Marriott International, Inc. (MAR)
| Market Cap | 68.73B |
| Revenue (ttm) | 23.71B |
| Net Income (ttm) | 3.08B |
| Shares Out | 289.49M |
| EPS (ttm) | 10.18 |
| PE Ratio | 23.32 |
| Forward PE | 24.85 |
| Dividend | $2.08 (0.88%) |
| Ex-Dividend Date | Feb 21, 2024 |
| Volume | 1,034,154 |
| Open | 238.56 |
| Previous Close | 236.00 |
| Day's Range | 235.51 - 239.11 |
| 52-Week Range | 162.78 - 260.57 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 235.72 (-0.71%) |
| Earnings Date | May 1, 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, Fairfield by Marriot... [Read more]
Financial Performance
In 2023, MAR's revenue was $23.71 billion, an increase of 14.15% compared to the previous year's $20.77 billion. Earnings were $3.08 billion, an increase of 30.75%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $235.72, which is a decrease of -0.71% from the latest price.
News
Marriott International Celebrates Milestone on Journey Towards Net-Zero
BETHESDA, Md. , April 22, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) has verified its near and long-term science-based emissions reduction targets with the Science Based Targets i...
Fairfield by Marriott Brings the Beauty of Simplicity to Copenhagen for its European Debut
Fairfield by Marriott expands its global footprint with the opening of Fairfield by Marriott Copenhagen Nordhavn, marking its first hotel opening within Europe Link to high-res images: Here BETHESDA, ...
European companies are finally buying back their stock, opening up opportunities
When I meet fund managers in the U.S., we often talk about European equity markets. Everyone agrees that European stocks are attractively valued, but in one form or another, many fund managers ask: “I...
5 Dividend Growth Stocks I'm Watching This Quarter
Let's talk about five dividends that are set to soar when the Federal Reserve cuts interest rates.
MARRIOTT INTERNATIONAL ANNOUNCES RELEASE DATE FOR FIRST QUARTER 2024 EARNINGS
BETHESDA, Md. , April 2, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report first quarter 2024 earnings results on Wednesday, May 1, 2024, at approximately 7:00 a.m.
Marriott Bonvoy and BetMGM Unlock a New World of "Play, Earn, Stay" with New Rewards Connection
Unprecedented collaboration between sports betting and hospitality leaders to reach millions with real-world rewards Features sweepstakes for the opportunity to win VIP Los Angeles vacation curated by...
Hotel stocks: Top 3 bullish indicators in 2024
The travel sector experienced a boom in 2023, though there may be "new wrinkles" to investing in hotel stocks in 2024. Booking sites like Expedia have issued cautious commentary, explaining the "post-...
Marriott Hilton Head Resort & Spa Rebrands to Hilton Beachfront Resort & Spa Hilton Head Island
HILTON HEAD ISLAND, S.C.--(BUSINESS WIRE)--Marriott Hilton Head Resort & Spa becomes Hilton Beachfront Resort & Spa Hilton Head on March 1, 2024.
Travel stocks to watch: Delta, Marriott, Royal Caribbean
With the pandemic behind us and fears of a recession starting to subside, Wall Street expects a big year as the consumer remains resilient, particularly in the travel industry. As the travel sector sa...
Marriott International Announces Robust Growth Across the Caribbean and Latin America in 2023
The region continued meaningful expansion across all segments from midscale to all-inclusive, and residential to luxury; conversions remained a main driver of growth. PLANTATION, Fla.
Marriott El Paso Completes Phase I of Total Renovation
EL PASO, Texas--(BUSINESS WIRE)-- #columbiasussex--Marriott El Paso completes Phase I of total renovation.
Marriott CEO Sees Post-Covid Travel Rebound in US, China
Marriott International President and CEO Anthony Capuano says the US has reached a normalized environment, while China is “fully recovered to pre-pandemic levels” domestically, as he discusses the sta...
35th Hunter Hotel Investment Conference Highlights Legacy in Hospitality with Fireside Chat featuring Anthony Capuano, President & CEO of Marriott International
ATLANTA--(BUSINESS WIRE)--Hunter Hotel Conference announces new panel w/ Marriott International President and CEO Anthony Capuano and Vision Hospitality Group CEO Mitch Patel.
Marriott International's U.S. Business Slows After Post-Pandemic Peak
Marriott International Inc. (MAR) shares dropped Tuesday as the big hotel chain missed sales forecasts and gave weaker-than-expected guidance amid slowing post-pandemic U.S. travel demand.
Marriott stock drops on weak outlook, despite Q4 earnings beat
Shares of Marriott International (MAR) are declining Tuesday, despite beating fourth-quarter earnings estimates. The company's 2024 profit outlook missed analyst projections.
Marriott Earnings Beats Estimates. Why the Stock Is Falling Anyway.
Lodging firm Marriott provided 2024 earnings guidance that came up short, overshadowing the company's fourth-quarter report.
Marriott stock drops as Q4 revenue falls short
Marriott International Inc.'s stock MAR, +0.74% fell by 2% in premarket trading after the hotel operator's fourth-quarter revenue and 2024 profit outlook fell short of analysts' estimates, although it...
MARRIOTT INTERNATIONAL REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2 percent worldwide, 3.3 percent in the U.S. & Canada, and 17.4 percent in international markets, compared to the 2022 four...
Jim Cramer's week ahead: Earnings from Shopify, Marriott and Wendy's
CNBC's Jim Cramer on Friday guided investors through next week's Wall Street action.
MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND
BETHESDA, Md. , Feb. 8, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 52 cents per share of common s...
MCR Sells the Residence Inn by Marriott Philadelphia Langhorne
NEW YORK--(BUSINESS WIRE)--MCR — the country's 3rd-largest hotel owner-operator — today announced it has completed the sale of the 100-room Residence Inn by Marriott Philadelphia Langhorne located in ...
The Ritz-Carlton Dallas, Las Colinas Opens, Unveiling Multimillion Dollar Renovation
Following a yearlong transformation, the property is ushering in a new era through a modern lens DALLAS , Feb. 1, 2024 /PRNewswire/ -- The Ritz-Carlton Dallas, Las Colinas, opened its doors on January...
Marriott International Announces Global Growth of Apartments by Marriott Bonvoy Portfolio
Just one year after announcing its intention to expand presence in premium and luxury apartment-style accommodations, Marriott has opened its first property in Puerto Rico and signed agreements in the...
Marriott International and Delonix Group Announce Strategic Cooperation Agreement in Mainland China
Collaboration includes opportunity to affiliate over 100 full service Delonix hotels with Marriott's Tribute Portfolio SHANGHAI , Jan. 23, 2024 /PRNewswire/ -- Marriott International and Delonix Group...
Marriott CEO: Strong '23 speaks to the resilience of travel
Marriott CEO Tony Capuano joins 'Money Movers' to discuss the company's quarterly earnings results, what Marriott's strength speaks to, and if the company can maintain demand this year.