MAR - Marriott International, Inc.
| Previous Close | 130.20 |
| Open | 131.58 |
| Bid | 130.39 x 800 |
| Ask | 130.42 x 1100 |
| Day's Range | 129.71 - 131.65 |
| 52 Week Range | 100.62 - 144.24 |
| Volume | 301,933 |
| Avg. Volume | 1,646,704 |
| Market Cap | 42.883B |
| Beta (3Y Monthly) | 1.21 |
| PE Ratio (TTM) | 31.41 |
| EPS (TTM) | 4.14 |
| Earnings Date | Nov 4, 2019 - Nov 8, 2019 |
| Forward Dividend & Yield | 1.78 (1.36%) |
| Ex-Dividend Date | 2019-08-21 |
| 1y Target Est | 140.35 |
- Skift
5 Luxury Takeaways From the Latest Hotel Earnings Season
The big hotel companies love brands. They love buying them, and they love creating them. It enables them to grow market share by cornering new parts of the market that their existing brands supposedly don't cover, and the luxury segment remains an important battleground. In their own way, each of the leading hotel companies that […]The post 5 Luxury Takeaways From the Latest Hotel Earnings Season appeared first on Skift.
- American City Business Journals
Nashville tech firm lands $50 million investment from big-name hotels
Some of the world's largest hotel brands are betting big on an Nashville tech startup founded by former Gaylord Entertainment executives. Groups360 has closed on a $50 million investment by hospitality companies Accor, Hilton, InterContinental Hotels Group and Marriott International, the company announced Monday As a result of the deal, each investor will receive a seat on Groups360’s board of directors, according to a news release. Groups360, which helps large groups find and book hotel rooms and event space, lists more than 170,000 hotels in 225 countries on its platform.
- Moody's
Ashford Hospitality Trust 2018-KEYS -- Moody's affirms seven CMBS classes of AHT 2018-KEYS
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio and Moody's stressed debt service coverage ratio (DSCR), are within acceptable ranges. The rating on the IO class was affirmed based on the credit quality of the referenced classes.
- Skift
Marriott, IHG, Accor and Hilton Invest in Meetings Booking Platform
The event technology landscape has seen major consolidation in recent years, led by Cvent as it scales up to retain its position as the industry leader. Global hotel chains, which have long-neglected an embrace of event space booking technology on their own terms, have made a new investment with major ramifications for meeting planners and […]The post Marriott, IHG, Accor and Hilton Invest in Meetings Booking Platform appeared first on Skift.
- Simply Wall St.
Should You Buy Marriott International, Inc. (NASDAQ:MAR) For Its Upcoming Dividend In 3 Days?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Skift
Marriott to Introduce Dynamic Pricing for Bonvoy Award Bookings
Marriott is set to make significant changes to the way that its Bonvoy loyalty members pay for award nights with points. Starting in September, the program will move to a dynamic model that prices awards across three tiers as a function of demand. In the peak season or when a hotel is otherwise busy, members […]The post Marriott to Introduce Dynamic Pricing for Bonvoy Award Bookings appeared first on Skift.
- Yahoo Finance
Hong Kong protests could have an even bigger impact on markets than US-China trade
As demonstrations in Hong Kong enter their 11th week, a political crisis triggered by opposition to an extradition bill is threatening to become an economic one for Asia’s financial hub.
- Zacks
Hyatt (H) Relies on Unit Expansion to Counter Competition
Hyatt's (H) differentiated brand portfolio, strong expansion plans and acquisition strategies are likely to spur growth in a competitive environment.
- American City Business Journals
Marriott Wardman Park hotel selects new general manager
Marriott now has a fresh face atop the chain of command at each of its largest hotels in Greater Washington.
- American City Business Journals
EDITION Tampa, Water Street’s boutique hotel topped with luxury condos, breaks ground
EDITION Tampa, the boutique hotel topped with luxury condos in Water Street Tampa, has officially broken ground. Strategic Property Partners, the developer of Water Street, said Wednesday that the 27-story EDITION — which includes 172 guest rooms and 37 condos — is under construction across the street from Amalie Arena, at the northwest corner of Channelside Drive and Water Street. It is slated to open in spring 2021. The condos — the first hotel-branded condos in Tampa and the third EDITION branded condos in the U.S. — will be on floors 10 through 27. “The Residences at The Tampa EDITION will be world-class listings that set a new standard for luxury throughout the region, with spectacular views, gracious layouts including extensive private balconies that extend every unit to the view, and a full suite of amenities and services available on site — all within one of the most exciting neighborhoods in Tampa," Bob Glaser, president and CEO of Smith & Associates, said in a statement.
