Analysts predict that Choice Hotels International, Inc. (NYSE:CHH) will post earnings of $0.92 per share for the current quarter, according to Zacks. Three analysts have made estimates for Choice Hotels International’s earnings. The highest EPS estimate is $0.95 and the lowest is $0.91. Choice Hotels International reported earnings per share of $0.84 during the same quarter last year, which suggests a positive year over year growth rate of 9.5%. The company is expected to issue its next quarterly earnings report on Thursday, October 26th.

On average, analysts expect that Choice Hotels International will report full-year earnings of $2.85 per share for the current year, with EPS estimates ranging from $2.82 to $2.90. For the next financial year, analysts expect that the company will post earnings of $3.14 per share, with EPS estimates ranging from $3.07 to $3.25. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Choice Hotels International.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, August 2nd. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.02. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 51.30%. The company had revenue of $276.80 million for the quarter, compared to the consensus estimate of $254.68 million. During the same quarter in the previous year, the company earned $0.71 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year.

CHH has been the topic of a number of recent analyst reports. Zacks Investment Research cut Choice Hotels International from a “buy” rating to a “hold” rating in a research report on Friday, April 14th. Morgan Stanley cut Choice Hotels International from an “overweight” rating to an “equal weight” rating and set a $65.00 price target on the stock. in a research report on Friday, May 5th. They noted that the move was a valuation call. Telsey Advisory Group raised their price target on Choice Hotels International from $59.00 to $63.00 and gave the stock a “market perform” rating in a research report on Friday, May 5th. BidaskClub cut Choice Hotels International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, Barclays PLC restated an “underweight” rating and issued a $60.00 price target (down previously from $61.00) on shares of Choice Hotels International in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Choice Hotels International presently has a consensus rating of “Hold” and an average target price of $62.57.

Shares of Choice Hotels International (NYSE:CHH) traded down 0.74% during midday trading on Wednesday, hitting $60.50. 218,722 shares of the stock traded hands. Choice Hotels International has a 1-year low of $43.70 and a 1-year high of $67.80. The stock has a 50 day moving average of $64.51 and a 200 day moving average of $62.35. The company has a market capitalization of $3.40 billion, a P/E ratio of 22.36 and a beta of 1.11.

In other Choice Hotels International news, CEO Stephen P. Joyce sold 44,116 shares of Choice Hotels International stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $62.88, for a total value of $2,774,014.08. Following the transaction, the chief executive officer now owns 201,922 shares in the company, valued at $12,696,855.36. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Stephen P. Joyce sold 17,024 shares of Choice Hotels International stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $63.02, for a total value of $1,072,852.48. Following the completion of the transaction, the chief executive officer now owns 176,943 shares in the company, valued at approximately $11,150,947.86. The disclosure for this sale can be found here. Insiders own 22.01% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHH. Los Angeles Capital Management & Equity Research Inc. boosted its position in Choice Hotels International by 102.2% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 442,957 shares of the company’s stock worth $28,460,000 after buying an additional 223,911 shares in the last quarter. Swiss National Bank boosted its position in Choice Hotels International by 2.0% in the second quarter. Swiss National Bank now owns 61,267 shares of the company’s stock worth $3,936,000 after buying an additional 1,200 shares in the last quarter. Crawford Investment Counsel Inc. boosted its position in Choice Hotels International by 105.8% in the second quarter. Crawford Investment Counsel Inc. now owns 115,975 shares of the company’s stock worth $7,451,000 after buying an additional 59,625 shares in the last quarter. Keybank National Association OH boosted its position in Choice Hotels International by 17.2% in the second quarter. Keybank National Association OH now owns 25,550 shares of the company’s stock worth $1,642,000 after buying an additional 3,750 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Choice Hotels International by 10.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,611 shares of the company’s stock worth $104,000 after buying an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 49.70% of the company’s stock.

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Choice Hotels International Company Profile

Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

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Earnings History and Estimates for Choice Hotels International (NYSE:CHH)

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