Choice Hotels International (CHH) Scheduled to Post Quarterly Earnings on Tuesday

Choice Hotels International (NYSE:CHH) is set to issue its quarterly earnings data before the market opens on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.63 per share for the quarter.

Choice Hotels International (NYSE:CHH) opened at $77.10 on Tuesday. The company has a market capitalization of $4,504.87, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 1.91 and a beta of 1.16. Choice Hotels International has a 12-month low of $55.50 and a 12-month high of $82.85. The company has a debt-to-equity ratio of -3.99, a quick ratio of 1.67 and a current ratio of 1.67.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd were given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.12%. The ex-dividend date was Friday, December 29th. Choice Hotels International’s dividend payout ratio (DPR) is 31.85%.

In other Choice Hotels International news, major shareholder Bruce Bainum sold 250,000 shares of Choice Hotels International stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $74.05, for a total value of $18,512,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Patrick Pacious sold 11,149 shares of Choice Hotels International stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $75.78, for a total value of $844,871.22. Following the completion of the transaction, the chief executive officer now owns 124,073 shares in the company, valued at $9,402,251.94. The disclosure for this sale can be found here. Company insiders own 22.01% of the company’s stock.

A hedge fund recently raised its stake in Choice Hotels International stock. The Manufacturers Life Insurance Company raised its stake in Choice Hotels International Inc (NYSE:CHH) by 6.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,651 shares of the company’s stock after purchasing an additional 106 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Choice Hotels International were worth $106,000 at the end of the most recent reporting period. Institutional investors own 50.76% of the company’s stock.

CHH has been the topic of several research analyst reports. Zacks Investment Research raised Choice Hotels International from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Tuesday, October 17th. TheStreet raised Choice Hotels International from a “c+” rating to a “b” rating in a research report on Wednesday, October 18th. Barclays lifted their price target on Choice Hotels International from $60.00 to $67.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 7th. SunTrust Banks reaffirmed a “hold” rating and set a $71.00 price target on shares of Choice Hotels International in a research report on Friday, November 10th. Finally, JPMorgan Chase & Co. lowered Choice Hotels International from a “neutral” rating to an “underweight” rating and set a $72.00 price target on the stock. in a research report on Wednesday, December 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Choice Hotels International has an average rating of “Hold” and an average target price of $69.13.

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About Choice Hotels International

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.

Earnings History for Choice Hotels International (NYSE:CHH)

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