Marriott International, Inc. (MAR)

NASDAQ: MAR · IEX Real-Time Price · USD
236.60
+2.85 (1.22%)
At close: Jul 26, 2024, 4:00 PM
235.80
-0.81 (-0.34%)
After-hours: Jul 26, 2024, 5:44 PM EDT
1.22%
Market Cap 67.58B
Revenue (ttm) 24.08B
Net Income (ttm) 2.89B
Shares Out 285.62M
EPS (ttm) 9.68
PE Ratio 24.44
Forward PE 24.12
Dividend $2.52 (1.07%)
Ex-Dividend Date May 23, 2024
Volume 916,675
Open 235.60
Previous Close 233.75
Day's Range 234.00 - 237.74
52-Week Range 180.75 - 260.57
Beta 1.60
Analysts Buy
Price Target 242.79 (+2.62%)
Earnings Date Jul 31, 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]

Industry Lodging
IPO Date Jul 16, 1993
Employees 411,000
Stock Exchange NASDAQ
Ticker Symbol MAR
Full Company Profile

Financial Performance

In 2023, MAR'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 Statements

Analyst Forecast

According to 19 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $242.79, which is an increase of 2.62% from the latest price.

Price Target
$242.79
(2.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Marriott International Strengthens Leadership Position in Branded Residences, Announces Owner Recognition Platform

Strong Developer Value and Elevated Owner Experiences Continue to Fuel Growth for Marriott Branded Residences Portfolio  BETHESDA, Md. , July 22, 2024 /PRNewswire/ -- Today, Marriott International, In...

4 days ago - PRNewsWire

Trade Tracker: Jason Snipe buys more Blackstone & sells Marriott

Jason Snipe, founder and CIO of Odyssey Capital Advisors, joins CNBC's “Halftime Report” to detail his latest trades.

Other symbols: BX
7 days ago - CNBC Television

Chase and Marriott Bonvoy® Introduce the Newly Enhanced Marriott Bonvoy Bold® Credit Card

WILMINGTON, Del. & BETHESDA, Md.--(BUSINESS WIRE)--Chase, the largest co-brand card issuer in the U.S., and Marriott Bonvoy®, Marriott International's award-winning travel program and marketplace, tod...

15 days ago - Business Wire

The Ritz-Carlton, Turks and Caicos Welcomes Louella Brezovar-van Veen as The New Hotel General Manager

PROVIDENCIALES, Turks and Caicos Islands, July 11, 2024 /PRNewswire/ -- The Ritz-Carlton, Turks and Caicos welcomes Louella Brezovar-van Veen as the new general manager of the luxury Caribbean hotel. ...

15 days ago - PRNewsWire

Marriott International Announces Release Date For Second Quarter 2024 Earnings

BETHESDA, Md. , July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report second quarter 2024 earnings results on Wednesday, July 31, 2024, at approximately 7:00 a.m.

16 days ago - PRNewsWire

Discover the New Marriott Duo in Vail Valley - Opening June 2024!

Perfectly nestled between Vail and Beaver Creek's prime attractions.   AVON, Colo.

16 days ago - PRNewsWire

Marriott International Highlights ESG Progress in Annual Serve 360 Report

BETHESDA, Md. , July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2024 Serve 360 Report highlighting the company's global Environmental, Social, ...

16 days ago - PRNewsWire

Marriott Launches Online Travel Booking Program for Small Businesses

Marriott International has launched an online travel booking program designed for small- to medium-sized businesses (SMBs). The new Business Access by Marriott Bonvoy combines a suite of online bookin...

17 days ago - PYMNTS

Travel sector in the second half: Here's what to expect

CNBC's Seema Mody joins 'Squawk on the Street' with a look at what to expect from the travel sector in the second half of the year.

Other symbols: HHLTHSTPEBPK
21 days ago - CNBC Television

Grambling: Marriott, Hilton will see the strongest business and leisure demand

Stephen Grambling, Senior Equity Research Analyst at Morgan Stanley, discusses travel and leisure stocks ahead of the 4th of July holiday.

Other symbols: HLT
23 days ago - CNBC Television

Marriott International Digital Transformation Strategies Report 2024: Accelerators, Incubators, and Other Innovation Programs

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Marriott International - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

24 days ago - GlobeNewsWire

NEW REPORT REVEALS CHANGING FACE OF LUXURY TRAVEL IN ASIA PACIFIC

The Luxury Group by Marriott International launches extensive research among affluent travelers across six markets 68% spending more on leisure travel with 74% respondents planning an intra-regional h...

25 days ago - PRNewsWire

Marriott Bonvoy and The J. Willard and Alice S.

