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

Shares of Choice Hotels International, Inc. (NYSE:CHH) have earned an average rating of “Hold” from the ten research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $130.80.

CHH has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Choice Hotels International from an “underperform” rating to a “buy” rating and lifted their price target for the company from $96.00 to $156.00 in a research report on Monday, March 11th. Barclays decreased their price target on 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. StockNews.com cut Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Robert W. Baird decreased their target price on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th. Finally, Truist Financial lifted their target price on Choice Hotels International from $142.00 to $146.00 and gave the company a “hold” rating in a research report on Thursday, March 14th.

Choice Hotels International Price Performance

Shares of Choice Hotels International stock opened at $119.12 on Friday. The stock has a market capitalization of $5.92 billion, a P/E ratio of 23.51, a PEG ratio of 1.94 and a beta of 1.21. The business has a 50 day simple moving average of $120.89 and a two-hundred day simple moving average of $117.09. Choice Hotels International has a 12 month low of $108.91 and a 12 month high of $136.02. The company has a debt-to-equity ratio of 30.02, a current ratio of 0.31 and a quick ratio of 0.31.

Choice Hotels International (NYSE:CHH) last released its earnings results on Tuesday, February 20th. The company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.09. The business had revenue of $358.40 million during the quarter, compared to analyst estimates of $369.44 million. Choice Hotels International had a net margin of 16.74% and a return on equity of 594.23%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.26 earnings per share. As a group, analysts predict that Choice Hotels International will post 6.46 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 17th. Investors of record on Tuesday, April 2nd were given a $0.2875 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.15 dividend on an annualized basis and a yield of 0.97%. Choice Hotels International’s dividend payout ratio (DPR) is presently 22.73%.

Institutional Trading of Choice Hotels International

A number of large investors have recently made changes to their positions in the company. Capstone Investment Advisors LLC purchased a new stake in Choice Hotels International in the 1st quarter valued at $524,000. Janney Montgomery Scott LLC increased its stake in Choice Hotels International by 8.4% in the first quarter. Janney Montgomery Scott LLC now owns 41,193 shares of the company’s stock valued at $5,205,000 after purchasing an additional 3,201 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Choice Hotels International by 62.8% in the first quarter. BNP Paribas Financial Markets now owns 21,990 shares of the company’s stock valued at $2,778,000 after buying an additional 8,485 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of Choice Hotels International during the first quarter worth about $382,000. Finally, Norden Group LLC grew its holdings in shares of Choice Hotels International by 41.3% during the first quarter. Norden Group LLC now owns 3,464 shares of the company’s stock worth $438,000 after buying an additional 1,013 shares during the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.

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.