Choice Hotels International, Inc. (NYSE:CHH) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Choice Hotels International, Inc. (NYSE:CHH) have been assigned a consensus rating of “Reduce” from the fourteen ratings firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $107.8462.

A number of research analysts have commented on CHH shares. Morgan Stanley set a $91.00 target price on shares of Choice Hotels International in a research report on Friday. Wells Fargo & Company started coverage on shares of Choice Hotels International in a report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price objective on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. Bank of America cut Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 target price on the stock. in a research report on Monday, September 29th. Finally, JPMorgan Chase & Co. raised Choice Hotels International from an “underweight” rating to a “neutral” rating and reduced their price target for the stock from $102.00 to $95.00 in a research report on Friday, December 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kilter Group LLC acquired a new stake in Choice Hotels International in the second quarter valued at approximately $25,000. Whittier Trust Co. lifted its holdings in shares of Choice Hotels International by 138.5% during the 2nd quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $37,000 after purchasing an additional 169 shares during the last quarter. Toth Financial Advisory Corp purchased a new stake in shares of Choice Hotels International during the 2nd quarter valued at $38,000. Quarry LP acquired a new stake in shares of Choice Hotels International in the 3rd quarter worth $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in Choice Hotels International by 119.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock worth $49,000 after buying an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Down 1.0%

Shares of NYSE:CHH opened at $108.05 on Monday. The business’s 50 day moving average is $95.17 and its 200 day moving average is $108.31. The stock has a market cap of $5.00 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 8.61 and a beta of 0.77. Choice Hotels International has a 52-week low of $84.04 and a 52-week high of $157.86. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, November 5th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.08). The firm had revenue of $278.00 million during the quarter, compared to analysts’ expectations of $419.75 million. Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.Choice Hotels International’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.23 earnings per share. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Sell-side analysts predict that Choice Hotels International will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were issued a $0.2875 dividend. The ex-dividend date was Friday, January 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 1.1%. Choice Hotels International’s payout ratio is currently 14.13%.

About Choice Hotels International

Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.