MAR - Marriott International, Inc.
| Previous Close | 118.62 |
| Open | 119.80 |
| Bid | 118.57 x 800 |
| Ask | 125.00 x 1400 |
| Day's Range | 118.83 - 121.60 |
| 52 Week Range | 100.62 - 144.86 |
| Volume | 2,012,943 |
| Avg. Volume | 2,088,091 |
| Market Cap | 41.294B |
| Beta (3Y Monthly) | 1.01 |
| PE Ratio (TTM) | 28.71 |
| EPS (TTM) | 4.22 |
| Earnings Date | Feb 28, 2019 |
| Forward Dividend & Yield | 1.64 (1.38%) |
| Ex-Dividend Date | 2018-11-20 |
| 1y Target Est | 131.59 |
- American City Business Journals•yesterday
New hotel management company rises from Two Roads Hospitality's ashes
The Englewood-based firm launches with 17 properties that could not be transferred to Hyatt Hotels after the hospitality giant acquired Two Roads last year.
- American City Business Journals•yesterday
New hotel planned at Disney's Flamingo Crossings
A new Hilton Worldwide Holdings Inc. (NYSE: HLT) flag hotel is in the works at Walt Disney World's Flamingo Crossings mixed-use development. Anchorage-based JL Properties Inc. filed plans with the state this month for a new 250-room hotel property at Flamingo Crossings — its third property on site. Flamingo Crossings, which was master-planned by Disney, has drawn outside investors to build lodging and retail.
- PR Newswire•yesterday
March Madness® Inspires Travel Experiences
BETHESDA, Md., Feb. 15, 2019 /PRNewswire/ -- Marriott International is gearing up for game day in its third year as the Official Hotel Partner across all 90 NCAA® championships. The is a multi-year partnership with Marriott International, NCAA, Turner Sports and CBS Sports. As Spring signals the start of March Madness®, fans will prepare to travel to this year's Men's Final Four® championship in Minneapolis from April 6-8 and the Women's Final Four® championship in Tampa from April 5-7.
- American City Business Journals•yesterday
Greater Washington jumped to second nationally for construction starts in 2018
Commercial and multifamily construction starts shot up in Greater Washington last year, making it the second largest U.S. market for spending. The value of those projects totaled $9.5 billion in 2018 compared to $7.4 billion in 2017, according to a report from Dodge Data & Analytics. The D.C. area leapfrogged the Los Angeles and Dallas markets, which experienced 11 and 16 percent drops in spending respectively.
- PR Newswire•yesterday
Marriott International Declares Quarterly Cash Dividend
BETHESDA, Md. , Feb. 15, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its board of directors declared a quarterly cash dividend of 41 cents per share of common stock. ...
- American City Business Journals•2 days ago
The Key Bridge Marriott has a new owner, but its old soul lives on
Six decades after opening, the Key Bridge Marriott still holds a place of honor for Marriott. Now, a new owner is ready to make it shine again.
- American City Business Journals•2 days ago
Local lore: 7 things you didn't know happened at the Key Bridge Marriott
If those walls could talk, they'd probably reveal a lot about Washington over the past half century. As the Key Bridge Marriott turns 60, we look back on some of the wildest moments in the hotel's history.
- PR Newswire•3 days ago
New York's Moxy Chelsea Opens As The Flower District's New Secret Garden
NEW YORK, Feb. 14, 2019 /PRNewswire/ -- Rising 35 stories high into the New York City skyline, Moxy NYC Chelsea, the micro-room, macro-amenity hotel, developed by Lightstone and part of Marriott International's experiential Moxy Hotels brand, officially opens its doors today. Creating an environment that appeals to both today's modern traveler and locals, Moxy Chelsea was developed with a collection of public spaces designed to meet the community's dining, drinking, and co-working needs—while providing guests access to New York City at a neighborhood level. The 349-room hotel marks the second collaboration between Yabu Pushelberg, Rockwell Group, and architects Stonehill Taylor, the designers behind Moxy Times Square and three of the industry's most admired firms.
- Zacks•3 days ago
ETFs & Stocks to Fall for This Valentine's Day
The growing popularity of Valentine's Day puts these ETFs and stocks in focus.
Motley Fool•3 days agoSunstone Hotel Investors Inc (SHO) Q4 2018 Earnings Conference Call Transcript
SHO earnings call for the period ending December 31, 2018.
- American City Business Journals•3 days ago
Exclusive: Williams-Sonoma's West Elm Hotels is in a legal battle with a joint venture partner
In the lawsuit, the partner is accusing West Elm and Williams-Sonoma of attempting to squeeze the management company out of its West Elm Hotels joint venture.
- American City Business Journals•3 days ago
Cambria Magnificent Mile Hotel owner gets earful from Ohio lawmaker as strike drags on
With hotel workers still on strike at the Cambria, the hotel's owner, is starting to feel increased pressure to cut a deal.
