Marriott International (NASDAQ:MAR) Posts Earnings Results, Beats Expectations By $0.18 EPS

Posted by Geri Gentry on Nov 4th, 2026

Marriott International (NASDAQ:MAR – Get Free Report) announced its quarterly earnings results on Monday. The company reported $3.02 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.18, FiscalAI reports. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.93 billion. Marriott International had a negative return on equity of 73.98% and a net margin of 9.68%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the firm posted $2.47 earnings per share.

Here are the key takeaways from Marriott International’s conference call:

Third-quarter results exceeded expectations, with global RevPAR up 6.5%, adjusted EBITDA up 12%, and adjusted diluted EPS up 22% to $3.02. Growth was broad-based, led by U.S. and Canada, luxury hotels, and APEC.
Marriott raised its full-year 2026 outlook to 4.5%-5% global RevPAR growth and expects adjusted EBITDA to rise about 13%, with adjusted diluted EPS growth of 20%-21%. Capital returns to shareholders are now expected to total at least $4.8 billion.
Development momentum remains strong, with the pipeline up more than 6% to a record 634,000 rooms and conversions accounting for over 40% of openings year to date. Marriott expects net rooms growth toward the low end of its 4.5%-5% target in 2026 and mid-single-digit growth over the next several years.
Regional weakness remains concentrated in Greater China and the Middle East. Greater China RevPAR was roughly flat because of softer domestic leisure demand, while Middle East RevPAR fell 12% and is expected to decline more sharply in the fourth quarter due to difficult comparisons, canceled events, and ongoing geopolitical disruption.
Marriott is investing heavily in technology and AI, including a property-management-system rollout that has reached more than 3,000 hotels, while continuing to deploy key money to win conversions. Management said investment spending will remain elevated, with 40%-45% of 2026 spending allocated to contract acquisition costs and 25%-30% to technology.

Marriott International Stock Performance

Shares of MAR stock traded up $1.32 during mid-day trading on Wednesday, hitting $417.70. The company’s stock had a trading volume of 204,271 shares, compared to its average volume of 1,556,551. The company’s fifty day simple moving average is $362.52 and its 200-day simple moving average is $356.68. Marriott International has a 52 week low of $272.66 and a 52 week high of $433.30. The company has a market cap of $108.92 billion, a PE ratio of 41.69, a P/E/G ratio of 3.06 and a beta of 1.15.

Marriott International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were given a $0.73 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. Marriott International’s dividend payout ratio (DPR) is 30.26%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MAR shares. Morgan Stanley raised their price objective on shares of Marriott International from $384.00 to $403.00 and gave the company an “overweight” rating in a report on Thursday, October 22nd. CICC Research began coverage on shares of Marriott International in a report on Wednesday, August 12th. They set an “outperform” rating and a $410.00 target price on the stock. Truist Financial upped their price target on shares of Marriott International from $356.00 to $360.00 and gave the company a “hold” rating in a research report on Thursday, September 10th. Robert W. Baird upped their price target on shares of Marriott International from $395.00 to $414.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Argus dropped their price target on shares of Marriott International from $445.00 to $425.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $393.04.

Read Our Latest Stock Report on Marriott International

Key Marriott International News

Here are the key news stories impacting Marriott International this week:

Positive Sentiment: Marriott reported Q3 adjusted EPS of $3.02, ahead of the $2.84 consensus, while revenue increased 8% to $7.01 billion. Global RevPAR rose 6.5%, supporting the view that travel demand and pricing remain healthy. Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
Positive Sentiment: The company raised its 2026 EPS outlook to $12.07–$12.14, above the prior consensus estimate of $11.74, and projected Q4 EPS of $3.14–$3.21 versus a $3.03 consensus. Higher fee revenue, room growth and strong demand underpin the improved outlook. Marriott Q3 Earnings Beat Estimates
Positive Sentiment: Growth is also coming from Marriott’s capital-light expansion: conversions accounted for over 40% of openings year to date, and its development pipeline reached a record. The opening of its 800th Asia-Pacific property outside China, in Laos, adds another brand and destination to its network. Marriott celebrates its 800th Asia-Pacific property outside China
Neutral Sentiment: Analyst opinions are mixed. Goldman Sachs raised its target to $456 and kept a Buy rating, while Freedom Broker downgraded the shares to Hold; Barclays and Baird raised targets but maintained neutral-equivalent ratings.
Negative Sentiment: Valuation may limit further gains after the stock’s strong run. Commentary flagged an elevated P/E and overbought technical readings as potential pullback risks; Middle East & Africa RevPAR also declined, while Greater China was roughly flat. Marriott earnings and valuation analysis

Insider Activity

In other Marriott International news, insider David S. Marriott sold 3,500 shares of Marriott International stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the sale, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Deborah Harrison sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.43% of the stock is owned by corporate insiders.

About Marriott International

(Get Free Report)

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.

Earnings History for Marriott International (NASDAQ:MAR)

Receive News & Ratings for Marriott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marriott International and related companies with MarketBeat.com's FREE daily email newsletter.