Marriott International (NASDAQ:MAR) Given New $285.00 Price Target at BMO Capital Markets

Marriott International (NASDAQ:MAR) had its price target upped by stock analysts at BMO Capital Markets from $280.00 to $285.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 4.69% from the company’s previous close.

A number of other research firms have also commented on MAR. Robert W. Baird dropped their price target on Marriott International from $287.00 to $285.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Barclays dropped their price target on Marriott International from $276.00 to $262.00 and set an “equal weight” rating on the stock in a research report on Friday, October 3rd. Morgan Stanley dropped their price target on Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Marriott International in a report on Wednesday, October 8th. Finally, Truist Financial increased their price objective on Marriott International from $273.00 to $278.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $285.60.

Marriott International Trading Up 3.2%

NASDAQ:MAR opened at $272.24 on Wednesday. Marriott International has a 1-year low of $205.40 and a 1-year high of $307.52. The business’s 50-day moving average price is $265.65 and its two-hundred day moving average price is $264.32. The firm has a market capitalization of $73.90 billion, a price-to-earnings ratio of 30.69, a PEG ratio of 2.73 and a beta of 1.36.

Marriott International (NASDAQ:MAR) last released its earnings results on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.09. The firm had revenue of $6.49 billion for the quarter, compared to analyst estimates of $6.46 billion. Marriott International had a negative return on equity of 93.44% and a net margin of 9.60%. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS. FY 2025 guidance at 9.980-10.060 EPS. Sell-side analysts predict that Marriott International will post 10.1 earnings per share for the current year.

Marriott International declared that its board has authorized a share buyback plan on Thursday, August 7th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Pallas Capital Advisors LLC grew its stake in Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after purchasing an additional 37 shares in the last quarter. Lazari Capital Management Inc. grew its stake in Marriott International by 1.6% in the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock valued at $614,000 after purchasing an additional 37 shares in the last quarter. CreativeOne Wealth LLC grew its stake in Marriott International by 2.1% in the first quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock valued at $436,000 after purchasing an additional 38 shares in the last quarter. L2 Asset Management LLC boosted its stake in shares of Marriott International by 4.0% during the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock worth $272,000 after acquiring an additional 38 shares during the period. Finally, Motley Fool Asset Management LLC boosted its stake in shares of Marriott International by 0.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 12,824 shares of the company’s stock worth $3,055,000 after acquiring an additional 39 shares during the period. 70.70% of the stock is currently owned by institutional investors.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.