Robert W. Baird Cuts Choice Hotels International (NYSE:CHH) Price Target to $128.00
by Kim Johansen · The Markets DailyChoice Hotels International (NYSE:CHH – Free Report) had its target price trimmed by Robert W. Baird from $129.00 to $128.00 in a report issued on Tuesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.
Several other brokerages have also recently weighed in on CHH. Morgan Stanley upped their price objective on shares of Choice Hotels International from $86.00 to $91.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 18th. Wells Fargo & Company lifted their target price on shares of Choice Hotels International from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Thursday, July 16th. Susquehanna boosted their target price on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. increased their price target on Choice Hotels International from $116.00 to $118.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Finally, Barclays raised their price target on Choice Hotels International from $101.00 to $102.00 and gave the company an “underweight” rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $112.67.
Check Out Our Latest Stock Report on CHH
Choice Hotels International Stock Down 0.0%
Shares of NYSE CHH opened at $102.37 on Tuesday. Choice Hotels International has a 52-week low of $84.04 and a 52-week high of $123.82. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93. The business has a fifty day moving average of $104.64 and a two-hundred day moving average of $107.66. The stock has a market cap of $4.61 billion, a PE ratio of 14.46, a PEG ratio of 2.59 and a beta of 0.71.
Choice Hotels International (NYSE:CHH – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.05. The business had revenue of $440.76 million for the quarter, compared to analyst estimates of $436.48 million. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The firm’s quarterly revenue 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. As a group, equities research analysts expect that Choice Hotels International will post 6.97 earnings per share for the current fiscal year.
Choice Hotels International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, October 1st. Choice Hotels International’s dividend payout ratio is 16.24%.
Insider Buying and Selling at Choice Hotels International
In related news, Director William Jews sold 5,057 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total value of $540,997.86. Following the completion of the transaction, the director owned 23,987 shares in the company, valued at $2,566,129.26. The trade was a 17.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 23.87% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Choice Hotels International
Hedge funds and other institutional investors have recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. acquired a new position in shares of Choice Hotels International during the fourth quarter valued at $27,000. Hanson & Doremus Investment Management acquired a new stake in Choice Hotels International in the first quarter worth about $39,000. Bessemer Group Inc. increased its position in Choice Hotels International by 485.9% in the first quarter. Bessemer Group Inc. now owns 539 shares of the company’s stock worth $56,000 after purchasing an additional 447 shares during the period. GAMMA Investing LLC raised its holdings in Choice Hotels International by 18.9% during the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after purchasing an additional 121 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Choice Hotels International by 63.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,107 shares of the company’s stock worth $105,000 after purchasing an additional 429 shares during the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.
Choice Hotels International News Summary
Here are the key news stories impacting Choice Hotels International this week:
- Positive Sentiment: Expansion into RV and outdoor travel: Choice Hotels agreed to acquire Harvest Hosts for approximately $130 million. The asset-light RV membership platform broadens CHH’s reach beyond traditional hotels, adds exposure to value-conscious travelers, and could provide new subscription and cross-selling opportunities. Choice Hotels to Acquire Harvest Hosts
- Positive Sentiment: Strategic fit with the franchising model: Harvest Hosts is a differentiated, community-oriented travel platform, allowing Choice Hotels to expand its asset-light strategy without building or acquiring a large traditional hotel portfolio. The deal may strengthen CHH’s longer-term growth prospects if the platform continues to increase memberships and engagement. CHH Strengthens RV Travel Reach With Harvest Hosts Acquisition
- Neutral Sentiment: Chief human resources officer transition: Patrick Cimerola will retire at the end of 2026 after 25 years with Choice Hotels. The company has announced the transition, which provides time for succession planning but introduces a leadership change in a key corporate function. Choice Hotels Announces Retirement of Chief Human Resources Officer Patrick Cimerola
- Negative Sentiment: Lower analyst price expectations: Robert W. Baird reduced its expectations for CHH’s stock price, signaling more limited near-term upside and adding pressure to the shares despite the acquisition news. Robert W. Baird Lowers Choice Hotels Price Expectations
Choice Hotels International Company Profile
Choice Hotels International, Inc is a hospitality company that franchises and manages a broad portfolio of hotels and lodging properties. Its brand portfolio spans economy, midscale, upscale and extended-stay segments, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, MainStay Suites, Suburban Studios, Everhome Suites and WoodSpring Suites.
The company primarily supports independent hotel owners and franchisees through brand standards, reservations, marketing, technology, loyalty programs and operational resources.
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