Somewhat Favorable News Coverage Somewhat Unlikely to Impact FelCor Lodging Trust (FCH) Share Price
Press coverage about FelCor Lodging Trust (NYSE:FCH) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FelCor Lodging Trust earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.1402401211675 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research firms have commented on FCH. BidaskClub raised shares of FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. FBR & Co reaffirmed a “neutral” rating and set a $7.00 price objective (down from $8.00) on shares of FelCor Lodging Trust in a research report on Monday, August 14th. Zacks Investment Research cut shares of FelCor Lodging Trust from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Finally, ValuEngine raised shares of FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $7.00.
Shares of FelCor Lodging Trust (NYSE FCH) opened at 7.30 on Friday. FelCor Lodging Trust has a 12 month low of $6.00 and a 12 month high of $9.13. The company’s market cap is $1.01 billion. The stock has a 50 day moving average of $7.20 and a 200-day moving average of $7.34.
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 for the quarter, missing the consensus estimate of $0.29 by ($0.35). The company had revenue of $220.40 million during the quarter, compared to the consensus estimate of $222.20 million. During the same period in the prior year, the business posted $0.32 earnings per share. The business’s revenue was down 7.4% compared to the same quarter last year. Equities analysts forecast that FelCor Lodging Trust will post ($0.37) earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact FelCor Lodging Trust (FCH) Share Price” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-felcor-lodging-trust-fch-share-price/1612034.html.
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.
Receive News & Ratings for FelCor Lodging Trust Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FelCor Lodging Trust Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.