FelCor Lodging Trust Incorporated (NYSE:FCH) is scheduled to announce its earnings results before the market opens on Monday, July 24th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.
FelCor Lodging Trust (NYSE:FCH) last issued its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.03. The firm had revenue of $188.10 million during the quarter, compared to analysts’ expectations of $192.24 million. FelCor Lodging Trust had a negative return on equity of 25.32% and a negative net margin of 3.25%. The firm’s quarterly revenue was down 10.5% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share. On average, analysts expect FelCor Lodging Trust to post $-0.19 EPS for the current fiscal year and $0.08 EPS for the next fiscal year.
FelCor Lodging Trust Incorporated (NYSE:FCH) opened at 7.14 on Friday. FelCor Lodging Trust Incorporated has a one year low of $6.00 and a one year high of $9.13. The stock’s market capitalization is $988.33 million. The firm has a 50-day moving average of $7.31 and a 200 day moving average of $7.46.
The company also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Stockholders of record on Friday, July 14th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Wednesday, July 12th. FelCor Lodging Trust’s dividend payout ratio is currently -63.16%.
Several equities analysts recently commented on FCH shares. BidaskClub raised shares of FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday. ValuEngine raised shares of FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 14th. Finally, Zacks Investment Research raised shares of FelCor Lodging Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $8.17.
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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