 85% of its FFO to inflation or protect it from the impact of inflation. The company pays out 60% to 70% of its stable cash flow in dividends. That payout currently yields over 4%. Brookfield also backs its high-yielding dividend with a strong investment-grade balance sheet. These features put it on a very sustainable foundation. Brookfield also has an excellent record of growing its dividend, which should continue. It has raised its payout for 16 straight years, growing it at a 9% compound annual rate. The company aims to increase its payment by 5% to 9% annually in the future. Driving dividend growth will be a combination of inflation indexation, volume growth as the global economy expands, expansion projects, and accretive acquisitions. Brookfield expects those catalysts to fuel more than 10% annual FFO-per-share growth. Steady passive income from real estate W.P. Carey is a diversified REIT that owns operationally critical real estate in North America and Europe. It owns single-tenant industrial, warehouse, retail, and other properties primarily secured by long-term net leases with built-in rent escalations. Net leases generate very stable rental income because tenants cover all property operating costs, including routine maintenance, real estate taxes, and building insurance. Half of its leases link rents to inflation, while most of the rest increase rents at a fixed rate. The REIT pays out 70% to 75% of its stable income via a dividend that currently yields more than 5.5%. It retains the rest to help fund new income-generating real estate investments. Rising income from rent growth and its steadily expanding portfolio enable W.P. Carey to increase its dividend. The REIT has raised its payment every quarter since resetting the dividend in late 2023 following its decision to exit the office sector by selling and spinning off those properties. Before that, it had increased its dividend at least once a year for a quarter century. A mountainous payout Vail Resorts is a leading operator of ski resorts. The company generates increasingly recurring revenue via its season pass program. That business model has enabled the company to deliver steadily rising revenue and free cash flow, with compound annual growth rates of 8% and 10%, respectively, over the past decade. The ski resort operator's stable and growing cash flow has enabled it to invest in expanding its resorts while also returning cash to shareholders. It has invested over $1.8 billion into its existing resorts over the past 10 years. Vail has also expanded its resort portfolio, spending $1.9 billion on acquisitions, including the Crans-Montana Mountain Resort in Switzerland in 2023 and three ski resorts in the Pittsburgh area in 2021. Vail has also paid over $1.9 billion in dividends and repurchased $900 million of its stock over the past decade. While the company suspended its dividend during the pandemic, it brought it back as conditions improved and has been steadily increasing its payout, which is much higher than its pre-pandemic level. That dividend growth has helped push its yield above 5%. Adding to my growing passive income streams I routinely buy more shares of high-quality, higher-yielding dividend stocks with histories of increasing their payouts, including Brookfield Infrastructure, W.P. Carey, and Vail Resorts. As a result, my passive income continues to grow. This strategy has me steadily making progress toward my goal of becoming financially independent. Should you invest $1,000 in Brookfield Infrastructure right now? Before you buy stock in Brookfield Infrastructure, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Brookfield Infrastructure wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 14, 2025
Yahoo
27-06-2025
- Business
- Yahoo
Why Vail Resorts (MTN) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks. Vail Resorts, Inc. is a Delaware-based holding company founded in 1997. Its operations are carried out by several subsidiaries and are clustered into three segments, namely Mountain, Lodging and Real Estate. MTN boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Vail Resorts are trading at a forward earnings multiple of 20X , as well as a PEG Ratio of 1.9, a Price/Cash Flow ratio of 11.5X, and a Price/Sales ratio of 2X. Many value investors pay close attention to a company's earnings as well. For MTN, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.24 to $7.77 per share for 2025. MTN boasts an average earnings surprise of 2.7%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding MTN to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Advertiser
26-06-2025
- Entertainment
- The Advertiser
Nothing beats this retro classic hotel for a schlep-free family ski holiday
Listening to the wild weather soundtrack while dining on delicious calamari fritti and perfectly plated lamb with chimichurri is a "pinch me" moment. We have hypnotic front-row seats to a raging weather symphony that is buffeting the outdoor Australian and US flags (Perisher is owned by Vail Resorts). Meanwhile we're snug as bugs by the open fireplace, with a talented piano player and candlelight adding to the ambience. Mid sugar rush my youngest declares her hot chocolate the world's best and breakfast is equally exceptional, a fuelling feast for a day on the ski slopes of a la carte and buffet options.
