Marriott International (MAR) Given Media Impact Rating of 0.18
Media coverage about Marriott International (NASDAQ:MAR) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marriott International earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.4797059989684 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s analysis:
- Hotel Equities Selected To Operate New Fairfield Inn & Suites By Marriott Edmonton International Airport (hotelinteractive.com)
- Marriott Experiments With Homesharing (skift.com)
- W Hotels to drop original flagship hotel in New York City (king5.com)
- Now Marriott’s jumping on the homesharing bandwagon (hotelsmag.com)
- Marriott launches home-rental program (travelweekly.com)
Several equities analysts recently commented on the company. Royal Bank of Canada raised their target price on Marriott International to $159.00 and gave the stock an “outperform” rating in a research report on Monday, January 29th. ValuEngine upgraded Marriott International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Susquehanna Bancshares reiterated a “positive” rating and issued a $161.00 price objective (up previously from $145.00) on shares of Marriott International in a research report on Tuesday, February 13th. Deutsche Bank lifted their price objective on Marriott International from $136.00 to $141.00 and gave the company a “hold” rating in a research report on Friday, February 16th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $138.00 price objective on shares of Marriott International in a research report on Thursday. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $129.43.
Marriott International (NASDAQ:MAR) last released its earnings results on Wednesday, February 14th. The company reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.12. The company had revenue of $5.88 billion during the quarter, compared to analysts’ expectations of $5.61 billion. Marriott International had a return on equity of 36.15% and a net margin of 5.99%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $0.85 EPS. research analysts predict that Marriott International will post 5.33 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, February 23rd were paid a $0.33 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.32 annualized dividend and a dividend yield of 0.96%. Marriott International’s dividend payout ratio (DPR) is currently 30.28%.
In other news, insider Craig S. Smith sold 14,422 shares of Marriott International stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $140.80, for a total value of $2,030,617.60. Following the completion of the sale, the insider now directly owns 34,899 shares of the company’s stock, valued at approximately $4,913,779.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Susan C. Schwab bought 250 shares of the stock in a transaction dated Thursday, February 22nd. The stock was purchased at an average cost of $141.47 per share, with a total value of $35,367.50. The disclosure for this purchase can be found here. Insiders sold a total of 95,422 shares of company stock valued at $13,449,648 over the last three months. Insiders own 12.99% of the company’s stock.
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About Marriott International
Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.
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