Choice Hotels International (NYSE:CHH) Given New $117.00 Price Target at JPMorgan Chase & Co.

Choice Hotels International (NYSE:CHH) had its price objective raised by JPMorgan Chase & Co. from $109.00 to $117.00 in a report issued on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

CHH has been the subject of a number of other research reports. The Goldman Sachs Group upped their price objective on shares of Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Wells Fargo & Company raised their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the stock an “underweight” rating in a research report on Friday, February 20th. Truist Financial boosted their target price on shares of Choice Hotels International from $126.00 to $129.00 and gave the company a “buy” rating in a report on Thursday, March 26th. 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. Finally, Jefferies Financial Group downgraded shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $110.58.

Choice Hotels International Stock Performance

CHH opened at $120.43 on Tuesday. Choice Hotels International has a 1-year low of $84.04 and a 1-year high of $136.45. The stock has a market cap of $5.54 billion, a P/E ratio of 15.21, a P/E/G ratio of 5.42 and a beta of 0.74. The stock’s 50 day simple moving average is $105.95 and its 200 day simple moving average is $100.72. The company has a debt-to-equity ratio of 10.52, a current ratio of 0.87 and a quick ratio of 0.87.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.04. The firm had revenue of $390.15 million during the quarter, compared to the consensus estimate of $369.26 million. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the firm posted $1.55 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities analysts anticipate that Choice Hotels International will post 7.22 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, April 1st. Choice Hotels International’s payout ratio is presently 14.52%.

Insiders Place Their Bets

In related news, CFO Scott E. Oaksmith sold 1,603 shares of the company’s stock in a transaction 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 sale, the chief financial officer directly owned 37,172 shares of the company’s stock, valued at $3,717,200. This represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Simone Wu sold 8,080 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were 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 approximately $4,956,432.68. This trade represents a 14.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,283 shares of company stock worth $1,040,947 in the last quarter. 24.02% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CHH. Bamco Inc. NY grew its position in Choice Hotels International by 37.8% in the 4th quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock worth $703,645,000 after purchasing an additional 2,026,679 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Choice Hotels International by 151.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock valued at $48,833,000 after buying an additional 308,771 shares during the last quarter. Norges Bank bought a new stake in shares of Choice Hotels International during the fourth quarter valued at approximately $28,910,000. Wellington Management Group LLP boosted its position in shares of Choice Hotels International by 55.1% during the fourth quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock worth $54,739,000 after buying an additional 204,146 shares during the period. Finally, Tudor Investment Corp ET AL boosted its position in shares of Choice Hotels International by 208.1% during the fourth quarter. Tudor Investment Corp ET AL now owns 280,513 shares of the company’s stock worth $26,722,000 after buying an additional 189,464 shares during the period. 65.57% of the stock is 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.