Marriott International (NASDAQ:MAR) Earns Buy Rating from Analysts at Erste Group Bank

Erste Group Bank started coverage on shares of Marriott International (NASDAQ:MAR) in a report released on Thursday, MarketBeat.com reports. The firm issued a buy rating on the stock.

Several other analysts also recently commented on the stock. Mizuho reduced their price target on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Morgan Stanley raised their price objective on shares of Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. BMO Capital Markets reduced their target price on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a report on Tuesday, August 4th. JPMorgan Chase & Co. increased their target price on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, China Intl Cap raised Marriott International to a “strong-buy” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $385.65.

Marriott International Stock Performance

Marriott International stock opened at $351.08 on Thursday. The company has a market capitalization of $91.55 billion, a P/E ratio of 36.38, a PEG ratio of 2.72 and a beta of 1.10. Marriott International has a fifty-two week low of $256.76 and a fifty-two week high of $410.98. The stock has a 50-day simple moving average of $366.40 and a 200-day simple moving average of $358.94.

Marriott International (NASDAQ:MAR) last released its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $0.11. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%.The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter last year, the business posted $2.65 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, analysts forecast that Marriott International will post 11.7 earnings per share for the current year.

Marriott International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Institutional Investors Weigh In On Marriott International

A number of institutional investors have recently added to or reduced their stakes in the business. Frederick Financial Consultants LLC grew its position in shares of Marriott International by 0.8% during the 4th quarter. Frederick Financial Consultants LLC now owns 3,531 shares of the company’s stock worth $1,095,000 after buying an additional 28 shares during the period. World Equity Group Inc. boosted its stake in Marriott International by 2.0% in the second quarter. World Equity Group Inc. now owns 1,437 shares of the company’s stock valued at $533,000 after acquiring an additional 28 shares during the last quarter. Haven Capital Group Inc. grew its holdings in Marriott International by 0.3% during the 1st quarter. Haven Capital Group Inc. now owns 10,064 shares of the company’s stock worth $3,292,000 after acquiring an additional 30 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Marriott International by 1.2% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,472 shares of the company’s stock valued at $808,000 after acquiring an additional 30 shares during the last quarter. Finally, Transamerica Financial Advisors LLC lifted its stake in shares of Marriott International by 34.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 120 shares of the company’s stock valued at $37,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 70.70% of the company’s stock.

About Marriott International

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.