News articles about Chesapeake Lodging Trust (NYSE:CHSP) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Chesapeake Lodging Trust earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 47.6799460652009 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised Chesapeake Lodging Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Janney Montgomery Scott decreased their price target on Chesapeake Lodging Trust from $32.00 to $26.32 and set a “fair value” rating on the stock in a research report on Friday, February 16th. Robert W. Baird reiterated a “buy” rating and issued a $29.00 price objective on shares of Chesapeake Lodging Trust in a research report on Friday, February 16th. Finally, Deutsche Bank increased their price objective on Chesapeake Lodging Trust from $23.00 to $26.00 and gave the company a “hold” rating in a research report on Friday, February 9th. 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 issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $26.72.
Shares of NYSE:CHSP traded up $0.08 during midday trading on Friday, hitting $27.81. The company had a trading volume of 648,638 shares, compared to its average volume of 278,412. Chesapeake Lodging Trust has a 12 month low of $22.55 and a 12 month high of $29.36. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $1,679.20, a P/E ratio of 12.82, a P/E/G ratio of 2.34 and a beta of 1.09.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend is Wednesday, March 28th. Chesapeake Lodging Trust’s dividend payout ratio is 73.73%.
WARNING: “Chesapeake Lodging Trust (CHSP) Receives Daily Media Sentiment Score of 0.16” was posted by BBNS and is the property of of BBNS. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://baseballnewssource.com/2018/04/01/chesapeake-lodging-trust-chsp-earns-daily-media-impact-rating-of-0-16/1996656.html.
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.
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.