Marriott International (NASDAQ:MAR) Announces Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Marriott International (NASDAQ:MAR) posted its quarterly earnings results on Monday. The company reported $3.02 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.18, FiscalAI reports. The business had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Marriott International had a negative return on equity of 75.81% and a net margin of 9.62%. Marriott International’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $2.47 earnings per share.

Here are the key takeaways from Marriott International’s conference call:

• Third-quarter results exceeded expectations, with global RevPAR up 6.5%, adjusted EBITDA up 12%, and adjusted diluted EPS up 22% to $3.02. Growth was broad-based, led by U.S. and Canada, luxury hotels, and APEC.
• Marriott raised its full-year 2026 outlook to 4.5%-5% global RevPAR growth and expects adjusted EBITDA to rise about 13%, with adjusted diluted EPS growth of 20%-21%. Capital returns to shareholders are now expected to total at least $4.8 billion.
• Development momentum remains strong, with the pipeline up more than 6% to a record 634,000 rooms and conversions accounting for over 40% of openings year to date. Marriott expects net rooms growth toward the low end of its 4.5%-5% target in 2026 and mid-single-digit growth over the next several years.
• Regional weakness remains concentrated in Greater China and the Middle East. Greater China RevPAR was roughly flat because of softer domestic leisure demand, while Middle East RevPAR fell 12% and is expected to decline more sharply in the fourth quarter due to difficult comparisons, canceled events, and ongoing geopolitical disruption.
• Marriott is investing heavily in technology and AI, including a property-management-system rollout that has reached more than 3,000 hotels, while continuing to deploy key money to win conversions. Management said investment spending will remain elevated, with 40%-45% of 2026 spending allocated to contract acquisition costs and 25%-30% to technology.

Marriott International Trading Up 0.6%

Shares of NASDAQ MAR traded up $2.58 during midday trading on Tuesday, hitting $418.88. The company’s stock had a trading volume of 617,366 shares, compared to its average volume of 1,559,534. The stock has a fifty day moving average price of $361.40 and a 200 day moving average price of $356.20. The firm has a market capitalization of $109.23 billion, a price-to-earnings ratio of 43.41, a P/E/G ratio of 2.99 and a beta of 1.17. Marriott International has a one year low of $263.51 and a one year high of $433.30.

Marriott International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, August 20th were given a $0.73 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $2.92 annualized dividend and a dividend yield of 0.7%. Marriott International’s payout ratio is 30.26%.

Insiders Place Their Bets

In other news, insider Deborah Harrison sold 3,500 shares of Marriott International stock in a transaction on Friday, September 25th. The stock was sold at an average price of $352.09, for a total value of $1,232,315.00. Following the completion of the transaction, the insider directly owned 282,383 shares in the company, valued at approximately $99,424,230.47. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David S. Marriott sold 3,500 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $352.09, for a total transaction of $1,232,315.00. Following the transaction, the insider owned 282,383 shares of the company’s stock, valued at $99,424,230.47. This trade represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 11.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Marriott International from $388.00 to $406.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Mizuho dropped their price objective on shares of Marriott International from $384.00 to $374.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Robert W. Baird raised their price objective on Marriott International from $395.00 to $414.00 and gave the stock a “neutral” rating in a research report on Tuesday. The Goldman Sachs Group raised their target price on Marriott International from $406.00 to $456.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, China Intl Cap raised shares of Marriott International to a “strong-buy” rating in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Marriott International has a consensus rating of “Moderate Buy” and an average price target of $393.04.

Marriott International News Summary

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

• Positive Sentiment: Marriott reported adjusted third-quarter EPS of $3.02, up from $2.47 a year earlier and above analyst expectations. Revenue increased 8% to approximately $7.01 billion, while adjusted EBITDA rose 12% to $1.51 billion. Marriott International Reports Third Quarter 2026 Results
• Positive Sentiment: Worldwide RevPAR increased 6.5%, led by 7.4% growth in the U.S. and Canada. Luxury properties performed particularly well, while management cited strong demand, improved pricing and better Middle East trends. Marriott lifts annual room revenue growth forecast
• Positive Sentiment: Marriott raised full-year 2026 adjusted EPS guidance to $12.07–$12.14, above the prior outlook and consensus of $11.74. Fourth-quarter EPS guidance of $3.14–$3.21 also exceeds the $3.03 consensus estimate.
• Positive Sentiment: The company added roughly 20,100 net rooms during the quarter, with net rooms up 4.6% year over year. Its development pipeline reached a record more than 634,000 rooms, and conversions accounted for over 40% of openings year to date, supporting fee growth without the cost of building all-new hotels.
• Positive Sentiment: Gross fee revenue rose 14%, faster than RevPAR, while Marriott repurchased $1.3 billion of stock in the quarter. Goldman Sachs raised its price target to $456 and upgraded the shares to “buy.”
• Neutral Sentiment: Barclays raised its target to $409 but maintained an “equal weight” rating, and Baird raised its target to $414 while keeping a “neutral” rating. Both targets are slightly below the recent trading level.
• Negative Sentiment: Valuation remains a risk: MAR trades at roughly 43 times earnings, near its 52-week high. The stock may be vulnerable to a pullback if travel demand slows or investors discount its elevated growth expectations.
• Negative Sentiment: Middle East and Africa RevPAR declined 5.3%, Greater China was approximately flat, and debt and net interest expense increased. These factors could limit upside if regional weakness persists.

About Marriott International

Marriott International, Inc is a global hospitality company that develops, franchises, licenses and manages hotels, resorts, residences and other lodging properties. Its portfolio includes brands such as Marriott Hotels, Sheraton, Westin, W Hotels, The Ritz-Carlton, St. Regis, JW Marriott, Courtyard, Fairfield by Marriott, Residence Inn and Element. The company also operates Marriott Bonvoy, a travel loyalty program that provides members with benefits and rewards across participating properties and travel experiences.

Marriott traces its origins to 1927, when J.