Somewhat Positive News Coverage Somewhat Unlikely to Impact Marriott International (MAR) Stock Price

Headlines about Marriott International (NASDAQ:MAR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marriott International earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.1296650055262 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Accern’s scoring:

Marriott International (MAR) traded down $0.66 during trading on Tuesday, hitting $139.12. 2,403,421 shares of the stock were exchanged, compared to its average volume of 2,417,100. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.52 and a current ratio of 0.52. Marriott International has a one year low of $81.93 and a one year high of $140.26. The company has a market cap of $50,720.00, a P/E ratio of 37.80, a P/E/G ratio of 2.32 and a beta of 1.35.

Marriott International (NASDAQ:MAR) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.12. Marriott International had a net margin of 6.30% and a return on equity of 31.58%. The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.22 billion. During the same period last year, the firm posted $0.91 EPS. The company’s revenue for the quarter was up 43.7% on a year-over-year basis. equities analysts expect that Marriott International will post 4.24 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Wednesday, November 22nd were given a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $1.32 annualized dividend and a yield of 0.95%. Marriott International’s dividend payout ratio is presently 35.87%.

Marriott International announced that its Board of Directors has authorized a stock buyback plan on Thursday, November 9th that permits the company to repurchase 30,000,000 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

A number of equities analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Marriott International from $110.00 to $112.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. BidaskClub raised shares of Marriott International from a “buy” rating to a “strong-buy” rating in a report on Friday, September 22nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $115.00 price target (up from $98.00) on shares of Marriott International in a report on Wednesday, November 8th. Barclays raised their price target on shares of Marriott International from $105.00 to $130.00 and gave the company an “equal weight” rating in a report on Tuesday, November 28th. Finally, Zacks Investment Research raised shares of Marriott International from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $112.62.

In other Marriott International news, Director Eric Hippeau sold 4,863 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $125.98, for a total transaction of $612,640.74. Following the sale, the director now directly owns 34,245 shares in the company, valued at approximately $4,314,185.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bruce W. Duncan sold 1,808 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $129.70, for a total transaction of $234,497.60. Following the sale, the director now owns 40,008 shares in the company, valued at $5,189,037.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 221,825 shares of company stock worth $27,378,820. 11.32% of the stock is currently owned by insiders.

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About Marriott International

Marriott International, Inc (Marriott International) is a lodging company. Marriott International operates in three business segments: North American Full-Service, North American Limited-Service and International. Its North American Full-Service segment includes its Luxury and Premium brands (JW Marriott, Marriott Hotels, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Gaylord Hotels, and Tribute Portfolio) located in the United States and Canada.

Insider Buying and Selling by Quarter for Marriott International (NASDAQ:MAR)

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