Marriott International (NASDAQ:MAR) Releases Earnings Results, Hits Expectations

Key Points

• Marriott International reported quarterly earnings per share of $2.65, meeting analyst expectations, and generated $6.74 billion in revenue, surpassing estimates of $6.66 billion.
• The company announced an increase in its quarterly dividend from $0.63 to $0.67, representing a 1.0% yield.
• Marriott updated its FY 2025 earnings guidance to between $9.850 and $10.080 EPS and its Q3 2025 guidance to $2.310 to $2.390 EPS.

Marriott International (NASDAQ:MAR - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $2.65 EPS for the quarter, meeting analysts' consensus estimates of $2.65, Zacks reports. The business had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.66 billion. Marriott International had a negative return on equity of 94.29% and a net margin of 9.60%. Marriott International's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.50 earnings per share. Marriott International updated its FY 2025 guidance to 9.850-10.080 EPS and its Q3 2025 guidance to 2.310-2.390 EPS.

Marriott International Stock Performance

Shares of NASDAQ MAR traded down $1.58 during midday trading on Thursday, reaching $261.14. The stock had a trading volume of 606,757 shares, compared to its average volume of 1,725,341. The company's 50 day moving average price is $268.91 and its 200 day moving average price is $261.84. Marriott International has a twelve month low of $205.40 and a twelve month high of $307.52. The firm has a market cap of $71.52 billion, a price-to-earnings ratio of 29.46, a price-to-earnings-growth ratio of 2.49 and a beta of 1.44.

Marriott International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 23rd were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 23rd. This is a positive change from Marriott International's previous quarterly dividend of $0.63. Marriott International's dividend payout ratio (DPR) is 30.52%.

Insider Transactions at Marriott International

In related news, insider Rajeev Menon sold 2,500 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $268.28, for a total value of $670,700.00. Following the transaction, the insider owned 5,706 shares in the company, valued at $1,530,805.68. The trade was a 30.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Anthony Capuano sold 12,000 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $263.90, for a total value of $3,166,800.00. Following the sale, the chief executive officer owned 124,067 shares of the company's stock, valued at approximately $32,741,281.30. The trade was a 8.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,500 shares of company stock worth $4,107,710 over the last three months. 10.68% of the stock is owned by company insiders.

Institutional Trading of Marriott International

Several large investors have recently modified their holdings of MAR. Intech Investment Management LLC increased its holdings in shares of Marriott International by 21.8% during the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company's stock valued at $1,438,000 after acquiring an additional 1,079 shares in the last quarter. Woodline Partners LP increased its stake in Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company's stock valued at $4,605,000 after purchasing an additional 5,480 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Marriott International by 39.1% in the first quarter. Empowered Funds LLC now owns 5,805 shares of the company's stock valued at $1,383,000 after buying an additional 1,631 shares in the last quarter. Finally, Brighton Jones LLC grew its holdings in shares of Marriott International by 2.5% during the fourth quarter. Brighton Jones LLC now owns 8,887 shares of the company's stock valued at $2,479,000 after buying an additional 218 shares during the last quarter. Institutional investors and hedge funds own 70.70% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MAR shares. The Goldman Sachs Group reissued a "neutral" rating and issued a $245.00 price objective (down from $313.00) on shares of Marriott International in a research note on Monday, April 14th. Robert W. Baird boosted their price target on Marriott International from $265.00 to $285.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Morgan Stanley reduced their price objective on Marriott International from $275.00 to $267.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Truist Financial lowered their target price on Marriott International from $300.00 to $273.00 and set a "hold" rating for the company in a research note on Friday, May 30th. Finally, Jefferies Financial Group raised shares of Marriott International from a "hold" rating to a "buy" rating and lifted their price target for the company from $226.00 to $303.00 in a report on Monday, May 12th. Twelve equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Marriott International presently has a consensus rating of "Moderate Buy" and a consensus target price of $280.89.

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.