Equities research analysts forecast that Choice Hotels International, Inc. (NYSE:CHH) will report earnings of $0.92 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Choice Hotels International’s earnings, with the lowest EPS estimate coming in at $0.91 and the highest estimate coming in at $0.95. Choice Hotels International reported earnings per share of $0.84 during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.5%. The firm is expected to issue its next quarterly earnings results before the market opens on Monday, November 6th.

On average, analysts expect that Choice Hotels International will report full year earnings of $2.85 per share for the current financial year, with EPS estimates ranging from $2.83 to $2.90. For the next financial year, analysts forecast that the firm will report earnings of $3.14 per share, with EPS estimates ranging from $3.07 to $3.25. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Choice Hotels International.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.02. The business had revenue of $276.80 million during the quarter, compared to the consensus estimate of $254.68 million. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 51.30%. The business’s revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS.

Several equities research analysts have issued reports on the company. TheStreet raised Choice Hotels International from a “c+” rating to a “b” rating in a report on Wednesday, October 18th. Zacks Investment Research raised Choice Hotels International from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a report on Tuesday, October 17th. BidaskClub raised Choice Hotels International from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Barclays PLC reaffirmed an “underweight” rating and set a $60.00 price target (down previously from $61.00) on shares of Choice Hotels International in a report on Friday, August 4th. Finally, Deutsche Bank AG cut their price target on Choice Hotels International from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Choice Hotels International presently has an average rating of “Hold” and a consensus target price of $63.14.

In other Choice Hotels International news, major shareholder Bruce Bainum sold 7,977 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $62.15, for a total transaction of $495,770.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider David A. Pepper sold 10,217 shares of the stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $61.07, for a total value of $623,952.19. Following the transaction, the insider now owns 79,010 shares in the company, valued at approximately $4,825,140.70. The disclosure for this sale can be found here. Insiders have sold a total of 40,320 shares of company stock worth $2,490,287 in the last quarter. Company insiders own 22.01% of the company’s stock.

A number of hedge funds have recently bought and sold shares of CHH. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Choice Hotels International by 10.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,611 shares of the company’s stock worth $104,000 after buying an additional 157 shares during the period. The Manufacturers Life Insurance Company increased its position in Choice Hotels International by 6.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,651 shares of the company’s stock worth $106,000 after buying an additional 106 shares during the period. Quantbot Technologies LP bought a new position in Choice Hotels International during the 2nd quarter worth $108,000. KBC Group NV bought a new position in shares of Choice Hotels International in the first quarter worth $120,000. Finally, Huntington National Bank increased its position in shares of Choice Hotels International by 4.7% in the second quarter. Huntington National Bank now owns 2,709 shares of the company’s stock worth $174,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 50.26% of the company’s stock.

Shares of Choice Hotels International (NYSE:CHH) opened at 67.95 on Monday. The firm has a market cap of $3.81 billion, a P/E ratio of 25.10 and a beta of 1.12. The stock’s 50 day moving average is $64.00 and its 200-day moving average is $63.67. Choice Hotels International has a one year low of $44.10 and a one year high of $68.80.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 17th. Shareholders of record on Monday, October 2nd were given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.27%. The ex-dividend date was Friday, September 29th. Choice Hotels International’s payout ratio is 31.85%.

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Choice Hotels International Company Profile

Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

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Earnings History and Estimates for Choice Hotels International (NYSE:CHH)

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