Choice Hotels International (NYSE:CHH) Stock: Insider Dominic Dragisich Sells 1,227 Shares

Choice Hotels International, Inc. (NYSE:CHH) CEO Dominic Dragisich sold 1,227 shares of the stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $112.00, for a total transaction of $137,424.00. Following the sale, the chief executive officer directly owned 90,055 shares in the company, valued at $10,086,160. This trade represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Choice Hotels International Trading Up 0.3%

Choice Hotels International stock opened at $113.79 on Thursday. The firm’s 50-day moving average is $103.61 and its 200-day moving average is $108.22. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93. Choice Hotels International, Inc. has a 1 year low of $84.04 and a 1 year high of $123.82. The company has a market cap of $5.12 billion, a P/E ratio of 16.07, a PEG ratio of 2.87 and a beta of 0.71.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. The business had revenue of $440.76 million during the quarter, compared to the consensus estimate of $436.48 million. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.92 EPS. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, equities analysts expect that Choice Hotels International, Inc. will post 6.96 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.15 annualized dividend and a dividend yield of 1.0%. Choice Hotels International’s dividend payout ratio is 16.24%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CHH. Robert W. Baird cut their price target on Choice Hotels International from $129.00 to $128.00 and set an “outperform” rating on the stock in a report on Tuesday, September 29th. Mizuho assumed coverage on Choice Hotels International in a research note on Thursday, August 27th. They set a “neutral” rating and a $106.00 price objective for the company. Susquehanna increased their target price on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $124.00 target price on shares of Choice Hotels International in a research note on Thursday, August 6th. Finally, Morgan Stanley raised their target price on Choice Hotels International from $91.00 to $92.00 and gave the company an “underweight” rating in a research note on Monday, October 12th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $113.31.

Institutional Investors Weigh In On Choice Hotels International

Several large investors have recently made changes to their positions in the company. Wellington Management Group LLP boosted its position in shares of Choice Hotels International by 1.7% during the second quarter. Wellington Management Group LLP now owns 669,693 shares of the company’s stock worth $73,847,000 after buying an additional 11,366 shares during the period. Fort Washington Investment Advisors Inc. OH grew its holdings in Choice Hotels International by 0.3% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 360,728 shares of the company’s stock worth $36,942,000 after buying an additional 1,172 shares in the last quarter. Quantinno Capital Management LP increased its position in Choice Hotels International by 35.5% in the 1st quarter. Quantinno Capital Management LP now owns 258,355 shares of the company’s stock valued at $26,740,000 after acquiring an additional 67,697 shares during the period. Janus Henderson Group PLC increased its position in Choice Hotels International by 1,009.6% in the 1st quarter. Janus Henderson Group PLC now owns 139,550 shares of the company’s stock valued at $14,445,000 after acquiring an additional 126,973 shares during the period. Finally, SummitTX Capital L.P. raised its stake in Choice Hotels International by 247.3% during the 1st quarter. SummitTX Capital L.P. now owns 125,122 shares of the company’s stock valued at $12,950,000 after acquiring an additional 89,096 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a global lodging franchisor that licenses its hotel brands to independent owners and operators. The company supports its franchisees through brand standards, reservation and distribution systems, marketing, loyalty programs, technology, and operational services rather than primarily owning and operating hotels itself.

Its portfolio includes brands serving a range of price points and travel needs, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, MainStay Suites, Suburban Studios, WoodSpring Suites, Cambria Hotels, and the Ascend Hotel Collection.