- American City Business Journals
Go inside: Current, Tampa's new luxury boutique hotel, opens soon on Rocky Point (Photos)
The rooftop lounge showcases a panorama of downtown Tampa and downtown St. Pete, air traffic at Tampa International Airport and the Howard Frankland Bridge on Interstate 275.
- American City Business Journals
Hotel companies, lodging REITs feel pinch of ongoing trade war
Several of the region’s hoteliers and hotel property owners are trying to temper investors’ expectations for the remainder of the year.
- Simply Wall St.
Don't Sell Marriott International, Inc. (NASDAQ:MAR) Before You Read This
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
- Skift
Don’t Expect Marriott’s Homesharing Business to Compete With Airbnb Just Yet
Marriott knows two things for certain about its homesharing business launched back in April: The offering is still tiny compared to market rivals, and Marriott Bonvoy, the industry’s largest loyalty offering at 133 million users, will likely be the catalyst for its growth. Yet the hotelier does not have any idea how large the ancillary […]The post Don't Expect Marriott's Homesharing Business to Compete With Airbnb Just Yet appeared first on Skift.
- Kiplinger
Earnings Reports for the Week of Aug. 12-17 (BABA, CGC, WMT)
Check out our weekly earnings calendar and read the latest quarterly earnings previews.
- American City Business Journals
FiDi project drops condos, adds more hotel rooms
The company behind a major Financial District redevelopment is making tweaks in a bid to ride the city's strengthening hospitality wave. The project at 447 Battery St., originally proposed in 2016 to include both condos and hotel rooms, will now be exclusively a 198-room hotel. The shift was prompted by the decision to maintain the original structure on the property — a three-story brick building occupied by Cort Furniture Rentals on the ground floor — and resulted in the loss of eight condominium units initially included in the design.
- PR Newswire
Marriott International Declares Quarterly Cash Dividend
BETHESDA, Md. , Aug. 8, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today announced that its board of directors declared a quarterly cash dividend of 48 cents per share of common stock. ...
Motley FoolHost Hotels & Resorts Inc (HST) Q2 2019 Earnings Call Transcript
HST earnings call for the period ending June 30, 2019.
- American City Business Journals
Ritz-Carlton in Paradise Valley sets opening date
The high-end resort operator said it will open its latest Arizona property in Paradise Valley next year.
- PR Newswire
Aloft Hotels Brings Music Makers Back To Their Roots With The First-Ever "Live At Aloft Hotels Homecoming Tour" Featuring Troye Sivan, BANKS, Dermot Kennedy, NJOMZA And Mala Rodriguez
BETHESDA, Md., Aug. 7, 2019 /PRNewswire/ -- Some of the hottest names in music will be returning to their hometowns for free live music performances for fans as part of the Live at Aloft Hotels Homecoming Tour. Aloft Hotels, Marriott International's brand for music lovers and music makers, and Universal Music Group & Brands (UMGB), the brand partnership division of Universal Music Group, have joined together for a special tour thanking the fans for helping to launch the careers of some of today's most talked-about artists. With its long-standing live music program Live at Aloft Hotels, the Homecoming Tour is Aloft's way of continuing to support the artist community by taking musicians back to the locations that made them who they are today, as well as giving the fans that supported them from the beginning a chance to reconnect with their hometown headliners in an intimate setting.
- Zacks
Extended Stay (STAY) Q2 Earnings Miss, Revenues Top Estimates
Extended Stay's (STAY) second-quarter 2019 earnings decline due to dismal comparable system-wide RevPAR as well as rise in comparable company-owned hotel operating expenses.
- Motley Fool
Marriott International Inc (New) (MAR) Q2 2019 Earnings Call Transcript
MAR earnings call for the period ending August 5, 2019.
- GuruFocus.com
Wall Street Advances on Tuesday
Marriott International declines on quarterly results Continue reading...
