Marriott International Company Profile (NASDAQ:MAR)

Marriott International trades on the NASDAQ under the ticker symbol "MAR."

Marriott International declared a quarterly dividend on Friday, May 5th. Shareholders of record on Friday, May 19th will be given a dividend of $0.33 per share on Friday, June 30th. This represents a $1.32 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Wednesday, May 17th. This is a positive change from Marriott International's previous quarterly dividend of $0.30. View Marriott International's Dividend History.

Marriott International (NASDAQ:MAR) posted its quarterly earnings results on Monday, May, 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.11. The company had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.28 billion. Marriott International had a return on equity of 38.10% and a net margin of 4.91%. Marriott International's quarterly revenue was up 47.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 earnings per share. View Marriott International's Earnings History.

Marriott International issued an update on its FY17 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $3.92-4.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.93. Marriott International also updated its Q2 guidance to $0.99-1.03 EPS.

15 analysts have issued 12 month price objectives for Marriott International's stock. Their forecasts range from $73.00 to $121.00. On average, they anticipate Marriott International's stock price to reach $96.50 in the next twelve months. View Analyst Ratings for Marriott International.

Here are some recent quotes from research analysts about Marriott International stock:

• 1. According to Zacks Investment Research, "Marriott has significant international presence and is therefore highly vulnerable to fluctuations in exchange rates. Notably, the company has been witnessing fewer international guests at its U.S. hotels, owing to the stronger dollar. Moreover, lingering political uncertainty in key international markets might continue to restrict its revenue growth. However, Marriot’s earnings have beaten the Zacks Consensus Estimate consistently over the past 12 quarters. Estimates have been stable lately ahead of its second-quarter earnings release. Further, given a strong transient demand along with an improvement in business and leisure travel, Marriott is well-poised to grow in the near as well as long term. Yet, concerns related to RevPAR growth remains a cause of concern. Also, the company may fail to realize the anticipated synergies and benefits if it fails to integrate Starwood acquisition in an efficient and effective manner." (7/11/2017)
• 2. Evercore ISI analysts commented, "We're increasing our 2017-2019 earnings estimates following Marriott's Investor Day, which took place earlier this week. We've increased our 2017 Adj. EBITDA and EPS estimates by +1.6% (to $2.96bn) and +3.4% (to $4.00), with the latter specifically helped by a more robust forecast for share repurchases. Normalized for adjustments between 'Reported' and 'EVRISI Adjusted' EBITDA, our 2017, 2018, and 2019 EBITDA estimates are +1%, +2%, and -9% versus current Consensus. (We continue to forecast an industry downturn in 2019-2020, followed by a recovery thereafter). We've increased our price target to $90 (from $86). However, given total return potential of only +2%, which keeps MAR firmly within the bottom third of our overall REIT + Lodging coverage universe, we are maintaining an 'Underperform' rating on the shares." (3/23/2017)
• 3. Stifel Nicolaus analysts commented, "Marriott International held an investor day at the New York Marriott Marquis Times Square. This is the first investor day since the Starwood transaction closed last year. The tone was bullish with respect to the outlook for global travel and opportunities for MAR to expand its system. Management presented a potential three-year outlook for earnings growth and return of capital to shareholders. Lastly, an update on the integration was provided as well as opportunities for the Starwood brands." (3/22/2017)
• 4. J P Morgan Chase & Co analysts commented, "At yesterday's investor day, MAR detailed a stronger than expected three year scenario, comprised of a 7% to 10% adjusted EBITDA growth CAGR through 2019, a 17% to 21% EPS growth CAGR, and higher 2019 EBITDA and EPS versus what we are in print with. This compares favorably to our 6.2% EBITDA and mid-teens EPS CAGR forecast heading into yesterday's event." (3/22/2017)
• 5. Instinet analysts commented, "MAR's past success integrating acquisitions (Gaylord and Protea) suggest that saving may be achieved more quickly (with HOT) and that additional cost synergies of ~$50mm are likely. Additional synergies would boost MAR's fair value by $2." (2/21/2017)

Marriott International saw a decrease in short interest in June. As of June 15th, there was short interest totalling 11,134,683 shares, a decrease of 13.4% from the May 31st total of 12,857,641 shares. Based on an average daily trading volume, of 3,157,779 shares, the days-to-cover ratio is presently 3.5 days. Approximately 3.5% of the company's shares are short sold.

