Marriott International, Inc. (NASDAQ:MAR) Plans $0.73 Quarterly Dividend

Marriott International, Inc. (NASDAQ:MAR) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Thursday, August 20th will be paid a dividend of 0.73 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th.

Marriott International has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Marriott International has a dividend payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Marriott International to earn $13.34 per share next year, which means the company should continue to be able to cover its $2.92 annual dividend with an expected future payout ratio of 21.9%.

Marriott International Trading Down 1.0%

NASDAQ MAR traded down $3.48 during trading on Friday, hitting $356.19. The company had a trading volume of 750,129 shares, compared to its average volume of 1,579,870. The company’s fifty day moving average is $377.49 and its 200-day moving average is $355.25. The company has a market cap of $92.88 billion, a price-to-earnings ratio of 36.92, a price-to-earnings-growth ratio of 2.80 and a beta of 1.10. Marriott International has a one year low of $256.49 and a one year high of $410.98.

Marriott International (NASDAQ:MAR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.11. Marriott International had a net margin of 9.62% and a negative return on equity of 75.81%. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same quarter in the previous year, the company earned $2.65 earnings per share. Marriott International’s quarterly revenue was up 4.8% on a year-over-year basis. Marriott International has set its FY 2026 guidance at 11.640-11.810 EPS and its Q3 2026 guidance at 2.740-2.820 EPS. As a group, equities analysts anticipate that Marriott International will post 11.7 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Mizuho decreased their target price on Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research report on Tuesday. Susquehanna raised their price objective on Marriott International from $280.00 to $385.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. TD Cowen upped their target price on shares of Marriott International from $410.00 to $420.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their price objective on shares of Marriott International from $387.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, Morgan Stanley boosted their target price on Marriott International from $353.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.65.

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.