Marriott International (MAR) Earning Somewhat Favorable News Coverage, Report Shows

Press coverage about Marriott International (NASDAQ:MAR) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marriott International earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.9793372122118 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Marriott International (NASDAQ MAR) traded up $0.55 during midday trading on Thursday, hitting $127.85. 1,464,967 shares of the company traded hands, compared to its average volume of 2,461,447. Marriott International has a one year low of $81.04 and a one year high of $129.56. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.52 and a quick ratio of 0.52. The stock has a market capitalization of $46,495.05, a PE ratio of 31.18, a P/E/G ratio of 3.19 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.12. Marriott International had a net margin of 6.30% and a return on equity of 31.58%. The company had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.22 billion. During the same quarter in the previous year, the company earned $0.91 earnings per share. Marriott International’s quarterly revenue was up 43.7% on a year-over-year basis. equities analysts anticipate that Marriott International will post 4.24 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Tuesday, November 21st. Marriott International’s dividend payout ratio is currently 35.87%.

Marriott International declared that its Board of Directors has initiated a stock repurchase plan on Thursday, November 9th that authorizes the company to buyback 30,000,000 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Several equities analysts have recently commented on the stock. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $113.00 price objective (up from $111.00) on shares of Marriott International in a research note on Wednesday, August 9th. Morgan Stanley upped their price objective on shares of Marriott International from $110.00 to $112.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. Berenberg Bank reaffirmed a “buy” rating and set a $125.00 price objective on shares of Marriott International in a research note on Friday, August 18th. Stifel Nicolaus reaffirmed a “hold” rating and set a $115.00 price objective (up from $98.00) on shares of Marriott International in a research note on Wednesday, November 8th. Finally, SunTrust Banks upped their price objective on shares of Marriott International to $108.00 and gave the company a “hold” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $110.86.

In other Marriott International news, EVP Anthony Capuano sold 13,736 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $107.78, for a total value of $1,480,466.08. Following the sale, the executive vice president now owns 42,669 shares in the company, valued at $4,598,864.82. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Argiris Kyriakidis sold 3,000 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $107.84, for a total transaction of $323,520.00. Following the completion of the sale, the insider now owns 16,079 shares in the company, valued at approximately $1,733,959.36. The disclosure for this sale can be found here. Insiders have sold 188,067 shares of company stock worth $22,337,926 in the last quarter. 11.32% of the stock is owned by corporate insiders.

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Marriott International Company Profile

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Insider Buying and Selling by Quarter for Marriott International (NASDAQ:MAR)

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