Choice Hotels International, Inc. (NYSE:CHH – Get Rating) has been given an average rating of "Hold" by the ten brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $126.11.
Several brokerages recently issued reports on CHH. Wells Fargo & Company lowered shares of Choice Hotels International from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $130.00 to $123.00 in a report on Monday, August 29th. JPMorgan Chase & Co. reduced their target price on shares of Choice Hotels International from $126.00 to $110.00 and set an "underweight" rating on the stock in a report on Tuesday, August 9th. UBS Group lowered shares of Choice Hotels International from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $167.00 to $124.00 in a research note on Tuesday, August 2nd. Barclays boosted their target price on shares of Choice Hotels International from $107.00 to $108.00 and gave the company an "underweight" rating in a research report on Friday, August 5th. Finally, Robert W. Baird boosted their target price on shares of Choice Hotels International from $129.00 to $133.00 and gave the company a "neutral" rating in a research report on Thursday, September 15th.
Get Choice Hotels International alerts:Hedge Funds Weigh In On Choice Hotels International
Large investors have recently modified their holdings of the stock. Verition Fund Management LLC bought a new stake in shares of Choice Hotels International during the 2nd quarter valued at about $420,000. Captrust Financial Advisors raised its holdings in Choice Hotels International by 28.0% during the 2nd quarter. Captrust Financial Advisors now owns 599 shares of the company's stock valued at $67,000 after buying an additional 131 shares during the period. Legal & General Group Plc raised its holdings in Choice Hotels International by 16.2% during the 2nd quarter. Legal & General Group Plc now owns 58,873 shares of the company's stock valued at $6,572,000 after buying an additional 8,196 shares during the period. ExodusPoint Capital Management LP purchased a new stake in Choice Hotels International during the 2nd quarter valued at $1,125,000. Finally, Price T Rowe Associates Inc. MD increased its stake in Choice Hotels International by 3.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 544,632 shares of the company's stock worth $60,797,000 after purchasing an additional 17,707 shares during the period. Hedge funds and other institutional investors own 61.37% of the company's stock.
Choice Hotels International Stock Performance
Shares of CHH opened at $109.52 on Friday. The firm has a 50-day moving average of $115.01 and a 200-day moving average of $123.69. Choice Hotels International has a one year low of $104.15 and a one year high of $157.46. The company has a market cap of $6.11 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.64 and a beta of 1.32. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.69 and a quick ratio of 1.69.Choice Hotels International (NYSE:CHH – Get Rating) last announced its earnings results on Thursday, August 4th. The company reported $1.43 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.04). Choice Hotels International had a return on equity of 92.23% and a net margin of 28.72%. The company had revenue of $367.80 million for the quarter, compared to the consensus estimate of $322.24 million. During the same period in the previous year, the firm posted $1.22 EPS. The business's quarterly revenue was up 32.1% on a year-over-year basis. As a group, equities analysts forecast that Choice Hotels International will post 5.22 earnings per share for the current year.
Choice Hotels International Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Monday, October 3rd will be issued a dividend of $0.2375 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Friday, September 30th. Choice Hotels International's dividend payout ratio (DPR) is presently 15.06%.
Choice Hotels International Company Profile
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Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection.
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