What is Zacks Research’s Estimate for CHH FY2024 Earnings?

Choice Hotels International, Inc. (NYSE:CHH) – Equities researchers at Zacks Research reduced their FY2024 earnings per share (EPS) estimates for Choice Hotels International in a research note issued on Friday, October 25th. Zacks Research analyst H. Ray now anticipates that the company will post earnings of $6.42 per share for the year, down from their prior estimate of $6.43. The consensus estimate for Choice Hotels International’s current full-year earnings is $6.38 per share. Zacks Research also issued estimates for Choice Hotels International’s Q1 2025 earnings at $1.27 EPS, Q3 2025 earnings at $1.98 EPS, FY2025 earnings at $6.74 EPS, Q2 2026 earnings at $2.07 EPS, Q3 2026 earnings at $2.10 EPS and FY2026 earnings at $7.08 EPS.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Thursday, August 8th. The company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.02). The company had revenue of $435.20 million for the quarter, compared to analyst estimates of $438.29 million. Choice Hotels International had a negative return on equity of 3,953.67% and a net margin of 15.42%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the company earned $1.75 EPS.

A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. downgraded Choice Hotels International from a “neutral” rating to an “underweight” rating and set a $120.00 target price for the company. in a research report on Friday, July 19th. UBS Group dropped their price objective on Choice Hotels International from $126.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, August 9th. The Goldman Sachs Group assumed coverage on shares of Choice Hotels International in a research note on Wednesday, September 18th. They issued a “sell” rating and a $105.00 target price on the stock. StockNews.com upgraded shares of Choice Hotels International from a “sell” rating to a “hold” rating in a research report on Thursday, October 3rd. Finally, Barclays cut their price objective on shares of Choice Hotels International from $114.00 to $112.00 and set an “underweight” rating on the stock in a report on Friday, August 9th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Choice Hotels International has a consensus rating of “Hold” and an average target price of $125.50.

Choice Hotels International Stock Performance

CHH stock opened at $140.93 on Monday. The company has a 50 day moving average price of $129.69 and a 200 day moving average price of $123.24. Choice Hotels International has a fifty-two week low of $108.91 and a fifty-two week high of $143.69. The company has a debt-to-equity ratio of 177.75, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $6.79 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 2.20 and a beta of 1.25.

Choice Hotels International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Tuesday, October 1st were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 1st. Choice Hotels International’s dividend payout ratio is currently 24.68%.

Insider Buying and Selling

In other news, insider Patrick Cimerola sold 1,714 shares of Choice Hotels International stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $135.00, for a total transaction of $231,390.00. Following the transaction, the insider now owns 18,084 shares in the company, valued at $2,441,340. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Patrick Pacious sold 10,025 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $120.37, for a total value of $1,206,709.25. Following the completion of the transaction, the chief executive officer now directly owns 404,666 shares of the company’s stock, valued at approximately $48,709,646.42. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Patrick Cimerola sold 1,714 shares of Choice Hotels International stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $135.00, for a total value of $231,390.00. Following the completion of the sale, the insider now directly owns 18,084 shares in the company, valued at $2,441,340. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 37,429 shares of company stock valued at $4,866,493. 24.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CHH. Eagle Bay Advisors LLC grew its stake in shares of Choice Hotels International by 12.9% during the 3rd quarter. Eagle Bay Advisors LLC now owns 843 shares of the company’s stock worth $110,000 after acquiring an additional 96 shares in the last quarter. State of Michigan Retirement System grew its position in Choice Hotels International by 1.7% in the first quarter. State of Michigan Retirement System now owns 6,032 shares of the company’s stock valued at $762,000 after purchasing an additional 100 shares in the last quarter. AGF Management Ltd. increased its stake in Choice Hotels International by 0.5% in the 2nd quarter. AGF Management Ltd. now owns 20,940 shares of the company’s stock valued at $2,492,000 after buying an additional 101 shares during the last quarter. Aurora Investment Managers LLC. increased its stake in Choice Hotels International by 0.9% in the 3rd quarter. Aurora Investment Managers LLC. now owns 12,465 shares of the company’s stock valued at $1,624,000 after buying an additional 113 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Choice Hotels International by 144.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock worth $25,000 after buying an additional 117 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors.

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.