Choice Hotels International (NYSE:CHH) Price Target Cut to $83.00 by Analysts at Morgan Stanley

Choice Hotels International (NYSE:CHH) had its target price cut by Morgan Stanley from $91.00 to $83.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have an underweight rating on the stock.

Several other research firms also recently issued reports on CHH. Truist Financial set a $126.00 target price on shares of Choice Hotels International and gave the company a “buy” rating in a research note on Friday, January 9th. Robert W. Baird cut their target price on shares of Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating for the company in a research report on Tuesday, November 18th. Weiss Ratings upgraded shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Susquehanna lowered their price target on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Finally, Wells Fargo & Company lifted their price objective on Choice Hotels International from $91.00 to $110.00 and gave the stock an “underweight” rating in a research note on Friday, February 20th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Choice Hotels International currently has an average rating of “Reduce” and a consensus price target of $111.36.

Choice Hotels International Stock Down 2.1%

Shares of CHH stock opened at $96.07 on Tuesday. The stock’s 50 day simple moving average is $105.36 and its 200 day simple moving average is $102.26. Choice Hotels International has a twelve month low of $84.04 and a twelve month high of $144.16. 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 capitalization of $4.42 billion, a price-to-earnings ratio of 12.13, a PEG ratio of 4.34 and a beta of 0.75.

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

Choice Hotels International Announces Dividend

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

Insider Buying and Selling

In other Choice Hotels International news, SVP Simone Wu sold 8,080 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $101.56, for a total value of $820,604.80. Following the completion of the sale, the senior vice president directly owned 48,803 shares of the company’s stock, valued at $4,956,432.68. This represents a 14.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 24.02% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bamco Inc. NY lifted its stake in shares of Choice Hotels International by 37.8% in the fourth quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock valued at $703,645,000 after buying an additional 2,026,679 shares during the period. Vanguard Group Inc. increased its stake in Choice Hotels International by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,331,972 shares of the company’s stock valued at $222,144,000 after acquiring an additional 27,032 shares during the period. Boston Trust Walden Corp raised its holdings in Choice Hotels International by 8.4% in the 3rd quarter. Boston Trust Walden Corp now owns 1,046,784 shares of the company’s stock valued at $111,912,000 after acquiring an additional 81,132 shares in the last quarter. Rock Creek Group LP raised its holdings in Choice Hotels International by 52.3% in the 2nd quarter. Rock Creek Group LP now owns 811,579 shares of the company’s stock valued at $102,973,000 after acquiring an additional 278,715 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Choice Hotels International by 55.1% in the 4th quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock worth $54,739,000 after acquiring an additional 204,146 shares during the period. Institutional investors own 65.57% of the company’s stock.

About Choice Hotels International

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.