Choice Hotels International (NYSE:CHH) Issues Earnings Results

Choice Hotels International (NYSE:CHHGet Free Report) released its quarterly earnings results on Wednesday. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.08), Zacks reports. Choice Hotels International had a net margin of 19.52% and a negative return on equity of 575.73%. The firm had revenue of $447.34 million for the quarter, compared to the consensus estimate of $419.75 million. During the same period in the previous year, the company earned $2.23 earnings per share. Choice Hotels International’s quarterly revenue was up 4.4% compared to the same quarter last year. Choice Hotels International updated its FY 2025 guidance to 6.820-7.050 EPS.

Choice Hotels International Stock Up 1.5%

CHH stock traded up $1.46 during trading on Thursday, reaching $98.43. The company’s stock had a trading volume of 422,804 shares, compared to its average volume of 442,414. Choice Hotels International has a 1 year low of $90.97 and a 1 year high of $157.86. The company has a market capitalization of $4.55 billion, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 6.60 and a beta of 0.83. The company’s fifty day moving average is $105.66 and its 200-day moving average is $119.54.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Wednesday, October 1st were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, October 1st. Choice Hotels International’s dividend payout ratio is presently 17.69%.

Analyst Ratings Changes

A number of research analysts have weighed in on CHH shares. Robert W. Baird lowered their target price on Choice Hotels International from $144.00 to $136.00 and set an “outperform” rating on the stock in a report on Friday, August 22nd. Bank of America cut shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective on the stock. in a research note on Monday, September 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. Barclays cut their target price on shares of Choice Hotels International from $117.00 to $101.00 and set an “underweight” rating for the company in a research report on Friday, October 3rd. Finally, UBS Group decreased their price target on shares of Choice Hotels International from $160.00 to $149.00 and set a “neutral” rating on the stock in a research report on Thursday, July 10th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $127.83.

Read Our Latest Report on CHH

Institutional Investors Weigh In On Choice Hotels International

A number of institutional investors have recently bought and sold shares of CHH. Teza Capital Management LLC increased its stake in Choice Hotels International by 5.0% in the 2nd quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock worth $260,000 after buying an additional 98 shares in the last quarter. Prudential Financial Inc. increased its stake in 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 in the last quarter. Jacobs Levy Equity Management Inc. purchased a new stake in Choice Hotels International in the 1st quarter worth $324,000. Worldquant Millennium Advisors LLC purchased a new stake in Choice Hotels International in the 2nd quarter worth $368,000. Finally, Diversify Advisory Services LLC increased its stake in Choice Hotels International by 16.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 3,038 shares of the company’s stock worth $370,000 after buying an additional 438 shares in the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Choice Hotels International (NYSE:CHH)

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