Marriott International, Inc. (NASDAQ:MAR) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Marriott International, Inc. has received an average recommendation of "Moderate Buy" from 22 brokerages, with an average 12-month price target of approximately $282.63.
• The company's stock opened at $267.57 and recently reported earnings of $2.65 per share, meeting consensus estimates, with revenue of $6.74 billion for the quarter.
• Marriott announced a stock buyback plan to repurchase 25 million shares, which is typically a sign of management believing the stock is undervalued.

Shares of Marriott International, Inc. (NASDAQ:MAR - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty-two research firms that are covering the firm, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $282.6316.

Several equities analysts recently issued reports on MAR shares. Barclays dropped their target price on shares of Marriott International from $276.00 to $262.00 and set an "equal weight" rating on the stock in a report on Friday. Robert W. Baird boosted their target price on shares of Marriott International from $285.00 to $287.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Marriott International in a report on Saturday, September 27th. BMO Capital Markets dropped their price objective on shares of Marriott International from $285.00 to $280.00 and set a "market perform" rating on the stock in a report on Wednesday, August 6th. Finally, Truist Financial upped their price objective on shares of Marriott International from $273.00 to $278.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd.

Marriott International Stock Up 0.4%

MAR stock opened at $267.57 on Friday. The firm has a market cap of $72.63 billion, a price-to-earnings ratio of 30.17, a PEG ratio of 2.64 and a beta of 1.35. Marriott International has a 12-month low of $205.40 and a 12-month high of $307.52. The company's fifty day simple moving average is $265.31 and its 200 day simple moving average is $258.31.

Marriott International (NASDAQ:MAR - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.65. The business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. Marriott International's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.50 earnings per share. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Research analysts expect that Marriott International will post 10.1 earnings per share for the current year.

Marriott International declared that its Board of Directors has authorized a stock repurchase plan on Thursday, August 7th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

Marriott International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.67 per share. The ex-dividend date was Thursday, August 21st. This represents a $2.68 annualized dividend and a dividend yield of 1.0%. Marriott International's dividend payout ratio is currently 30.21%.

Hedge Funds Weigh In On Marriott International

Several institutional investors have recently made changes to their positions in the stock. Nissay Asset Management Corp Japan ADV increased its position in shares of Marriott International by 9.5% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company's stock worth $15,005,000 after acquiring an additional 5,482 shares in the last quarter. Permanens Capital L.P. increased its position in shares of Marriott International by 15.6% during the first quarter. Permanens Capital L.P. now owns 15,396 shares of the company's stock worth $3,667,000 after acquiring an additional 2,076 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Marriott International by 3.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 219,939 shares of the company's stock worth $52,389,000 after acquiring an additional 8,149 shares in the last quarter. Swedbank AB increased its position in shares of Marriott International by 1.3% during the first quarter. Swedbank AB now owns 68,429 shares of the company's stock worth $16,300,000 after acquiring an additional 881 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in shares of Marriott International by 11.9% during the first quarter. Sequoia Financial Advisors LLC now owns 13,441 shares of the company's stock worth $3,202,000 after acquiring an additional 1,432 shares in the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

Marriott International Company Profile

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.

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