Choice Hotels International, Inc. (NYSE:CHH) Receives $133.27 Consensus PT from Analysts

Choice Hotels International, Inc. (NYSE:CHH) has earned an average rating of “Reduce” from the twelve analysts that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $135.92.

Several equities analysts have recently weighed in on CHH shares. Bank of America raised their price target on shares of Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday. Wells Fargo & Company began coverage on shares of Choice Hotels International in a research note on Thursday, December 5th. They issued an “underweight” rating and a $133.00 target price for the company. Deutsche Bank Aktiengesellschaft raised their target price on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Morgan Stanley reissued an “underweight” rating and issued a $129.00 target price (down from $145.00) on shares of Choice Hotels International in a research note on Tuesday, January 14th. Finally, Truist Financial raised their target price on shares of Choice Hotels International from $134.00 to $136.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th.

Choice Hotels International Stock Down 0.8 %

Shares of CHH opened at $147.65 on Monday. The stock has a market capitalization of $6.93 billion, a P/E ratio of 28.29, a P/E/G ratio of 2.22 and a beta of 1.24. Choice Hotels International has a twelve month low of $108.91 and a twelve month high of $153.81. The company has a 50 day moving average of $144.75 and a 200-day moving average of $135.82.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Monday, November 4th. The company reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.31. The company had revenue of $428.00 million during the quarter, compared to analysts’ expectations of $432.62 million. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business earned $1.82 EPS. On average, sell-side analysts anticipate that Choice Hotels International will post 6.84 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 0.78%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio is 22.03%.

Insider Buying and Selling at Choice Hotels International

In other news, CEO Patrick Pacious sold 7,192 shares of Choice Hotels International stock in a transaction on Friday, November 8th. The stock was sold at an average price of $144.95, for a total transaction of $1,042,480.40. Following the completion of the sale, the chief executive officer now owns 404,666 shares of the company’s stock, valued at approximately $58,656,336.70. This trade represents a 1.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 24.02% of the company’s stock.

Institutional Investors Weigh In On Choice Hotels International

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bleakley Financial Group LLC lifted its holdings in shares of Choice Hotels International by 5.5% during the fourth quarter. Bleakley Financial Group LLC now owns 2,112 shares of the company’s stock worth $300,000 after buying an additional 110 shares in the last quarter. Alliance Wealth Advisors LLC UT lifted its holdings in shares of Choice Hotels International by 6.8% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 4,275 shares of the company’s stock worth $607,000 after buying an additional 273 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Choice Hotels International by 1.0% during the fourth quarter. Boston Trust Walden Corp now owns 949,586 shares of the company’s stock worth $134,822,000 after buying an additional 9,490 shares in the last quarter. One Wealth Advisors LLC acquired a new position in Choice Hotels International in the fourth quarter valued at about $209,000. Finally, Caprock Group LLC raised its stake in Choice Hotels International by 35.2% in the fourth quarter. Caprock Group LLC now owns 4,395 shares of the company’s stock valued at $624,000 after purchasing an additional 1,144 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.