Choice Hotels International (NYSE:CHH) Price Target Raised to $121.00

Choice Hotels International (NYSE:CHH) had its price objective raised by JPMorgan Chase & Co. from $119.00 to $121.00 in a research report sent to investors on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on CHH. UBS Group lifted their price target on shares of Choice Hotels International from $119.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Mizuho began coverage on shares of Choice Hotels International in a report on Thursday, August 27th. They issued a “neutral” rating and a $106.00 price objective on the stock. Susquehanna upped their price objective on shares of Choice Hotels International from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $124.00 target price on shares of Choice Hotels International in a research note on Thursday, August 6th. Finally, Robert W. Baird lowered their target price on Choice Hotels International from $129.00 to $128.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $113.38.

Choice Hotels International Stock Down 3.0%

NYSE CHH opened at $108.60 on Wednesday. The stock has a market cap of $4.89 billion, a PE ratio of 15.34, a P/E/G ratio of 2.84 and a beta of 0.71. Choice Hotels International has a fifty-two week low of $84.04 and a fifty-two week high of $123.82. The business has a 50 day moving average price of $103.84 and a two-hundred day moving average price of $108.28. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The company had revenue of $440.76 million for the quarter, compared to analyst estimates of $436.48 million. During the same quarter last year, the firm posted $1.92 earnings per share. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, sell-side analysts predict that Choice Hotels International will post 6.95 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, October 1st. Choice Hotels International’s dividend payout ratio is presently 16.24%.

Insider Activity at Choice Hotels International

In other news, CEO Dominic Dragisich sold 1,227 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $112.00, for a total transaction of $137,424.00. Following the completion of the transaction, the chief executive officer directly owned 90,055 shares in the company, valued at approximately $10,086,160. This represents a 1.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William Jews sold 5,057 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total transaction of $540,997.86. Following the sale, the director directly owned 23,987 shares of the company’s stock, valued at $2,566,129.26. The trade was a 17.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 23.87% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Hanson & Doremus Investment Management bought a new stake in shares of Choice Hotels International in the 1st quarter worth about $39,000. Versant Capital Management Inc lifted its position in shares of Choice Hotels International by 445.2% during the third quarter. Versant Capital Management Inc now owns 398 shares of the company’s stock worth $41,000 after purchasing an additional 325 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of Choice Hotels International by 485.9% during the first quarter. Bessemer Group Inc. now owns 539 shares of the company’s stock worth $56,000 after purchasing an additional 447 shares during the last quarter. GAMMA Investing LLC grew its stake in Choice Hotels International by 18.9% in the second quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after purchasing an additional 121 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Choice Hotels International by 112.5% in the third quarter. Signaturefd LLC now owns 1,101 shares of the company’s stock worth $113,000 after purchasing an additional 583 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a global lodging franchisor that licenses its hotel brands to independent owners and operators. The company supports its franchisees through brand standards, reservation and distribution systems, marketing, loyalty programs, technology, and operational services rather than primarily owning and operating hotels itself.

Its portfolio includes brands serving a range of price points and travel needs, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, MainStay Suites, Suburban Studios, WoodSpring Suites, Cambria Hotels, and the Ascend Hotel Collection.