Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Chesapeake Lodging Trust (CHSP) Share Price

Media headlines about Chesapeake Lodging Trust (NYSE:CHSP) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chesapeake Lodging Trust earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 48.2739474790994 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several research firms recently commented on CHSP. Zacks Investment Research upgraded shares of Chesapeake Lodging Trust from a “sell” rating to a “hold” rating in a research report on Monday. Robert W. Baird restated a “buy” rating and issued a $29.00 target price on shares of Chesapeake Lodging Trust in a report on Friday, February 16th. Janney Montgomery Scott reduced their target price on shares of Chesapeake Lodging Trust from $32.00 to $26.32 and set a “fair value” rating on the stock in a report on Friday, February 16th. Deutsche Bank upped their target price on shares of Chesapeake Lodging Trust from $23.00 to $26.00 and gave the company a “hold” rating in a report on Friday, February 9th. Finally, JPMorgan Chase & Co. lowered shares of Chesapeake Lodging Trust from a “neutral” rating to an “underweight” rating in a report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Chesapeake Lodging Trust has an average rating of “Hold” and a consensus target price of $26.72.

Chesapeake Lodging Trust (CHSP) opened at $26.08 on Friday. The firm has a market cap of $1,569.29, a PE ratio of 23.50, a PEG ratio of 2.18 and a beta of 1.08. Chesapeake Lodging Trust has a 1-year low of $22.55 and a 1-year high of $29.36. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.79.

Chesapeake Lodging Trust (NYSE:CHSP) last announced its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.02). The company had revenue of $142.70 million for the quarter, compared to analysts’ expectations of $143.85 million. Chesapeake Lodging Trust had a return on equity of 6.67% and a net margin of 12.34%. The company’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.48 earnings per share. research analysts anticipate that Chesapeake Lodging Trust will post 2.38 earnings per share for the current year.

In other news, Director Jeffrey D. Nuechterlein sold 6,000 shares of the 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 approximately $558,829.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.20% of the company’s stock.

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Chesapeake Lodging Trust Company Profile

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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