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

Shares of Choice Hotels International, Inc. (NYSE:CHH) have earned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $129.70.

Several research firms recently weighed in on CHH. Robert W. Baird reduced their price target on shares of Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Truist Financial boosted 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 note on Thursday, March 14th. Jefferies Financial Group raised 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 report on Monday, March 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on Choice Hotels International from $128.00 to $112.00 and set a “hold” rating on the stock in a research note on Thursday, May 9th. Finally, Barclays decreased their target price 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.

Choice Hotels International Trading Up 0.3 %

NYSE:CHH opened at $115.42 on Wednesday. Choice Hotels International has a 52 week low of $108.91 and a 52 week high of $136.02. The firm has a 50-day moving average price of $121.04 and a two-hundred day moving average price of $117.68. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.37 and a current ratio of 0.37. The firm 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 (NYSE:CHH) last issued 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. Choice Hotels International had a return on equity of 748.46% and a net margin of 15.34%. The company had revenue of $331.90 million during the quarter, compared to the consensus estimate of $343.04 million. During the same period last year, the business posted $1.12 earnings per share. Choice Hotels International’s revenue was down .6% on a year-over-year basis. On average, equities analysts expect that Choice Hotels International will post 6.45 earnings per share 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. Stockholders of record on Monday, July 1st will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Monday, July 1st. Choice Hotels International’s dividend payout ratio (DPR) is presently 24.68%.

Institutional Trading of Choice Hotels International

Institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its position in shares of Choice Hotels International by 144.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after buying an additional 117 shares during the period. Covestor Ltd increased its holdings in Choice Hotels International by 163.2% during the 1st quarter. Covestor Ltd now owns 229 shares of the company’s stock worth $29,000 after acquiring an additional 142 shares during the period. Vima LLC purchased a new stake in Choice Hotels International in the 4th quarter worth approximately $36,000. Wetzel Investment Advisors Inc. purchased a new stake in Choice Hotels International in the 4th quarter worth approximately $45,000. Finally, Principal Securities Inc. purchased a new position in shares of Choice Hotels International during the 4th quarter valued at $48,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

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.