Choice Hotels International (CHH) Expected to Announce Quarterly Earnings on Thursday

Choice Hotels International (NYSE:CHH) is projected 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 that wish to listen to the company’s conference call can do so using this link.

Choice Hotels International Stock Performance

Choice Hotels International stock opened at $149.00 on Wednesday. Choice Hotels International has a one year low of $108.91 and a one year high of $156.25. The business has a fifty day moving average of $144.87 and a two-hundred day moving average of $138.04. The company has a market cap of $6.99 billion, a P/E ratio of 28.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23.

Choice Hotels International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio (DPR) is presently 22.03%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Barclays lifted their price target on Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research note on Friday, December 13th. Robert W. Baird lifted their price target on Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Truist Financial lifted their price target on Choice Hotels International from $134.00 to $136.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Jefferies Financial Group lifted their price target on Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Finally, Wells Fargo & Company lifted their price target on Choice Hotels International from $133.00 to $138.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 4th. Five 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’s stock. Based on data from MarketBeat.com, Choice Hotels International has an average rating of “Hold” and a consensus 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.