Zacks Research Issues Pessimistic Forecast for CHH Earnings

Choice Hotels International, Inc. (NYSE:CHH) – Stock analysts at Zacks Research decreased their FY2024 earnings per share (EPS) estimates for shares of Choice Hotels International in a note issued to investors on Friday, October 25th. Zacks Research analyst H. Ray now anticipates that the company will post earnings per share of $6.42 for the year, down from their prior estimate of $6.43. The consensus estimate for Choice Hotels International’s current full-year earnings is $6.38 per share. Zacks Research also issued estimates for Choice Hotels International’s Q1 2025 earnings at $1.27 EPS, Q3 2025 earnings at $1.98 EPS, FY2025 earnings at $6.74 EPS, Q2 2026 earnings at $2.07 EPS, Q3 2026 earnings at $2.10 EPS and FY2026 earnings at $7.08 EPS.

Several other research analysts have also issued reports on CHH. Barclays cut their target price on shares of Choice Hotels International from $114.00 to $112.00 and set an “underweight” rating on the stock in a research note on Friday, August 9th. StockNews.com raised shares of Choice Hotels International from a “sell” rating to a “hold” rating in a research report on Thursday, October 3rd. Robert W. Baird set a $138.00 target price on Choice Hotels International in a research report on Thursday, October 17th. UBS Group dropped their price target on Choice Hotels International from $126.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Finally, Truist Financial reduced their price objective on Choice Hotels International from $144.00 to $134.00 and set a “hold” rating for the company in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $125.50.

Choice Hotels International Stock Performance

Shares of CHH stock opened at $141.00 on Monday. The firm has a 50 day moving average of $130.06 and a 200-day moving average of $123.38. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 2.20 and a beta of 1.25. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 177.75. Choice Hotels International has a 52 week low of $108.91 and a 52 week high of $143.69.

Choice Hotels International (NYSE:CHH) last released its earnings results on Thursday, August 8th. The company reported $1.84 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.02). The business had revenue of $435.20 million for the quarter, compared to analyst estimates of $438.29 million. Choice Hotels International had a negative return on equity of 3,953.67% and a net margin of 15.42%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.75 EPS.

Choice Hotels International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Stockholders of record on Tuesday, October 1st were issued a $0.2875 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.82%. Choice Hotels International’s dividend payout ratio is presently 23.91%.

Insider Activity at Choice Hotels International

In related news, CEO Patrick Pacious sold 10,025 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $120.37, for a total transaction of $1,206,709.25. Following the completion of the sale, the chief executive officer now owns 404,666 shares in the company, valued at approximately $48,709,646.42. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Choice Hotels International news, EVP Dominic Dragisich sold 9,138 shares of Choice Hotels International stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $134.88, for a total transaction of $1,232,533.44. Following the transaction, the executive vice president now owns 68,509 shares of the company’s stock, valued at $9,240,493.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick Pacious sold 10,025 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $120.37, for a total value of $1,206,709.25. Following the completion of the transaction, the chief executive officer now owns 404,666 shares in the company, valued at $48,709,646.42. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,429 shares of company stock valued at $4,866,493 over the last 90 days. Insiders own 24.02% of the company’s stock.

Institutional Trading of Choice Hotels International

A number of hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its position in shares of Choice Hotels International by 144.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after purchasing an additional 117 shares during the last quarter. State of Michigan Retirement System increased its holdings in Choice Hotels International by 1.7% during the first quarter. State of Michigan Retirement System now owns 6,032 shares of the company’s stock worth $762,000 after buying an additional 100 shares during the last quarter. Norden Group LLC raised its position in Choice Hotels International by 2,171.1% in the first quarter. Norden Group LLC now owns 55,664 shares of the company’s stock worth $7,033,000 after acquiring an additional 53,213 shares during the period. Principal Financial Group Inc. boosted its stake in Choice Hotels International by 1.0% in the first quarter. Principal Financial Group Inc. now owns 93,972 shares of the company’s stock valued at $11,873,000 after acquiring an additional 953 shares during the last quarter. Finally, SpiderRock Advisors LLC purchased a new position in Choice Hotels International in the first quarter valued at about $449,000. 65.57% of the stock is currently owned by institutional investors.

About Choice Hotels International

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.