19-Apr-2024
Barclays Keeps Their Hold Rating on Marriott International (MAR)
TipRanks (Fri, 19-Apr 3:56 AM ET)
Fairfield by Marriott Brings the Beauty of Simplicity to Copenhagen for its European Debut
PRNewswire (Mon, 8-Apr 10:00 AM ET)
MARRIOTT INTERNATIONAL ANNOUNCES RELEASE DATE FOR FIRST QUARTER 2024 EARNINGS
PRNewswire (Tue, 2-Apr 4:30 PM ET)
Marriott Bonvoy and BetMGM Unlock a New World of "Play, Earn, Stay" with New Rewards Connection
PRNewswire (Mon, 18-Mar 2:30 PM ET)
THE RITZ-CARLTON, NAPLES UNVEILS NOLITA: A SLICE OF NEW YORK WITH A CLASSIC ITALIAN FLAIR
PRNewswire (Mon, 18-Mar 9:45 AM ET)
PRNewswire (Wed, 6-Mar 9:00 AM ET)
From Niche to National? Exploring the Growth Potential of a Upcoming Integrated Propane Provider
EDM Media (Tue, 27-Feb 8:39 AM ET)
Marriott International Announces Robust Growth Across the Caribbean and Latin America in 2023
PRNewswire (Mon, 26-Feb 9:00 AM ET)
MAR Bullish Calendar Call Spread with 224% Upside
Market Chameleon (Fri, 23-Feb 11:09 AM ET)
MARRIOTT INTERNATIONAL REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 RESULTS
PRNewswire (Tue, 13-Feb 7:00 AM ET)
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 19, 2024, MAR stock price declined to $236.00 with 1,703,531 million shares trading.
MAR has a beta of 1.01, meaning it tends to be more sensitive to market movements. MAR has a correlation of 0.38 to the broad based SPY ETF.
MAR has a market cap of $68.03 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 return of +37.1%, while the SPY ETF gained +21.2%. However, in the most recent history, MAR shares have underperformed the stock market with its stock returning +1.2% in the last 3 month period and -7.1% for the last 2 week period, while SPY has returned +3.0% and -4.5%, respectively.
MAR support price is $232.76 and resistance is $239.84 (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.