Somewhat Favorable News Coverage Somewhat Unlikely to Impact Chesapeake Lodging Trust (CHSP) Stock Price

News stories about Chesapeake Lodging Trust (NYSE:CHSP) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public 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 0.05 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.04877243274 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research analysts have commented on the stock. Zacks Investment Research lowered shares of Chesapeake Lodging Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. SunTrust Banks restated a “hold” rating and issued a $23.00 price objective on shares of Chesapeake Lodging Trust in a research note on Tuesday, October 17th. Royal Bank of Canada restated a “hold” rating and issued a $25.00 price objective on shares of Chesapeake Lodging Trust in a research note on Friday, September 22nd. Robert W. Baird restated a “buy” rating and issued a $27.00 price objective on shares of Chesapeake Lodging Trust in a research note on Sunday, November 5th. Finally, JPMorgan Chase & Co. lowered shares of Chesapeake Lodging Trust from a “neutral” rating to an “underweight” rating in a research note on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $27.17.

Chesapeake Lodging Trust (NYSE:CHSP) opened at $27.37 on Friday. Chesapeake Lodging Trust has a one year low of $22.55 and a one year 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. The stock has a market cap of $1,645.35, a PE ratio of 33.79, a PEG ratio of 2.30 and a beta of 1.10.

Chesapeake Lodging Trust (NYSE:CHSP) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). Chesapeake Lodging Trust had a return on equity of 5.11% and a net margin of 9.71%. The firm had revenue of $158.28 million for the quarter, compared to analyst estimates of $159.18 million. During the same quarter last year, the firm earned $0.71 earnings per share. The company’s revenue was down 3.8% compared to the same quarter last year. research analysts predict that Chesapeake Lodging Trust will post 2.19 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, December 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.85%. Chesapeake Lodging Trust’s dividend payout ratio (DPR) is 197.53%.

In other news, Director Jeffrey D. Nuechterlein sold 6,000 shares of the business’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 transaction, the director now directly owns 19,485 shares in the company, valued at $558,829.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.20% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)

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