Choice Hotels International (NYSE:CHH – Get Free Report) had its price target lifted by equities researchers at Morgan Stanley from $86.00 to $91.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Morgan Stanley’s price objective indicates a potential downside of 13.15% from the stock’s previous close.
Other analysts have also issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Choice Hotels International in a research report on Tuesday, July 7th. Wells Fargo & Company increased their price target on Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a report on Thursday, July 16th. Truist Financial reduced their price objective on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $124.00 price objective on shares of Choice Hotels International in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. increased their target price on Choice Hotels International from $116.00 to $118.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $112.75.
Read Our Latest Research Report on Choice Hotels International
Choice Hotels International Stock Up 0.3%
Choice Hotels International (NYSE:CHH – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The firm had revenue of $440.76 million during the quarter, compared to the consensus estimate of $436.48 million. During the same period in the previous year, the firm posted $1.92 earnings per share. The business’s revenue was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, sell-side analysts forecast that Choice Hotels International will post 7.01 earnings per share for the current fiscal year.
Insider Buying and Selling at Choice Hotels International
In related news, CFO Scott E. Oaksmith sold 2,000 shares of Choice Hotels International stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $110.00, for a total transaction of $220,000.00. Following the transaction, the chief financial officer owned 35,172 shares of the company’s stock, valued at $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 23.87% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Choice Hotels International
A number of institutional investors and hedge funds have recently bought and sold shares of CHH. Eurizon Capital SGR S.p.A. bought a new stake in Choice Hotels International during the 4th quarter valued at $27,000. Fifth Third Bancorp grew its position in shares of Choice Hotels International by 77.4% in the fourth quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after purchasing an additional 171 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Choice Hotels International by 6,416.7% during the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock valued at $37,000 after purchasing an additional 385 shares during the period. Quarry LP bought a new position in Choice Hotels International in the 3rd quarter worth about $38,000. Finally, Hanson & Doremus Investment Management bought a new stake in shares of Choice Hotels International during the first quarter valued at about $39,000. 65.57% of the stock is owned by hedge funds and other institutional investors.
Choice Hotels International Company Profile
Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.
Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.
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