Choice Hotels International, Inc. (NYSE:CHH – Get Free Report) has received a consensus recommendation of “Reduce” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $112.46.
A number of analysts have commented on CHH shares. Susquehanna lifted their target price on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Truist Financial upped their price target on Choice Hotels International from $128.00 to $129.00 and gave the company a “buy” rating in a report on Thursday, September 10th. Barclays increased their price objective on Choice Hotels International from $101.00 to $102.00 and gave the company an “underweight” rating in a research report on Thursday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Choice Hotels International in a report on Tuesday, July 7th. Finally, Morgan Stanley boosted their target price on Choice Hotels International from $86.00 to $91.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 18th.
Read Our Latest Stock Report on CHH
Choice Hotels International Trading Up 0.9%
Choice Hotels International (NYSE:CHH – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.05. The business had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. Analysts predict that Choice Hotels International will post 6.97 EPS for the current year.
Choice Hotels International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, October 1st. Choice Hotels International’s payout ratio is presently 16.24%.
Insiders Place Their Bets
In related news, Director William Jews sold 5,057 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the transaction, the director owned 23,987 shares in the company, valued at $2,566,129.26. This represents a 17.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 23.87% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Choice Hotels International
A number of hedge funds have recently added to or reduced their stakes in CHH. Nykredit A S purchased a new position in shares of Choice Hotels International in the 2nd quarter worth $146,000. Corient Private Wealth LP increased its position in Choice Hotels International by 8.0% during the second quarter. Corient Private Wealth LP now owns 13,461 shares of the company’s stock valued at $1,484,000 after acquiring an additional 995 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Choice Hotels International in the second quarter valued at about $584,000. AlphaGrep UK Ltd bought a new position in Choice Hotels International in the second quarter valued at about $361,000. Finally, Syon Capital LLC boosted its position in Choice Hotels International by 20.2% in the second quarter. Syon Capital LLC now owns 5,404 shares of the company’s stock worth $596,000 after purchasing an additional 907 shares during the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.
Choice Hotels International Company Profile
Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.
Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.
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