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

Choice Hotels International (NYSE:CHH) is anticipated to announce its earnings results 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. Investors interested in participating in the company’s conference call can do so using this link.

Choice Hotels International Stock Performance

Choice Hotels International stock opened at $152.46 on Thursday. Choice Hotels International has a 52 week low of $108.91 and a 52 week high of $156.25. The stock has a market capitalization of $7.15 billion, a P/E ratio of 29.21, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. The stock has a fifty day moving average of $144.80 and a 200-day moving average of $137.45.

Choice Hotels International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 0.75%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International’s payout ratio is 22.03%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a “sell” rating in a report on Tuesday, December 10th. Robert W. Baird boosted their target price on shares of Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Barclays increased their price target on Choice Hotels International from $123.00 to $129.00 and gave the company an “underweight” rating in a research note on Friday, December 13th. Jefferies Financial Group boosted their price objective on Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Finally, Susquehanna increased 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. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $136.33.

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.