Choice Hotels International, Inc. (NYSE:CHH – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $105.58 and traded as high as $113.66. Choice Hotels International shares last traded at $111.19, with a volume of 437,066 shares traded.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Robert W. Baird set a $128.00 price objective on shares of Choice Hotels International in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of Choice Hotels International in a research note on Monday, May 4th. Barclays lowered their target price on Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating on the stock in a report on Thursday, April 30th. JPMorgan Chase & Co. dropped their price target on Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, Morgan Stanley cut their price target on Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $111.67.
View Our Latest Research Report on Choice Hotels International
Choice Hotels International Trading Down 0.8%
Choice Hotels International (NYSE:CHH – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.28). The firm had revenue of $340.57 million during the quarter, compared to analyst estimates of $333.48 million. Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.34 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. Research analysts anticipate that Choice Hotels International, Inc. will post 7.11 earnings per share for the current fiscal year.
Choice Hotels International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 1st. Choice Hotels International’s payout ratio is presently 15.50%.
Insider Activity at Choice Hotels International
In related news, CFO Scott E. Oaksmith sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the transaction, the chief financial officer directly owned 35,172 shares in the company, valued at approximately $3,868,920. This represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 23.78% of the company’s stock.
Hedge Funds Weigh In On Choice Hotels International
Hedge funds have recently modified their holdings of the business. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Choice Hotels International during the 4th quarter worth about $27,000. Eagle Bay Advisors LLC acquired a new position in Choice Hotels International in the fourth quarter valued at about $28,000. Quarry LP acquired a new position in Choice Hotels International in the third quarter valued at about $38,000. Hanson & Doremus Investment Management purchased a new position in Choice Hotels International during the first quarter worth about $39,000. Finally, UMB Bank n.a. boosted its stake in Choice Hotels International by 6,416.7% during the fourth quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $37,000 after buying an additional 385 shares during the period. 65.57% of the stock is currently owned by hedge funds and other institutional investors.
Choice Hotels International Company Profile
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.
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