BETHESDA, Md., Feb. 8, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 52 cents per share of common stock. The dividend is payable on March 29, 2024, to shareholders of record as of the close of business on February 22, 2024. Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,800 properties across more than 30 leading brands in 139 countries a ...

The upcoming report from Marriott International (MAR) is expected to reveal quarterly earnings of $2.12 per share, indicating an increase of 8.2% compared to the year-ago period. Analysts forecast revenues of $6.32 billion, representing an increase of 6.8% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates durin ...

Marriott International, Inc. (MAR) is scheduled to release fourth-quarter 2023 results on Feb 13, 2024, before the opening bell. In the previous quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 0.5%.Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter bottom line is pegged at $2.12 per share, indicating growth of 8.2% from $1.96 reported in the year-ago quarter.For revenues, the consensus mark is pegged at $6.32 billion, suggesting growth of 6.8% from the prior- ...

Marriott International (MAR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this hotel company have returned +9.3% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Hotels and Motels industry, to which Marriott belongs, has gained 7.3% over this period. Now the key question is: Where could the stock be headed in the near term?While media releas ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Marriott International (MAR) , which belongs to the Zacks Hotels and Motels industry, could be a great candidate to consider.This hotel company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.84%.For the most recent quarte ...

Tomsmith585Certain Consumer Discretionary Names are beginning to trade like technology stocks A tremendous melt-up has begun to take hold among certain consumer discretionary names, lifting companies like Marriott to near parabolic status. There is increasing enthusiasm over the soft landing representing a new paradigm of consumer spending enthusiasm and that the good times will keep on rolling. Marriot's stock price ascent is a combination of the company's strong fundamentals, investor enthusiasm on a ...

Following a yearlong transformation, the property is ushering in a new era through a modern lens DALLAS, Feb. 1, 2024 /PRNewswire/ -- The Ritz-Carlton Dallas, Las Colinas, opened its doors on January 23rd, becoming the newest addition to The Ritz-Carlton's collection of over 110 hotels and resorts worldwide. The property has a 38-year-old legacy in the Dallas area and is undergoing a substantial $55 million renovation following its acquisition in 2022 through a joint venture between Trinity Investments and ...

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Key PointsMarriot International is a leading hospitality company with over 8,800 worldwide properties encompassing 30 brands of hotels and resorts.Marriott saw net rooms grow 4.7% to over 1.597 million in 2023, with a record 573,000 rooms in the pipeline, up 15% YoY.The Marriott Bonvoy loyalty program has grown to 192 million members worldwide, with app downloads growing by 19% YoY in Q3 2024.5 stocks we like better than Marriott InternationalLeading global hospitality giant Marriott International Inc. NASD ...