Yahoo
23-06-2025
- Business
- Yahoo
Vail Resorts Maintains Dividend Appeal Despite Earnings and Guidance Revisions
Vail Resorts, Inc. (NYSE:MTN) is one of the 10 best dividend stocks according to Jim Cramer. The company received a Hold rating from Morgan Stanley, with a price target of $146. An aerial view of a mountain resort, its snow-capped peaks and lush ski slopes revealed in all their glory. Headquartered in Colorado, Vail Resorts, Inc. (NYSE:MTN) is a mountain resort company that owns and operates a network of resorts, hotels, and real estate properties across the globe. The company provides experience related to skiing, snowboarding, and other mountain-based activities. Additionally, it also offers lodging and retail services to its customers. Vail Resorts, Inc. (NYSE:MTN) held its Q3 earnings call earlier this month. The company reported a 3% growth in resort-reported EBITDA year-to-date and a 4% increase in season pass revenue. However, the lower-than-expected lift ticket visitation, in addition to one-time costs related to Rob Katz's succession to Kirsten Lynch as the company's CEO, has caused the company to adjust its fiscal 2025 guidance. Following the earnings call, Morgan Stanley has given a Hold rating for the stock, with a price target of $146. The company's share price when closing on Tuesday was $155.76. With a dividend yield of 5.71%, Vail Resorts, Inc. (NYSE:MTN) gains a position on our list. Though the payout ratio of 113.12% highlights riskiness, 4 years of consecutive dividend growth keep the stock appealing to income-seeking investors. While we acknowledge the potential of MTN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: andDisclosure. None.
Telegraph
21-06-2025
- Business
- Telegraph
Epic or Ikon Pass: Are multi-resort ski lift passes worth the cost?
A lot has been written about the Epic Pass and the Ikon Pass since they were first released to skiers and snowboarders, in 2008 and 2018 respectively. Depending on who you listen to, these multi-resort season ski passes, launched by US-based companies Vail Resorts (Epic), and the Alterra Mountain Company (Ikon), have either opened up affordable multi-resort skiing to the masses, or destroyed the sport completely. As always, the truth is a little more nuanced than much of the internet would have you believe. But as the passes and the conglomerates behind them continue to evolve, with significant expansion in Europe in recent years, most people's principal questions remain the same: is a multi-resort lift pass worth it? And if so, which one should I buy? Epic, Ikon, or something else entirely? In this guide: What is a multi-resort lift pass? How much does the Epic Pass or Ikon Pass cost? Should I buy a multi-resort lift pass this winter? What are the downsides? Are there any additional perks? What is a multi-resort lift pass? A multi-resort pass is a season pass that allows you to ride the lifts at a large number of ski resorts throughout the winter for a fixed price. The Epic Pass The first mass market multi-season pass was the Epic Pass, launched by Vail Resorts in 2008. At the time, the company owned five resorts: Breckenridge, Beaver Creek and Keystone in Colorado as well as Vail itself, and Heavenly, on the south shore of Lake Tahoe, in California. The original Epic Pass offered skiers unlimited days at all five for just US$569 (£419) – a ludicrously good deal compared to typical season-pass prices for individual resorts. Some commentators thought the company was crazy, but it proved to be a visionary move. Typically, season-pass sales spiked if there was early snowfall, and slumped if there wasn't. But because the Epic pass was only on sale in the summer months, with the cheapest prices reserved for earlier buyers, the company could guarantee its cash flow for the following winter long before the snow had started to fall. Today, Vail owns and operates 42 ski resorts around the world, including Whistler in Canada, Park City in Utah, and two recently-acquired resorts in Switzerland: Andermatt and Crans-Montana. Thanks to partnership agreements, the Epic Pass for the upcoming 2025/26 winter will allow holders to ski in over 80 resorts worldwide – including unlimited days to Vail-owned destinations. The Ikon Pass Having noted the success of the Epic Pass, the Alterra Mountain Company launched their own version, the Ikon Pass, in 2018. Alterra owns 17 ski resorts (and two heli-skiing operations) all of them in North America. Their Ikon Pass offers unlimited access to most of their properties (with a few exceptions, like Deer Valley and the heli-skiing operations) and up to seven days skiing in over 60 partner resorts worldwide, including iconic destinations in Europe like Zermatt Chamonix, and the Dolomiti Superski Area. Other passes There are