Marriott International, Inc. (MAR)
Market Cap | 77.86B |
Revenue (ttm) | 6.57B |
Net Income (ttm) | 2.77B |
Shares Out | 277.89M |
EPS (ttm) | 9.57 |
PE Ratio | 29.26 |
Forward PE | 27.38 |
Dividend | $2.41 (0.86%) |
Ex-Dividend Date | Nov 21, 2024 |
Volume | 907,838 |
Open | 279.55 |
Previous Close | 279.27 |
Day's Range | 278.54 - 280.83 |
52-Week Range | 200.94 - 289.04 |
Beta | 1.58 |
Analysts | Buy |
Price Target | 258.55 (-7.72%) |
Earnings Date | Nov 4, 2024 |
About MAR
Marriott International, Inc. engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Marriott BonvoyÂ, Fa... [Read more]
Financial Performance
In 2023, Marriott International's revenue was $6.30 billion, an increase of 17.63% compared to the previous year's $5.36 billion. Earnings were $3.08 billion, an increase of 30.75%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $258.55, which is a decrease of -7.72% from the latest price.
News
AUSTINPLACE BECOMES LARGEST SINGLE COLLECTION OF MARRIOTT HOTELS IN TEXAS
10-hotel collection with more than 220,000 square feet of meeting space and more than 3,300 guest rooms band together to create convention center destination 10-hotel collection with more than 220,000...
MARRIOTT INTERNATIONAL SIGNS AGREEMENT TO BRING THE SECOND EDITION HOTEL TO SHANGHAI
SHANGHAI , Nov. 20, 2024 /PRNewswire/ -- Marriott International Inc. recently announced that it has signed an agreement with New Development Group to bring the second EDITION Hotels to Shanghai, set t...
Marriott International Chief Financial Officer and Executive Vice President, Development to Speak at the Barclays 2024 Eat, Sleep, Play Conference December 5; Remarks to be Webcast
BETHESDA, Md. , Nov. 20, 2024 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR) Chief Financial Officer and Executive Vice President, Development, Leeny Oberg, will speak at the Barclays 20...
Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
Modest-income households have a strong appetite for travel and "a real desire to find a value alternative," said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company...
Marriott CEO Tony Capuano: 'We are firing on all cylinders in every geography'
Marriott International's business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid corporate layoffs and sluggishness in China's domestic tourism market. Demand and high occ...
UNITE HERE Calls on Regulators to Investigate Marriott's Resort Fees
SAN FRANCISCO--(BUSINESS WIRE)--Marriott claims its “destination fees” enhance your stay. The hotel workers union says guests and regulators should decide if that's true.
Marriott International Expands Branded Residences Portfolio in Europe, Middle East & Africa Region
Underscoring the company's global leadership in branded residences and luxury development, Marriott International announces a strong residential pipeline in the EMEA region. ATHENS, Greece , Nov. 19, ...
Peachtree Group Breaks Ground on Residence Inn by Marriott in San Antonio, Texas
ATLANTA & SAN ANTONIO--(BUSINESS WIRE)--Peachtree Group broke ground on a new 171-room studio-suite Residence Inn by Marriott in downtown San Antonio, Texas.
Marriott International Announces 100th Property in Japan with the Opening of Four Points Flex by Sheraton Osaka Umeda
Marking The Debut Of The Four Points Flex Brand In Asia Pacific, This Opening Underscores The Company's Strategic Growth In The Affordable Midscale Segment TOKYO , Nov. 18, 2024 /PRNewswire/ -- Marrio...
Why I've Got an Eye On These Travel Stocks
Going places to gather experiences, learn and relax is what people do as income grows and these travel stocks are likely to benefit from that trend.
Affinity Hospitality Announced Marriott Courtyard® Midtown Anchorage Expected Completion Spring 2026
ANCHORAGE, Alaska--(BUSINESS WIRE)-- #anchoragealaska--Affinity Hospitality announced the highly anticipated property, The Courtyard by Marriott Midtown Anchorage, is anticipated to open Spring 2026. ...
Design Hotels Accelerates Global Portfolio Growth with Milestone Signings
Signings include Highly Anticipated New Hotels in the United States (NYC, Nashville, and San Diego), Mexico, Switzerland, Italy, Turkey, Singapore and Bali BERLIN , Nov. 12, 2024 /PRNewswire/ -- Desig...
MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND
BETHESDA, Md. , Nov. 7, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common s...
Galaxy Hotels Group Debuts New Courtyard by Marriott Reno Sparks in Northern Nevada
RENO-SPARKS, Nev. & FRISCO, Texas--(BUSINESS WIRE)--Frisco, Texas-based Galaxy Hotels Group debuts new Courtyard by Marriott Reno Sparks in northern Nevada, representing Galaxy's sixth hotel in Nevada...
Newly Announced Royalton Chic Barbados to Join Marriott's Autograph Collection Portfolio
ST. MICHAEL, Barbados, Nov. 05, 2024 (GLOBE NEWSWIRE) -- During the 2024 World Travel Market (WTM) in London, Blue Diamond Resorts is thrilled to announce that the eagerly awaited Royalton CHIC Barbad...
Marriott Analysts Boost Their Forecasts After Q3 Earnings
Marriott International MAR reported worse-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance below estimates on Monday.
Newly Announced Royalton CHIC Barbados to Join Marriott's Autograph Collection Portfolio
ST. MICHAEL, Barbados, Nov. 05, 2024 (GLOBE NEWSWIRE) -- During the 2024 World Travel Market (WTM) in London, Blue Diamond Resorts is thrilled to announce that the eagerly awaited Royalton CHIC Barbad...
THE RITZ-CARLTON, NAPLES DEBUTS "NYE BLACK-TIE GALA" WITH ACCLAIMED JAZZ SENSATION STELLA COLE
Celebrate in style with an unparalleled evening of dining, dancing and music in Naples' premiere luxury setting. NAPLES, Fla.
Josh Brown highlights two stocks poised for breakout: Delta Air Lines and Marriott
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he sees these two stocks breaking out.
Marriott has room to grow in Asia beyond China: Analyst
Global hotel chain Marriott International (MAR) cut its full-year outlook in connection to declining revenue in the Chinese market. Marriott just missed estimates on its top and bottom lines, posting ...
Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript
Marriott International, Inc. (NASDAQ:MAR) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Jackie McConagha - SVP, IR Anthony Capuano - President & CEO Leeny Oberg - ...
Stock Of The Day: Can 'Market Memory' Support Marriott After Earnings Miss?
Marriott International MAR shares dropped Monday following third-quarter earnings that missed expectations. Despite a decline, the stock appears to have found support at a key price level, reflecting ...
Dow Falls Over 200 Points; Marriott Posts Downbeat Earnings
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Monday.
Marriott International Reports Third Quarter 2024 Results
Third quarter 2024 comparable systemwide constant dollar RevPAR increased 3.0 percent worldwide, 2.1 percent in the U.S. & Canada, and 5.4 percent in international markets, compared to the 2023 third ...
Super Micro, Ferrari, Marriott, Airbnb, Novo Nordisk, and More Stocks to Watch This Week
U.S. Election Day, a Federal Reserve meeting, and earnings reports from around 100 S&P 500 companies.