Choice Hotels International, Inc. (NYSE:CHH) Declares Quarterly Dividend of $0.29

Choice Hotels International, Inc. (NYSE:CHH) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Thursday, October 1st will be paid a dividend of 0.2875 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, October 1st.

Choice Hotels International has increased its dividend by an average of 0.4%annually over the last three years. Choice Hotels International has a payout ratio of 15.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Choice Hotels International to earn $7.34 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 15.7%.

Choice Hotels International Stock Up 0.4%

Shares of NYSE:CHH opened at $98.60 on Friday. The business’s 50 day moving average is $106.26 and its 200 day moving average is $107.61. Choice Hotels International has a 12-month low of $84.04 and a 12-month high of $123.82. The stock has a market cap of $4.44 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 2.48 and a beta of 0.66. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The business had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. During the same period last year, the business earned $1.92 EPS. The business’s revenue was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, sell-side analysts forecast that Choice Hotels International will post 6.97 earnings per share for the current fiscal year.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.