Choice Hotels International, Inc. (NYSE:CHH) Announces $0.29 Quarterly Dividend

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.2875 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 1st.

Choice Hotels International has raised its dividend by an average of 0.4%per year over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Choice Hotels International to earn $7.86 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 14.6%.

Choice Hotels International Stock Performance

Shares of NYSE:CHH traded up $6.20 during midday trading on Wednesday, hitting $112.36. The stock had a trading volume of 749,459 shares, compared to its average volume of 668,417. The company has a market capitalization of $5.11 billion, a PE ratio of 15.14, a P/E/G ratio of 1.96 and a beta of 0.65. The stock has a 50 day moving average price of $106.75 and a two-hundred day moving average price of $102.03. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $136.45.

Choice Hotels International (NYSE:CHHGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.28). The firm had revenue of $340.58 million during the quarter, compared to analysts’ expectations of $333.48 million. Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The firm’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities analysts predict that Choice Hotels International will post 7.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CHH has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of Choice Hotels International in a report on Monday, May 4th. Wells Fargo & Company lifted their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Morgan Stanley lowered their target price on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. The Goldman Sachs Group lifted their target price on shares of Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, Susquehanna reduced their price objective on shares of Choice Hotels International from $115.00 to $110.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $111.75.

Read Our Latest Research Report on CHH

Choice Hotels International Company Profile

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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.

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Dividend History for Choice Hotels International (NYSE:CHH)

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