FelCor Lodging Trust (FCH) Getting Somewhat Positive Media Coverage, Analysis Finds
News headlines about FelCor Lodging Trust (NYSE:FCH) have trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog 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. FelCor Lodging Trust earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.1408772677359 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
FelCor Lodging Trust (NYSE:FCH) traded up $0.08 during mid-day trading on Friday, reaching $7.30. The company had a trading volume of 6,710,000 shares, compared to its average volume of 2,950,000. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of -9.68. FelCor Lodging Trust has a 12-month low of $6.00 and a 12-month high of $9.13.
FelCor Lodging Trust (NYSE:FCH) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.35). The firm had revenue of $220.40 million for the quarter, compared to analysts’ expectations of $222.20 million. FelCor Lodging Trust’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 earnings per share.
A number of equities analysts have recently issued reports on FCH shares. FBR & Co reissued a “neutral” rating and issued a $7.00 target price (down from $8.00) on shares of FelCor Lodging Trust in a report on Monday, August 14th. BidaskClub raised FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. Zacks Investment Research raised FelCor Lodging Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, ValuEngine cut FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $7.00.
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FelCor Lodging Trust Company Profile
FelCor Lodging Trust Incorporated is a real estate investment trust (REIT). The Company, through its subsidiary, FelCor Lodging Limited Partnership, held ownership interests in 39 hotels with 11,500 rooms, as of December 31, 2016. The Company sells, acquires, rebrands and redevelops hotels. As of December 31, 2016, the Company’s hotels were located in 14 states of the United States.
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