MAR Stock Summary and Trading Ideas (Marriott Intl | NASDAQ:MAR)

Marriott operates 1.6 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Marriott Intl trades on the NASDAQ stock market under the symbol MAR.

As of April 15, 2024, MAR stock price declined to $248.41 with 1,348,357 million shares trading.

MAR has a beta of 0.91, meaning it tends to be less sensitive to market movements. MAR has a correlation of 0.33 to the broad based SPY ETF.

MAR has a market cap of $71.61 billion. This is considered a Large Cap stock.

Last quarter Marriott Intl reported $6 billion in Revenue and $3.57 earnings per share. This fell short of revenue expectation by $-105 million and exceeded earnings estimates by $1.45.

In the last 3 years, MAR stock traded as high as $260.57 and as low as $127.23.

The top ETF exchange traded funds that MAR belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.

MAR has outperformed the market in the last year with a price return of +55.1% while the SPY ETF gained +25.3%. MAR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.4% and -1.5%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

MAR support price is $247.75 and resistance is $254.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAR stock will trade within this expected range on the day.