Marriott International, Inc. engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, and City Express by Marriott brand names, as well as operates residences, timeshares, and yachts. The company was founded in 1927 and is headquartered in Bethesda, Maryland.

Marriott International

Wall Street expects a year-over-year increase in earnings on higher revenues when Marriott International (MAR) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on November 4, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This hotel company is expected to post quarterly earnings of $2.41 per share in its upcoming report, which represents a year-over-year change of +6.6%.
Revenues are expected to be $6.45 billion, up 3.2% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 0.85% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Marriott?
For Marriott, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.75%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Marriott will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Marriott would post earnings of $2.64 per share when it actually produced earnings of $2.65, delivering a surprise of +0.38%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Marriott appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected Results
Another stock from the Zacks Hotels and Motels industry, Civeo (CVEO), is soon expected to post earnings of $0.2 per share for the quarter ended September 2025. This estimate indicates a year-over-year change of +155.6%. Revenues for the quarter are expected to be $174.74 million, down 0.9% from the year-ago quarter.
The consensus EPS estimate for Civeo has been revised 51.2% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +39.83%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Civeo will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Should You Invest in Marriott International, Inc. (MAR)?
Before you invest in Marriott International, Inc. (MAR), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Marriott International (MAR) Earnings Expected to Grow: Should You Buy?

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, Explained
The Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.
Should You Consider DraftKings?
The final step today is to look at a stock that meets our ESP qualifications. DraftKings (DKNG) earns a #3 (Hold) 14 days from its next quarterly earnings release on November 7, 2024, and its Most Accurate Estimate comes in at -$0.27 a share.
DraftKings' Earnings ESP sits at +36.39%, which, as explained above, is calculated by taking the percentage difference between the -$0.27 Most Accurate Estimate and the Zacks Consensus Estimate of -$0.42. DKNG is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
DKNG is part of a big group of Consumer Discretionary stocks that boast a positive ESP, and investors may want to take a look at Marriott International (MAR) as well.
Marriott International, which is readying to report earnings on November 4, 2024, sits at a Zacks Rank #3 (Hold) right now. It's Most Accurate Estimate is currently $2.35 a share, and MAR is 11 days out from its next earnings report.
For Marriott International, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $2.31 is +1.57%.
DKNG and MAR's positive ESP figures tell us that both stocks have a good chance at beating analyst expectations in their next earnings report.
Find Stocks to Buy or Sell Before They're Reported
Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Marriott International (MAR), which belongs to the Zacks Hotels and Motels industry.
When looking at the last two reports, this hotel company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 1.29%, on average, in the last two quarters.
For the last reported quarter, Marriott came out with earnings of $2.65 per share versus the Zacks Consensus Estimate of $2.64 per share, representing a surprise of 0.38%. For the previous quarter, the company was expected to post earnings of $2.27 per share and it actually produced earnings of $2.32 per share, delivering a surprise of 2.20%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for Marriott lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Marriott has an Earnings ESP of +3.75% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on November 4, 2025.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Will Marriott (MAR) Beat Estimates Again in Its Next Earnings Report?

Investors in Marriott International, Inc. (Symbol: MAR) saw new options become available today, for the December 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MAR options chain for the new December 5th contracts and identified one put and one call contract of particular interest.
The put contract at the $265.00 strike price has a current bid of $6.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $265.00, but will also collect the premium, putting the cost basis of the shares at $259.00 (before broker commissions). To an investor already interested in purchasing shares of MAR, that could represent an attractive alternative to paying $270.89/share today.
Because the $265.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 63%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.26% return on the cash commitment, or 19.20% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Marriott International, Inc., and highlighting in green where the $265.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $275.00 strike price has a current bid of $8.30. If an investor was to purchase shares of MAR stock at the current price level of $270.89/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $275.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.58% if the stock gets called away at the December 5th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if MAR shares really soar, which is why looking at the trailing twelve month trading history for Marriott International, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing MAR's trailing twelve month trading history, with the $275.00 strike highlighted in red:
Considering the fact that the $275.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.06% boost of extra return to the investor, or 25.98% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 31%, while the implied volatility in the call contract example is 29%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $270.89) to be 29%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Best High Dividend Stocks
Funds Holding CARA
Funds Holding EIGI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting MAR Put And Call Options For December 5th

Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $2.11 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.94%. A quarter ago, it was expected that this company would post earnings of $2.04 per share when it actually produced earnings of $2.2, delivering a surprise of +7.84%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Hilton Worldwide, which belongs to the Zacks Hotels and Motels industry, posted revenues of $3.12 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.46%. This compares to year-ago revenues of $2.87 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Hilton Worldwide shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 14.5%.
What's Next for Hilton Worldwide?
While Hilton Worldwide has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Hilton Worldwide was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.01 on $3.04 billion in revenues for the coming quarter and $7.93 on $11.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Hotels and Motels is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Marriott International (MAR), another stock in the same industry, has yet to report results for the quarter ended September 2025. The results are expected to be released on November 4.
This hotel company is expected to post quarterly earnings of $2.38 per share in its upcoming report, which represents a year-over-year change of +5.3%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level.
Marriott International's revenues are expected to be $6.47 billion, up 3.5% from the year-ago quarter.
Should You Invest in Hilton Worldwide Holdings Inc. (HLT)?
Before you invest in Hilton Worldwide Holdings Inc. (HLT), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Hilton Worldwide Holdings Inc. (HLT) Q3 Earnings and Revenues Surpass Estimates

