Morgan Stanley initiated coverage on Choice Hotels with a new price target
$CHH
Hotels/Resorts
Consumer Discretionary
Morgan Stanley initiated coverage of Choice Hotels with a rating of Equal-Weight and set a new price target of $137.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/18/2024 | $105.00 | Sell | Goldman |
| 7/19/2024 | $120.00 | Neutral → Underweight | JP Morgan |
| 6/21/2024 | $125.00 | Neutral | Susquehanna |
| 3/11/2024 | $96.00 → $156.00 | Underperform → Buy | Jefferies |
| 1/2/2024 | $119.00 → $96.00 | Hold → Underperform | Jefferies |
| 12/14/2023 | $115.00 | Underweight → Neutral | JP Morgan |
| 10/23/2023 | $131.00 | Hold | HSBC Securities |
| 9/25/2023 | $145.00 | Buy | Argus |
NORTH BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, will report its third quarter 2024 earnings results at approximately 6:30 a.m. EST on Monday, November 4, 2024. The company will also hold a conference call at 10 a.m. EST, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (i
Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md., Sept. 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, announced that its board of directors has declared a cash dividend of $0.2875 per share on the company's common stock. The dividend is payable on October 16, 2024, to shareholders of record on October 1, 2024. About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale
Raises Midpoint of Full-year 2024 EPS GuidanceGlobal Rooms Pipeline up 22% and Openings up 20% Year-over-Year NORTH BETHESDA, Md., Aug. 8, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, today reported its second quarter 2024 results. Highlights include: Total revenues reached $435.2 million for second quarter 2024, a quarterly record and a 2% increase compared to the same period of 2023.Net income increased 3% to $87.1 million for the second quarter of 2024, representing diluted earnings per share (EPS) of $
Members can redeem points at more than 7,000 hotels around the world, including 1,000 luxury and upscale, full-service hotels across Radisson, Radisson Blu, Cambria Hotels and others NORTH BETHESDA, Md., Oct. 31, 2024 /PRNewswire/ -- Choice Privileges, the award-winning rewards program of Choice Hotels International, Inc. (NYSE:CHH), is introducing new features aimed at giving members more value and opportunities to use their points. Starting in early 2025, Choice will triple its reward night booking window to 50 weeks, give members the option to redeem points for the premium features that matter most to them, and introduce Choice RewardSaver, a redemption tool that gives customers a better
Across the Industry, Choice Has the Fastest Growing Economy Extended Stay Portfolio and Leads in Economy New Construction Extended Stay Choice's Extended Stay Hotels Help Deliver Returns on Investment and Gross Operating Profit NORTH BETHESDA, Md., Oct. 23, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) celebrates a pivotal moment in its growth journey with the opening of its 500th extended stay property, an Everhome Suites in Glendale, Arizona. This achievement underscores Choice's rapid expansion and leadership in the economy and midscale extended stay market, powered by a playbook that helps drive revenue and lowers total cost of ownership with strategic new builds an
NORTH BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, will report its third quarter 2024 earnings results at approximately 6:30 a.m. EST on Monday, November 4, 2024. The company will also hold a conference call at 10 a.m. EST, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (i
Choice Hotels reinforces its leadership and first-mover advantage in extended stay with groundbreakings in Texas, Kansas, and Kentucky NORTH BETHESDA, Md., Aug. 20, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, continues to strengthen its leadership position in extended stay with three new Everhome Suites breaking ground in San Antonio, Texas; Bowling Green, Kentucky; and Wichita, Kansas. All three were developed in collaboration with Highside Companies. These groundbreakings, along with eight others earlier this year, demonstrate Choice's first-mover advantage in the category, continuing to capitalize on extended stay dema
After 3.9 million points redeemed for college football experiences, rewards program continues expanding exclusive sports opportunities for members NORTH BETHESDA, Md., Jan. 31, 2024 /PRNewswire/ -- Choice Privileges, the award-winning rewards program of Choice Hotels International, Inc. (NYSE:CHH), announced a sponsorship with Trackhouse Racing for the 2024 NASCAR Cup series season. As part of the continued reinvigoration of the program, Choice Privileges is offering exclusive VIP passes, grandstand tickets, merchandise and more for races throughout the season. Choice Privileges is increasingly strengthening rewards and opportunities for members following the successful college football, bas
Move Comes as Company Continues to Expand Global Portfolio ROCKVILLE, Md., Nov. 13, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, has named Ricardo Losada Revol as Senior Vice President and General Manager, International. A veteran finance and international business development executive, Mr. Losada Revol joins Choice as the company continues to expand its global footprint. In the newly created role, Mr. Losada Revol is charged with driving the growth and performance of Choice's international segment, which n
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Goldman initiated coverage of Choice Hotels with a rating of Sell and set a new price target of $105.00
JP Morgan downgraded Choice Hotels from Neutral to Underweight and set a new price target of $120.00
Susquehanna initiated coverage of Choice Hotels with a rating of Neutral and set a new price target of $125.00
Choice Hotels Intl (NYSE:CHH) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 1 0 Last 30D 0 0 0 1 0 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Choice Hotels Intl, presenting an average target of $127.6, a high estimate of $144.
JP Morgan analyst Joseph Greff downgrades Choice Hotels Intl (NYSE:CHH) from Neutral to Underweight and announces $120 price target.
The notes will mature on August 1, 2034, will bear interest at a rate of 5.850%, and will be issued at 98.929% of par value. The notes will be unsecured, unsubordinated obligations of the Company.