Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) Target Price at $111.67

Shares of Choice Hotels International, Inc. (NYSE:CHH) have received an average recommendation of “Reduce” from the fourteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $111.6667.

CHH has been the subject of several research analyst reports. Barclays dropped their price target on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a research report on Thursday, April 30th. Morgan Stanley lowered their price objective on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. Truist Financial dropped their price objective on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft set a $114.00 target price on Choice Hotels International in a research report on Monday, May 4th. Finally, Robert W. Baird set a $128.00 price target on Choice Hotels International in a research report on Monday, May 11th.

Choice Hotels International Trading Up 0.2%

NYSE CHH traded up $0.23 during trading hours on Monday, hitting $109.84. 508,938 shares of the company’s stock were exchanged, compared to its average volume of 605,315. The business’s 50 day moving average is $109.62 and its 200-day moving average is $106.99. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.95 and a current ratio of 0.95. Choice Hotels International has a 12-month low of $84.04 and a 12-month high of $136.45. The firm has a market capitalization of $5.00 billion, a P/E ratio of 14.80, a price-to-earnings-growth ratio of 5.24 and a beta of 0.67.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). The company had revenue of $340.57 million for 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 company’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, analysts anticipate that Choice Hotels International will post 7.11 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.0%. Choice Hotels International’s payout ratio is presently 15.50%.

Insider Transactions at Choice Hotels International

In related news, CFO Scott E. Oaksmith sold 2,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $110.00, for a total transaction of $220,000.00. Following the completion of the sale, the chief financial officer owned 35,172 shares of the company’s stock, valued at approximately $3,868,920. This represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 23.78% of the company’s stock.

Institutional Investors Weigh In On Choice Hotels International

Several large investors have recently made changes to their positions in CHH. Fenimore Asset Management Inc raised its position in Choice Hotels International by 8.7% in the fourth quarter. Fenimore Asset Management Inc now owns 193,444 shares of the company’s stock valued at $18,427,000 after purchasing an additional 15,508 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Choice Hotels International by 9,295.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 62,577 shares of the company’s stock valued at $5,961,000 after buying an additional 61,911 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Choice Hotels International in the fourth quarter valued at about $1,037,000. Bamco Inc. NY raised its holdings in shares of Choice Hotels International by 7.4% during the 3rd quarter. Bamco Inc. NY now owns 5,359,896 shares of the company’s stock valued at $573,026,000 after buying an additional 369,244 shares during the period. Finally, Erste Asset Management GmbH raised its holdings in shares of Choice Hotels International by 28.2% during the 4th quarter. Erste Asset Management GmbH now owns 250,000 shares of the company’s stock valued at $23,815,000 after buying an additional 55,000 shares during the period. Institutional investors and hedge funds own 65.57% of the company’s stock.

About Choice Hotels International

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.