Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) PT at $130.80

Choice Hotels International, Inc. (NYSE:CHH) has received an average recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $130.80.

CHH has been the topic of several recent research reports. Truist Financial lifted their target price on shares of Choice Hotels International from $142.00 to $146.00 and gave the company a “hold” rating in a research report on Thursday, March 14th. StockNews.com cut shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Barclays lowered their price objective on Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating on the stock in a research note on Friday, April 19th. Robert W. Baird cut their target price on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Finally, Jefferies Financial Group raised Choice Hotels International from an “underperform” rating to a “buy” rating and boosted their price target for the company from $96.00 to $156.00 in a research note on Monday, March 11th.

Hedge Funds Weigh In On Choice Hotels International

Institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its holdings in shares of Choice Hotels International by 144.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after buying an additional 117 shares during the last quarter. Vima LLC acquired a new stake in Choice Hotels International in the 4th quarter valued at about $36,000. Wetzel Investment Advisors Inc. acquired a new stake in Choice Hotels International in the 4th quarter valued at about $45,000. Principal Securities Inc. bought a new position in shares of Choice Hotels International in the fourth quarter worth about $48,000. Finally, Fifth Third Bancorp lifted its position in shares of Choice Hotels International by 42.2% during the third quarter. Fifth Third Bancorp now owns 566 shares of the company’s stock worth $69,000 after purchasing an additional 168 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Price Performance

Shares of CHH stock opened at $120.70 on Friday. Choice Hotels International has a 12 month low of $108.91 and a 12 month high of $136.02. The company has a market capitalization of $6.00 billion, a P/E ratio of 23.85, a P/E/G ratio of 1.93 and a beta of 1.21. The stock has a 50 day moving average of $121.11 and a two-hundred day moving average of $117.12. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 30.02.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Tuesday, February 20th. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.35 by $0.09. Choice Hotels International had a return on equity of 594.23% and a net margin of 16.74%. The firm had revenue of $358.40 million during the quarter, compared to analysts’ expectations of $369.44 million. During the same period last year, the business earned $1.26 earnings per share. Choice Hotels International’s quarterly revenue was down 1.0% compared to the same quarter last year. As a group, equities analysts expect that Choice Hotels International will post 6.46 EPS for the current year.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 17th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.15 dividend on an annualized basis and a yield of 0.95%. Choice Hotels International’s dividend payout ratio is 22.73%.

Choice Hotels International Company Profile

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.