After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Marriott International Inc. (MAR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.55, or -0.32%, to $172.52. The Marriott International Inc. has recorded 149,019 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted “It’s Lights Out and Away We Go” as Marriott Bonvoy, The Ritz-Carlton and Mercedes-AMG PETRONAS F1 Team Launch Extraordinary Experiences for the 2023 Season.
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MAR belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Lodging industry. At the end of the last regular session, the stock closed at $173.07 and fluctuated between $173.57 as its day high and $171.09 as its day low. The current market capitalization of Marriott International Inc. is $52.66B. A total of 1.41 million shares were traded on the day, compared to an average of 1.86M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, MAR has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 391 and the disposition of 8,620 shares. Over the last 12 months, there were 23 BUYs and 16 SELLs from insiders. Insiders purchased 54,175 shares during that period but sold 343,603.
In the most recent transaction, Brown William P sold 2,500 shares of MAR for 170.03 per share on Feb 24. After the transaction, the Group Pres., US and Canada now owns 17,738 company shares. In a previous transaction on Feb 17, Reiss Rena Hozore sold 7,821 shares at 172.02 per share. MAR shares that EVP & General Counsel owns now total 16,284.
Among the insiders who sold shares, Oberg Kathleen K. disposed of 5,765 shares on Feb 16 at a per-share price of $179.18. This resulted in the EVP & CFO holding 20,630 shares of MAR after the transaction. In another insider transaction, HIPPEAU ERIC sold 7,200 shares at $160.24 per share on Nov 21. Company shares held by the Director now total 7,261.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Marriott International Inc. pays an annual dividend of $1.60, resulting in a dividend yield of 0.92%, and it has a price to earnings (P/E) ratio of 23.87. MAR’s most recent ex-dividend date was 2/23/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 3/31/2023. Previously, the company paid the dividend on 12/30/2022 with an ex-dividend date of 11/22/2022. The MAR stock dividend was $0.30 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for MAR in the last 3 months, the mean price target is $181.94 with high estimates of $205.00 and low estimates of $168.00. In terms of 52-week highs and lows, MAR has a high of $195.90 and a low of $131.01.
As of this writing, MAR has an earnings estimate of $1.83 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.95 per share and a lower estimate of $1.8. The company reported an EPS of $1.8 in the last quarter, which was 15.40% higher than expectations of $1.56.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAR is Sell with a score of 3.56. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 16 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.