Choice Hotels International, Inc. (NYSE:CHH) Receives Consensus Recommendation of “Hold” from Brokerages

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) has received an average rating of “Hold” from the ten analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $131.40.

Several analysts recently issued reports on CHH shares. JPMorgan Chase & Co. upgraded Choice Hotels International from an “underweight” rating to a “neutral” rating and set a $115.00 price target for the company in a report on Thursday, December 14th. Barclays increased their price target on Choice Hotels International from $114.00 to $119.00 and gave the company an “underweight” rating in a report on Wednesday, February 21st. Jefferies Financial Group upgraded Choice Hotels International from an “underperform” rating to a “buy” rating and raised their target price for the company from $96.00 to $156.00 in a research note on Monday, March 11th. Robert W. Baird restated an “outperform” rating and set a $138.00 target price on shares of Choice Hotels International in a research note on Monday, January 22nd. Finally, Truist Financial raised their target price on Choice Hotels International from $142.00 to $146.00 and gave the company a “hold” rating in a research note on Thursday, March 14th.

Check Out Our Latest Analysis on CHH

Hedge Funds Weigh In On Choice Hotels International

Large investors have recently modified their holdings of the stock. Benjamin Edwards Inc. bought a new position in shares of Choice Hotels International during the second quarter worth about $27,000. Dark Forest Capital Management LP bought a new position in shares of Choice Hotels International during the first quarter worth about $28,000. Vima LLC bought a new position in shares of Choice Hotels International during the fourth quarter worth about $36,000. Wetzel Investment Advisors Inc. bought a new position in shares of Choice Hotels International during the fourth quarter worth about $45,000. Finally, Principal Securities Inc. bought a new position in Choice Hotels International in the fourth quarter worth about $48,000. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Trading Down 2.1 %

CHH stock opened at $123.69 on Tuesday. Choice Hotels International has a 52 week low of $108.91 and a 52 week high of $136.02. The company has a market cap of $6.13 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 2.16 and a beta of 1.21. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 30.02. The business has a fifty day simple moving average of $120.86 and a 200-day simple moving average of $117.38.

Choice Hotels International (NYSE:CHHGet Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.09. Choice Hotels International had a return on equity of 594.23% and a net margin of 16.74%. The firm had revenue of $358.40 million during the quarter, compared to the consensus estimate of $369.44 million. During the same period in the prior year, the firm earned $1.26 EPS. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. On average, equities research analysts expect that Choice Hotels International will post 6.45 EPS for the current year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 17th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, April 1st. This represents a $1.15 annualized dividend and a dividend yield of 0.93%. Choice Hotels International’s payout ratio is 22.73%.

Choice Hotels International Company Profile

(Get Free Report

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.

Recommended Stories

Analyst Recommendations for Choice Hotels International (NYSE:CHH)

Receive News & Ratings for Choice Hotels International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International and related companies with MarketBeat.com's FREE daily email newsletter.