Choice Hotels International’s (CHH) “Hold” Rating Reiterated at Argus

Argus reiterated their hold rating on shares of Choice Hotels International (NYSE:CHH) in a report issued on Tuesday morning, MarketBeat.com reports.

Other research analysts have also recently issued reports about the company. Truist Financial dropped their target price on Choice Hotels International from $128.00 to $111.00 and set a “hold” rating on the stock in a research report on Thursday, December 4th. Barclays dropped their price objective on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating on the stock in a report on Friday, November 7th. Jefferies Financial Group raised shares of Choice Hotels International from a “hold” rating to a “buy” rating in a report on Friday, December 12th. Wells Fargo & Company initiated coverage on shares of Choice Hotels International in a research note on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price target on the stock. Finally, JPMorgan Chase & Co. upgraded Choice Hotels International from an “underweight” rating to a “neutral” rating and reduced their price objective for the stock from $102.00 to $95.00 in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Choice Hotels International currently has a consensus rating of “Reduce” and an average target price of $106.15.

Choice Hotels International Stock Down 0.2%

CHH opened at $95.06 on Tuesday. Choice Hotels International has a twelve month low of $84.04 and a twelve month high of $157.86. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81. The firm has a 50 day moving average price of $93.86 and a 200-day moving average price of $112.01. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 7.81 and a beta of 0.79.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.08). The company had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the firm posted $2.23 EPS. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Equities research analysts forecast that Choice Hotels International will post 7.07 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. Choice Hotels International’s dividend payout ratio is 14.13%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHH. Kilter Group LLC purchased a new position in shares of Choice Hotels International in the second quarter worth $25,000. Whittier Trust Co. lifted its stake in Choice Hotels International by 138.5% in the 2nd quarter. Whittier Trust Co. now owns 291 shares of the company’s stock worth $37,000 after purchasing an additional 169 shares in the last quarter. Toth Financial Advisory Corp bought a new position in shares of Choice Hotels International during the 2nd quarter valued at about $38,000. Quarry LP bought a new position in shares of Choice Hotels International during the 3rd quarter valued at about $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Choice Hotels International by 119.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock valued at $49,000 after purchasing an additional 212 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors.

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.