Marriott International, Inc. (NASDAQ:MAR) Receives Average Rating of “Hold” from Analysts

Marriott International, Inc. (NASDAQ:MAR) has earned an average recommendation of “Hold” from the twenty ratings firms that are currently covering the stock, MarketBeat Ratings reports. Thirteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $284.05.

Several equities analysts have weighed in on the stock. Jefferies Financial Group boosted their target price on shares of Marriott International from $251.00 to $295.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Susquehanna boosted their target price on shares of Marriott International from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Truist Financial boosted their target price on shares of Marriott International from $277.00 to $308.00 and gave the company a “hold” rating in a report on Wednesday, February 12th. Robert W. Baird boosted their target price on shares of Marriott International from $258.00 to $264.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Finally, Evercore ISI upgraded shares of Marriott International from an “in-line” rating to an “outperform” rating and set a $330.00 price objective on the stock in a report on Tuesday, February 4th.

Institutional Investors Weigh In On Marriott International

Large investors have recently modified their holdings of the company. Hopwood Financial Services Inc. purchased a new stake in shares of Marriott International in the 4th quarter valued at approximately $25,000. Bernard Wealth Management Corp. purchased a new stake in shares of Marriott International in the 4th quarter valued at approximately $25,000. Bell Investment Advisors Inc increased its position in shares of Marriott International by 112.2% in the 4th quarter. Bell Investment Advisors Inc now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 55 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of Marriott International by 494.4% in the 4th quarter. Sound Income Strategies LLC now owns 107 shares of the company’s stock valued at $30,000 after purchasing an additional 89 shares during the last quarter. Finally, Silvant Capital Management LLC acquired a new position in shares of Marriott International in the 3rd quarter valued at $31,000. 70.70% of the stock is owned by hedge funds and other institutional investors.

Marriott International Trading Down 3.4 %

MAR opened at $277.47 on Friday. The firm has a market capitalization of $76.50 billion, a PE ratio of 33.35, a PEG ratio of 3.42 and a beta of 1.57. Marriott International has a twelve month low of $204.55 and a twelve month high of $307.52. The firm’s 50-day moving average price is $283.73 and its 200 day moving average price is $264.75.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. Marriott International had a net margin of 9.46% and a negative return on equity of 116.67%. As a group, analysts predict that Marriott International will post 10.1 earnings per share for the current fiscal year.

Marriott International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 27th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, February 27th. Marriott International’s payout ratio is currently 30.29%.

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.