STOCK TITAN

Bluegreen Vacations Holding Corporation - BVH STOCK NEWS

Welcome to our dedicated page for Bluegreen Vacations Holding Corporation news (Ticker: BVH), a resource for investors and traders seeking the latest updates and insights on Bluegreen Vacations Holding Corporation stock.

Bluegreen Vacations Holding Corporation (symbol: BVH) is a prominent player in the vacation ownership industry. With a structured, points-based, deeded vacation ownership plan known as the Bluegreen Vacation Club, the company offers flexible vacation options to more than 180,000 owners. Bluegreen manages over 60 resorts and provides access to more than 4,000 resorts worldwide, ensuring a diverse array of vacation experiences.

Bluegreen's core business is centered around managing, marketing, and selling vacation ownership interests. The company prides itself on offering high-quality vacation experiences and has a significant presence in the United States.

In addition to its robust portfolio of owned and managed resorts, Bluegreen is constantly evolving to meet the needs of modern vacationers. Recent achievements include strategic partnerships and acquisitions that have expanded its footprint and enhanced its service offerings. Notable collaborations, such as those with major hospitality brands, have fortified Bluegreen's market position.

Financially, Bluegreen demonstrates stability and growth through prudent management and a focus on customer satisfaction. The company continually invests in improving its properties and services, ensuring a memorable experience for its clients.

Bluegreen is owned by BBX Capital (NYSE: BBX) and BFC Financial Corporation (OTCQB: BFCF), which hold 46% and 54% ownership interests, respectively. This ownership structure provides Bluegreen with substantial backing and resources, further bolstering its operational capabilities.

Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced its upcoming release of financial results for the first quarter of 2023 on May 4, 2023, prior to market opening. The company is a prominent player in the vacation ownership sector, offering marketing and management of vacation ownership interests across numerous destinations. The Bluegreen Vacation Club provides a flexible, points-based ownership plan, with access to 69 Club and Club Associate Resorts and nearly 11,400 hotels and resorts through various partnerships. This press release serves as a notice for investors to expect detailed financial metrics soon, which may include earnings and revenue figures critical for assessing the company's performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.3%
Tags
-
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced the acquisition of Branson Cedars Resort in Ridgedale, Missouri, through its joint venture with Bass Pro Shops. The property spans approximately 80 acres and features tiny home cottages, cabins, and treehouses, alongside amenities such as swimming pools and a restaurant. Renovation plans for these accommodations and the development of additional vacation ownership units are in the works. This acquisition is part of Bluegreen's strategy to expand its footprint in the Branson/Ridgedale area, now totaling five resorts. The company has recently added several resorts to its portfolio, enhancing its offerings for owners and guests seeking outdoor experiences.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
-
Rhea-AI Summary

BBX Capital reported its financial results for the fourth quarter and year ended December 31, 2022. For Q4 2022, consolidated revenues increased to $107.6 million from $98.2 million in Q4 2021, and net income reached $15.4 million, up from $5.3 million. Yearly, total revenues rose to $342.0 million compared to $313.6 million, but net income fell to $28.0 million from $46.9 million. Diluted earnings per share (EPS) declined to $1.81 from $2.63. The company faces ongoing challenges, including inflation, rising interest rates, and decreased sales transactions anticipated in 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) announced its financial results for the quarter and year ending December 31, 2022. Net income from continuing operations fell 37% to $7.6 million, while total revenue increased 17% to $238 million in Q4 2022. For the full year, net income rose 11% to $64.4 million, and total revenue surged 21% to $919.4 million. Diluted EPS dropped 30% to $0.41 in Q4 but increased 16% annually to $3.24. System-wide sales of vacation ownership interests (VOIs) increased 12% to $186.5 million in Q4 2022. The company also completed a $76 million share buyback, enhancing shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.24%
Tags
-
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced plans to release its fourth quarter and full year financial results for the period ended December 31, 2022. The press release will be issued before the market opens on March 13, 2023. The company, a leader in vacation ownership, markets and sells vacation interests while managing resorts in prime locations. With a flexible, points-based ownership plan, Bluegreen offers access to over 11,300 resorts through partnerships. The upcoming financial results are anticipated by investors for insights into the company's performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
-
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH) has announced the groundbreaking of the Mill Springs Lodge Resort in Pigeon Forge, Tennessee.

