Analyst Expects Marriott International, Inc. (NASDAQ: MAR) To Make Big Moves

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. Earlier, Yahoo Finance discussed this stock as it revealed Marriott International Announces Robust Growth Across the Caribbean and Latin America in 2023.

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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. The current market capitalization of Marriott International, Inc. is $72.15B. A total of 1.48 million shares were traded on the day, compared to an average of 1.48M 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 20 BUYs and 30 SELLs from insiders. Insiders purchased 73,272 shares during that period but sold 197,843.

In the most recent transaction, Anand Satyajit sold 2,749 shares of MAR for 251.93 per share on Feb 23. After the transaction, the President, EMEA now owns 24,478 company shares. In a previous transaction on Feb 22, Capuano Anthony sold 20,000 shares at 248.48 per share. MAR shares that President & CEO owns now total 93,323.

Among the insiders who sold shares, Pinto Drew disposed of 1,404 shares on Feb 21 at a per-share price of $242.87. This resulted in the EVP, Chf. Rev & Technology holding 5,996 shares of MAR after the transaction. In another insider transaction, Oberg Kathleen K. sold 47,109 shares at $242.71 per share on Feb 20. Company shares held by the EVP & CFO now total 20,036.

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 $2.08, resulting in a dividend yield of 0.83%, and it has a price to earnings (P/E) ratio of 24.46. MAR’s most recent ex-dividend date was 2/21/2024 when it declared a $0.52 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/21/2023. 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 $245.00 with high estimates of $275.00 and low estimates of $208.00. In terms of 52-week highs and lows, MAR has a high of $252.17 and a low of $153.56.

As of this writing, MAR has an earnings estimate of $2.17 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $2.23 per share and a lower estimate of $2.1. The company reported an EPS of $2.11 in the last quarter, which was 0.50% higher than expectations of $2.1.

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 -$2.35, 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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