Positive Media Coverage Likely to Impact FelCor Lodging Trust (FCH) Share Price
News articles about FelCor Lodging Trust (NYSE:FCH) have been trending positive on Saturday, Alpha One Sentiment reports. The research group, a service of Accern, rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FelCor Lodging Trust earned a news impact score of 0.50 on Alpha One’s scale. Alpha One also gave headlines about the real estate investment trust an impact score of 75 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Alpha One’s analysis:
- Zacks: Brokerages Expect FelCor Lodging Trust Incorporated (FCH) Will Announce Quarterly Sales of $222.22 Million (americanbankingnews.com)
- FelCor Lodging Trust Incorporated (FCH) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- ETFs with exposure to FelCor Lodging Trust, Inc. : June 15, 2017 (finance.yahoo.com)
- FelCor Lodging Trust Incorporated (FCH) Expected to Post Earnings of $0.28 Per Share (americanbankingnews.com)
- Under Analyst’s Radar: Felcor Lodging Trust Inc (FCH) (naijaoversabi.com)
Several equities analysts have weighed in on FCH shares. Zacks Investment Research lowered FelCor Lodging Trust from a “hold” rating to a “sell” rating in a report on Thursday, April 6th. ValuEngine raised FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 20th. Finally, FBR & Co reaffirmed a “hold” rating and issued a $8.00 price target on shares of FelCor Lodging Trust in a report on Friday, February 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.13.
FelCor Lodging Trust (NYSE:FCH) traded up 0.67% during trading on Friday, hitting $7.46. The stock had a trading volume of 1,348,558 shares. FelCor Lodging Trust has a 52-week low of $5.68 and a 52-week high of $9.13. The company has a 50-day moving average price of $7.35 and a 200-day moving average price of $7.57. The company’s market cap is $1.03 billion.
FelCor Lodging Trust (NYSE:FCH) last issued its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by $0.03. FelCor Lodging Trust had a negative net margin of 3.25% and a negative return on equity of 25.32%. The business had revenue of $188.10 million for the quarter, compared to the consensus estimate of $192.24 million. During the same period in the previous year, the firm earned $0.14 EPS. The company’s revenue was down 10.5% on a year-over-year basis. Equities research analysts forecast that FelCor Lodging Trust will post ($0.19) EPS for the current year.
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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