BETHESDA, Md. , June 19, 2024 /PRNewswire/ -- Marriott Bonvoy, Marriott International's award-winning travel program, and The J.

5 weeks ago - PRNewsWire

New Starbucks and Marriott Bonvoy Collaboration Unlocks Exclusive Benefits for Loyalty Members to Fulfill Their Passions for Travel and Coffee

By enrolling in both programs and linking accounts, members can earn Marriott Bonvoy points and Starbucks Stars and be on their way toward free stays and coffee as well as access to curated travel exp...

5 weeks ago - PRNewsWire

Foreign Investors in SF Gateway Marriott (JF27) Project Obtain Conditional Green Card Approvals

WASHINGTON, June 07, 2024 (GLOBE NEWSWIRE) -- EB5 Capital is pleased to announce the first large wave of individual I-526 and I-526E petition approvals for investors in its SF Gateway Marriott (JF27) ...

7 weeks ago - GlobeNewsWire

Marriott CEO on travel demand: We continue to see strength in leisure travel

Leisure and international travel continue to be two of the biggest drivers for Marriott International (MAR), as the hotel operator expects 3 to 5% in worldwide revenue growth and 5.5 to 6% in net grow...

7 weeks ago - Yahoo Finance

Marriott CEO Says Dollar Is Driving Outbound Travel

Anthony Capuano, Marriott International CEO, says demand is starting to normalize in the US. He also says the strength of the dollar is driving outbound US travel.

7 weeks ago - Bloomberg Markets and Finance

Marriott CEO: Resilience in luxury travel has been one of the real bright spots in travel recovery

Marriott president and CEO Tony Capuano joins 'Squawk Box' to discuss this year's summer travel trends, the impact of inflation, state of luxury and business travel, international travel demand, and m...

7 weeks ago - CNBC Television

Marriott International Announces Three Conversions to Bring Iconic Luxury Properties in the United States into the Marriott Bonvoy Portfolio Later This Summer

Company Plans to Welcome The Resort at Pelican Hill (Newport Beach, CA), Turtle Bay Resort (O'ahu, HI), and a Luxury Hotel in Midtown Manhattan (New York City) to Its Luxury Portfolio BETHESDA, Md. , ...

7 weeks ago - PRNewsWire

RITZ-CARLTON RESERVE MAKES GRAND ENTRANCE IN THE MIDDLE EAST WITH EXCLUSIVE PRIVATE ISLAND OASIS IN THE RED SEA, SAUDI ARABIA

NUJUMA, A RITZ-CARLTON RESERVE, OFFERS GUESTS A RARE AND IMMERSIVE ESCAPE TO DISCOVER SAUDI ARABIAN CULTURE AND THE UNTAPPED WONDERS OF THE RED SEA    UMMAHAT ISLAND, Saudi Arabia , May 28, 2024 /PRNe...

2 months ago - PRNewsWire

MARRIOTT INTERNATIONAL CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT, DEVELOPMENT TO SPEAK AT MORGAN STANLEY TRAVEL AND LEISURE CONFERENCE JUNE 4; REMARKS TO BE WEBCAST

BETHESDA, Md. , May 24, 2024 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR), Chief Financial Officer and Executive Vice President, Development Leeny Oberg, will speak at the 2024 Morgan ...

2 months ago - PRNewsWire

PATRICK MOURATOGLOU PARTNERS WITH THE RITZ-CARLTON NAPLES, TIBURÓN TO LAUNCH HIS FIRST SIGNATURE TENNIS CENTER IN FLORIDA

The Mouratoglou Tennis Center at The Ritz-Carlton Naples, Tiburón to Launch Early Summer 2024 NAPLES, Fla. , May 21, 2024 /PRNewswire/ -- Today, world-renowned tennis coach, Patrick Mouratoglou and Th...

2 months ago - PRNewsWire

JW Marriott, Renaissance, and Courtyard Santo Domingo Invite Travelers to Escape to this Capital City

Uncover personalized experiences, culinary delights, and an urban retreat of properties nestled in the bustling capital of Dominican Republic SANTO DOMINGO, Dominican Republic, May 15, 2024 /PRNewswir...

2 months ago - PRNewsWire

MARRIOTT INTERNATIONAL DECLARES AN INCREASE IN QUARTERLY CASH DIVIDEND

BETHESDA, Md. , May 10, 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...

2 months ago - PRNewsWire

Biden set to meet with executives from Citi, United Airlines, Marriott and others

The guests include United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder Roger Altman, Marriott International CEO Anthony Capuano and others.

Other symbols: UALC
2 months ago - CNBC