Choice Hotels International (NYSE:CHH) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Choice Hotels International, Inc. (NYSE:CHH)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $107.35 and traded as high as $110.79. Choice Hotels International shares last traded at $109.4010, with a volume of 480,705 shares changing hands.

Analyst Ratings Changes

Several research firms have recently commented on CHH. JPMorgan Chase & Co. decreased their target price on shares of 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. Robert W. Baird set a $128.00 price target on shares of Choice Hotels International in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft set a $114.00 price target on Choice Hotels International in a research note on Monday, May 4th. Morgan Stanley decreased their price objective 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. Finally, Truist Financial lowered their price objective on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Choice Hotels International has a consensus rating of “Reduce” and a consensus target price of $111.67.

Choice Hotels International Stock Up 1.0%

The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58. The stock has a market capitalization of $4.98 billion, a PE ratio of 14.74, a P/E/G ratio of 5.18 and a beta of 0.67. The stock’s fifty day simple moving average is $110.01 and its 200-day simple moving average is $107.35.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Thursday, April 30th. The company reported $1.07 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.28). Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The firm had revenue of $340.57 million during the quarter, compared to analysts’ expectations of $333.48 million. During the same quarter in the prior year, the company earned $1.34 EPS. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, sell-side analysts forecast that Choice Hotels International, Inc. will post 7.11 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a $0.2875 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s dividend payout ratio (DPR) is 15.50%.

Insider Activity at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 2,000 shares of the business’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 owned 35,172 shares in the company, valued at $3,868,920. The trade was a 5.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 23.87% of the stock is currently owned by corporate insiders.

Institutional Trading of Choice Hotels International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. purchased a new position in Choice Hotels International in the first quarter worth $324,000. Goldman Sachs Group Inc. raised its stake in shares of Choice Hotels International by 13.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company’s stock worth $14,610,000 after purchasing an additional 12,904 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Choice Hotels International by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company’s stock worth $14,408,000 after purchasing an additional 8,887 shares during the period. Jane Street Group LLC raised its stake in shares of Choice Hotels International by 89.8% during the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company’s stock worth $6,657,000 after purchasing an additional 23,726 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in shares of Choice Hotels International by 35.2% in the 2nd quarter. Prudential Financial Inc. now owns 2,139 shares of the company’s stock worth $299,000 after buying an additional 557 shares during the last quarter. 65.57% of the stock is 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.