Marriott International Can Survive COVID-19

Image Shown: Shares of Marriott International Inc have recovered somewhat from their March 2020 lows and are currently trading in the lower bound of our fair value estimate range. By Callum Turcan On August 10, Marriott International Inc (MAR) reported second quarter 2020 earnings that missed both consensus top- and bottom-line estimates. Marriott International’s financials have been devasted by the ongoing coronavirus (‘COVID-19’) pandemic, though its saving grace has been its asset-light business model which is built around property management and franchise fees. Most of its revenue comes from managing third-party locations and franchising out its various hotel brands to third-parties including Courtyard, Fairfield by Marriott, Residence Inn, Marriott Hotels, Sheraton, Westin, and others. Please note many of its franchised … Read more

Dividend Increases/Decreases for the Week Ending April 17

Below we provide a list of firms that raised their dividends during the week ending April 17. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Autohome Inc. (ATHM): now $0.77/ADS annual dividend. Compania Cervecerias Unidas S.A. (CCU): now $0.4355 per share semi-annual dividend, was $0.1985. First Republic Bank (FRC): now $0.20 per share quarterly dividend, was $0.19. Costco (COST): now $0.70 per share quarterly dividend, was $0.65. Donegal Group (DGICB): now $0.1325 per share quarterly dividend, was $0.1275. Johnson & Johnson (JNJ): now $1.01 per share quarterly dividend, was $0.95. Plumas … Read more

Stock Market Outlook for 2021

By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more