other multi-resort passes on offer too. As a response to the dominance of Vail and Alterra, various independently-owned ski areas banded together to launch the Indy Pass in 2019. The 2025/26 version will offer up to two-days access in over 250 resorts worldwide. In Europe, there's the Magic Pass, which offers unlimited access to just over 100 resorts – the bulk of which are in Switzerland, with a handful in France and Italy. Elsewhere, passes like the Austrian Snow Card Tirol, or the Italian SuperSkirama, Dolomiti SuperSki, and Aosta Valley passes cover collections of resorts clustered around particular locations. How much do multi-resort passes cost? A full Epic Pass for 2025/26 winter season costs US$1,075 (£794), for an adult, or US$548 (£400) for a children aged five to 12. You can also buy local versions of the pass for less. An adult Ikon Pass costs US$1,429 (£1,055), but young adults aged 13 to 22 only pay US$1,089 (£804), and kids aged five to 12 pay $439 (£324). You can buy an Ikon base pass, with unlimited access to slightly fewer resorts, for less. Indy Passes typically cost far less, but they're sold out for the forthcoming season. The Magic Pass costs CHF419 (£327) for the 2025/26 season. And are they worth the expense? If you live in the United States If you're a keen skier living in the US, then almost certainly yes. Standard lift-pass prices are astronomical in the United States (last winter, a single day at the high-end resort of Deer Valley would set you back US$279 (£206)) and if you're going on more than one ski trip a season, it's likely that a multi-resort pass will save you money. The multi-resort pass model works particularly well for people based in big, well-connected cities, who are taking multiple trips (often weekends) a winter to different ski areas. It also works well for East Coasters who might do regular day trips to a local mountain but want to do one big, week-long trip out west per winter. If you're a US-based skier whose likely to head to the same resort each weekend, or you're only going to take one week-long holiday each winter, it's worth checking out single ski area prices before you buy a multi-resort pass. If you live in Europe or beyond For most skiers based in Europe or the UK, Epic and Ikon passes probably aren't worth it. You could do a week in Chamonix and a week in Zermatt (both included on the Ikon pass) and you'd pay less for a six-day ski pass in each than you would an Ikon season pass. The exception to this rule is if you're planning on heading to the US or Canada multiple times in a single season – or if you're planning to go to the US once, and a European resort covered by one of the passes. Although most of the largest Swiss resorts are not included, the Magic Pass is a great option if you live in Switzerland, or near the Swiss border. For Australians who ski regularly at Hotham, Falls Creek or Perisher, and fancy a week-long jaunt to Whistler or somewhere in the States, the Epic pass is a great option. What are the downsides? Before you splash out on an Epic or Ikon Pass, it's worth looking at the 'blackout days'. Some resorts restrict multi-resort pass holders access during peak periods in order to prioritise those who've bought single passes. Both the Epic and Ikon passes have come in for criticism from certain corners of the ski industry, in part because of their success. Their sheer scale now means it can be hard for independent resorts to compete. The companies have also been accused of squashing the individual quirks of the resorts they buy up. Are there any additional perks? Ikon Pass holders can offer a partner service, run by a third party, but branded as Ikon Pass Travel. Kristin Rust, vice president of communications for Alterra Mountain Company explains: 'It's a travel agency in the States that are ski specialists – their claim to fame is that every single person on their staff has been to the resorts that they sell. So if you want to go to Chamonix, they can help you book your hotel, your flight and so on.' Ikon Pass holders also get discounts on gear from The North Face, Db luggage and a range of other brands, and complimentary bike park tickets in certain destinations for the summer. The Epic Pass also offers a range of ancillary benefits, including 20 per cent off food, lodging, equipment rentals, group lessons and even heli-skiing at select resorts. Epic Pass holders also get unlimited summer access to many Vail-owned resorts, including Crans-Montana in Switzerland, which is particularly well-known for its mountain bike trails. 'While winter is at the heart of what we do, summer in Switzerland offers its own kind of magic, with a full calendar of exciting events and activities,' explained Mike Goar, Vail Resorts chief operating officer for Switzerland.
