Marriott International's (MAR) "Buy (B-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Marriott International's stock received a "buy (B-)" rating reaffirmed by Weiss Ratings, indicating positive analyst sentiment.
• The company recently announced a stock buyback plan allowing for the repurchase of 25 million outstanding shares, suggesting that the board believes its shares are undervalued.
• Marriott reported strong quarterly earnings with $2.65 EPS, meeting analyst estimates, and a revenue increase of 4.7% year-over-year, pointing to a stable financial performance.

Marriott International (NASDAQ:MAR - Get Free Report)'s stock had its "buy (b-)" rating reissued by equities research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

MAR has been the subject of a number of other research reports. JPMorgan Chase & Co. initiated coverage on Marriott International in a research report on Monday, June 23rd. They set a "neutral" rating and a $284.00 price target for the company. Robert W. Baird lifted their price target on Marriott International from $285.00 to $287.00 and gave the company a "neutral" rating in a research report on Wednesday, August 20th. Truist Financial lifted their price target on Marriott International from $273.00 to $278.00 and gave the company a "hold" rating in a research report on Wednesday, September 3rd. Barclays dropped their price target on Marriott International from $276.00 to $262.00 and set an "equal weight" rating for the company in a research report on Friday, October 3rd. Finally, BMO Capital Markets decreased their price objective on Marriott International from $285.00 to $280.00 and set a "market perform" rating on the stock in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, Marriott International has an average rating of "Moderate Buy" and an average target price of $282.63.

Marriott International Stock Up 0.2%

Shares of NASDAQ MAR opened at $267.98 on Wednesday. Marriott International has a 52 week low of $205.40 and a 52 week high of $307.52. The business has a 50-day simple moving average of $265.07 and a two-hundred day simple moving average of $258.77. The company has a market cap of $72.75 billion, a P/E ratio of 30.21, a P/E/G ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.65. The firm 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 company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $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 research analysts anticipate that Marriott International will post 10.1 EPS for the current year.

Marriott International declared that its board has initiated a stock buyback plan on Thursday, August 7th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Institutional Investors Weigh In On Marriott International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV grew its stake in Marriott International by 9.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 62,995 shares of the company's stock worth $15,005,000 after purchasing an additional 5,482 shares during the period. Permanens Capital L.P. boosted its holdings in Marriott International by 15.6% in 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. boosted its holdings in Marriott International by 3.8% in 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 boosted its holdings in Marriott International by 1.3% in 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 boosted its holdings in Marriott International by 11.9% in 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. 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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