Barclays Issues Pessimistic Forecast for Marriott International (NASDAQ:MAR) Stock Price

Marriott International (NASDAQ:MAR) had its price objective reduced by stock analysts at Barclays from $276.00 to $262.00 in a report released on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective would indicate a potential downside of 2.08% from the stock’s previous close.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. assumed coverage on shares of Marriott International in a research report on Monday, June 23rd. They issued a “neutral” rating and a $284.00 target price on the stock. BMO Capital Markets dropped their target price on shares of Marriott International from $285.00 to $280.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Robert W. Baird lifted their target price on shares of Marriott International from $285.00 to $287.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Finally, Truist Financial lifted their target price on shares of Marriott International from $273.00 to $278.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $282.63.

Marriott International Stock Performance

MAR opened at $267.57 on Friday. The company has a fifty day moving average of $265.31 and a two-hundred day moving average of $258.31. Marriott International has a fifty-two week low of $205.40 and a fifty-two week high of $307.52. The stock has a market capitalization of $72.63 billion, a price-to-earnings ratio of 30.17, a PEG ratio of 2.64 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last announced its earnings results on Tuesday, August 5th. The company reported $2.65 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.65. Marriott International had a net margin of 9.60% and a negative return on equity of 93.44%. The business had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the business earned $2.50 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. Marriott International has set its FY 2025 guidance at 9.850-10.080 EPS. Q3 2025 guidance at 2.310-2.390 EPS. On average, equities research analysts forecast that Marriott International will post 10.1 earnings per share for the current year.

Marriott International declared that its board has authorized a stock repurchase plan on Thursday, August 7th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Marriott International

Several institutional investors and hedge funds have recently bought and sold shares of MAR. Brighton Jones LLC boosted its holdings 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. NBC Securities Inc. boosted its holdings in Marriott International by 53,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,614 shares of the company’s stock valued at $384,000 after purchasing an additional 1,611 shares during the last quarter. Merit Financial Group LLC boosted its holdings in Marriott International by 33.1% in the 1st quarter. Merit Financial Group LLC now owns 5,587 shares of the company’s stock valued at $1,331,000 after purchasing an additional 1,390 shares during the last quarter. Pitti Group Wealth Management LLC boosted its holdings in Marriott International by 2.8% in the 1st quarter. Pitti Group Wealth Management LLC now owns 2,457 shares of the company’s stock valued at $585,000 after purchasing an additional 67 shares during the last quarter. Finally, Constitution Capital LLC boosted its holdings in Marriott International by 81.8% in the 1st quarter. Constitution Capital LLC now owns 2,000 shares of the company’s stock valued at $476,000 after purchasing an additional 900 shares during the last quarter. 70.70% of the stock is currently owned by institutional investors and hedge funds.

Marriott International Company Profile

Marriott International, Inc engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St.