Marriott International (NASDAQ:MAR) Posts Earnings Results

Marriott International (NASDAQ:MAR) posted its quarterly earnings data on Monday. The company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.11, FiscalAI reports. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Marriott International had a negative return on equity of 80.97% and a net margin of 9.72%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.65 earnings per share. Marriott International updated its FY 2026 guidance to 11.640-11.810 EPS and its Q3 2026 guidance to 2.740-2.820 EPS.

Here are the key takeaways from Marriott International’s conference call:

• Strong second-quarter performance: Global RevPAR increased 3.4%, while adjusted EBITDA rose 13% and adjusted diluted EPS grew 20% to $3.19. Marriott raised its full-year 2026 global RevPAR growth outlook to 3%-3.5%.
• Middle East conflict remains a major headwind: Middle East RevPAR fell 43% in the quarter, weighing on EMEA results, and the region is expected to have a larger impact in the fourth quarter due to difficult comparisons and its peak tourism season.
• Development momentum remains robust: Marriott reported record first-half signings, a pipeline of approximately 629,000 rooms, and 4.5% net rooms growth over the past year. Conversions represented 34% of signings and 40% of openings, supporting expected mid-single-digit growth over the next several years.
• New U.S. co-branded card agreements should expand fee revenue: The Chase and American Express deals are expected to contribute about $30 million in incremental 2026 fees, with the annual benefit potentially reaching $100 million-$125 million by 2028 as new card products and benefits roll out.
• Higher investment spending and owner support will pressure near-term expenses: 2026 investment spending was raised to $1.25 billion-$1.35 billion, while Marriott will fund new owner incentives and absorb costs related to renovations, litigation, and a slower Marriott Media Network ramp-up.

Marriott International Stock Down 7.0%

Shares of NASDAQ:MAR opened at $346.83 on Tuesday. The company has a market cap of $91.46 billion, a PE ratio of 36.39, a P/E/G ratio of 2.92 and a beta of 1.10. Marriott International has a fifty-two week low of $255.27 and a fifty-two week high of $410.98. The firm has a 50-day simple moving average of $379.07 and a 200 day simple moving average of $354.58.

Marriott International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, May 22nd. This is an increase from Marriott International’s previous quarterly dividend of $0.67. Marriott International’s payout ratio is 30.64%.

Key Stories Impacting Marriott International

Here are the key news stories impacting Marriott International this week:

• Positive Sentiment: Marriott reported adjusted diluted EPS of $3.19, ahead of the roughly $3.06–$3.08 analyst consensus and up from $2.65 a year earlier. Worldwide comparable RevPAR increased 3.4%, led by 5.0% growth in the U.S. and Canada. Marriott International Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its full-year 2026 adjusted EPS outlook to $11.64–$11.81, above the prior range and broadly above consensus expectations. It also increased its annual room-revenue growth outlook, supported by higher hotel prices, fee growth and continued room expansion.
• Positive Sentiment: Marriott added approximately 17,900 net rooms during the quarter, grew net rooms 4.5% year over year and reached a record development pipeline of about 629,000 rooms. The company also repurchased $1.1 billion of stock in the quarter. Quarterly Results Release
• Neutral Sentiment: Marriott began rolling out Ask Bonvoy, an AI-powered conversational search tool on Marriott.com and the Bonvoy app, intended to improve customer engagement and drive more direct bookings. Marriott Adds AI-Powered Conversational Search Tool
• Negative Sentiment: International comparable RevPAR declined 0.5%, with the Middle East conflict significantly weighing on travel demand and sales. The weakness overshadowed stronger U.S. performance and raised concerns about the pace of global recovery. Marriott Says Middle East Conflict Weighed on 2Q Sales
• Negative Sentiment: Third-quarter adjusted EPS guidance of $2.74–$2.82 fell short of the approximately $2.88 consensus estimate, suggesting near-term earnings momentum may be weaker than investors expected. Marriott’s strong results and valuation had already set a high bar.
• Negative Sentiment: Reported revenue growth and international demand were viewed as insufficient to support the stock’s premium valuation. Ongoing insider selling and uncertainty surrounding the renegotiation of Marriott’s U.S. co-branded credit-card arrangements add further investor caution.

Insider Buying and Selling

In other news, EVP Peggy Roe sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $361.56, for a total transaction of $1,084,680.00. Following the completion of the transaction, the executive vice president directly owned 19,827 shares of the company’s stock, valued at approximately $7,168,650.12. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.43% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MAR. Brighton Jones LLC lifted its position in Marriott International by 2.5% in the 4th quarter. Brighton Jones LLC now owns 8,887 shares of the company’s stock valued at $2,479,000 after purchasing an additional 218 shares during the last quarter. Empowered Funds LLC grew its position in Marriott International by 39.1% in the 1st quarter. Empowered Funds LLC now owns 5,805 shares of the company’s stock worth $1,383,000 after purchasing an additional 1,631 shares during the last quarter. Woodline Partners LP boosted its position in Marriott International by 39.6% during the 1st quarter. Woodline Partners LP now owns 19,332 shares of the company’s stock worth $4,605,000 after acquiring an additional 5,480 shares during the period. Intech Investment Management LLC increased its holdings in shares of Marriott International by 21.8% during the first quarter. Intech Investment Management LLC now owns 6,035 shares of the company’s stock valued at $1,438,000 after purchasing an additional 1,079 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Marriott International by 3.8% during the second quarter. Sei Investments Co. now owns 137,329 shares of the company’s stock valued at $37,520,000 after purchasing an additional 5,007 shares in the last quarter. 70.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on MAR shares. Robert W. Baird lowered their price target on Marriott International from $394.00 to $393.00 and set a “neutral” rating for the company in a report on Tuesday. Sanford C. Bernstein set a $412.00 price target on shares of Marriott International in a research report on Monday, June 15th. Morgan Stanley lifted their price target on shares of Marriott International from $353.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, July 17th. BMO Capital Markets decreased their price objective on shares of Marriott International from $410.00 to $395.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Marriott International in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $388.65.

Marriott International Company Profile

Marriott International is a global lodging company that develops, manages and franchises a broad portfolio of hotels and related lodging facilities. Its core activities include hotel and resort management, franchise operations, property development and the provision of centralized services such as reservations, marketing and loyalty program management. The company’s brand architecture spans market segments from luxury and premium to select-service and extended-stay, enabling it to serve a wide range of business and leisure travelers as well as corporate and group customers.

The company traces its roots to the hospitality business founded by J.