Choice Hotels International, Inc. (NYSE:CHH) Given Consensus Rating of “Hold” by Brokerages

Shares of Choice Hotels International, Inc. (NYSE:CHH) have earned a consensus rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $130.80.

Several equities research analysts recently issued reports on the stock. Robert W. Baird dropped their target price on shares of Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating on the stock in a report on Wednesday. Truist Financial lifted their price target on shares of Choice Hotels International from $142.00 to $146.00 and gave the stock a “hold” rating in a research note on Thursday, March 14th. StockNews.com cut shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Jefferies Financial Group upgraded shares of Choice Hotels International from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $96.00 to $156.00 in a research note on Monday, March 11th. Finally, Barclays dropped their price target on shares of Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating on the stock in a research note on Friday, April 19th.

Choice Hotels International Trading Up 0.1 %

Shares of CHH stock opened at $119.05 on Friday. Choice Hotels International has a 12-month low of $108.91 and a 12-month high of $136.02. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 30.02. The firm’s 50 day moving average is $120.76 and its 200 day moving average is $117.25. The stock has a market capitalization of $5.91 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.93 and a beta of 1.21.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Tuesday, February 20th. The company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.09. Choice Hotels International had a net margin of 16.74% and a return on equity of 594.23%. The company had revenue of $358.40 million for the quarter, compared to analysts’ expectations of $369.44 million. During the same quarter last year, the company posted $1.26 earnings per share. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. Research analysts expect that Choice Hotels International will post 6.46 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 17th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2875 per share. The ex-dividend date was Monday, April 1st. This represents a $1.15 annualized dividend and a dividend yield of 0.97%. Choice Hotels International’s payout ratio is 22.73%.

Institutional Trading of Choice Hotels International

Institutional investors and hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in shares of Choice Hotels International by 144.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after purchasing an additional 117 shares during the period. Vima LLC bought a new stake in Choice Hotels International in the 4th quarter valued at $36,000. Wetzel Investment Advisors Inc. bought a new stake in Choice Hotels International in the 4th quarter valued at $45,000. Principal Securities Inc. bought a new stake in Choice Hotels International in the 4th quarter valued at $48,000. Finally, Fifth Third Bancorp increased its holdings in Choice Hotels International by 42.2% in the 3rd quarter. Fifth Third Bancorp now owns 566 shares of the company’s stock valued at $69,000 after acquiring an additional 168 shares during the last quarter. 65.57% of the stock is currently owned by institutional investors.

About Choice Hotels International

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.