Choice Hotels International (CHH) to Release Quarterly Earnings on Thursday

Choice Hotels International (NYSE:CHH - Get Free Report) 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 interested in participating in the company's conference call can do so using this link.

Choice Hotels International Stock Down 0.6 %

NYSE:CHH traded down $0.87 during trading hours on Friday, reaching $146.06. 437,136 shares of the stock were exchanged, compared to its average volume of 305,837. The business has a 50-day moving average of $144.72 and a two-hundred day moving average of $137.75. Choice Hotels International has a twelve month low of $108.91 and a twelve month high of $156.25. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.96 and a beta of 1.23.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were paid a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Thursday, January 2nd. Choice Hotels International's payout ratio is currently 22.03%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CHH. Bank of America increased their price objective on Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Morgan Stanley reiterated an "underweight" rating and issued a $129.00 price objective (down from $145.00) on shares of Choice Hotels International in a research note on Tuesday, January 14th. JPMorgan Chase & Co. increased their price objective on Choice Hotels International from $122.00 to $135.00 and gave the company an "underweight" rating in a research note on Friday, December 13th. Barclays increased their price objective on Choice Hotels International from $123.00 to $129.00 and gave the company an "underweight" rating in a research note on Friday, December 13th. Finally, The Goldman Sachs Group increased their price objective on Choice Hotels International from $118.00 to $138.00 and gave the company a "sell" rating in a research note on Tuesday, December 10th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $136.33.

Choice Hotels International Company Profile

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.