Choice Hotels International, Inc. (CHH)
Market Cap | 5.91B |
Revenue (ttm) | 1.54B |
Net Income (ttm) | 258.51M |
Shares Out | 49.67M |
EPS (ttm) | 5.07 |
PE Ratio | 23.52 |
Forward PE | 18.35 |
Dividend | $1.15 (0.97%) |
Ex-Dividend Date | Apr 1, 2024 |
Volume | 559,507 |
Open | 117.95 |
Previous Close | 118.95 |
Day's Range | 117.73 - 119.99 |
52-Week Range | 108.91 - 136.02 |
Beta | 1.21 |
Analysts | Hold |
Price Target | 129.67 (+8.92%) |
Earnings Date | May 8, 2024 |
About CHH
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... [Read more]
Financial Performance
In 2023, CHH's revenue was $1.54 billion, an increase of 10.14% compared to the previous year's $1.40 billion. Earnings were $258.51 million, a decrease of -22.17%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CHH stock is "Hold." The 12-month stock price forecast is $129.67, which is an increase of 8.92% from the latest price.
News
Choice Hotels International Unveils Year of Sustainability Milestones in Newly Published 2023 Environmental, Social, and Governance Report
Highlights Include Committing to Reduce Greenhouse Gas Emissions, Incorporating Sustainability into Property Improvement Plans, and a Refreshed Approach to Human Trafficking Awareness and Prevention ...
Choice Hotels International to Report 2024 First Quarter Results on May 8, 2024
NORTH BETHESDA, Md. , April 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report its first quarter 2024 earnings results ...
Choice Hotels and Influencer Jimmy Darts Make Travels Come True with Vacation Giveaway on TikTok for Two Deserving Families
Choice Hotels Engages the Next Generation of Travelers with its First Ever TikTok Marketing Campaign NORTH BETHESDA, Md., April 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH...
Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands
Move Bolsters Company's Commitment to Upper Midscale, Midscale and Economy Brands, Including Comfort, Country Inn & Suites, Quality Inn, Econo Lodge and More NORTH BETHESDA, Md. , April 9, 2024 /PRNew...
Digital Redemption Unlocked: Choice Privileges Makes It Easier for Members to Use Points for Luxury Stays at Preferred Hotels & Resorts
Choice Privileges continues to offer members many ways to earn points including with co-branded credit cards redeemable for stays at hotels around the world NORTH BETHESDA, Md., April 2, 2024 /PRNewsw...
Choice Hotels Promotes Sireesha Kunduri to Chief of Product Engineering
Move Comes as Company Continues Legacy of Technological Innovation in Hospitality Industry NORTH BETHESDA, Md. , March 25, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of th...
Lifestyle Hotel Sleep Inn Unveils Newly Redesigned Guestrooms and Common Areas as Part of its Scenic Dreams Prototype, Developed in Collaboration with Owners and Operators
Research finds value engineered prototype increases guests' likelihood to stay, maintains low build and operating costs, while delivering a unique midscale experience for guests NORTH BETHESDA, Md., M...
Choice Hotels Ends $7.8 Billion Takeover Bid for Wyndham
Choice Hotels International (CHH) has ended its roughly $7.8 billion takeover bid for competitor Wyndham Hotels & Resorts (WH), as it accused Wyndham's board of a "refusal to constructively and substa...
Choice Hotels Stock Is Rising. The Bid for Wyndham Hotels Is Over.
Choice Hotels ended a hostile bid for rival budget-hotel chain Wyndham Hotels, and let expire a tender offer for the latter's stock.
Choice Hotels scraps effort to buy Wyndham Hotels after board refuses to hold talks
Choice Hotels International Inc.'s stock jumped 7.5% on Monday, after the company said it's scrapping its effort to acquire Wyndham Hotels & Resorts Inc. after conceding that a deal is not available a...
Wyndham Comments on Expiration of Choice's Unsolicited Exchange Offer and Withdrawal of Director Nominees
PARSIPPANY, N.J. , March 11, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham") today commented on the expiration of Choice Hotels International, Inc.'s (NYSE: CHH) ("Choice") exchan...
Choice Hotels Scraps Roughly $7 Billion Bid For Wyndham After Rebuff
Choice Hotels said it is abandoning its roughly $7 billion takeover bid for rival Wyndham Hotels & Resorts after attempting to drive a deal through despite being rebuffed by Wyndham's board.
Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts
Announces Expiration of Exchange Offer and Withdrawal of Independent Director Candidates for Election at Wyndham's 2024 Annual Meeting Increases Share Repurchase Authorization Projects to Continue Del...
Wyndham Board of Directors Sends Letter to Shareholders Highlighting Clear Path to Deliver Value Substantially in Excess of Choice's Inadequate and Risk-Laden Offer
Urges Shareholders to Protect Their Investment and the Future of Wyndham by Supporting Only Wyndham's Eight Highly-Qualified Director Nominees Encourages Shareholders to Visit StayWyndham.com for More...
Choice Hotels Named One of America's Greatest Workplaces for Women 2024 by Newsweek
Widely recognized as a "best place to work," Choice is dedicated to diversity and the overall wellness of its associates NORTH BETHESDA, Md. , March 8, 2024 /PRNewswire/ -- Choice Hotels International...
Everhome Suites Makes its Debut on the East Coast with Opening in Newnan, GA, Continuing the Brand's Growth
Everhome opens in dual-site property alongside WoodSpring Suites to attract different guests NORTH BETHESDA, Md. , March 7, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) announce...
Choice Hotels is proud to offer AARP members discounts on over 7,000 Hotels Across 22 Hotel Brands
NORTH BETHESDA, Md. , March 6, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) one of the world's largest hotel franchisors, announced an agreement to offer AARP members discounts o...
Top 5 Consumer Stocks You'll Regret Missing This Quarter - Big 5 Sporting Goods (NASDAQ:BGFV), ARKO (NASDAQ:ARKO)
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8th Deadline
Wyndham Stockholders Need to Send a Clear Message to the Wyndham Board to Engage Constructively NORTH BETHESDA, Md. , March 5, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) ("Cho...
Choice Hotels Kicks Off 9th Annual "Mastery" Tech Innovation Summit, Operating at the Intersection of Hospitality, Franchising and Technology
500 Choice technologists gather for trainings and workshops and to compete in a 48-hour make-a-thon to develop next-generation hospitality solutions NORTH BETHESDA, Md. , March 4, 2024 /PRNewswire/ --...
Hotel stocks: Top 3 bullish indicators in 2024
The travel sector experienced a boom in 2023, though there may be "new wrinkles" to investing in hotel stocks in 2024. Booking sites like Expedia have issued cautious commentary, explaining the "post-...
Local non-profits recognized through Choice Hotels' Your Community, Your Choice Program
Choice enables hotel owners and operators to give back to their communities through grant awards totaling $75,000 NORTH BETHESDA, Md. , March 1, 2024 /PRNewswire/ -- Over a dozen local non-profits nat...
Choice Hotels stock is a 'win-win': Analyst
As part of Yahoo Finance's Travel Guide 2024: Industry Insights special, Baird Senior Research Analyst Michael Bellisario sharwes his top hotel stock pick: Choice Hotels (CHH). He calls Choice a "win-...
Choice Hotels stock is a 'win-win' stock: Analyst
As part of Yahoo Finance's Travel Guide 2024: Industry Insights special, Baird Senior Research Analyst Michael Bellisario sharwes his top hotel stock pick: Choice Hotels (CHH). He calls Choice a "win-...
Choice Hotels Announces Quarterly Cash Dividend
Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md., Feb. 28, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leadin...