Choice Hotels International (CHH) Expected to Announce Quarterly Earnings on Thursday

Choice Hotels International (NYSE:CHH) is anticipated to announce its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $374.24 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Choice Hotels International Stock Up 2.1 %

Shares of NYSE:CHH opened at $149.00 on Wednesday. The stock has a market cap of $6.99 billion, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. Choice Hotels International has a fifty-two week low of $108.91 and a fifty-two week high of $156.25. The firm’s 50 day moving average price is $144.87 and its 200 day moving average price is $138.04.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a $0.2875 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $1.15 annualized dividend and a yield of 0.77%. Choice Hotels International’s dividend payout ratio is currently 22.03%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CHH shares. Barclays increased their price target on shares of Choice Hotels International from $123.00 to $129.00 and gave the company an “underweight” rating in a research note on Friday, December 13th. The Goldman Sachs Group increased their price target on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Jefferies Financial Group raised their target price on shares of Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Susquehanna raised their target price on shares of Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley restated an “underweight” rating and set a $129.00 target price (down from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $136.33.

Choice Hotels International Company Profile

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.