Choice Hotels International (CHH) Earning Somewhat Positive Media Coverage, Analysis Finds

Press coverage about Choice Hotels International (NYSE:CHH) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Choice Hotels International earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.1773291160234 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several analysts recently issued reports on CHH shares. Zacks Investment Research raised shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Wednesday, July 5th. BidaskClub cut shares of Choice Hotels International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Deutsche Bank AG dropped their price objective on shares of Choice Hotels International from $68.00 to $66.00 and set a “hold” rating for the company in a research note on Thursday, August 3rd. Finally, Barclays PLC reaffirmed an “underweight” rating and set a $60.00 price objective (down previously from $61.00) on shares of Choice Hotels International in a research note on Friday, August 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Choice Hotels International presently has an average rating of “Hold” and a consensus target price of $62.57.

Shares of Choice Hotels International (CHH) opened at 66.60 on Tuesday. The stock has a market cap of $3.74 billion, a PE ratio of 24.60 and a beta of 1.12. Choice Hotels International has a 1-year low of $43.70 and a 1-year high of $67.80. The stock has a 50 day moving average of $62.25 and a 200 day moving average of $63.36.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $276.80 million during the quarter, compared to analyst estimates of $254.68 million. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 51.30%. The company’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 earnings per share. Equities research analysts forecast that Choice Hotels International will post $2.85 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 17th. Stockholders of record on Monday, October 2nd will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Friday, September 29th. Choice Hotels International’s dividend payout ratio is presently 31.85%.

In other news, major shareholder Bruce Bainum sold 7,977 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $62.15, for a total value of $495,770.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephen P. Joyce sold 17,024 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $63.02, for a total transaction of $1,072,852.48. Following the completion of the transaction, the chief executive officer now directly owns 176,943 shares of the company’s stock, valued at approximately $11,150,947.86. The disclosure for this sale can be found here. In the last three months, insiders sold 57,344 shares of company stock valued at $3,563,139. Company insiders own 22.01% of the company’s stock.

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Several analysts recently issued reports on CHH shares. Zacks Investment Research raised shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Wednesday, July 5th. BidaskClub cut shares of Choice Hotels International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Deutsche Bank AG dropped their price objective on shares of Choice Hotels International from $68.00 to $66.00 and set a “hold” rating for the company in a research note on Thursday, August 3rd. Finally, Barclays PLC reaffirmed an “underweight” rating and set a $60.00 price objective (down previously from $61.00) on shares of Choice Hotels International in a research note on Friday, August 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Choice Hotels International presently has an average rating of “Hold” and a consensus target price of $62.57.

Shares of Choice Hotels International (CHH) opened at 66.60 on Tuesday. The stock has a market cap of $3.74 billion, a PE ratio of 24.60 and a beta of 1.12. Choice Hotels International has a 1-year low of $43.70 and a 1-year high of $67.80. The stock has a 50 day moving average of $62.25 and a 200 day moving average of $63.36.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $276.80 million during the quarter, compared to analyst estimates of $254.68 million. Choice Hotels International had a net margin of 16.11% and a negative return on equity of 51.30%. The company’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 earnings per share. Equities research analysts forecast that Choice Hotels International will post $2.85 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 17th. Stockholders of record on Monday, October 2nd will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Friday, September 29th. Choice Hotels International’s dividend payout ratio is presently 31.85%.

In other news, major shareholder Bruce Bainum sold 7,977 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $62.15, for a total value of $495,770.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stephen P. Joyce sold 17,024 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $63.02, for a total transaction of $1,072,852.48. Following the completion of the transaction, the chief executive officer now directly owns 176,943 shares of the company’s stock, valued at approximately $11,150,947.86. The disclosure for this sale can be found here. In the last three months, insiders sold 57,344 shares of company stock valued at $3,563,139. Company insiders own 22.01% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Choice Hotels International (NYSE:CHH)

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