Choice Hotels International, Inc. (NYSE:CHH) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Choice Hotels International, Inc. (NYSE:CHH) have earned an average recommendation of “Reduce” from the fourteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $109.0769.

A number of research analysts have recently issued reports on the stock. UBS Group dropped their price target on shares of Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating on the stock in a research report on Wednesday. Barclays lowered their target price on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating for the company in a research note on Friday, November 7th. Morgan Stanley cut their price target on shares of Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 22nd. Bank of America lowered Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective for the company. in a research report on Monday, September 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Choice Hotels International in a research note on Thursday, October 30th.

Institutional Trading of Choice Hotels International

Several large investors have recently modified their holdings of CHH. Advisory Services Network LLC acquired a new position in shares of Choice Hotels International during the 3rd quarter valued at $57,000. Morningstar Investment Management LLC bought a new stake in Choice Hotels International in the third quarter valued at $348,000. Armistice Capital LLC acquired a new position in shares of Choice Hotels International during the third quarter valued at about $293,000. CANADA LIFE ASSURANCE Co boosted its position in shares of Choice Hotels International by 1.0% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 22,345 shares of the company’s stock worth $2,421,000 after purchasing an additional 225 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Choice Hotels International in the 3rd quarter valued at about $986,000. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Stock Up 2.5%

Shares of NYSE:CHH opened at $108.17 on Monday. The business has a fifty day simple moving average of $93.95 and a 200 day simple moving average of $108.72. Choice Hotels International has a 12-month low of $84.04 and a 12-month high of $157.86. The firm has a market cap of $5.00 billion, a P/E ratio of 13.29, a P/E/G ratio of 8.54 and a beta of 0.77. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.08). The company had revenue of $278.00 million during the quarter, compared to analyst estimates of $419.75 million. Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.23 EPS. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Analysts predict that Choice Hotels International will post 7.07 earnings per share for the current year.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s payout ratio is 14.13%.

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.