News stories about Marriott International (NASDAQ:MAR) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marriott International earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 81 out of 100, indicating that recent press coverage is very likely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Marriott International (MAR) Expected to Announce Quarterly Sales of $5.12 Billion (americanbankingnews.com)
- Marriott International : Wins Two Creative Data Cannes Lions (4-traders.com)
- Marriott International (MAR) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Marriott International : Peninsula Town Center plans to bring Element hotel to former Macy’s site (4-traders.com)
- Why Ritz-Carlton Is Building the Anti-Cruise Ship (finance.yahoo.com)
Marriott International (NASDAQ:MAR) traded up 0.16% during mid-day trading on Friday, hitting $104.06. The company had a trading volume of 6,252,434 shares. The stock has a market capitalization of $39.43 billion, a PE ratio of 36.86 and a beta of 1.31. The stock has a 50 day moving average price of $103.66 and a 200-day moving average price of $91.63. Marriott International has a 1-year low of $60.87 and a 1-year high of $110.51.
Marriott International (NASDAQ:MAR) last issued its quarterly earnings results on Monday, May 8th. The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.90 by $0.11. The company had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.28 billion. Marriott International had a net margin of 4.91% and a return on equity of 38.10%. The firm’s revenue was up 47.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. On average, analysts forecast that Marriott International will post $4.04 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, May 19th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.27%. This is an increase from Marriott International’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, May 17th. Marriott International’s dividend payout ratio is presently 47.48%.
MAR has been the topic of a number of research reports. J P Morgan Chase & Co restated an “overweight” rating and set a $111.00 price target on shares of Marriott International in a research report on Friday, May 12th. Goldman Sachs Group, Inc. (The) downgraded Marriott International from a “conviction-buy” rating to a “buy” rating and set a $105.00 price target on the stock. in a research report on Tuesday, April 11th. Evercore ISI raised their price target on Marriott International from $86.00 to $90.00 and gave the company an “underperform” rating in a research report on Thursday, March 23rd. Barclays PLC restated a “hold” rating and set a $105.00 price target on shares of Marriott International in a research report on Friday, May 12th. Finally, Stifel Nicolaus raised their price target on Marriott International from $84.00 to $87.00 and gave the company a “hold” rating in a research report on Wednesday, March 22nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $97.97.
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In related news, insider David A. Rodriguez sold 10,101 shares of the company’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $101.30, for a total transaction of $1,023,231.30. Following the transaction, the insider now directly owns 21,224 shares in the company, valued at approximately $2,149,991.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Edward A. Ryan sold 7,378 shares of the company’s stock in a transaction dated Tuesday, March 28th. The shares were sold at an average price of $93.44, for a total transaction of $689,400.32. Following the transaction, the executive vice president now owns 92,155 shares in the company, valued at $8,610,963.20. The disclosure for this sale can be found here. Insiders have sold a total of 56,295 shares of company stock worth $5,750,027 over the last quarter. 17.07% of the stock is currently owned by insiders.
Marriott International Company Profile
Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.
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