Marriott International (MAR) Scheduled to Post Earnings on Monday

Marriott International (NASDAQ:MAR) will post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Marriott International to post earnings of $2.31 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.49 by $0.01. Marriott International had a net margin of 12.01% and a negative return on equity of 239.60%. The company had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.47 billion. During the same quarter last year, the firm posted $2.26 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts expect Marriott International to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Marriott International Stock Up 0.2 %

Marriott International stock opened at $260.57 on Friday. The company has a market capitalization of $73.36 billion, a PE ratio of 26.06, a PEG ratio of 6.23 and a beta of 1.58. The firm’s fifty day moving average is $247.14 and its 200 day moving average is $239.12. Marriott International has a 12-month low of $180.75 and a 12-month high of $266.58.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MAR shares. BMO Capital Markets increased their price objective on shares of Marriott International from $240.00 to $255.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 22nd. Barclays raised their price objective on Marriott International from $240.00 to $251.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 17th. Wells Fargo & Company upped their target price on Marriott International from $238.00 to $261.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 22nd. Robert W. Baird set a $258.00 price target on shares of Marriott International in a research report on Thursday, October 17th. Finally, The Goldman Sachs Group started coverage on shares of Marriott International in a report on Wednesday, September 18th. They set a “buy” rating and a $267.00 price objective on the stock. Thirteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $256.39.

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.