Choice Hotels International (NYSE:CHH) Price Target Raised to $129.00 at Truist Financial

Choice Hotels International (NYSE:CHH) had its price target increased by Truist Financial from $126.00 to $129.00 in a research note issued to investors on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $119.00 price target on shares of Choice Hotels International in a research report on Friday, February 20th. Susquehanna lowered their price target on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Morgan Stanley cut their price objective on Choice Hotels International from $91.00 to $83.00 and set an “underweight” rating for the company in a research report on Tuesday, March 10th. JPMorgan Chase & Co. upped their price objective on shares of Choice Hotels International from $95.00 to $102.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Finally, The Goldman Sachs Group increased their price objective on shares of Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Choice Hotels International presently has a consensus rating of “Reduce” and an average price target of $110.00.

Choice Hotels International Stock Performance

CHH opened at $101.46 on Thursday. Choice Hotels International has a twelve month low of $84.04 and a twelve month high of $136.45. The firm has a market capitalization of $4.66 billion, a PE ratio of 12.81, a PEG ratio of 4.42 and a beta of 0.75. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 10.52. The firm’s 50-day moving average price is $104.17 and its 200 day moving average price is $100.80.

Choice Hotels International (NYSE:CHH) last released its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The business had revenue of $390.15 million for the quarter, compared to analyst estimates of $369.26 million. During the same period last year, the company posted $1.55 EPS. The business’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, sell-side analysts expect that Choice Hotels International will post 7.07 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a $0.2875 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.1%. Choice Hotels International’s dividend payout ratio is presently 14.52%.

Insider Activity

In related news, SVP Simone Wu sold 8,080 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $101.56, for a total transaction of $820,604.80. Following the completion of the sale, the senior vice president owned 48,803 shares in the company, valued at $4,956,432.68. The trade was a 14.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Scott E. Oaksmith sold 1,603 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $100.00, for a total value of $160,300.00. Following the completion of the transaction, the chief financial officer directly owned 37,172 shares of the company’s stock, valued at $3,717,200. This trade represents a 4.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,283 shares of company stock worth $1,040,947 in the last three months. Corporate insiders own 23.78% of the company’s stock.

Institutional Investors Weigh In On Choice Hotels International

Several hedge funds and other institutional investors have recently bought and sold shares of CHH. Rockefeller Capital Management L.P. boosted its stake in Choice Hotels International by 293.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,216 shares of the company’s stock valued at $211,000 after acquiring an additional 1,653 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Choice Hotels International in the 4th quarter valued at about $1,682,000. Alpine Global Management LLC acquired a new stake in shares of Choice Hotels International in the 4th quarter valued at about $214,000. Invesco Ltd. grew its stake in Choice Hotels International by 65.0% during the 4th quarter. Invesco Ltd. now owns 242,985 shares of the company’s stock worth $23,147,000 after buying an additional 95,736 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Choice Hotels International by 10.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,849 shares of the company’s stock worth $367,000 after buying an additional 354 shares during the period. 65.57% of the stock is currently owned by institutional investors and hedge funds.

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.