Choice Hotels International (NYSE:CHH) CEO Sells $137,424.00 in Stock

Choice Hotels International, Inc. (NYSE:CHH) CEO Dominic Dragisich sold 1,227 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $112.00, for a total transaction of $137,424.00. Following the sale, the chief executive officer directly owned 90,055 shares of the company’s stock, valued at approximately $10,086,160. This represents a 1.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Choice Hotels International Price Performance

CHH opened at $111.70 on Friday. The firm has a market cap of $5.03 billion, a price-to-earnings ratio of 15.78, a price-to-earnings-growth ratio of 2.87 and a beta of 0.71. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $123.82. The company’s 50-day moving average price is $103.76 and its 200 day moving average price is $108.28. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The firm had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. During the same quarter last year, the company posted $1.92 earnings per share. Choice Hotels International’s revenue was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, sell-side analysts expect that Choice Hotels International, Inc. will post 6.96 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 1st. Choice Hotels International’s dividend payout ratio is presently 16.24%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on Choice Hotels International from $119.00 to $121.00 and gave the stock a “neutral” rating in a research note on Wednesday. Morgan Stanley boosted their price target on shares of Choice Hotels International from $92.00 to $93.00 and gave the company an “underweight” rating in a report on Thursday. Robert W. Baird lowered their price target on shares of Choice Hotels International from $129.00 to $128.00 and set an “outperform” rating for the company in a research report on Tuesday, September 29th. Wells Fargo & Company upped their price target on shares of Choice Hotels International from $97.00 to $98.00 and gave the stock an “underweight” rating in a research report on Monday. Finally, Barclays increased their price objective on shares of Choice Hotels International from $102.00 to $103.00 and gave the stock an “underweight” rating in a report on Friday, October 16th. Three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $113.38.

Hedge Funds Weigh In On Choice Hotels International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund raised its stake in Choice Hotels International by 2.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after acquiring an additional 100 shares in the last quarter. GAMMA Investing LLC boosted its position in Choice Hotels International by 18.9% during the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after acquiring an additional 121 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Choice Hotels International by 10.7% in the first quarter. PNC Financial Services Group Inc. now owns 1,661 shares of the company’s stock worth $172,000 after purchasing an additional 161 shares in the last quarter. Net Worth Advisory Group grew its stake in shares of Choice Hotels International by 12.1% in the third quarter. Net Worth Advisory Group now owns 2,053 shares of the company’s stock worth $210,000 after purchasing an additional 222 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Choice Hotels International by 445.2% during the third quarter. Versant Capital Management Inc now owns 398 shares of the company’s stock valued at $41,000 after purchasing an additional 325 shares during the period. 65.57% of the stock is owned by institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a global lodging franchisor that licenses its hotel brands to independent owners and operators. The company supports its franchisees through brand standards, reservation and distribution systems, marketing, loyalty programs, technology, and operational services rather than primarily owning and operating hotels itself.

Its portfolio includes brands serving a range of price points and travel needs, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, MainStay Suites, Suburban Studios, WoodSpring Suites, Cambria Hotels, and the Ascend Hotel Collection.