Marriott International, Inc.

MAR

US5719032022

Hotels, Motels & Cruise Lines

Real-time Estimate Cboe BZX Other stock markets 10:20:50 2024-05-22 am EDT			5-day change	1st Jan Change
237.9 ^USD	-0.17%		+0.93%	+5.62%

May. 21	Tourism a boon for Spain's economy but a bane for some locals	RE
May. 14	Agilysys Off to 'Fast Start' After Strong Fiscal Q4, Upbeat Subscription Revenue Outlook, Oppenheimer Says	MT

Marriott International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 07:10 am EDT

Marriott International, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 357 million compared to USD 356 million a year ago. Revenue was USD 5,977 million compared to USD 5,615 million a year ago.

Net income was USD 564 million compared to USD 757 million a year ago. Basic earnings per share from continuing operations was USD 1.94 compared to USD 2.44 a year ago. Diluted earnings per share from continuing operations was USD 1.93 compared to USD 2.43 a year ago.

Latest news about Marriott International, Inc.

Tourism a boon for Spain's economy but a bane for some locals	May. 21	RE
Agilysys Off to 'Fast Start' After Strong Fiscal Q4, Upbeat Subscription Revenue Outlook, Oppenheimer Says	May. 14	MT
Marriott International Raises Quarterly Dividend 21% to $0.63 per Share, Payable June 28 to Holders of Record on May 24	May. 10	MT
Marriott International, Inc. Declares Quarterly Cash Dividend, Payable on June 28, 2024	May. 10	CI
Citigroup, United Airlines CEOs Reportedly Set to Meet Biden	May. 07	MT
Biden to meet with CEOs of United, Citi and others, says US official	May. 07	RE
KKR Partners With Marriott International for Midscale Hospitality Foray in Japan	May. 07	MT
KKR & Co. Inc. and Marriott International, Inc. to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton	May. 07	CI
Morningstar Adjusts Price Target on Marriott International to $224 From $220	May. 06	MT
Baird Adjusts Marriott International's Price Target to $250 From $248	May. 02	MT
Jefferies Adjusts Marriott International's Price Target to $234 From $237	May. 02	MT
Wells Fargo Adjusts Marriott International's Price Target to $248 From $250	May. 02	MT
HSBC Adjusts Price Target on Marriott International to $278 From $267	May. 02	MT
Mizuho Adjusts Price Target on Marriott International to $265 From $260	May. 02	MT
Morgan Stanley Adjusts Price Target on Marriott International to $256 From $263	May. 02	MT
BMO Capital Adjusts Price Target on Marriott International to $240 From $235	May. 02	MT
Morgan Stanley Raises Price Target on Marriott International to $256 From $253, Keeps Overweight Rating	May. 02	MT
Consumer Cos Climb After Fed Statement -- Consumer Roundup	May. 01	DJ
Deutsche Bank Raises Marriott International Price Target to $222 From $208, Maintains Hold Rating	May. 01	MT
Tranche Update on Marriott International, Inc.'s Equity Buyback Plan announced on August 4, 2005.	May. 01	CI
Wells Fargo Adjusts Price Target on Marriott International to $234 From $250	May. 01	MT
Transcript : Marriott International, Inc., Q1 2024 Earnings Call, May 01, 2024	May. 01
Marriott Q1 Earnings, Revenue Rise; Q2 Earnings Outlook Issued -- Shares Fall Pre-Bell	May. 01	MT
Earnings Flash (MAR) MARRIOTT INTERNATIONAL Reports Q1 Revenue $5.98B	May. 01	MT
(MAR) MARRIOTT INTERNATIONAL Expects Fiscal Year 2024 EPS Range $9.31 - $9.65	May. 01	MT

Chart Marriott International, Inc.

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Company Profile

Marriott International, Inc. specializes in hotel operating. Net sales break down by activity area as follows: - The United States and Canada (79.9%): - International (20.1%). At the end of 2023, the group operated 8,785 hotels and residences (1,513,926 rooms) under the brands JW Marriott, The Ritz-Carlton, St. Regis, W Hotels, The Luxury Collection, EDITION, Bulgari, Marriott Hotels, Sheraton, Westin, Courtyard, Residence Inn, Le Méridien, Fairfield by Marriott, SpringHill, Renaissance, Four Points, AC Hotels by Marriott, Protea Hotels, Element, Moxy, etc., distributed between franchised hotels (6,563; 994,354 rooms), managed hotels (2,046; 575,963 rooms), owned and leased hotels (50; 13,115) and residential hotels (113; 11,481). In addition, the group is developing a real estate development business under its own brands.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-07-29 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

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Ratings for Marriott International, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

238.3 USD

Average target price

246.6 USD

Spread / Average Target

+3.51%

Consensus

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Quarterly earnings - Rate of surprise

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Sector Other Hotels, Motels & Cruise Lines

	1st Jan change	Capi.
MARRIOTT INTERNATIONAL, INC.	+5.62%	68.06B
INTERCONTINENTAL HOTELS GROUP PLC	+10.07%	16.05B
HYATT HOTELS CORPORATION	+15.25%	15.21B
ACCOR	+17.72%	10.54B
THE INDIAN HOTELS COMPANY LIMITED	+30.82%	9.72B
MINOR INTERNATIONAL	+8.47%	4.99B
HILTON GRAND VACATIONS INC.	+4.73%	4.36B
EIH LIMITED	+92.79%	3.61B
ASSET WORLD CORP	+8.99%	3.42B
MARRIOTT VACATIONS WORLDWIDE CORPORATION	+11.32%	3.34B

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