Choice Hotels International, Inc. (NYSE:CHH) Plans Quarterly Dividend of $0.29

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.2875 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

Choice Hotels International has increased its dividend by an average of 0.4%annually over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Choice Hotels International to earn $7.86 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 14.6%.

Choice Hotels International Trading Up 5.8%

Shares of NYSE:CHH traded up $6.20 during trading on Wednesday, reaching $112.36. The stock had a trading volume of 749,459 shares, compared to its average volume of 668,417. The business has a fifty day moving average price of $106.75 and a 200-day moving average price of $102.03. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 14.58. The stock has a market cap of $5.11 billion, a P/E ratio of 15.14, a PEG ratio of 1.96 and a beta of 0.65. Choice Hotels International has a fifty-two week low of $84.04 and a fifty-two week high of $136.45.

Choice Hotels International (NYSE:CHHGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). The firm had revenue of $340.58 million during the quarter, compared to analyst estimates of $333.48 million. Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, analysts anticipate that Choice Hotels International will post 7.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Morgan Stanley lowered their target price on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Barclays lowered their target price on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. The Goldman Sachs Group boosted their target price on shares of Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, Weiss Ratings upgraded shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $111.75.

View Our Latest Stock Report on Choice Hotels International

Choice Hotels International Company Profile

(Get Free Report)

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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Dividend History for Choice Hotels International (NYSE:CHH)

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