Choice Hotels International (CHH) Earns Media Impact Score of 0.09
Headlines about Choice Hotels International (NYSE:CHH) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Choice Hotels International earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.1201499236505 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Choice Hotels International to Report 2017 Third Quarter Financial Results and Hold Investor Conference Call on November 2 (finance.yahoo.com)
- Cambria Hotel Fort Mill – Hospitality Net (hospitalitynet.org)
- Choice Hotels to Develop New Cambria Hotel in Fort Mill, SC – PR Newswire (press release) (prnewswire.com)
- Trump’s Latest Hotel Venture Focuses on Flea-Market Chic in Deep South (thestreet.com)
- Choice Hotels International : Plans for new hotel in Bristol, Virginia (4-traders.com)
Several research analysts have weighed in on CHH shares. Zacks Investment Research upgraded shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a report on Wednesday, July 5th. BidaskClub cut shares of Choice Hotels International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Deutsche Bank AG reduced their price objective on shares of Choice Hotels International from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday, August 3rd. Finally, Barclays PLC reiterated an “underweight” rating and set a $60.00 price objective (down from $61.00) on shares of Choice Hotels International in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $62.57.
Shares of Choice Hotels International (NYSE CHH) opened at 63.85 on Wednesday. The company’s 50-day moving average price is $61.77 and its 200 day moving average price is $63.28. Choice Hotels International has a one year low of $43.70 and a one year high of $67.80. The company has a market cap of $3.58 billion, a P/E ratio of 23.59 and a beta of 1.12.
Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $254.68 million. During the same period last year, the business earned $0.71 EPS. Choice Hotels International’s quarterly revenue was up 14.5% compared to the same quarter last year. On average, equities research analysts anticipate that Choice Hotels International will post $2.85 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 17th. Investors of record on Monday, October 2nd will be paid a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Friday, September 29th. Choice Hotels International’s payout ratio is currently 31.85%.
In other news, insider David A. Pepper sold 10,217 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $61.07, for a total value of $623,952.19. Following the sale, the insider now directly owns 79,010 shares of the company’s stock, valued at approximately $4,825,140.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Stephen P. Joyce sold 44,116 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now directly owns 201,922 shares in the company, valued at $12,696,855.36. The disclosure for this sale can be found here. Insiders have sold 101,460 shares of company stock valued at $6,337,153 in the last ninety days. Insiders own 22.01% of the company’s stock.
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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