Marriott International, Inc. (MAR)

NASDAQ: MAR · IEX Real-Time Price · USD
239.45
-1.02 (-0.42%)
At close: Jun 14, 2024, 4:00 PM
239.41
-0.04 (-0.02%)
After-hours: Jun 14, 2024, 7:54 PM EDT
-0.42%
Market Cap 68.39B
Revenue (ttm) 24.08B
Net Income (ttm) 2.89B
Shares Out 285.62M
EPS (ttm) 9.68
PE Ratio 24.74
Forward PE 24.38
Dividend $2.52 (1.05%)
Ex-Dividend Date May 23, 2024
Volume 1,564,649
Open 239.33
Previous Close 240.47
Day's Range 235.14 - 239.75
52-Week Range 170.03 - 260.57
Beta 1.61
Analysts Buy
Price Target 240.71 (+0.53%)
Earnings Date Jul 30, 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 $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 Statements

Analyst Forecast

According to 17 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $240.71, which is an increase of 0.53% from the latest price.

Price Target
$240.71
(0.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

11 days 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.

11 days 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...

11 days 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. , ...

11 days 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...

17 days 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 ...

21 days 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...

24 days 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...

4 weeks 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...

5 weeks 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
5 weeks ago - CNBC

KKR and Marriott International to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton

TOKYO--(BUSINESS WIRE)--KKR, a leading global investment firm, and Marriott International, Inc. (Nasdaq: MAR) today announced the launch of each company's foray into the midscale hospitality space in ...

5 weeks ago - Business Wire

Marriott Sees Growth After China Lifts Travel Restrictions

Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets. The hotel chain saw its Rev...

6 weeks ago - PYMNTS

MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2024 RESULTS

First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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, ...

2 months ago - PRNewsWire

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...

Other symbols: ABBNYGMGOOGLHLT
2 months ago - Market Watch

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.

Other symbols: AGCOETFBMSPAG
2 months ago - Forbes

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.

2 months ago - PRNewsWire

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...

Other symbols: MGM
3 months ago - PRNewsWire

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-...

Other symbols: CHHHLT
3 months ago - Yahoo Finance

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.

Other symbols: HLT
3 months ago - Business Wire

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...

Other symbols: DALRCL
3 months ago - Yahoo Finance

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.

3 months ago - PRNewsWire

Marriott El Paso Completes Phase I of Total Renovation

EL PASO, Texas--(BUSINESS WIRE)-- #columbiasussex--Marriott El Paso completes Phase I of total renovation.

4 months ago - Business Wire