Choice Hotels International, Inc. (NYSE:CHH – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $107.64 and traded as high as $110.35. Choice Hotels International shares last traded at $105.53, with a volume of 891,134 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on CHH shares. Jefferies Financial Group lowered Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Susquehanna lowered their price objective on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Wells Fargo & Company began coverage on shares of Choice Hotels International in a report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price target on the stock. Barclays reduced their price objective on shares of Choice Hotels International from $99.00 to $98.00 and set an “underweight” rating for the company in a research note on Friday, January 16th. Finally, Robert W. Baird dropped their price objective on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $107.85.
Get Our Latest Analysis on Choice Hotels International
Choice Hotels International Price Performance
Choice Hotels International (NYSE:CHH – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.08). Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. The company had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. During the same quarter in the previous year, the business earned $2.23 EPS. Choice Hotels International’s 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. On average, equities research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current year.
Choice Hotels International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s dividend payout ratio (DPR) is currently 14.13%.
Institutional Trading of Choice Hotels International
Several hedge funds have recently added to or reduced their stakes in CHH. Bamco Inc. NY grew its stake in Choice Hotels International by 7.4% during the third quarter. Bamco Inc. NY now owns 5,359,896 shares of the company’s stock worth $573,026,000 after buying an additional 369,244 shares in the last quarter. Boston Trust Walden Corp boosted its position in shares of Choice Hotels International by 8.4% during the 3rd quarter. Boston Trust Walden Corp now owns 1,046,784 shares of the company’s stock worth $111,912,000 after acquiring an additional 81,132 shares in the last quarter. Rock Creek Group LP increased its stake in Choice Hotels International by 52.3% in the second quarter. Rock Creek Group LP now owns 811,579 shares of the company’s stock valued at $102,973,000 after acquiring an additional 278,715 shares during the last quarter. Bank of America Corp DE raised its position in Choice Hotels International by 5.3% during the second quarter. Bank of America Corp DE now owns 428,285 shares of the company’s stock valued at $54,341,000 after purchasing an additional 21,631 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Choice Hotels International by 1.1% during the second quarter. JPMorgan Chase & Co. now owns 403,720 shares of the company’s stock worth $51,224,000 after purchasing an additional 4,425 shares during the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.
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.
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