Marriott International, Inc (NASDAQ: MAR) is 23.62% higher on its value in year-to-date trading and has touched a low of $200.94 and a high of $289.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MAR stock was last observed hovering at around $282.02 in the last trading session, with the day’s loss setting it -3.24%.
Currently trading at $278.78, the stock is 3.40% and 8.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -1.15% at the moment leaves the stock 14.49% off its SMA200. MAR registered 38.58% gain for a year compared to 6-month gain of 17.27%. The firm has a 50-day simple moving average (SMA 50) of $256.5922 and a 200-day simple moving average (SMA200) of $243.49615.
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The stock witnessed a 5.37% loss in the last 1 month and extending the period to 3 months gives it a 23.82%, and is -0.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.82% over the month.
Marriott International, Inc (MAR) has around 411000 employees, a market worth around $76.58B and $24.77B in sales. Current P/E ratio is 29.15 and Fwd P/E is 26.27. Profit margin for the company is 11.18%. Distance from 52-week low is 38.74% and -3.55% from its 52-week high. The company has generated returns on investments over the last 12 months (24.98%).
with sales reaching $6.36B over the same period.The EPS is expected to shrink by -7.25% this year, but quarterly earnings will post 5.77% year-over-year. Quarterly sales are estimated to grow 4.39% in year-over-year returns.
Marriott International, Inc (MAR) Top Institutional Holders
1833.0 institutions hold shares in Marriott International, Inc (MAR), with institutional investors hold 74.84% of the company’s shares. The shares outstanding are 290.54M, and float is at 243.69M with Short Float at 2.00%. Institutions hold 61.19% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.4 million shares valued at $4.93 billion. The investor’s holdings represent 7.0253% of the MAR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.18 million shares valued at $3.67 billion to account for 5.2266 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.59 million shares representing 3.3012% and valued at over $2.32 billion, while JPMORGAN CHASE & CO holds 2.7978 of the shares totaling 8.12 million with a market value of $1.96 billion.
Marriott International, Inc (MAR) Insider Activity
The most recent transaction is an insider sale by Capuano Anthony, the company’s President & CEO. SEC filings show that Capuano Anthony sold 8,332 shares of the company’s common stock on Nov 12 ’24 at a price of $284.49 per share for a total of $2.37 million. Following the sale, the insider now owns 0.11 million shares.
Marriott International, Inc disclosed in a document filed with the SEC on Nov 11 ’24 that Oberg Kathleen K. (EVP & CFO) sold a total of 2,360 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $285.41 per share for $0.67 million. Following the transaction, the insider now directly holds 39726.0 shares of the MAR stock.
Still, SEC filings show that on Nov 08 ’24, Brown William P (Group Pres., US and Canada) disposed off 2,037 shares at an average price of $278.74 for $0.57 million. The insider now directly holds 22,059 shares of Marriott International, Inc (MAR).
