Choice Hotels International, Inc. (CHH) To Go Ex-Dividend on October 1st

Choice Hotels International, Inc. (NYSE:CHH) declared a quarterly dividend on Thursday, September 17th. Investors of record on Thursday, October 1st will be given a dividend of 0.2875 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 1st.

Choice Hotels International has raised its dividend payment by an average of 0.4%annually over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Choice Hotels International to earn $7.34 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 15.7%.

Choice Hotels International Price Performance

CHH opened at $96.94 on Friday. The company has a debt-to-equity ratio of 14.08, a current ratio of 0.93 and a quick ratio of 0.93. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $123.82. The stock’s 50 day simple moving average is $106.00 and its 200 day simple moving average is $107.53. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 2.49 and a beta of 0.66.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The business had revenue of $440.76 million during the quarter, compared to analyst estimates of $436.48 million. During the same quarter in the prior year, the company posted $1.92 EPS. Choice Hotels International’s quarterly revenue was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, analysts predict that Choice Hotels International will post 6.97 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director William Jews sold 5,057 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the transaction, the director directly owned 23,987 shares in the company, valued at approximately $2,566,129.26. This trade represents a 17.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.87% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Choice Hotels International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHH. Oregon Public Employees Retirement Fund grew its stake in Choice Hotels International by 2.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after purchasing an additional 100 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Choice Hotels International by 18.9% during the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after purchasing an additional 121 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Choice Hotels International by 10.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,661 shares of the company’s stock valued at $172,000 after purchasing an additional 161 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Choice Hotels International in the 4th quarter valued at about $27,000. Finally, Hanson & Doremus Investment Management purchased a new stake in Choice Hotels International in the 1st quarter valued at $39,000. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.