Snap-On (SNA) came out with quarterly earnings of $4.71 per share, beating the Zacks Consensus Estimate of $4.59 per share. This compares to earnings of $4.7 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.61%. A quarter ago, it was expected that this tool and diagnostic equipment maker would post earnings of $4.61 per share when it actually produced earnings of $4.72, delivering a surprise of +2.39%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Snap-On, which belongs to the Zacks Tools - Handheld industry, posted revenues of $1.19 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.49%. This compares to year-ago revenues of $1.15 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Snap-On shares have lost about 2% since the beginning of the year versus the S&P 500's gain of 13.4%.
What's Next for Snap-On?
While Snap-On has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Snap-On was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.83 on $1.22 billion in revenues for the coming quarter and $18.69 on $4.69 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Tools - Handheld is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Consumer Discretionary sector, Marriott International (MAR), is yet to report results for the quarter ended September 2025. The results are expected to be released on November 4.
This hotel company is expected to post quarterly earnings of $2.38 per share in its upcoming report, which represents a year-over-year change of +5.3%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level.
Marriott International's revenues are expected to be $6.47 billion, up 3.5% from the year-ago quarter.
Should You Invest in Snap-On Incorporated (SNA)?
Before you invest in Snap-On Incorporated (SNA), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Snap-On (SNA) Q3 Earnings and Revenues Top Estimates

Investors in Marriott International, Inc. (Symbol: MAR) saw new options begin trading today, for the November 28th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MAR options chain for the new November 28th contracts and identified one put and one call contract of particular interest.
The put contract at the $265.00 strike price has a current bid of $7.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $265.00, but will also collect the premium, putting the cost basis of the shares at $257.10 (before broker commissions). To an investor already interested in purchasing shares of MAR, that could represent an attractive alternative to paying $269.73/share today.
Because the $265.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 60%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.98% return on the cash commitment, or 21.74% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Marriott International, Inc., and highlighting in green where the $265.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $275.00 strike price has a current bid of $8.60. If an investor was to purchase shares of MAR stock at the current price level of $269.73/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $275.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.14% if the stock gets called away at the November 28th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if MAR shares really soar, which is why looking at the trailing twelve month trading history for Marriott International, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing MAR's trailing twelve month trading history, with the $275.00 strike highlighted in red:
Considering the fact that the $275.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.19% boost of extra return to the investor, or 23.26% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 31%, while the implied volatility in the call contract example is 30%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $269.73) to be 28%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Funds Holding XBKS
Funds Holding IMOM
LQDT Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting MAR Put And Call Options For November 28th

Market Cap Game Show: Planes, Steaks & Automobiles

Investors in Marriott International, Inc. (Symbol: MAR) saw new options become available today, for the November 7th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MAR options chain for the new November 7th contracts and identified one put and one call contract of particular interest.
The put contract at the $260.00 strike price has a current bid of $8.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $260.00, but will also collect the premium, putting the cost basis of the shares at $251.60 (before broker commissions). To an investor already interested in purchasing shares of MAR, that could represent an attractive alternative to paying $261.40/share today.
Because the $260.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 3.23% return on the cash commitment, or 27.40% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Marriott International, Inc., and highlighting in green where the $260.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $265.00 strike price has a current bid of $7.00. If an investor was to purchase shares of MAR stock at the current price level of $261.40/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $265.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.06% if the stock gets called away at the November 7th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if MAR shares really soar, which is why looking at the trailing twelve month trading history for Marriott International, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing MAR's trailing twelve month trading history, with the $265.00 strike highlighted in red:
Considering the fact that the $265.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.68% boost of extra return to the investor, or 22.71% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example, as well as the call contract example, are both approximately 30%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $261.40) to be 28%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Church and Dwight Average Annual Return
Institutional Holders of SHOR
Funds Holding RDWR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

November 7th Options Now Available For Marriott International (MAR)

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Russell 1000 Value ETF (Symbol: IWD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $221.63 per unit.
With IWD trading at a recent price near $202.09 per unit, that means that analysts see 9.67% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IWD's underlying holdings with notable upside to their analyst target prices are STAG Industrial Inc (Symbol: STAG), Ralph Lauren Corp (Symbol: RL), and Marriott International, Inc. (Symbol: MAR). Although STAG has traded at a recent price of $35.38/share, the average analyst target is 9.95% higher at $38.90/share. Similarly, RL has 9.86% upside from the recent share price of $306.12 if the average analyst target price of $336.29/share is reached, and analysts on average are expecting MAR to reach a target price of $287.75/share, which is 9.81% above the recent price of $262.04. Below is a twelve month price history chart comparing the stock performance of STAG, RL, and MAR:
Below is a summary table of the current analyst target prices discussed above:
Name
Symbol
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
iShares Russell 1000 Value ETF
IWD
$202.09
$221.63
9.67%
STAG Industrial Inc
STAG
$35.38
$38.90
9.95%
Ralph Lauren Corp
RL
$306.12
$336.29
9.86%
Marriott International, Inc.
MAR
$262.04
$287.75
9.81%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.