Choice Hotels International (CHH) Scheduled to Post Quarterly Earnings on Tuesday

Choice Hotels International (NYSE:CHHGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 10th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Choice Hotels International (NYSE:CHHGet Rating) last issued its quarterly earnings data on Wednesday, February 16th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.81 by $0.18. Choice Hotels International had a return on equity of 160.24% and a net margin of 27.02%. The firm had revenue of $284.60 million during the quarter, compared to analyst estimates of $274.85 million. During the same quarter in the prior year, the business posted $0.51 EPS. The business’s revenue for the quarter was up 47.2% compared to the same quarter last year. On average, analysts expect Choice Hotels International to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of CHH opened at $139.38 on Tuesday. Choice Hotels International has a 12 month low of $108.75 and a 12 month high of $157.46. The stock has a fifty day moving average price of $140.48 and a 200-day moving average price of $144.20. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 3.17. The firm has a market cap of $7.77 billion, a PE ratio of 27.06, a P/E/G ratio of 2.49 and a beta of 1.41.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 15th. Stockholders of record on Friday, April 1st were issued a dividend of $0.2375 per share. The ex-dividend date was Thursday, March 31st. This represents a $0.95 annualized dividend and a dividend yield of 0.68%. Choice Hotels International’s dividend payout ratio is presently 18.45%.

In other Choice Hotels International news, insider David A. Pepper sold 300 shares of the stock in a transaction dated Wednesday, April 20th. The stock was sold at an average price of $150.07, for a total transaction of $45,021.00. Following the sale, the insider now directly owns 30,312 shares of the company’s stock, valued at approximately $4,548,921.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Pepper sold 21,207 shares of the stock in a transaction dated Tuesday, February 15th. The stock was sold at an average price of $150.22, for a total value of $3,185,715.54. The disclosure for this sale can be found here. Insiders have sold a total of 22,248 shares of company stock worth $3,331,979 over the last ninety days. 21.15% of the stock is owned by insiders.

Several large investors have recently bought and sold shares of the company. JustInvest LLC acquired a new stake in shares of Choice Hotels International during the 4th quarter valued at about $669,000. BlackRock Inc. grew its position in shares of Choice Hotels International by 2.2% during the 4th quarter. BlackRock Inc. now owns 2,813,657 shares of the company’s stock valued at $438,901,000 after acquiring an additional 60,462 shares during the period. Vident Investment Advisory LLC grew its position in shares of Choice Hotels International by 5.9% during the 4th quarter. Vident Investment Advisory LLC now owns 7,067 shares of the company’s stock valued at $1,102,000 after acquiring an additional 391 shares during the period. Wells Fargo & Company MN grew its position in shares of Choice Hotels International by 40.9% during the 4th quarter. Wells Fargo & Company MN now owns 39,583 shares of the company’s stock valued at $6,176,000 after acquiring an additional 11,492 shares during the period. Finally, Comerica Bank grew its position in shares of Choice Hotels International by 0.5% during the 4th quarter. Comerica Bank now owns 14,933 shares of the company’s stock valued at $2,151,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 57.64% of the company’s stock.

A number of brokerages recently issued reports on CHH. Deutsche Bank Aktiengesellschaft raised their target price on Choice Hotels International from $128.00 to $131.00 in a research note on Thursday, February 17th. Morgan Stanley raised their target price on Choice Hotels International from $136.00 to $137.00 and gave the stock an “underweight” rating in a research note on Friday, February 18th. Finally, StockNews.com upgraded Choice Hotels International from a “hold” rating to a “buy” rating in a research note on Friday, March 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $140.00.

About Choice Hotels International (Get Rating)

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection.

See Also

Earnings History for Choice Hotels International (NYSE:CHH)

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