Is Marriott International, Inc. (NASDAQ: MAR) Still On The Rise?

After Hours

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. Yahoo Finance discussed the stock recently as it posted Marriott Bonvoy and BetMGM Unlock a New World of “Play, Earn, Stay” with New Rewards Connection.

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Stocks Info

This NASDAQ-listed company operates within the Lodging industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Marriott International, Inc. is $73.54B. A total of 1.61 million shares were traded on the day, compared to an average of 1.45M shares.

In the most recent transaction, HIPPEAU ERIC sold 1,400 shares of MAR for 251.19 per share on Mar 13 ’24. After the transaction, the Director now owns 72 company shares. In a previous transaction on Feb 28 ’24, Marriott David S sold 2,878 shares at 248.94 per share. MAR shares that 13D Group Owning more than 10% owns now total 596,042.

Among the insiders who sold shares, Anand Satyajit disposed of 2,749 shares on Feb 23 ’24 at a per-share price of $251.93. This resulted in the President, EMEA holding 24,478 shares of MAR after the transaction. In another insider transaction, Capuano Anthony sold 20,000 shares at $248.48 per share on Feb 22 ’24. Company shares held by the President & CEO now total 93,323.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Marriott International, Inc. pays an annual dividend of $2.08, resulting in a dividend yield of 0.82%, and it has a price to earnings (P/E) ratio of 24.93. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MAR has a high of $253.12 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 19 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

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 3.37.

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