Marriott International's Q3 2026 Earnings: What to Expect

Bethesda, Maryland-based Marriott International, Inc. (MAR) operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties in the United States and internationally. The company has a market cap of $100.6 billion and operates properties under JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, and other names. The company is expected to release its Q3 2026 earnings on Monday, November 2, before the market opens. 

Ahead of the event, analysts expect the company’s EPS to be $2.84 on a diluted basis, up 15% from $2.47 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one quarter. 

For fiscal 2026, analysts project the company’s EPS to be $11.70, up 16.8% from $10.02 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 14% year over year (YoY) to $13.34 in fiscal 2027. 

MAR stock has surged 44.9% over the past 52 weeks, rallying the S&P 500 Index’s ($SPX) 16.1% rise and the State Street Consumer Cyclical Select Sector SPDR ETF’s (XLY) 3.4% fall during the same time frame. 

On Aug. 19, MAR stock rose marginally following the company’s announcement to redeem all $450,000,000 aggregate principal amount of its outstanding 5.450% Series LL Notes due September 15, 2026. This redemption comes at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest. Additionally, the company’s announcement of its quarterly cash dividend of $0.73 per share of common stock, which is to be payable on September 30, 2026, showcases the company’s dedication to returning value to its investors while maintaining a strong financial core. 

Analysts are somewhat bullish on MAR, with the stock having a “Moderate Buy” rating overall. Among the 29 analysts covering the stock, 12 are recommending a “Strong Buy,” two suggest a “Moderate Buy,” 14 recommend a “Hold,” and one suggests a “Strong Sell.” MAR’s average analyst price target of $386.77 indicates a marginal upside from current levels.

On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.