Some companies that are related to Marriott International include Hilton Worldwide Holdings (HLT), Wyndham Worldwide Corp (WYN), Intercontinental Hotels Group (IHG), InterContinental Hotels Group PLC (IHG), Hyatt Hotels Corporation (H), China Lodging Group, Limited (HTHT), Hilton Grand Vacations (HGV), Marriot Vacations Worldwide Corporation (VAC), Millennium & Copthorne Hotels plc (MLC), Elegant Hotels Group PLC (EHG), Action Hotels PLC (AHCG), Safestay PLC (SSTY) and Starwood Hotels & Resorts Worldwide (HOT).

Marriott International's management team includes the folowing people:

• John Willard Marriott Jr., Executive Chairman of the Board
• Arne M. Sorenson, President, Chief Executive Officer, Director
• Kathleen K. Oberg, Chief Financial Officer, Executive Vice President
• David J. Grissen, Group President
• Alex Kyriakidis, President and Managing Director, Middle East and Africa
• Amy C. McPherson, President and Managing Director, Europe
• Craig S. Smith, President & Managing Director Asia Pacific
• David A. Rodriguez, Global Chief Human Resource Officer, Executive Vice President
• Stephanie C. Linnartz, Executive Vice President, Global Chief Marketing Officer and Chief Commercial Officer
• Edward A. Ryan, Executive Vice President, General Counsel

Marriott International's stock is owned by a number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.13%), Fenimore Asset Management Inc. (0.10%), Chevy Chase Trust Holdings Inc. (0.08%), Heritage Investors Management Corp (0.08%), National Pension Service (0.08%) and Huntington National Bank (0.07%). Company insiders that own Marriott International stock include Amy Mcpherson, Anthony Capuano, Argiris Kyriakidis, Arne M Sorenson, B Marriott Marital Tr Juliana, Bruce W Duncan, Craig S Smith, David A Rodriguez, David Grissen, David S Marriott, Debra L Lee, Edward A Ryan, George Munoz, J W Marriott Jr, John W Marriott III, Mary K Bush, Richard E Marriott, Stephen Blake Marriott and Susan C Schwab. View Institutional Ownership Trends for Marriott International.

Marriott International's stock was sold by a variety of institutional investors in the last quarter, including Capital Management Corp VA, Heritage Investors Management Corp, Exxonmobil Investment Management Inc. TX, Ipswich Investment Management Co. Inc., Gateway Investment Advisers LLC, Charter Trust Co., Beech Hill Advisors Inc. and Sit Investment Associates Inc.. Company insiders that have sold Marriott International stock in the last year include Amy Mcpherson, Anthony Capuano, Argiris Kyriakidis, Arne M Sorenson, B Marriott Marital Tr Juliana, Bruce W Duncan, Craig S Smith, David A Rodriguez, David Grissen, David S Marriott, Debra L Lee, Edward A Ryan, George Munoz, J W Marriott Jr, John W Marriott III, Mary K Bush, Richard E Marriott and Stephen Blake Marriott. View Insider Buying and Selling for Marriott International.

Marriott International's stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Mn Services Vermogensbeheer B.V., Bank of Montreal Can, National Pension Service, Fisher Asset Management LLC, Aperio Group LLC, Huntington National Bank and Insight Capital Research & Management Inc.. View Insider Buying and Selling for Marriott International.

Shares of Marriott International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Marriott International stock can currently be purchased for approximately $102.84.