Analysts Point To Marriott International, Inc. (NASDAQ: MAR) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Marriott International, Concord Hospitality and Whitman Peterson Celebrate Groundbreaking of First StudioRes Property in Fort Myers, Florida.

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Stocks Info

As a NASDAQ listed company, MAR falls under the Consumer Cyclical sector while operating within the Lodging industry segment. At the end of the last regular session, the stock closed at $232.68 and fluctuated between $233.06 as its day high and $227.69 as its day low. The current market capitalization of Marriott International, Inc. is $68.34B. A total of 2.21 million shares were traded on the day, compared to an average of 1.50M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MAR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 32 BUYs and 45 SELLs from insiders. Insiders purchased 128,616 shares during that period but sold 237,933.

In the most recent transaction, Capuano Anthony sold 46,000 shares of MAR for 216.49 per share on Dec 12. After the transaction, the President & CEO now owns 54,317 company shares. In a previous transaction on Nov 22, Lee Felitia sold 570 shares at 210.08 per share. MAR shares that Controller and CAO owns now total 2,793.

Among the insiders who sold shares, Menon Rajeev disposed of 8,000 shares on Sep 11 at a per-share price of $207.03. This resulted in the President, APEC holding 4,000 shares of MAR after the transaction. In another insider transaction, Capuano Anthony sold 20,000 shares at $202.23 per share on Aug 28. Company shares held by the President & CEO now total 100,317.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Marriott International, Inc. pays an annual dividend of $1.84, resulting in a dividend yield of 0.79%, and it has a price to earnings (P/E) ratio of 24.66. MAR’s most recent ex-dividend date was 11/21/2023 when it declared a $0.52 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 8/16/2023. The MAR stock dividend was $0.52 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MAR in the last 3 months, the mean price target is $217.35 with high estimates of $240.00 and low estimates of $160.00. In terms of 52-week highs and lows, MAR has a high of $228.94 and a low of $153.56.

As of this writing, MAR has an earnings estimate of $2.11 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.15 per share and a lower estimate of $2.07. The company reported an EPS of $2.26 in the last quarter, which was 3.70% higher than expectations of $2.18.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MAR’s latest balance sheet shows that the firm has $1.39B in Cash & Short Term Investments as of fiscal 2021. There were $11.24B in debt and $6.41B in liabilities at the time. Its Book Value Per Share was -$2.24, while its Total Shareholder’s Equity was $1.41B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 3.39.

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