Shares of Marriott International (NYSE:MAR) have received a consensus rating of “Buy” from the twenty-three analysts that are covering the company, StockRatingsNetwork reports. Nine analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $66.85.
A number of research firms have recently commented on MAR. Analysts at JPMorgan Chase & Co. raised their price target on shares of Marriott International from $74.00 to $84.00 in a research note on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Marriott International in a research note on Thursday, July 31st. They now have a $72.00 price target on the stock, up previously from $65.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Marriott International in a research note on Thursday, July 31st. They now have a $69.00 price target on the stock.
Shares of Marriott International (NYSE:MAR) opened at 70.83 on Friday. Marriott International has a one year low of $40.74 and a one year high of $70.98. The stock’s 50-day moving average is $67.04 and its 200-day moving average is $60.6. The company has a market cap of $20.581 billion and a price-to-earnings ratio of 31.79.
Marriott International (NYSE:MAR) last announced its earnings results on Tuesday, July 29th. The company reported $0.71 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.67 by $0.04. The company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.53 million. During the same quarter last year, the company posted $0.57 earnings per share. Marriott International’s revenue was up 6.8% compared to the same quarter last year. Analysts expect that Marriott International will post $2.50 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Tuesday, August 19th.
Marriott International, Inc is a diversified hospitality company. It is a lodging company with more than 3,700 properties in 73 countries and territories
slamic State terrorists have released video claiming to show the beheading of American journalist Steven Sotloff, according to an intelligence monitoring group.
The Islamic State had threatened Sotloff’s life in the video of American photojournalist James Foley’s execution released last month.
This still image from an undated video released by Islamic State militants on Tuesday, Aug. 19, 2014, purports to show journalist Steven Sotloff being held by the militant group. The Islamic State released a second video Sept. 2 of what it said showed Sotloff’s execution. (AP Photo)
In the video, titled “A Second Message to America,” Sotloff wears an orange jumpsuit like Foley did. Beside him, a British-accented militant directly addresses President Barack Obama as if he is the same fighter who executed Foley.
“I’m back, Obama, and I’m back because of your arrogant foreign policy towards the Islamic State, because of your insistence on continuing your bombings and [unclear] on Mosul Dam, despite our serious warnings,” he says, according to the SITE Monitoring Service. “You, Obama, have but to gain from your actions but another American citizen. So just as your missiles continue to strike our people, our knife will continue to strike the necks of your people.”
The Islamic State is again threatening another captive, identified as a Briton, David Cawthorne Haines.
Reacting to initial word that a new video had been released, White House press secretary Josh Earnest said he wasn’t able to offer any confirmation.
“This is something that the administraiton has been watching very carefully since the threat against Mr. Sotloff’s life was originally made a few weeks ago,” Earnest said. “Our thoughts and prayers are with Mr. Sotloff and Mr. Sotloff’s family and those who worked with him. The United States, as you know, has dedicated significant time and resources to try and rescue Mr. Sotloff. I’m not in the position to confirm the authenticity of the video or reports since I just walked out here. If there is a video that has been released, it’s something that will be analyzed very closely.”
Sotloff did freelance work for Time and Foreign Policy magazines. His mother, Shirley Sotloff, made a direct video appeal for her son’s life last week.
At least two other Americans are believed held captive by the Islamic State, according to the New York Times.
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