News coverage about Choice Hotels International (NYSE:CHH) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Choice Hotels International earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.3497280870092 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Choice Hotels International (NYSE CHH) opened at $79.25 on Thursday. The firm has a market cap of $4,490.00, a price-to-earnings ratio of 29.35, a PEG ratio of 2.49 and a beta of 1.17. The company has a debt-to-equity ratio of -3.99, a current ratio of 1.67 and a quick ratio of 1.67. Choice Hotels International has a one year low of $53.40 and a one year high of $80.55.
Choice Hotels International (NYSE:CHH) last released its quarterly earnings data on Monday, November 6th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.03. Choice Hotels International had a net margin of 15.66% and a negative return on equity of 60.41%. The company had revenue of $295.09 million during the quarter, compared to analyst estimates of $288.50 million. During the same quarter in the previous year, the business posted $0.84 EPS. Choice Hotels International’s revenue for the quarter was up 10.3% compared to the same quarter last year. analysts expect that Choice Hotels International will post 2.89 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd will be issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, December 29th. Choice Hotels International’s dividend payout ratio is 31.85%.
A number of research firms recently commented on CHH. Zacks Investment Research raised shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research report on Tuesday. TheStreet upgraded shares of Choice Hotels International from a “c+” rating to a “b” rating in a research note on Wednesday, October 18th. SunTrust Banks restated a “hold” rating and issued a $71.00 price target on shares of Choice Hotels International in a research note on Friday, November 10th. Barclays raised their price target on shares of Choice Hotels International from $60.00 to $67.00 and gave the company an “underweight” rating in a research note on Tuesday, November 7th. Finally, JPMorgan Chase & Co. lowered shares of Choice Hotels International from a “neutral” rating to an “underweight” rating and set a $72.00 price objective for the company. in a report on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Choice Hotels International has an average rating of “Hold” and a consensus price target of $69.13.
In related news, major shareholder Bruce Bainum sold 250,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $74.05, for a total value of $18,512,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Patrick Pacious sold 11,149 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $75.78, for a total transaction of $844,871.22. Following the completion of the transaction, the chief executive officer now directly owns 124,073 shares in the company, valued at $9,402,251.94. The disclosure for this sale can be found here. 22.01% of the stock is owned by insiders.
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About Choice Hotels International
Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.
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