- Skift
Marriott’s Growth in China Helps Buck New Industry Trend
Marriott International is faring better than its industry rivals in the increasingly important Chinese market, thanks to its Alibaba partnership and expanding market portfolio in the country. While U.S. hotel chains Hyatt and Hilton, and Paris-based Accor reported declines in revenue per available room growth (RevPAR) in China in the second quarter, due to ongoing […]The post Marriott's Growth in China Helps Buck New Industry Trend appeared first on Skift.
- InvestorPlace
4 Cybersecurity Stocks to Buy for Long-Term Gains
Another day, another hack … another reason to buy cybersecurity stocks.Source: Shutterstock I've been saying that for a few years now, and over the past three years, cybersecurity stocks have indeed roared higher. The First Trust Cybersecurity ETF (NASDAQ:CIBR) is up over 65% over the past three years. The S&P 500 is up just 38% over that same stretch.Why the huge out-performance in cybersecurity stocks? Because -- drawing back to the opening statement -- data hacks have simply kept happening … all the time … everywhere.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn 2016, personal and financial information on hundreds of millions of accounts were compromised thanks to data breaches at Adult Friend Finder, Yahoo and Uber (NYSE:UBER). In 2017, it was Equifax (NYSE:EFX) and Verizon (NASDAQ:VZ) that were hit hard by data breaches which similarly exposed information on hundreds of millions of accounts. Marriott (NASDAQ:MAR), Twitter (NYSE:TWTR), Under Armour (NYSE:UAA) and Chegg (NASDAQ:CHGG) were big hack victims in 2018. In 2019, the headline hack so far has been the Capital One (NYSE:COF) data breach, which exposed info on more than 100 million Capital One customers.As these hacks have kept happening, enterprises have increasingly doubled down on cybersecurity solutions, spending an arm and a leg on cybersecurity to make sure they protect customer info and data, which, for what it's worth, is an increasingly valuable asset in today's data economy.As such, the saying still rings true today. Another day, another hack, another reason to buy cybersecurity stocks. So long as this saying remains true, cybersecurity companies will stay in rally mode. * 10 Stocks to Buy on the Trade War Dip With that in mind, let's take a look at four cybersecurity stocks to buy to play this secular growth trend. Palo Alto Networks (PANW)Source: Shutterstock At the top of this list of cybersecurity stocks to buy, we have global cybersecurity leader, Palo Alto Networks (NASDAQ:PANW).The saying "another day, another hack, another reason to buy cybersecurity stocks" could easily be substituted for the saying "another day, another hack, another reason to buy PANW stock".Palo Alto Networks is that big, that dominant, and that good.This company has been the leader of the cybersecurity industry for a long time. It has a long track record of 20%-plus revenue growth, and actually grew revenues at a 40% compounded annual growth rate between 2014 and 2018. It has an equally long and robust track record of customer growth, going from 4,000 customers at the end of 2011, to 54,000 customers by the end of 2018.At the same time, the business model is highly attractive. It's a software business, so gross margins are sky high. Above 75% to be exact. The opex rate has dropped consistently with scale, and operating margins have climbed from 11% in 2014, to above 20% last year. Further, the business generates a lot of cash because capex is so low, with 40%-plus free cash flow margins.Going forward, Palo Alto Network reasonably projects as a 15%-plus revenue grower with favorable margin drivers. That should drive somewhere between 20% and 25% profit growth over the next few years, which puts 2025 earnings-per-share somewhere around $16. Based on a software average multiple of 25-times forward earnings, that implies a long-term price target for PANW stock of $400, substantially higher than today's price tag.All in all, then, PANW stock looks like a solid long-term investment at current levels. Okta (OKTA)Next up, we have hyper-growth cybersecurity company Okta (NASDAQ:OKTA), whose unique approach to the cybersecurity problem has gained tremendous traction over the past few years.Okta has developed what it calls the Identity Cloud, which is essentially just a cloud-based cybersecurity solution that puts individual identity at the core of the solution. In so doing, Okta's solutions enable individuals in enterprises to seamlessly and securely adopt any new software, since the security is based on the individual identity, which doesn't change from app to app.This unique approach to cybersecurity has gained tremendous traction recently. Okta has consequently posted 50%-plus revenue growth rates in each of the past several quarters, alongside 30%-plus customer growth. Much like Palo Alto Networks, Okta also employs a