Analysts Set Marriott International, Inc. (NASDAQ:MAR) Price Target at $289.87

Shares of Marriott International, Inc. (NASDAQ:MAR) have been given an average recommendation of “Moderate Buy” by the eighteen analysts that are currently covering the company, Marketbeat reports. Ten investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $289.8667.

Several analysts recently commented on MAR shares. Morgan Stanley reduced their target price on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. BMO Capital Markets upped their price objective on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Truist Financial lifted their target price on shares of Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Robert W. Baird cut their price target on shares of Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Finally, Barclays lifted their price objective on Marriott International from $262.00 to $274.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th.

Insider Activity at Marriott International

In related news, insider William P. Brown sold 6,666 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $280.04, for a total transaction of $1,866,746.64. Following the transaction, the insider directly owned 11,000 shares of the company’s stock, valued at $3,080,440. This represents a 37.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Deborah Marriott Harrison sold 70,000 shares of Marriott International stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the sale, the insider directly owned 175,210 shares of the company’s stock, valued at approximately $51,096,492.30. This trade represents a 28.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,672 shares of company stock worth $25,174,655 over the last ninety days. 10.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. bought a new position in Marriott International during the 2nd quarter valued at $613,000. Nissay Asset Management Corp Japan ADV boosted 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 valued at $15,005,000 after acquiring an additional 5,482 shares during the last quarter. Permanens Capital L.P. grew its holdings in Marriott International by 15.6% during the first quarter. Permanens Capital L.P. now owns 15,396 shares of the company’s stock valued at $3,667,000 after purchasing an additional 2,076 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Marriott International by 3.8% in the 1st 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 during the last quarter. Finally, Swedbank AB increased its stake in shares of 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 purchasing an additional 881 shares in the last quarter. 70.70% of the stock is owned by institutional investors.

Marriott International Stock Performance

MAR stock opened at $304.65 on Monday. Marriott International has a 52-week low of $205.40 and a 52-week high of $307.52. The company has a market capitalization of $81.75 billion, a P/E ratio of 32.17, a PEG ratio of 2.94 and a beta of 1.36. The company has a fifty day moving average price of $273.11 and a 200-day moving average price of $269.58.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. As a group, sell-side analysts forecast that Marriott International will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Marriott International’s dividend payout ratio is presently 28.30%.

Marriott International declared that its board has initiated a share repurchase program 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. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

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.