Choice Hotels International (NYSE:CHH) Price Target Raised to $118.00

Choice Hotels International (NYSE:CHH) had its price objective increased by JPMorgan Chase & Co. from $116.00 to $118.00 in a research note released on Tuesday,Benzinga reports. They currently have a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Robert W. Baird set a $128.00 price objective on shares of Choice Hotels International in a research report on Monday, May 11th. Wells Fargo & Company raised their target price on shares of Choice Hotels International from $98.00 to $99.00 and gave the company an “underweight” rating in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of Choice Hotels International in a research report on Monday, May 4th. Truist Financial cut their price target on shares of Choice Hotels International from $129.00 to $128.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Choice Hotels International in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $111.00.

Choice Hotels International Price Performance

Shares of NYSE CHH opened at $107.94 on Tuesday. The stock has a market capitalization of $4.91 billion, a PE ratio of 14.55, a P/E/G ratio of 4.29 and a beta of 0.67. The company has a debt-to-equity ratio of 14.58, a current ratio of 0.95 and a quick ratio of 0.95. The business has a fifty day moving average price of $110.43 and a two-hundred day moving average price of $107.93. Choice Hotels International has a fifty-two week low of $84.04 and a fifty-two week high of $135.36.

Choice Hotels International (NYSE:CHH) last released its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share 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 the consensus estimate of $333.48 million. Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.34 earnings per share. 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 7.14 earnings per share for the current fiscal year.

Choice Hotels International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.15 annualized dividend and a dividend yield of 1.1%. Choice Hotels International’s dividend payout ratio (DPR) is 15.50%.

Insiders Place Their Bets

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 2,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the completion of the transaction, the chief financial officer owned 35,172 shares of the company’s stock, valued at $3,868,920. This represents a 5.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 23.87% of the stock is owned by corporate insiders.

Institutional Trading of Choice Hotels International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. bought a new position in Choice Hotels International in the 4th quarter valued at approximately $27,000. Eagle Bay Advisors LLC acquired a new stake in Choice Hotels International during the 4th quarter worth approximately $28,000. Fifth Third Bancorp grew its holdings in Choice Hotels International by 77.4% during the 4th quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock worth $37,000 after acquiring an additional 171 shares during the last quarter. UMB Bank n.a. grew its holdings in Choice Hotels International by 6,416.7% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $37,000 after acquiring an additional 385 shares during the last quarter. Finally, Quarry LP acquired a new position in Choice Hotels International in the 3rd quarter valued at approximately $38,000. 65.57% of the stock is currently owned by institutional investors.

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.