Marriott International (NASDAQ:MAR) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Key Points

• Robert W. Baird analysts have raised Marriott International's price target from $285.00 to $287.00, indicating a potential upside of 7.58% based on the last closing price.
• The company's stock has received various ratings, with two analysts rating it as a Strong Buy, seven as Buy, and twelve as Hold, contributing to an average rating of "Moderate Buy".
• Marriott has authorized a stock repurchase plan for up to 25 million shares, which is often seen as a signal that the company believes its stock is undervalued.

Marriott International (NASDAQ:MAR - Get Free Report) had its price target hoisted by investment analysts at Robert W. Baird from $285.00 to $287.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Robert W. Baird's price objective points to a potential upside of 7.58% from the company's previous close.

Several other research analysts also recently weighed in on MAR. Mizuho cut their price target on Marriott International from $293.00 to $285.00 and set a "neutral" rating for the company in a research note on Wednesday, May 7th. JPMorgan Chase & Co. started coverage on Marriott International in a research note on Monday, June 23rd. They set a "neutral" rating and a $284.00 price target for the company. Jefferies Financial Group upgraded Marriott International from a "hold" rating to a "buy" rating and raised their target price for the stock from $226.00 to $303.00 in a research note on Monday, May 12th. BMO Capital Markets cut their target price on Marriott International from $285.00 to $280.00 and set a "market perform" rating for the company in a research note on Wednesday, August 6th. Finally, Morgan Stanley cut their target price on Marriott International from $275.00 to $267.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $281.00.

Marriott International Stock Performance

MAR stock opened at $266.78 on Wednesday. The company has a market capitalization of $72.42 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 2.62 and a beta of 1.44. Marriott International has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The stock has a fifty day moving average of $268.99 and a 200-day moving average of $260.36.

Marriott International (NASDAQ:MAR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share for the quarter, hitting the consensus estimate of $2.65. The company 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 93.44% and a net margin of 9.60%.The firm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.50 EPS. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. Equities analysts predict that Marriott International will post 10.1 EPS for the current year.

Marriott International announced that its board has authorized a stock repurchase plan on Thursday, August 7th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Insider Activity

In other Marriott International news, CEO Anthony Capuano sold 12,000 shares of the firm's 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 $32,741,281.30. This trade represents a 8.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rajeev Menon sold 2,500 shares of the firm's stock in a transaction dated 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 directly owned 5,706 shares in the company, valued at approximately $1,530,805.68. This represents a 30.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 10.68% of the company's stock.

Hedge Funds Weigh In On Marriott International

A number of large investors have recently modified their holdings of MAR. Bernard Wealth Management Corp. purchased a new position in shares of Marriott International during the 4th quarter valued at about $25,000. Morse Asset Management Inc purchased a new position in shares of Marriott International during the 1st quarter valued at about $30,000. AlphaQuest LLC raised its holdings in shares of Marriott International by 2,750.0% during the 2nd quarter. AlphaQuest LLC now owns 114 shares of the company's stock valued at $31,000 after buying an additional 110 shares in the last quarter. Kapitalo Investimentos Ltda purchased a new position in shares of Marriott International during the 4th quarter valued at about $34,000. Finally, Addison Advisors LLC purchased a new position in Marriott International in the 2nd quarter worth approximately $34,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

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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