Marriott International (NASDAQ:MAR) Posts Earnings Results

Marriott International (NASDAQ:MAR) issued its earnings results on Monday. The company reported $3.02 EPS for the quarter, beating the consensus estimate of $2.84 by $0.18, FiscalAI reports. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $6.93 billion. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.47 EPS.

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

• Third-quarter results exceeded expectations, with global RevPAR up 6.5%, adjusted EBITDA up 12%, and adjusted diluted EPS up 22% to $3.02. Growth was broad-based, led by U.S. and Canada, luxury hotels, and APEC.
• Marriott raised its full-year 2026 outlook to 4.5%-5% global RevPAR growth and expects adjusted EBITDA to rise about 13%, with adjusted diluted EPS growth of 20%-21%. Capital returns to shareholders are now expected to total at least $4.8 billion.
• Development momentum remains strong, with the pipeline up more than 6% to a record 634,000 rooms and conversions accounting for over 40% of openings year to date. Marriott expects net rooms growth toward the low end of its 4.5%-5% target in 2026 and mid-single-digit growth over the next several years.
• Regional weakness remains concentrated in Greater China and the Middle East. Greater China RevPAR was roughly flat because of softer domestic leisure demand, while Middle East RevPAR fell 12% and is expected to decline more sharply in the fourth quarter due to difficult comparisons, canceled events, and ongoing geopolitical disruption.
• Marriott is investing heavily in technology and AI, including a property-management-system rollout that has reached more than 3,000 hotels, while continuing to deploy key money to win conversions. Management said investment spending will remain elevated, with 40%-45% of 2026 spending allocated to contract acquisition costs and 25%-30% to technology.

Marriott International Trading Up 4.3%

Marriott International stock opened at $416.30 on Tuesday. Marriott International has a 12 month low of $258.99 and a 12 month high of $433.30. The stock’s 50 day moving average is $361.40 and its 200-day moving average is $356.20. The company has a market capitalization of $108.56 billion, a price-to-earnings ratio of 43.14, a PEG ratio of 2.99 and a beta of 1.17.

Marriott International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 20th. Marriott International’s dividend payout ratio (DPR) is currently 30.26%.

Key Headlines Impacting Marriott International

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

• Positive Sentiment: Quarterly earnings beat expectations. Adjusted diluted EPS was $3.02, up from $2.47 a year earlier and above the roughly $2.84–$2.86 analyst consensus. Adjusted EBITDA reached $1.512 billion. Marriott International Reports Third Quarter 2026 Results
• Positive Sentiment: Hotel operating trends remained strong. Worldwide revenue per available room, or RevPAR, increased 6.5%, led by 7.4% growth in the U.S. and Canada and 4.4% internationally. Management cited broad-based demand, improved pricing and recovering travel in the Middle East. Marriott lifts annual room revenue growth forecast on resilient travel demand
• Positive Sentiment: Marriott raised its full-year outlook. The upgraded forecast reflects resilient travel demand, RevPAR growth and expectations for continued momentum into the fourth quarter, providing a near-term catalyst for MAR. Marriott Lifts FY26 Outlook After Higher Q3
• Positive Sentiment: Expansion and shareholder returns support the longer-term outlook. Marriott added approximately 20,100 net rooms during the quarter, grew net rooms 4.6% year over year and ended the period with a record pipeline exceeding 634,000 rooms. Conversions accounted for more than 40% of year-to-date openings, while the company repurchased $1.3 billion of stock in the quarter. Marriott: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Valuation could limit additional upside. MAR is trading near its 52-week high with a reported price-to-earnings ratio above 43, meaning investors may require continued earnings beats and strong guidance execution to justify further gains.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MAR. Barclays boosted their price target on shares of Marriott International from $348.00 to $363.00 and gave the stock an “equal weight” rating in a research note on Friday, October 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Marriott International in a report on Friday, August 7th. Wolfe Research assumed coverage on shares of Marriott International in a research report on Wednesday, September 2nd. They set a “hold” rating for the company. UBS Group cut their price target on Marriott International from $412.00 to $395.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Finally, Wells Fargo & Company set a $463.00 price target on Marriott International in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $388.61.

Insider Activity

In other Marriott International news, insider David S. Marriott sold 3,500 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This trade represents a 1.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Deborah Harrison sold 3,500 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the transaction, the insider directly owned 282,383 shares of the company’s stock, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their position. The SEC filing for this sale provides additional information. 11.43% of the stock is owned by insiders.

Marriott International Company Profile

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.