Media stories about Chesapeake Lodging Trust (NYSE:CHSP) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chesapeake Lodging Trust earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 48.0968876961189 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Chesapeake Lodging Trust (CHSP) Receives Fair Value Rating from Janney Montgomery Scott (americanbankingnews.com)
- Chesapeake Lodging Trust’s (CHSP) “Buy” Rating Reiterated at Robert W. Baird (americanbankingnews.com)
- Chesapeake Lodging Trust misses by $0.04, misses on revenue (seekingalpha.com)
- Chesapeake Lodging Trust (CHSP) Releases Quarterly Earnings Results, Beats Estimates By $0.27 EPS (americanbankingnews.com)
- Chesapeake Lodging Trust (CHSP) Issues FY18 Earnings Guidance (americanbankingnews.com)
A number of equities analysts recently weighed in on CHSP shares. Janney Montgomery Scott cut their price target on shares of Chesapeake Lodging Trust from $32.00 to $26.32 and set a “fair value” rating on the stock in a report on Friday. Zacks Investment Research raised shares of Chesapeake Lodging Trust from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Thursday, November 2nd. Deutsche Bank boosted their price target on shares of Chesapeake Lodging Trust from $23.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, February 9th. Robert W. Baird set a $30.00 price target on shares of Chesapeake Lodging Trust and gave the stock a “buy” rating in a report on Friday, December 1st. Finally, JPMorgan Chase & Co. downgraded shares of Chesapeake Lodging Trust from a “neutral” rating to an “underweight” rating in a report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Chesapeake Lodging Trust presently has an average rating of “Hold” and a consensus price target of $26.72.
Shares of Chesapeake Lodging Trust (NYSE:CHSP) opened at $26.66 on Friday. The company has a market cap of $1,609.76, a PE ratio of 24.02, a price-to-earnings-growth ratio of 2.24 and a beta of 1.08. Chesapeake Lodging Trust has a fifty-two week low of $22.55 and a fifty-two week high of $29.36. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.84.
Chesapeake Lodging Trust (NYSE:CHSP) last released its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.02). The business had revenue of $142.70 million for the quarter, compared to analysts’ expectations of $143.85 million. Chesapeake Lodging Trust had a net margin of 12.34% and a return on equity of 6.55%. Chesapeake Lodging Trust’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.48 earnings per share. equities research analysts anticipate that Chesapeake Lodging Trust will post 2.38 EPS for the current year.
In other Chesapeake Lodging Trust news, Director Jeffrey D. Nuechterlein sold 6,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $28.68, for a total transaction of $172,080.00. Following the sale, the director now directly owns 19,485 shares of the company’s stock, valued at $558,829.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.
About Chesapeake Lodging Trust
Chesapeake Lodging Trust is a real estate investment trust. The Company is focused on investments primarily in upper-upscale hotels in various business and convention markets and, on a selective basis, select-service hotels in urban settings or other locations in the United States. The Company operates through the hotel ownership segment.
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