Brokerages expect Choice Hotels International Inc (NYSE:CHH) to report $0.60 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Choice Hotels International’s earnings, with estimates ranging from $0.59 to $0.61. Choice Hotels International reported earnings per share of $0.51 during the same quarter last year, which would suggest a positive year over year growth rate of 17.6%. The firm is scheduled to announce its next earnings report on Thursday, May 3rd.
According to Zacks, analysts expect that Choice Hotels International will report full year earnings of $3.64 per share for the current year, with EPS estimates ranging from $3.62 to $3.68. For the next year, analysts expect that the firm will post earnings of $4.03 per share, with EPS estimates ranging from $3.76 to $4.26. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Choice Hotels International.
Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The company had revenue of $237.57 million for the quarter, compared to analyst estimates of $227.65 million. Choice Hotels International had a net margin of 11.40% and a negative return on equity of 68.40%. The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 earnings per share.
In other Choice Hotels International news, Director William L. Jews sold 3,250 shares of the business’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $78.26, for a total transaction of $254,345.00. Following the completion of the sale, the director now owns 37,799 shares in the company, valued at $2,958,149.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP John Bonds sold 14,820 shares of the business’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $83.50, for a total transaction of $1,237,470.00. Following the sale, the senior vice president now owns 14,272 shares of the company’s stock, valued at approximately $1,191,712. The disclosure for this sale can be found here. In the last 90 days, insiders sold 61,995 shares of company stock valued at $4,992,967. Insiders own 22.01% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the business. Xact Kapitalforvaltning AB bought a new stake in Choice Hotels International during the fourth quarter valued at $221,000. Verition Fund Management LLC increased its stake in Choice Hotels International by 28.8% during the fourth quarter. Verition Fund Management LLC now owns 4,545 shares of the company’s stock valued at $353,000 after purchasing an additional 1,015 shares during the last quarter. Teachers Advisors LLC increased its stake in Choice Hotels International by 3.3% during the fourth quarter. Teachers Advisors LLC now owns 345,351 shares of the company’s stock valued at $26,799,000 after purchasing an additional 10,906 shares during the last quarter. Paloma Partners Management Co bought a new stake in Choice Hotels International during the fourth quarter valued at $300,000. Finally, Two Sigma Investments LP bought a new stake in Choice Hotels International during the fourth quarter valued at $447,000. Hedge funds and other institutional investors own 51.51% of the company’s stock.
Shares of Choice Hotels International (NYSE CHH) opened at $84.40 on Tuesday. The stock has a market cap of $4,800.00, a P/E ratio of 30.92, a PEG ratio of 2.36 and a beta of 1.15. Choice Hotels International has a 12 month low of $59.60 and a 12 month high of $84.55. The company has a debt-to-equity ratio of -3.42, a quick ratio of 1.37 and a current ratio of 1.37.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 17th. Investors of record on Monday, April 2nd will be paid a $0.215 dividend. The ex-dividend date is Thursday, March 29th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.02%. Choice Hotels International’s dividend payout ratio (DPR) is presently 31.50%.
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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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