Chesapeake Lodging Trust (CHSP) Receives Daily Media Impact Rating of 0.13
Press coverage about Chesapeake Lodging Trust (NYSE:CHSP) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chesapeake Lodging Trust earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.4460441750842 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Chesapeake Lodging Trust (NYSE:CHSP) traded down 2.76% during mid-day trading on Tuesday, hitting $24.98. 89,305 shares of the stock traded hands. Chesapeake Lodging Trust has a one year low of $20.81 and a one year high of $27.08. The stock has a market capitalization of $1.47 billion, a PE ratio of 25.54 and a beta of 1.11. The company has a 50 day moving average price of $25.06 and a 200-day moving average price of $24.30.
Chesapeake Lodging Trust (NYSE:CHSP) last announced its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.02. The company had revenue of $162.50 million for the quarter, compared to analyst estimates of $161.41 million. Chesapeake Lodging Trust had a net margin of 10.77% and a return on equity of 5.53%. The firm’s revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 EPS. Equities analysts anticipate that Chesapeake Lodging Trust will post $0.82 earnings per share for the current fiscal year.
Several analysts have weighed in on the stock. TheStreet raised shares of Chesapeake Lodging Trust from a “c+” rating to a “b” rating in a research note on Friday, August 4th. Deutsche Bank AG reaffirmed a “hold” rating and set a $22.00 price objective (up from $21.00) on shares of Chesapeake Lodging Trust in a research note on Tuesday, July 18th. BidaskClub cut shares of Chesapeake Lodging Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Zacks Investment Research cut shares of Chesapeake Lodging Trust from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $25.00 price objective on shares of Chesapeake Lodging Trust in a research note on Friday, August 4th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $25.20.
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Chesapeake Lodging Trust Company Profile
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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