Key Points
- CEO Dominic Dragisich sold 1,227 Choice Hotels shares at an average price of $112, generating $137,424 and reducing his stake by 1.34%; he retained 90,055 shares.
- Choice Hotels reported quarterly EPS of $2.02, exceeding estimates, while revenue rose 3.4% year over year to $440.76 million. The company also pays a $0.2875 quarterly dividend, equivalent to a 1.0% yield.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $113.08; the stock recently opened at $113.31.
Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) CEO Dominic Dragisich sold 1,227 shares of the business's stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $112.00, for a total value of $137,424.00. Following the transaction, the chief executive officer owned 90,055 shares of the company's stock, valued at $10,086,160. This trade represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Choice Hotels International Trading Up 3.3%
NYSE:CHH opened at $113.31 on Wednesday. Choice Hotels International, Inc. has a 1 year low of $84.04 and a 1 year high of $123.82. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 2.77 and a beta of 0.71. The business has a fifty day moving average of $103.44 and a 200-day moving average of $108.15. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93.
Choice Hotels International (NYSE:CHH - Get Free Report) last issued 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 company had revenue of $440.76 million for the quarter, compared to analyst estimates of $436.48 million. During the same period last year, the company earned $1.92 earnings per share. The company'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. Equities analysts predict that Choice Hotels International, Inc. will post 6.97 earnings per share for the current year.
Choice Hotels International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, October 1st. Choice Hotels International's dividend payout ratio is currently 16.24%.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. UBS Group raised their target price on shares of Choice Hotels International from $119.00 to $120.00 and gave the company a "neutral" rating in a research note on Friday, August 28th. JPMorgan Chase & Co. upped their price target on shares of Choice Hotels International from $116.00 to $118.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. Susquehanna upped their price target on shares of Choice Hotels International from $110.00 to $115.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of Choice Hotels International in a report on Friday, October 2nd. Finally, Truist Financial increased their price objective on shares of Choice Hotels International from $128.00 to $129.00 and gave the company a "buy" rating in a report on Thursday, September 10th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $113.08.
Check Out Our Latest Stock Analysis on CHH
Hedge Funds Weigh In On Choice Hotels International
Hedge funds have recently modified their holdings of the company. Hanson & Doremus Investment Management acquired a new stake in shares of Choice Hotels International in the first quarter valued at $39,000. Versant Capital Management Inc boosted its stake in Choice Hotels International by 445.2% during the third quarter. Versant Capital Management Inc now owns 398 shares of the company's stock valued at $41,000 after buying an additional 325 shares in the last quarter. Bessemer Group Inc. boosted its stake in Choice Hotels International by 485.9% during the first quarter. Bessemer Group Inc. now owns 539 shares of the company's stock valued at $56,000 after buying an additional 447 shares in the last quarter. GAMMA Investing LLC boosted its stake in Choice Hotels International by 18.9% during the second quarter. GAMMA Investing LLC now owns 762 shares of the company's stock valued at $84,000 after buying an additional 121 shares in the last quarter. Finally, Nykredit A S acquired a new position in Choice Hotels International during the second quarter worth about $146,000. 65.57% of the stock is currently owned by institutional investors and hedge funds.
About Choice Hotels International
(
Get Free Report)
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.
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