FelCor Lodging Trust (FCH) Given Daily News Sentiment Rating of 0.09
Headlines about FelCor Lodging Trust (NYSE:FCH) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. FelCor Lodging Trust earned a news impact score of 0.09 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.129597974939 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
FelCor Lodging Trust (NYSE:FCH) opened at 7.30 on Friday. FelCor Lodging Trust has a 52 week low of $6.00 and a 52 week high of $9.13. The firm has a 50-day moving average price of $7.20 and a 200-day moving average price of $7.34. The stock’s market cap is $1.01 billion.
FelCor Lodging Trust (NYSE:FCH) last released its earnings results 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 business had revenue of $220.40 million during the quarter, compared to analysts’ expectations of $222.20 million. The company’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 EPS. On average, equities research analysts predict that FelCor Lodging Trust will post ($0.37) EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 28th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Thursday, August 24th. FelCor Lodging Trust’s dividend payout ratio (DPR) is presently -48.98%.
A number of research analysts have commented on FCH shares. FBR & Co restated a “neutral” rating and issued a $7.00 target price (down previously from $8.00) on shares of FelCor Lodging Trust in a research note on Monday, August 14th. BidaskClub upgraded FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded FelCor Lodging Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, ValuEngine downgraded FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. FelCor Lodging Trust has an average rating of “Hold” and a consensus price target of $7.83.
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About FelCor Lodging Trust
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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