Marriott Stock Information
Marriott, listed on the NYSE as symbol MAR, is the stock of the a well-known upscale international hotel chain based in Bethesda, Maryland. The company owns more than a half-million rooms worldwide and is the proprietor of chains such as the Ritz-Carlton and Residence Inn.
Other People Are Reading
-
Statistics
-
Marriott's 52-week stock price (as of June 30, 2009) range has fluctuated between $11.84 and $30.13 exhibiting a significant degree of volatility. The price on June 30, 2009, was $22.07 with a market capitalization of $7.7 billion with no current dividend.
Risk
-
Marriott's stock was rated in mid-2009 as high risk by Standard & Poor's due to the company's seasonal fluctuations, which causes inconsistency in quarterly earnings. A recovering US economy could help ease Marriott's risk assessment as more vacationers would result in a greater room occupancy.
-
Revenue
-
From fiscal 2004 to fiscal 2008, Marriott increased its revenue from $10 billion to $12.88 billion. However, there was a slight loss from 2007 to 2008. The first quarter 2009 was also lower than the first quarter 2008, an indication that the downtrend may continue.
Earnings Per Share
-
Marriott has reported positive earnings from 2004 to 2008. However, the first quarter of 2009 it reported a minus .06 per share loss. S&P estimated in mid-2009 that MAR's EPS wouldl recover in the subsequent quarters of 2009 but would be significantly lower for the year than 2008.
Valuation
-
S&P evaluates MAR's fair market value in mid-2009 at $13.35 and offers a bullish technical evaluation. Marriott's ability to maintain earnings growth is subject to the health of the overall economy. If consumers cut back on vacationing, the company's bottom line can be negatively affected.
-
