Stock analysts predict that Choice Hotels International, Inc. (NYSE: CHH) will post earnings of $ 0.84 per share for the current quarter Zacks Investment Research. Four analysts have published estimates of Choice Hotels International’s earnings. The highest EPS estimate is $ 0.95 and the lowest is $ 0.59. Choice Hotels International reported earnings of $ 0.51 per share for the same quarter last year, suggesting a positive year-over-year growth rate of 64.7%. The company is expected to release its next earnings report on Wednesday, February 16.
On average, analysts expect Choice Hotels International to post annual earnings of $ 3.93 per share for the current fiscal year, with EPS estimates ranging between $ 3.48 and $ 4.11. For the next fiscal year, analysts predict the company will post earnings of $ 4.75 per share, with EPS estimates ranging from $ 4.48 to $ 5.03. Zacks’ average earnings per share is based on a survey of sell-side research analysts reporting to Choice Hotels International.
Choice Hotels International (NYSE: CHH) last released its quarterly results on Thursday, November 4th. The company reported earnings per share of $ 1.51 for the quarter, beating analysts’ consensus estimate of $ 1.36 by $ 0.15. The company had revenue of $ 323.40 million for the quarter, compared to analyst expectations of $ 336.99 million. Choice Hotels International achieved a return on equity of 258.96% and a net margin of 23.80%. Choice Hotels International’s quarterly revenue increased 53.5% compared to the same quarter last year. In the same quarter last year, the company achieved $ 0.66 EPS.
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A number of equity analysts recently looked at the CHH share. Loop Capital began reporting on Choice Hotels International in a report on Tuesday, October 5th. They issued a “Buy” rating and a target price of $ 145.00 on the company. TheStreet upgraded Choice Hotels International from a “c” rating to a “b” rating in a report dated Thursday, August 5th. Jefferies Financial Group raised its price target for Choice Hotels International from US $ 115.00 to US $ 126.00 and gave the company a “Hold” rating in a report on Friday, October 1st. Morgan Stanley raised its price target on Choice Hotels International from US $ 113.00 to US $ 121.00 and rated the company “Equilibrium” in a report on Wednesday, October 20. Finally, Deutsche Bank Aktiengesellschaft raised its price target for Choice Hotels International from $ 105.00 to $ 113.00 and gave the company a “hold” rating in a report on Friday, August 6th. They discovered that the move was a call for evaluation. Five analysts have given the stock a hold rating, one with a buy rating and one with a strong buy rating. Based on data from MarketBeat, Choice Hotels International has a consensus rating of “Hold” and a consensus target of $ 120.63.
In other news, SVP Simone Wu sold 2,203 shares in the company in a transaction that occurred on Thursday, September 23. The stock sold at an average price of $ 125.39 for a total value of $ 276,234.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed at the SEC website. In addition, director John P. Tague sold 2,220 shares in the company in a transaction that occurred Tuesday, August 10. The shares were sold at an average price of $ 120.72 for a total value of $ 267,998.40. Upon completion of the sale, the director now owns 27,802 shares in the company valued at $ 3,356,257.44. The disclosure for this sale can be found here. Insiders sold 26,543 shares in the company for $ 3,273,335 in the past 90 days. Company insiders own 21.15% of the company’s shares.
Institutional investors recently changed their holdings in the stock. RE Advisers Corp took on a new position at Choice Hotels International valued at approximately $ 27,000 in the second quarter. FMR LLC increased its position in Choice Hotels International by 280.8% in the second quarter. FMR LLC now owns 297 shares in the company valued at $ 35,000 after purchasing an additional 219 shares during the period. Dark Forest Capital Management LP added a new position in Choice Hotels International shares valued at $ 44,000 in the second quarter. Capital Analysts LLC added 11.3% to its position in Choice Hotels International stocks in the first quarter. Capital Analysts LLC now owns 909 shares of the company valued at $ 98,000 after purchasing an additional 92 shares during the reporting period. Eventually, Penserra Capital Management LLC acquired a new position in Choice Hotels International shares valued at $ 98,000 in the second quarter. Institutional investors own 77.14% of the company’s stock.
NYSE CHH opened on Friday at $ 148.83. The stock has a market capitalization of $ 8.28 billion, a price to earnings ratio of 35.86, a PEG ratio of 1.04, and a beta of 1.45. Choice Hotels International has a twelve-month low of $ 92.78 and a twelve-month high of $ 149.53. The company has a current metric of 1.20, a quick ratio of 1.92 and debt of 3.98. The stock has a 50-day moving average of $ 129.34 and a 200-day moving average of $ 121.75.
The company also recently announced a quarterly dividend, which was paid on Friday, October 15th. Shareholders of record on Friday, October 1, received a dividend of $ 0.225. The ex-dividend date of this dividend was Thursday September 30th. This equates to an annual dividend of $ 0.90 and a dividend yield of 0.60%. Choice Hotels International’s dividend payout ratio (DPR) is currently 21.69%.
About Choice Hotels International
Choice Hotels International, Inc. franchises and operates hotels. It operates in the hotel franchising, corporate and other segments. The hotel franchising segment refers to the hotel franchising activities, which consist of the company’s various hotel brands. The Corporate and Other segment deals with hotel sales and rental income in connection with company-owned office buildings.
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