Press coverage about Chesapeake Lodging Trust (NYSE:CHSP) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chesapeake Lodging Trust earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.2304431955431 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Gaming and Leisure Properties (GLPIV) vs. Chesapeake Lodging Trust (CHSP) Financial Comparison (americanbankingnews.com)
- Analysts Expect Chesapeake Lodging Trust (CHSP) Will Post Quarterly Sales of $159.60 Million (americanbankingnews.com)
- Chesapeake Lodging Trust breached its 50 day moving average in a Bullish Manner : CHSP-US : August 15, 2017 (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Chesapeake Lodging Trust. (finance.yahoo.com)
A number of equities analysts recently weighed in on CHSP shares. BidaskClub upgraded shares of Chesapeake Lodging Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. Deutsche Bank AG reiterated a “hold” rating and issued a $22.00 price objective (up from $21.00) on shares of Chesapeake Lodging Trust in a research report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Chesapeake Lodging Trust from a “sell” rating to a “hold” rating in a research report on Thursday, April 27th. Robert W. Baird reiterated an “outperform” rating and issued a $27.00 price objective (up from $26.00) on shares of Chesapeake Lodging Trust in a research report on Friday, June 16th. Finally, TheStreet upgraded shares of Chesapeake Lodging Trust from a “c+” rating to a “b” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Chesapeake Lodging Trust currently has an average rating of “Hold” and an average price target of $25.20.
Shares of Chesapeake Lodging Trust (CHSP) opened at 24.61 on Friday. The firm’s 50 day moving average is $24.92 and its 200 day moving average is $24.32. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 25.16 and a beta of 1.13. Chesapeake Lodging Trust has a 12 month low of $20.81 and a 12 month high of $27.08.
Chesapeake Lodging Trust (NYSE:CHSP) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. Chesapeake Lodging Trust had a return on equity of 5.53% and a net margin of 10.77%. The firm had revenue of $162.50 million for the quarter, compared to analyst estimates of $161.41 million. During the same period last year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was down 4.1% on a year-over-year basis. On average, equities analysts predict that Chesapeake Lodging Trust will post $0.82 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This story was originally reported by BNB Daily and is the sole property of of BNB Daily. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://www.baseball-news-blog.com/2017/08/19/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-chesapeake-lodging-trust-nysechsp-share-price-updated-updated.html.
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.
Receive News & Ratings for Chesapeake Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Lodging Trust and related companies with MarketBeat.com's FREE daily email newsletter.