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

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) has been assigned an average recommendation of “Hold” from the ten ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $129.70.

A number of research firms have weighed in on CHH. Truist Financial increased their target price on shares of Choice Hotels International from $142.00 to $146.00 and gave the company a “hold” rating in a research report on Thursday, March 14th. Jefferies Financial Group upgraded Choice Hotels International from an “underperform” rating to a “buy” rating and lifted their target price for the stock from $96.00 to $156.00 in a research note on Monday, March 11th. Robert W. Baird cut their price target on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. Barclays reduced their price target on Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating for the company in a research report on Friday, April 19th. Finally, StockNews.com cut Choice Hotels International from a “hold” rating to a “sell” rating in a research report on Wednesday, February 21st.

Check Out Our Latest Stock Analysis on CHH

Institutional Trading of Choice Hotels International

Hedge funds and other institutional investors have recently modified their holdings of the business. LRI Investments LLC bought a new position in Choice Hotels International in the 1st quarter valued at approximately $125,000. Axxcess Wealth Management LLC bought a new position in shares of Choice Hotels International in the first quarter worth approximately $205,000. Seven Eight Capital LP lifted its position in shares of Choice Hotels International by 8.7% in the first quarter. Seven Eight Capital LP now owns 11,131 shares of the company’s stock valued at $1,403,000 after acquiring an additional 894 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Choice Hotels International by 163.2% in the first quarter. Covestor Ltd now owns 229 shares of the company’s stock worth $29,000 after buying an additional 142 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Choice Hotels International by 7.7% in the first quarter. Vanguard Group Inc. now owns 2,738,088 shares of the company’s stock worth $345,957,000 after purchasing an additional 195,956 shares during the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Trading Up 0.3 %

NYSE CHH opened at $115.42 on Wednesday. The company has a market cap of $5.56 billion, a price-to-earnings ratio of 24.77, a price-to-earnings-growth ratio of 1.98 and a beta of 1.21. Choice Hotels International has a twelve month low of $108.91 and a twelve month high of $136.02. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 177.75. The business’s fifty day moving average is $121.04 and its 200 day moving average is $117.68.

Choice Hotels International (NYSE:CHHGet Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.13. The firm had revenue of $331.90 million for the quarter, compared to analyst estimates of $343.04 million. Choice Hotels International had a return on equity of 748.46% and a net margin of 15.34%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the firm posted $1.12 earnings per share. As a group, sell-side analysts expect that Choice Hotels International will post 6.45 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Investors of record on Monday, July 1st will be paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Monday, July 1st. Choice Hotels International’s payout ratio is currently 24.68%.

Choice Hotels International Company Profile

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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.

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Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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