- Reuters•4 days ago
IHG buys Six Senses Hotels business for $300 million
"Six Senses is an outstanding brand in the top-tier of luxury and one we've admired for some time," Chief Executive Officer Keith Barr said of the deal, which takes IHG's total portfolio of luxury hotels to 400 properties with 108,000 rooms. Six Senses currently manages 16 hotels and resorts, with 18 management contracts signed in its pipeline, and more than 50 further deals under active discussion.
- Reuters•8 days ago
Marriott teams up with Kuwait Projects on St. Regis resort in Morocco
United Real Estate Co., a unit of Kuwait Projects Co, and Marriott International said in a joint statement on Saturday that they had agreed to open a resort near Marrakech. Marriott said in October it had signed deals with partners to increase its hotels in Africa 50 percent by 2023, opening new ones in Ghana, Kenya, Morocco, South Africa and entering the market in Mozambique. The St. Regis Marrakech, in central Morocco, should open in 2024, the joint statement published in Kuwait said, without disclosing the cost of the development.
- Markit•9 days ago
See what the IHS Markit Score report has to say about Marriott International Inc.
Marriott International Inc NASDAQ/NGS:MARView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for MAR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MAR totaled $20.07 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. MAR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•9 days ago
Should You Be Tempted To Sell Marriott International, Inc. (NASDAQ:MAR) Because Of Its P/E Ratio?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The goal of this article is toRead More...
- Zacks•9 days ago
RevPAR & ADR Growth Bode Well for Hotels & Motels Industry
RevPAR & ADR Growth Bode Well for Hotels & Motels Industry
- Reuters•11 days ago
'Water from air' aims to turn back Thailand's tide of plastic
Staying at a hotel on the Thai island of Koh Samui in 2015, Meghan Kerrigan noticed the four bottles of water she was given every day were clogging her bin with plastic. "Instead of trying to solve the problem by cleaning the beaches every day, let's go to what the source of the problem is, and take the plastic bottle away," said Kerrigan, now 31. In 2016, the trio founded startup company Generation Water, based on the Thai resort island of Phuket.
- PR Newswire•11 days ago
Marriott International Announces Release Date for Fourth Quarter 2018 Earnings
BETHESDA, Md. , Feb. 5, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) will report fourth quarter 2018 earnings results on Thursday, February 28, 2019 , at approximately 5:00 pm Eastern ...
- InvestorPlace•11 days ago
3 Hotel Stocks That Allow Investors to Rest Comfortably
As the name implies, hotel stocks invest in properties which provide temporary accommodations, usually to tourists and travelers. However, these properties can consist of more than merely places to stay. Many hospitality stocks also involve leisure-oriented venues such as resorts, convention facilities, casinos, and cruise ships. The stock market offers two avenues to invest in hotel stocks. One involves the standard approach of buying equity in the world's major hospitality corporations. In most cases, these hotel stocks will loosely follow the direction of the S&P 500 stocks. For investors who prefer a focus on income or something closer to the property investor approach, they can buy into real estate investment trusts (REITs). REITs pay at least 90% of their net income to shareholders in the form of dividends. In return, the REIT does not have to pay income tax on its income earned from operations. REITs tend to pay higher dividends than S&P 500 averages, and this includes hotel REITs. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hotel stocks offer a mixed blessing. In good times, high occupancy rates and rising payouts should bolster these hospitality stocks. However, hotels see business slowdowns during leaner times. In the case of the REITs especially, this will probably lead to lower payouts and stock selling. * 7 Stocks That Won Super Bowl Sunday Still, with steady cash flows and rising profits, these stocks to invest in offer financial stability in market niches that should help weather harder times and deliver returns: ### Hospitality Properties Trust (HPT) Source: Shutterstock Income-focused investors interested in hotel stocks should look no further than Hospitality Properties Trust (NYSE:HPT). HPT owns 524 properties in 45 U.S. states, Puerto Rico and Canada. Seven major hotel chains operate the hotel portion of their portfolio. The REIT also usually chooses properties in the suburbs of major metro areas located near interstate highway systems. HPT tends to buy select-service and extended-stay hotels that cater to business clientele. HPT can further assist customers through their 199 travel centers located across the country. Travel centers depend less on economic cycles than hotels. Thus, when times become tough, HPT can derive some income even as hotels struggle. Hospitality Properties stock has not seen a significant drop since the 2008 financial crisis. Like most stocks, it rose above 2009 lows. However, HPT stock has traded in a range since 2011. As such, buyers will probably not want to buy HPT hoping for stock-price growth. But what it doesn't offer in stock appreciation it makes up for in dividend payments. Other than a temporary dividend cut in one quarter, this Newton, Massachusetts-based REIT has raised its dividend every year since 2011. Last year, it paid a $2.12 per share in annual dividend. At today's stock price, this translates