Marriott International, Inc. (MAR)
| Market Cap | 66.23B |
| Revenue (ttm) | 23.54B |
| Net Income (ttm) | 2.91B |
| Shares Out | 293.69M |
| EPS (ttm) | 9.43 |
| PE Ratio | 23.91 |
| Forward PE | 23.77 |
| Dividend | $2.08 (0.92%) |
| Ex-Dividend Date | Nov 21, 2023 |
| Volume | 2,008,659 |
| Open | 224.71 |
| Previous Close | 224.08 |
| Day's Range | 224.38 - 226.63 |
| 52-Week Range | 146.42 - 226.63 |
| Beta | 1.55 |
| Analysts | Buy |
| Price Target | 211.59 (-6.17%) |
| Earnings Date | Feb 13, 2024 |
About MAR
Marriott International, Inc. operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bvlgari, Renaissance, Le Méridien, Marriott, Sheraton, Westin, Four Points, Delta Hotels by Marriott, Autograph Collection, Tribute Portfolio, Marriott Hotels, Marriott Executive Apartments, Marriot... [Read more]
Financial Performance
In 2022, MAR's revenue was $20.77 billion, an increase of 49.91% compared to the previous year's $13.86 billion. Earnings were $2.36 billion, an increase of 114.56%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for MAR stock is "Buy." The 12-month stock price forecast is $211.59, which is a decrease of -6.17% from the latest price.
News
MARRIOTT INTERNATIONAL REDEFINES THE LUXURY HOSPITALITY LANDSCAPE WITH A STRONG PIPELINE OF ONE-OF-A-KIND HOTELS & RESORTS SET TO DEBUT IN 2024
Reaching its milestone 500th luxury hotel Marriott International's unmatched global luxury footprint expands to the farthest reaches of the globe CANNES, France , Dec. 7, 2023 /PRNewswire/ -- From I...
Apartments by Marriott Bonvoy Now Taking Reservations
First Apartment-style Property Opening in December Giving Travelers More Stay Options Within the Marriott Bonvoy Portfolio BETHESDA, Md. , Dec. 5, 2023 /PRNewswire/ -- Just one year after announcing i...
Marriott Sanibel Harbour Resort & Spa Opens Fully Renovated Spa at Sanibel Harbour
FT. MYERS, Fla.--(BUSINESS WIRE)--More than a year after Hurricane Ian wreaked destruction on Ft. Myers and Sanibel Island, Florida, the Marriott Sanibel Harbour Resort & Spa is proud to announce the ...
Airline and hotel stocks soar as Thanksgiving travel sets records
Millions of Americans flew somewhere for Thanksgiving. The U.S. Global Jets ETF NYSEARCA: JETS has rallied 12.53% in November after three months of declines, in line with the broader market.
Business Travel Is About to Pick Up. 4 Stocks to Catch the Comeback.
Corporate budgets should grow in 2024, a positive sign for more globally exposed airlines and hotel companies.
On World Children's Day, Marriott International and UNICEF Expand "Check Out for Children"
Marriott Relaunches and Expands its Donation Program in the Caribbean, Latin America, Europe, Middle East and Asia Pacific BETHESDA, Md. , Nov. 20, 2023 /PRNewswire/ -- In recognition of World Childre...
Marriott CEO on new Mercedes partnership, hospitality and demand in Vegas
Marriott CEO Tony Capuano joins 'Squawk on the Street' to discuss the company's partnership with Mercedes-AMG, the hotel's hospitality plans surrounding the big weekend, and more.
CORRECTING and REPLACING 368 -Room San Ramon Marriott Finalizes $17 Million Renovation
SAN RAMON, Calif.--(BUSINESS WIRE)--Officials of the 368 -room San Ramon Marriott today announced the completion of a $17 million renovation.
368 -Room San Ramon Marriott Finalizes $17 Million Renovation
SAN RAMON, Calif.--(BUSINESS WIRE)--Officials of the 368 -room San Ramon Marriott today announced the completion of a $17 million renovation.
MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND AND INCREASES SHARE BUYBACK AUTHORIZATION
BETHESDA, Md. , Nov. 9, 2023 /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...
Marriott CEO: Hotel chain bullish on travel recovery, China
Marriott International (MAR) CEO and President Anthony Capuano joins Yahoo Finance Executive Editor Brian Sozzi to weigh in on the state of the hospitality sector, both in U.S. and international marke...
Marriott Revenue Climbs as Consumers Embrace International Travel
Hotel chain Marriott enjoyed a positive quarter thanks to a jump in overseas travel. The company on Thursday (Nov. 2) posted quarterly earnings showing an 8.8% increase in revenue per available room (...
Marriott stock falls after quarterly profit beats, but outlook is below expectations
Shares of Marriott International Inc. MAR, +0.13% dropped 2.6% in premarket trading Thursday, after the hotel operator reported third-quarter profit that beat expectations but provided a downbeat outl...
MARRIOTT INTERNATIONAL REPORTS THIRD QUARTER 2023 RESULTS
Third quarter 2023 comparable systemwide constant dollar RevPAR increased 8.8 percent worldwide, 4.3 percent in the U.S. & Canada, and 21.8 percent in international markets, compared to the 2022 third...
Hilton, Marriott prefer smaller acquisitions
Amidst competitive dynamics, Hilton (HLT) and Marriott (MAR) — industry giants, opt for smaller acquisitions due to the strength of their business models. Relying heavily on reservation systems and lo...
HSBC says buy Marriott now
The "Halftime Report" traders debate the biggest analyst calls of the day.
MCR Sells the Residence Inn by Marriott Seattle South/Renton
NEW YORK--(BUSINESS WIRE)--MCR — the country's 3rd-largest hotel owner-operator — today announced it has completed the sale of the 146-room Residence Inn by Marriott Seattle South/Renton located in Re...
THE RITZ-CARLTON, DALLAS DEBUTS EXPANSIVE MULTI-MILLION DOLLAR RENOVATION
DALLAS , Oct. 17, 2023 /PRNewswire/ -- Discover an unparalleled experience of iconic splendor as The Ritz-Carlton, Dallas proudly announces the completion of a multi-million dollar renovation. Master...
The 515-Room Salt Lake Marriott Downtown at City Creek Completes Phase One of Multi-Million Dollar Renovation
SALT LAKE CITY--(BUSINESS WIRE)--The 515-room Salt Lake Marriott Downtown at City Creek completed the first phase of a multi-million-dollar renovation.
Apple Hospitality REIT Acquires Courtyard by Marriott and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Acquires Courtyard and Hyatt House in Downtown Salt Lake City and Announces Two Additional Hotels Under Contract for Purchase.
MARRIOTT INTERNATIONAL ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2023 EARNINGS
BETHESDA, Md. , Oct. 9, 2023 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) will report third quarter 2023 earnings results on Thursday, November 2, 2023, at approximately 6:30 a.m.
5 Dividend Growth Stocks To Watch This Quarter
The safest dividend is usually the one that was just raised. Recession or no landing, bull or bear, these payers don't care.
Marriott plans to add 230-270K rooms over the next three years
Marriott CEO Tony Capuano joins Seema Mody on Power Lunch to discuss the state of the consumer on the company's analyst day.
Stocks rise boosted by dip in treasury yields; DOJ probes UBS; Marriott lays out growth plan
The U.S. Department of Justice is reportedly expanding its probe into the UBS Group (UBS) over alleged compliance failures on Russian sanctions. TD Cowen analysts initiate coverage on denim retailer L...