Choice Hotels International, Inc. (NYSE:CHH) Receives $106.15 Consensus Price Target from Brokerages

Choice Hotels International, Inc. (NYSE:CHH) has received a consensus recommendation of “Reduce” from the fourteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $106.1538.

CHH has been the topic of a number of recent analyst reports. Wells Fargo & Company began coverage on shares of Choice Hotels International in a research note on Tuesday, November 18th. They issued an “underweight” rating and a $84.00 target price on the stock. Bank of America cut shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective on the stock. in a research report on Monday, September 29th. JPMorgan Chase & Co. raised shares of Choice Hotels International from an “underweight” rating to a “neutral” rating and dropped their price objective for the stock from $102.00 to $95.00 in a report on Friday, December 12th. Argus reissued a “hold” rating on shares of Choice Hotels International in a research note on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Choice Hotels International in a research note on Thursday, October 30th.

Choice Hotels International Stock Up 0.6%

Shares of NYSE:CHH opened at $95.20 on Thursday. The firm has a fifty day moving average price of $93.53 and a two-hundred day moving average price of $111.05. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 11.70, a PEG ratio of 7.76 and a beta of 0.79. The company has a debt-to-equity ratio of 12.81, a current ratio of 0.96 and a quick ratio of 0.96. Choice Hotels International has a one year low of $84.04 and a one year high of $157.86.

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

Choice Hotels International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders 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 annualized dividend and a yield of 1.2%. Choice Hotels International’s dividend payout ratio is currently 14.13%.

Institutional Investors Weigh In On Choice Hotels International

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

About Choice Hotels International

Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.