CNBC's Jim Cramer on Friday prepared investors for next week on Wall Street, saying investors should pay attention as earnings season continues, with reports from companies including Shopify, Marriott and Wendy's.He also recommended researching retail stocks next week before the industry reports a slew of earnings results the week after."Next week seems busy, but, you know what, it's a classic interregnum — Google that — before we get to retail earnings," Cramer said. "Remember, those heavy earnings weeks a ...

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 ...

Core Insights - The upcoming quarterly earnings report for Marriott International (MAR) is anticipated to show earnings of $2.12 per share, reflecting an 8.2% increase year-over-year, with revenues expected to reach $6.32 billion, a 6.8% increase from the previous year [1] Revenue Projections - Analysts project 'Revenues- Gross fee revenues' to be $1.21 billion, indicating a year-over-year increase of 7.4% [2] - 'Revenues- Net fee revenues' are forecasted to reach $1.19 billion, representing a 7.5% increase from the prior-year quarter [2] - 'Revenues- Owned, leased, and other revenue' is estimated at $389.78 million, suggesting a decline of 1.6% year-over-year [2] - 'Revenues- Franchise fees' are expected to be $702.02 million, indicating a 6.7% year-over-year increase [3] - 'Revenues- Incentive management fees' are projected at $196.20 million, reflecting a 5.5% increase year-over-year [3] - 'Revenues- Cost reimbursements' are estimated to be $4.74 billion, indicating a 7.3% increase from the year-ago quarter [3] - 'Revenues- Base management fees' are expected to reach $315.90 million, suggesting a 10.1% year-over-year increase [3] Growth Metrics - The 'Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate' is estimated to be 8.4%, a decrease from the previous year's figure of 28.8% [3] - The total number of 'Rooms - Total' is projected to reach 1,594,567, compared to 1,525,000 in the previous year [4] Stock Performance - Shares of Marriott have increased by 9.3% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 6.5% [4]

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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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...