Equities analysts expect Choice Hotels International, Inc. (NYSE:CHH) to announce earnings of $0.63 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Choice Hotels International’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.83. Choice Hotels International posted earnings of $0.76 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 17.1%. The business is expected to issue its next quarterly earnings results before the market opens on Monday, May 10th.

According to Zacks, analysts expect that Choice Hotels International will report full-year earnings of $3.19 per share for the current year, with EPS estimates ranging from $2.76 to $3.85. For the next fiscal year, analysts forecast that the firm will post earnings of $4.14 per share, with EPS estimates ranging from $3.73 to $4.52. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Choice Hotels International.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Tuesday, February 16th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.13). Choice Hotels International had a negative return on equity of 419.83% and a net margin of 12.92%. The company had revenue of $193.39 million for the quarter, compared to analyst estimates of $203.89 million.

CHH has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Choice Hotels International from $90.00 to $102.00 in a research note on Tuesday, April 20th. Gordon Haskett upped their price objective on Choice Hotels International from $95.00 to $104.00 and gave the stock a “hold” rating in a report on Tuesday, January 5th. Deutsche Bank Aktiengesellschaft raised their target price on Choice Hotels International from $84.00 to $98.00 and gave the company a “hold” rating in a report on Thursday, February 25th. Morgan Stanley upped their price target on shares of Choice Hotels International from $106.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Monday, March 1st. Finally, Truist Securities raised their price objective on shares of Choice Hotels International from $90.00 to $102.00 and gave the company a “hold” rating in a research note on Monday, April 26th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Choice Hotels International has an average rating of “Hold” and a consensus target price of $91.92.

In other Choice Hotels International news, Director Liza Landsman sold 2,932 shares of the stock in a transaction on Wednesday, February 24th. The stock was sold at an average price of $109.55, for a total transaction of $321,200.60. Following the sale, the director now owns 8,559 shares in the company, valued at approximately $937,638.45. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David A. Pepper sold 17,973 shares of the firm’s stock in a transaction on Tuesday, February 23rd. The stock was sold at an average price of $111.82, for a total value of $2,009,740.86. Insiders sold 43,698 shares of company stock worth $4,903,452 in the last ninety days. Insiders own 21.73% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its stake in Choice Hotels International by 28.6% in the 1st quarter. Nisa Investment Advisors LLC now owns 450 shares of the company’s stock valued at $48,000 after purchasing an additional 100 shares during the last quarter. Ellevest Inc. grew its holdings in shares of Choice Hotels International by 582.1% during the fourth quarter. Ellevest Inc. now owns 532 shares of the company’s stock worth $57,000 after buying an additional 454 shares in the last quarter. Kinloch Capital LLC acquired a new position in shares of Choice Hotels International in the fourth quarter valued at approximately $64,000. CWM LLC purchased a new position in shares of Choice Hotels International during the fourth quarter valued at approximately $94,000. Finally, Ironwood Wealth Management LLC. acquired a new stake in Choice Hotels International during the fourth quarter worth approximately $173,000. 57.93% of the stock is currently owned by institutional investors and hedge funds.

NYSE:CHH traded down $0.75 during midday trading on Thursday, reaching $112.17. The stock had a trading volume of 466,150 shares, compared to its average volume of 242,683. The stock has a market cap of $6.23 billion, a P/E ratio of 57.61 and a beta of 1.48. The firm has a fifty day simple moving average of $110.56 and a two-hundred day simple moving average of $104.40. Choice Hotels International has a 12-month low of $66.00 and a 12-month high of $115.80.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection.

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Earnings History and Estimates for Choice Hotels International (NYSE:CHH)

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