Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) Price Target at $109.08

Shares of Choice Hotels International, Inc. (NYSE:CHH) have been given a consensus rating of “Reduce” by the fourteen ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $109.0769.

A number of research firms have recently commented on CHH. Wells Fargo & Company began coverage on shares of Choice Hotels International in a research note on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price objective for the company. The Goldman Sachs Group lowered Choice Hotels International from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $124.00 to $90.00 in a report on Monday, December 15th. Susquehanna decreased their price target on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Truist Financial set a $126.00 price target on Choice Hotels International and gave the stock a “buy” rating in a research report on Friday, January 9th. Finally, Morgan Stanley cut their price objective on Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating for the company in a report on Wednesday, October 22nd.

Institutional Investors Weigh In On Choice Hotels International

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kilter Group LLC acquired a new position in Choice Hotels International during the second quarter worth approximately $25,000. Whittier Trust Co. lifted its position in shares of Choice Hotels International by 138.5% in the second quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $37,000 after buying an additional 169 shares during the last quarter. Toth Financial Advisory Corp bought a new position in shares of Choice Hotels International during the 2nd quarter worth approximately $38,000. Quarry LP acquired a new position in shares of Choice Hotels International during the 3rd quarter worth approximately $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Choice Hotels International by 119.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock worth $49,000 after acquiring an additional 212 shares during the last quarter. 65.57% of the stock is owned by institutional investors.

Choice Hotels International Price Performance

NYSE CHH opened at $107.86 on Monday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81. Choice Hotels International has a 12-month low of $84.04 and a 12-month high of $157.86. The company has a market capitalization of $4.99 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 8.56 and a beta of 0.77. The firm’s 50 day moving average is $94.80 and its 200-day moving average is $108.44.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.08). The business had revenue of $278.00 million for the quarter, compared to analyst estimates of $419.75 million. Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.23 EPS. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Equities research analysts anticipate that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, January 2nd. Choice Hotels International’s dividend payout ratio (DPR) is 14.13%.

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.