Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) CFO Scott Oaksmith sold 2,000 shares of the firm's stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the completion of the sale, the chief financial officer directly owned 35,172 shares of the company's stock, valued at approximately $3,868,920. This represents a 5.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.
Choice Hotels International Price Performance
Shares of NYSE CHH opened at $111.79 on Tuesday. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $5.09 billion, a PE ratio of 15.07, a P/E/G ratio of 5.24 and a beta of 0.67. The business has a 50-day simple moving average of $110.97 and a two-hundred day simple moving average of $104.27. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $136.45.
Choice Hotels International (NYSE:CHH - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.28). The business had revenue of $340.58 million during the quarter, compared to analyst estimates of $333.48 million. Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.Choice Hotels International's revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities analysts expect that Choice Hotels International, Inc. will post 7.11 EPS for the current fiscal year.
Choice Hotels International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 1st. Choice Hotels International's dividend payout ratio (DPR) is currently 15.50%.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on CHH. Barclays decreased their target price on Choice Hotels International from $112.00 to $100.00 and set an "underweight" rating for the company in a report on Thursday, April 30th. Wells Fargo & Company lifted their target price on Choice Hotels International from $91.00 to $110.00 and gave the stock an "underweight" rating in a report on Friday, February 20th. Robert W. Baird set a $128.00 target price on Choice Hotels International in a report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Choice Hotels International from $117.00 to $116.00 and set a "neutral" rating for the company in a report on Wednesday, May 6th. Finally, Susquehanna decreased their target price on Choice Hotels International from $115.00 to $110.00 and set a "neutral" rating for the company in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Choice Hotels International presently has a consensus rating of "Reduce" and a consensus target price of $111.67.
View Our Latest Report on CHH
Institutional Investors Weigh In On Choice Hotels International
Institutional investors and hedge funds have recently modified their holdings of the company. Jacobs Levy Equity Management Inc. purchased a new position in Choice Hotels International during the first quarter valued at approximately $324,000. Goldman Sachs Group Inc. boosted its position in Choice Hotels International by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company's stock worth $14,610,000 after purchasing an additional 12,904 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Choice Hotels International by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company's stock worth $14,408,000 after purchasing an additional 8,887 shares during the period. Jane Street Group LLC grew its stake in shares of Choice Hotels International by 89.8% during the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company's stock worth $6,657,000 after purchasing an additional 23,726 shares during the period. Finally, Prudential Financial Inc. grew its stake in shares of Choice Hotels International by 35.2% during the 2nd quarter. Prudential Financial Inc. now owns 2,139 shares of the company's stock worth $299,000 after purchasing an additional 557 shares during the period. Institutional investors and hedge funds own 65.57% of the company's stock.
About Choice Hotels International
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Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company's core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.
Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.
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