Marriott Stock Quote: Investing in the Hospitality Giant

Marriott has a long history of growth and expansion, with a presence in over 130 countries worldwide. The company's global reach is a testament to its ability to adapt and innovate in a rapidly changing industry.

As of 2022, Marriott's market capitalization is over $50 billion, making it one of the largest hospitality companies in the world. This significant market presence is a key factor in the company's ability to attract investors.

Marriott's stock has historically been a stable investment option, with a relatively low volatility compared to other stocks in the industry. This stability is due in part to the company's diversified revenue streams and its ability to weather economic downturns.

Investors can access Marriott's stock through various major stock exchanges, including the NASDAQ and the New York Stock Exchange.

For more insights, see: Chart of Stock Market History

Marriott International's revenue has been steadily increasing, with a 17.63% growth from 2022 to 2023, reaching $6.30 billion in 2023.

The company's earnings have also seen significant growth, with a 30.75% increase from 2022 to 2023, reaching $3.08 billion.

Marriott International has reported revenues of $6.3 billion in the most recent quarter, marking the company's 14th consecutive quarter of year-over-year revenue growth.

Here's a breakdown of Marriott International's revenue growth over the past few years:

The company's revenue has consistently increased over the past few years, with a significant jump in 2023.

Marriott International's earnings per share have been falling on a year-over-year basis for 1 quarter in a row, with a recent quarter reporting earnings per share of $2.07.

Marriott's financial performance has been impressive, with a 17.63% increase in revenue in 2023 to $6.30 billion.

Their earnings also saw a significant boost, rising by 30.75% to $3.08 billion.

The company's revenue growth is a testament to its successful business strategies.

Marriott's stock price has been on the rise, with a 1.55% increase in the last month and a 9.00% increase over the past three months.

For more insights, see: What Mattresses Does Marriott Use?

The current share price is $288.05, which is a 1.55% increase from the previous month.

Their 52-week high was $295.45, while the 52-week low was $204.55.

Over the past year, Marriott's stock price has increased by 18.45%.

Here's a breakdown of Marriott's stock performance over the past year:

Analysts are optimistic about Marriott stock, with an average rating of "Buy" from 21 analysts. This suggests a positive outlook for the company's future performance.

The 12-month stock price forecast is $271.1, which represents a decrease of -6.45% from the latest price. This implies a potential short-term decline in the stock's value.

For a more detailed view, let's break down the analysts' consensus:

The consensus rating is a Hold, which indicates a neutral view of the company's prospects. However, the highest upside price target is $328.00, representing a 13.87% increase from the current price.

Suggestion: Stock Price

Analysts are optimistic about Marriott International's stock, with an average rating of "Buy" from 21 analysts.

The 12-month stock price forecast is $271.1, which represents a decrease of -6.45% from the latest price.

According to analysts, the highest upside price target is $328.00, representing a 13.87% upside increase from the current price.

A consensus rating of Hold is based on 6 Buy ratings, 18 Hold ratings, and 1 Sell rating from analysts.

The estimated downside from the current price is -3.35% according to analysts' consensus price target of $278.40.

Here's a summary of analyst forecasts:

Note: This summary is based on the analyst consensus rating.

International hotel operators are a strong investment option, with Marriott International and InterContinental Hotels Group being two leading players.

Marriott International has a significant presence globally, with a strong historical and financial performance.

Hotel chains like Marriott and IHG Group are often under-considered investments, but they offer robust profit margins.

Marriott International recently announced a new agreement with Xiamen Green Development Investment Group to introduce The Ritz-Carlton to Xiamen.