What is Zacks Research’s Forecast for MAR Q3 Earnings?

Marriott International, Inc. (NASDAQ:MAR) – Equities researchers at Zacks Research raised their Q3 2026 EPS estimates for Marriott International in a research note issued on Wednesday, December 17th. Zacks Research analyst Team now forecasts that the company will post earnings of $2.66 per share for the quarter, up from their prior estimate of $2.65. The consensus estimate for Marriott International’s current full-year earnings is $10.10 per share. Zacks Research also issued estimates for Marriott International’s Q1 2027 earnings at $2.82 EPS, Q2 2027 earnings at $3.41 EPS and Q3 2027 earnings at $3.12 EPS.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.38 by $0.09. Marriott International had a negative return on equity of 89.29% and a net margin of 10.07%.The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $6.46 billion. Marriott International has set its Q4 2025 guidance at 2.540-2.620 EPS and its FY 2025 guidance at 9.980-10.060 EPS.

MAR has been the topic of a number of other research reports. Morgan Stanley dropped their price target on shares of Marriott International from $302.00 to $296.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. BMO Capital Markets boosted their target price on shares of Marriott International from $280.00 to $285.00 and gave the company a “market perform” rating in a report on Wednesday, November 5th. The Goldman Sachs Group upgraded Marriott International from a “neutral” rating to a “buy” rating and increased their price target for the stock from $288.00 to $345.00 in a report on Monday, December 15th. Barclays boosted their price objective on Marriott International from $274.00 to $276.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Robert W. Baird decreased their target price on Marriott International from $287.00 to $285.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $297.00.

Marriott International Price Performance

Shares of MAR stock opened at $310.16 on Friday. The stock has a market capitalization of $83.23 billion, a PE ratio of 32.75, a PEG ratio of 2.96 and a beta of 1.16. The business’s 50 day simple moving average is $285.23 and its 200 day simple moving average is $273.60. Marriott International has a one year low of $205.40 and a one year high of $311.69.

Marriott International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, November 20th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Marriott International’s dividend payout ratio is 28.30%.

Insider Transactions at Marriott International

In other news, insider Deborah Marriott Harrison sold 70,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $291.63, for a total transaction of $20,414,100.00. Following the completion of the sale, the insider owned 175,210 shares in the company, valued at $51,096,492.30. The trade was a 28.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Felitia Lee sold 1,617 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $305.98, for a total value of $494,769.66. Following the completion of the transaction, the chief accounting officer owned 4,893 shares in the company, valued at approximately $1,497,160.14. This represents a 24.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 88,289 shares of company stock valued at $25,669,425. Company insiders own 10.68% of the company’s stock.

Institutional Trading of Marriott International

Several institutional investors have recently made changes to their positions in the company. Catalyst Financial Partners LLC boosted its stake in Marriott International by 3.3% in the third quarter. Catalyst Financial Partners LLC now owns 1,104 shares of the company’s stock valued at $288,000 after acquiring an additional 35 shares during the last quarter. Pallas Capital Advisors LLC lifted its stake in Marriott International by 0.4% in the second quarter. Pallas Capital Advisors LLC now owns 8,649 shares of the company’s stock valued at $2,363,000 after purchasing an additional 37 shares during the last quarter. Lazari Capital Management Inc. increased its position in Marriott International by 1.6% in the third quarter. Lazari Capital Management Inc. now owns 2,356 shares of the company’s stock worth $614,000 after buying an additional 37 shares during the last quarter. L2 Asset Management LLC lifted its position in shares of Marriott International by 4.0% during the 2nd quarter. L2 Asset Management LLC now owns 996 shares of the company’s stock valued at $272,000 after buying an additional 38 shares during the last quarter. Finally, CreativeOne Wealth LLC raised its stake in Marriott International by 2.1% in the 1st quarter. CreativeOne Wealth LLC now owns 1,831 shares of the company’s stock valued at $436,000 after acquiring an additional 38 shares during the period. Institutional investors own 70.70% of the company’s stock.

Trending Headlines about Marriott International

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

• Positive Sentiment: Zacks Research nudged several near-term EPS estimates slightly higher (Q3 2026, Q2 2027, Q3 2027), signaling incremental upside to the company’s earnings trajectory and supporting investor confidence in the recovery/organic growth. (Zacks estimates)
• Positive Sentiment: Marriott continues to expand its pipeline and premium footprint: agreement to bring EDITION to Cape Town’s V&A Waterfront (adds a high-profile, luxury asset that can lift RevPAR in a key gateway market). Marriott International and V&A Waterfront Holdings Announce Agreement to Bring EDITION to Cape Town’s Iconic Waterfront
• Positive Sentiment: Operational growth and rebranding at a flagship: JW Marriott Las Vegas and Rampart Casino will rebrand as The Resort at Summerlin after a $75M renovation—a move that should support premium positioning and future ADR gains. JW Marriott Las Vegas and Rampart Casino Announce Property-Wide Rebrand
• Positive Sentiment: Franchise expansion indicators: Marriott hit 100 signings for its City Express brand in the U.S. and Canada and debuted a Fairfield in Mactan—evidence of steady development momentum that should contribute to fee-based and franchise revenue over time. Marriott Reaches 100 Signings for City Express Hotels Marriott debuts Fairfield brand in Mactan
• Positive Sentiment: Zacks highlighted Marriott among “stocks to watch” near all-time highs, reinforcing momentum narrative that can attract momentum/inflow buying. 3 Stocks to Watch Near All-Time Highs: COF, MAR, TSLA
• Neutral Sentiment: Analyst consensus remains constructive (average “Moderate Buy”), but opinions are mixed—this supports demand while keeping upside tied to execution. Marriott International, Inc. (NASDAQ:MAR) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Barclays raised its price target to $276 — a revision in analyst view but a target below recent market levels, so the move is mixed in implications for near-term upside. Barclays Raises Marriott International (NASDAQ:MAR) Price Target to $276.00
• Negative Sentiment: Legal/environmental risk: Kenya’s environment court will revisit a claim that the Ritz-Carlton Maasai Mara camp (operated by Marriott) may be impacting wildebeest migration routes. A court-ordered review or restrictions could hit operations, reputation, and luxury pricing at a high-ADR asset. Kenya’s environment court to consider a claim that a lux safari camp was harming wildebeests routes

About Marriott International

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.