to a yield of just over 8%. HPT stock will probably offer little in the way of growth. However, with its high yield, rising dividend, it should continue to serve as a valuable income source to its investors for the foreseeable future. ### Marriott (MAR) Source: Shutterstock Although many will want the income generated by REITs, investors should not ignore Marriott (NYSE:MAR). The Bethesda, Maryland-based chain offers 1.3 million rooms on about 6,700 properties in 130 countries. The Ritz-Carlton, Courtyard, and Westin are among the 30 brands under the Marriott umbrella. MAR stock stands out as a hospitality stock by offering both growth potential and income. Its value has also steadily increased over the last 10 years. MAR fell in price for most of 2018. However, this allows new buyers to purchase MAR at 24% below its 52-week high. The 17.9 forward P/E ratio comes in lower than that of Hilton (NYSE:HLT), Hyatt (NYSE:H) and Wyndham (NYSE:WYND). Moreover, analysts expect 2018 profits to come in 41.1% higher than the net income reported in 2017. Although profit growth will probably pause in 2019, Wall Street predicts that double-digit growth will resume in 2020. * 10 F-Rated Stocks That Could Break Your Portfolio MAR stock also bests its peers regarding its cash payout. MAR pays a $1.64-per-share annual dividend that yields just over 1.4%. Also, while its peers have seen uneven dividend growth, Marriott has increased its payout for eight straight years. For investors wanting this dividend income, along with a track record of profit growth and a rising stock prices, none of the other non-REIT hotel stocks offer the combined growth and income potential that MAR stock will likely provide. ### MGM Growth Properties (MGP) Source: Jennifer Woddard Maderazo via Flickr Las Vegas-based MGM Growth Properties (NYSE:MGP) spun out in 2015 when MGM Resorts International (NYSE:MGM) separated its real estate assets from its operations. This REIT encompasses 10 properties located primarily in Las Vegas. The deal included iconic properties such as the Mirage, Mandalay Bay and the New York New York Casino. MGP handles only U.S. properties as the Chinese casino hotels remained under the MGM Resorts umbrella. MGP stock increased following its 2016 IPO. However, since September 2017 it has remained range-bound. Today it trades at just over $30 per share, a level it first reached in the summer of 2017. As it closes in on its record high, many investors wonder if it will finally break through or retreat. However, predicted growth surpasses that of most hotel stocks. Analysts predict profit growth for 2018 will come in at 38.8%. They believe that will slow to 18.3% in 2019. With these double-digit increases expected to continue for years to come, it should help justify the high multiple. MGP stock also stands out on the dividend front. This year's payout of $1.79 per share produces a yield exceeding 5.8%. Also, despite the short track record, it has increased the dividend every year since its inception. Given the profit growth, MGP stock should eventually break out of its range. Even if that takes more time than anticipated, new investors can earn a significant cash return while they wait. Between the payouts and the growth potential, MGP should compare well to other hotel stocks. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post 3 Hotel Stocks That Allow Investors to Rest Comfortably appeared first on InvestorPlace.
- Skift•13 days ago
Hilton CEO: ‘We’re Not Trying to Compete With Google, Amazon and Apple’
At a time when a number of travel and hospitality CEOs are increasingly concerned with the idea of who “owns” the customer — and are attempting to build extensive “experience platforms” to do just that — Hilton CEO Christopher Nassetta has a slightly different take on those efforts versus peers. Whereas AccorHotels CEO Sebastien Bazin and Marriott […] The post Hilton CEO: ‘We’re Not Trying to Compete With Google, Amazon and Apple’ appeared first on Skift.
- GlobeNewswire•17 days ago
Investor Expectations to Drive Momentum within Republic Services, Frontier Communications, ServiceMaster Global, NCR, Principal Financial Group, and Marriott International — Discovering Underlying Factors of Influence
NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
- ACCESSWIRE•17 days ago
FINAL NOTICE: Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Marriott International, Inc. and Encourages Investors to Contact the Firm – MAR
RADNOR, PA / ACCESSWIRE / January 30, 2019 / Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Marriott International, Inc. (''Marriott'' or the ''Company'') (NASDAQ: ...
- Bloomberg•17 days ago
Starwood Capital Seeks $500 Million to Chase Tax Break Criticized by Its CEO
Key InsightsThe real estate firm’s announcement ranks it among the largest investors seeking the tax benefit, but doesn’t make it the biggest. Earlier this month, Los Angeles-based CIM Group set out to raise $5 billion for projects in the zones. Starwood Chief Executive Officer Sternlicht has warned that the policy, tucked into Republicans’ 2017 federal tax overhaul, may distort the real estate market and fuel projects that fail to help the poor.
- ACCESSWIRE•17 days ago
FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Marriott International, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / January 30, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Marriott International, Inc. (''Marriott'' or ''the Company'') (NASDAQ: MAR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between November 9, 2016 and November 29, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before January 30, 2019.