highly attractive software business model which runs at 70%-plus gross margins. Revenue scale has also sparked continued and significant operating leverage.All in all, Okta has all the right ingredients for huge profit growth over the next few years as sustained big revenue growth drives significant operating leverage on top of huge gross margins, creating a visible pathway toward big operating margins on big revenues one day.From this perspective, I think this company could easily be a $5 billion-plus revenue business one day, with operating margins of 30% or higher. That combination could realistically output around $10 in EPS. Based on a 25 forward multiple, that equates to a long-term price target of $250. * 7 Stocks the Insiders Are Buying on Sale To be sure, it will take a while for Okta to get there. But, the long-term upside here is nonetheless compelling. Proofpoint (PFPT)Another cybersecurity name to buy for the long haul is Proofpoint (NASDAQ:PFPT).The narrative at Proofpoint is very healthy. Proofpoint is the leader in email security. Email is the No. 1 channel through which personal hacks happen. Yet, email security spend accounts for a very small piece of the total IT security spend. This disconnect implies secular growth potential in email security spend. Most of that spend will find its way into Proofpoint. As such, Proofpoint projects as a big revenue growth company for as long as cyber and email security tailwinds remain vigorous.The numbers here corroborate the healthy growth narrative. Proofpoint has grown SaaS revenues at a 35% compounded annual growth rate from 2012 to 2019 (projected). At the time of the company's IPO in 2012, Proofpoint had just 2,400 customers, only 2% of whom subscribed to three or more products. Today, the company has 6,100 customers (nearly triple), about half of whom subscribe to three or more products. Thus, Proofpoint has shown an impressive ability to both expand its market and cross-sell its current customers.On top of all this, Proofpoint -- like many of its cybersecurity peers -- operates at sky high 75%-plus gross margins, and has a rapidly retreating opex rate that is falling steadily with increasing scale.These dynamics will persist given secular tailwinds. As such, you're looking at a ~20% revenue growth company over the next several years, with considerable margin drivers. That should produce around 25-30% profit growth, which means EPS could get to around $7 by 2025. Based on a software average 25-times forward multiple, that equates to a 2024 price target of $175, which represents substantial upside from toady's levels. Splunk (SPLK)Source: Web Summit Via FlickrLast, but not least, on this list of cybersecurity stocks to buy is Splunk (NASDAQ:SPLK).Unlike the other companies on this list, Splunk is not inherently a cybersecurity company. Splunk is a data company first. Specifically, Splunk specializes in taking machine data, and turning that data into actionable insights for enterprises. This is a huge and growing business. Data is only becoming more abundant, more important, and more useful. Splunk is enabling companies to glean the most out of all this data, and in so doing, is providing a very necessary and valuable service in today's data economy.The volume of data globally will only continue to grow over the next several years. The usefulness of that data will also only continue to grow. As such, companies will continue to spend big on services like Splunk to produce valuable insights from that data.On the cybersecurity front, Splunk is relatively new to the cybersecurity game. But, the plunge into the market makes sense. Splunk has all this data, which it can easily leverage to produce data-driven cybersecurity solutions. That's exactly what it is doing. And with great success. Splunk continues to add several customers to its security business, with the most recent notable add being Slack (NYSE:WORK).Given its multi-faceted secular growth tailwinds, Splunk has been a 25%-plus revenue growth company for the past several years. Those same tailwinds will remain in play for the foreseeable future. As such, this company reasonably projects as a 20% sales grower over the next few years. Gross margins are high (above 80%), and operating margins will continue to move meaningfully higher as big revenue growth persists. * 10 Cyclical Stocks to Buy (or Sell) Now Net net, Splunk projects as 25-30% profit grower over the next few years. That profit growth trajectory makes $8 in EPS seem doable by 2025. Based on a 25-forward multiple, that implies a 2024 price target of $200.As of this writing, Luke Lango was long UBER, CHGG, PANW, OKTA and SPLK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cyclical Stocks to Buy (or Sell) Now * 7 Biotech ETFs That Should Remain Healthy * 7 of the Hottest AI Stocks to Buy Now The post 4 Cybersecurity Stocks to Buy for Long-Term Gains appeared first on InvestorPlace.
