Choice Hotels International (CHH) Projected to Post Quarterly Earnings on Thursday

Choice Hotels International (NYSE:CHH) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $374.24 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Choice Hotels International Price Performance

Choice Hotels International stock opened at $146.06 on Tuesday. The business has a 50 day moving average of $144.77 and a 200-day moving average of $137.89. Choice Hotels International has a 1 year low of $108.91 and a 1 year high of $156.25. The company has a market capitalization of $6.85 billion, a P/E ratio of 27.98, a P/E/G ratio of 1.96 and a beta of 1.23.

Choice Hotels International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, January 2nd were issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 0.79%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International’s payout ratio is presently 22.03%.

Wall Street Analysts Forecast Growth

CHH has been the topic of several analyst reports. Robert W. Baird upped their target price on Choice Hotels International from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Truist Financial increased their target price on Choice Hotels International from $134.00 to $136.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Bank of America increased their price target on Choice Hotels International from $160.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Susquehanna raised their target price on Choice Hotels International from $125.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $129.00 target price (down from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $136.33.

Choice Hotels International Company Profile

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.