This lodge-style resort is expected to open in 2024 and will feature accommodations inspired by the Smoky Mountains, including 67 guest rooms with upgraded amenities.

The development is part of a larger initiative to expand Bluegreen's portfolio, which includes 43 existing resorts. The company recently acquired Panama City Beach Resort and Spa and Vail resort units. The goal is to enhance vacation experiences for owners and meet growing demand.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
none
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced a quarterly cash dividend of $0.20 per share, up from the previous $0.15. This dividend will be payable on March 20, 2023, to shareholders of record as of March 6, 2023. The company specializes in vacation ownership and manages numerous resorts, offering a points-based ownership program with access to over 11,300 hotels globally. This dividend increase reflects the company's confidence in its financial health and aims to reward shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management dividends
-
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) has renewed its multi-year agreement with NASCAR, extending its role as the Official Vacation Ownership Provider for six additional years. The agreement also includes sponsorship of the NASCAR Duel at Daytona through 2024. This partnership aims to enhance unique experiences for Bluegreen vacation owners, who have previously enjoyed exclusive access to NASCAR events. Since its designation in 2018, over 1,800 owners have participated in special race weekend experiences, emphasizing the company's commitment to providing premium entertainment opportunities for its members.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
-
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH) has completed its cash tender offer, purchasing 3,040,882 shares of its Class A Common Stock at $25.00 each, totaling approximately $76 million. The offer, which expired on December 23, 2022, represents around 18.9% of the issued Class A shares and 15.4% of all common shares. Following the buyback, Bluegreen will have 16,719,269 shares outstanding, comprised of 13,055,152 Class A and 3,664,117 Class B shares. All purchased shares will be canceled.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
none
Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH) has announced preliminary results from its cash tender offer to buy back up to 4,500,000 shares of Class A Common Stock at $25.00 per share. The offer expired on December 23, 2022, with 3,133,708 shares tendered, amounting to approximately $78.3 million. This represents about 19.5% of the Class A shares and reduces the total shares outstanding to 16,640,621. Final results will be confirmed by December 30, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none

FAQ

What is the market cap of Bluegreen Vacations Holding Corporation (BVH)?

The market cap of Bluegreen Vacations Holding Corporation (BVH) is approximately 1.0B.

What is the Bluegreen Vacation Club?

The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan offering vacation options at over 60 owned or managed resorts and access to more than 4,000 resorts worldwide.

Who owns Bluegreen Vacations Holding Corporation?

Bluegreen is owned by BBX Capital and BFC Financial Corporation, which hold 46% and 54% ownership interests, respectively.

What does Bluegreen Vacations Holding Corporation do?

Bluegreen manages, markets, and sells vacation ownership interests, providing memorable vacation experiences to more than 180,000 owners.

How many resorts does Bluegreen manage?

Bluegreen manages over 60 resorts and provides access to more than 4,000 resorts worldwide.

What are the recent achievements of Bluegreen?

Recent achievements include strategic partnerships and acquisitions that have expanded Bluegreen's footprint and enhanced their service offerings.

How does Bluegreen ensure financial stability?

Bluegreen ensures financial stability through prudent management, continuous investment in property improvements, and a strong focus on customer satisfaction.

What is unique about Bluegreen's vacation ownership plan?

Bluegreen's vacation ownership plan is unique due to its flexibility, points-based system, and extensive network of resorts, offering diverse vacation options.

What types of partnerships does Bluegreen engage in?

Bluegreen engages in strategic partnerships with major hospitality brands to enhance their market position and broaden their service offerings.

Can non-owners book vacations with Bluegreen?

Typically, Bluegreen's vacation options are reserved for owners, but they may occasionally offer opportunities for non-owners to book stays at their resorts.

How has Bluegreen evolved over the years?

Bluegreen has evolved by continuously investing in property improvements, expanding its resort network, and forming strategic partnerships to enhance vacation experiences.

Bluegreen Vacations Holding Corporation

NYSE:BVH

BVH Rankings

BVH Stock Data

1.00B
7.70M
41.71%
44.31%
5.34%
Resorts & Casinos
Consumer Cyclical
Link
United States
Boca Raton