Choice Hotels International (NYSE:CHH) CFO Scott Oaksmith Sells 600 Shares of Stock

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) CFO Scott Oaksmith sold 600 shares of Choice Hotels International stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $100.07, for a total transaction of $60,042.00. Following the completion of the transaction, the chief financial officer directly owned 38,775 shares of the company’s stock, valued at $3,880,214.25. The trade was a 1.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Choice Hotels International Trading Down 0.5%

Shares of Choice Hotels International stock opened at $99.02 on Friday. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $136.45. The company has a debt-to-equity ratio of 10.52, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $4.55 billion, a P/E ratio of 12.50, a price-to-earnings-growth ratio of 4.33 and a beta of 0.75. The firm has a 50-day simple moving average of $105.03 and a two-hundred day simple moving average of $101.42.

Choice Hotels International (NYSE:CHHGet Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.04. The firm had revenue of $390.15 million during the quarter, compared to analyst estimates of $369.26 million. Choice Hotels International had a return on equity of 541.07% and a net margin of 23.17%.Choice Hotels International’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities analysts predict that Choice Hotels International, Inc. will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be given a $0.2875 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. Choice Hotels International’s payout ratio is 14.52%.

Institutional Trading of Choice Hotels International

Several large investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its holdings in shares of Choice Hotels International by 293.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,216 shares of the company’s stock worth $211,000 after purchasing an additional 1,653 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Choice Hotels International in the 4th quarter worth $1,682,000. Alpine Global Management LLC purchased a new position in shares of Choice Hotels International during the 4th quarter worth $214,000. Invesco Ltd. boosted its position in shares of Choice Hotels International by 65.0% during the 4th quarter. Invesco Ltd. now owns 242,985 shares of the company’s stock valued at $23,147,000 after acquiring an additional 95,736 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Choice Hotels International by 10.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,849 shares of the company’s stock valued at $367,000 after purchasing an additional 354 shares during the period. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CHH. Truist Financial set a $126.00 target price on Choice Hotels International and gave the company a “buy” rating in a research report on Friday, January 9th. Jefferies Financial Group cut shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Barclays increased their price objective on shares of Choice Hotels International from $98.00 to $101.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Wells Fargo & Company lifted their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, February 20th. Finally, The Goldman Sachs Group boosted their target price on shares of Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Choice Hotels International has a consensus rating of “Reduce” and an average target price of $111.36.

Read Our Latest Stock Report on CHH

About Choice Hotels International

(Get Free Report)

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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