Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) Target Price at $112.46

Shares of Choice Hotels International, Inc. (NYSE:CHH) have received a consensus recommendation of “Reduce” from the fifteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $112.4615.

Several research analysts have weighed in on CHH shares. Mizuho initiated coverage on shares of Choice Hotels International in a research report on Thursday, August 27th. They set a “neutral” rating and a $106.00 target price on the stock. Truist Financial lifted their price target on shares of Choice Hotels International from $128.00 to $129.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Susquehanna lifted their price objective on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Barclays raised their price target on Choice Hotels International from $101.00 to $102.00 and gave the company an “underweight” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley raised their target price on shares of Choice Hotels International from $86.00 to $91.00 and gave the company an “underweight” rating in a report on Tuesday, August 18th.

Insider Buying and Selling at Choice Hotels International

In other news, Director William Jews sold 5,057 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the completion of the transaction, the director directly owned 23,987 shares of the company’s stock, valued at $2,566,129.26. This trade represents a 17.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.87% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Choice Hotels International

Hedge funds have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund raised its holdings in Choice Hotels International by 2.4% during the first quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after buying an additional 100 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Choice Hotels International by 18.9% in the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after purchasing an additional 121 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Choice Hotels International by 10.7% in the 1st 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 during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Choice Hotels International during the fourth quarter worth approximately $27,000. Finally, Hanson & Doremus Investment Management bought a new stake in Choice Hotels International during the first quarter worth approximately $39,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Trading Up 2.2%

Shares of CHH stock opened at $99.00 on Friday. The business’s fifty day moving average price is $105.80 and its 200 day moving average price is $107.51. Choice Hotels International has a 1-year low of $84.04 and a 1-year high of $123.82. The firm has a market capitalization of $4.46 billion, a PE ratio of 13.98, a P/E/G ratio of 2.45 and a beta of 0.66. The company has a debt-to-equity ratio of 14.08, a current ratio of 0.93 and a quick ratio of 0.93.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share 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 business had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. During the same period in the prior year, the company posted $1.92 EPS. The business’s revenue for the quarter 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 forecast that Choice Hotels International will post 6.97 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a $0.2875 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. Choice Hotels International’s dividend payout ratio is currently 16.24%.

About Choice Hotels International

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.