Marriott International (MAR) to Release Earnings on Tuesday

Marriott International (NASDAQ:MAR) is anticipated to post its quarterly earnings results before the market opens on Tuesday, February 11th. Analysts expect Marriott International to post earnings of $2.37 per share and revenue of $6.39 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Marriott International (NASDAQ:MAR) last announced its earnings results on Monday, November 4th. The company reported $2.26 earnings per share for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.05). Marriott International had a negative return on equity of 177.91% and a net margin of 11.18%. The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same period in the prior year, the business earned $2.11 EPS. Marriott International’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts expect Marriott International to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Marriott International Stock Down 0.0 %

Shares of NASDAQ MAR opened at $290.46 on Tuesday. Marriott International has a twelve month low of $204.55 and a twelve month high of $295.45. The firm has a fifty day simple moving average of $283.06 and a 200 day simple moving average of $259.10. The company has a market capitalization of $80.72 billion, a PE ratio of 30.38, a P/E/G ratio of 4.68 and a beta of 1.57.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 21st were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Thursday, November 21st. Marriott International’s dividend payout ratio is presently 26.36%.

Insider Activity at Marriott International

In related news, CEO Anthony Capuano sold 8,332 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $284.49, for a total transaction of $2,370,370.68. Following the completion of the sale, the chief executive officer now directly owns 108,361 shares of the company’s stock, valued at approximately $30,827,620.89. This trade represents a 7.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider William P. Brown sold 1,707 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $284.30, for a total value of $485,300.10. Following the sale, the insider now directly owns 23,077 shares of the company’s stock, valued at $6,560,791.10. The trade was a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,815 shares of company stock valued at $3,919,739. 12.32% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MAR shares. Stifel Nicolaus lifted their target price on shares of Marriott International from $252.00 to $283.00 and gave the stock a “hold” rating in a research note on Tuesday, November 26th. Mizuho raised their target price on Marriott International from $233.00 to $246.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. The Goldman Sachs Group increased their price target on Marriott International from $280.00 to $314.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. TD Cowen cut their price target on Marriott International from $295.00 to $283.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Evercore ISI increased their price target on Marriott International from $245.00 to $270.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Fourteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $272.15.

About Marriott International

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 Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.