Vail Resorts’ 6% Dividend Yield Draws Investor Scrutiny Amid Stock Struggles
Vail Resorts (MTN -2.75%), operator of the Epic Pass ski network, faces investor skepticism despite its 6% dividend yield. The company's iconic assets and regulatory moat in ski resort development haven't shielded its stock from recent declines.
Fiscal Q3 results showed flat net revenue and a marginal 1% EBITDA dip, with management citing weak lift-ticket demand. Updated full-year EBITDA guidance of $831-$851 million suggests underlying strength, yet the $5.3 billion market cap reflects lingering concerns about leisure spending.