News stories about Condor Hospitality Trust (NASDAQ:CDOR) have been trending positive recently, according to AlphaOne Sentiment. The research firm, a service of Accern, ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Condor Hospitality Trust earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned headlines about the financial services provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Alpha One Sentiment Analysis’s rankings:
- Condor Hospitality Trust, Inc. (CDOR) Now Covered by KeyCorp (americanbankingnews.com)
- Condor Hospitality Trust, Inc. (CDOR) Receives “Buy” Rating from DA Davidson (americanbankingnews.com)
- DA Davidson Equities Analysts Decrease Earnings Estimates for Condor Hospitality Trust, Inc. (CDOR) (americanbankingnews.com)
- Condor Hospitality Trust, Inc. (CDOR) Releases Earnings Results, Misses Expectations By $5.35 EPS (americanbankingnews.com)
Shares of Condor Hospitality Trust (NASDAQ:CDOR) traded down 1.27% during trading on Friday, reaching $10.10. The company’s stock had a trading volume of 60,631 shares. The firm has a market cap of $68.36 million, a P/E ratio of 10.88 and a beta of 2.89. The stock’s 50 day moving average is $10.58 and its 200 day moving average is $12.10. Condor Hospitality Trust has a one year low of $9.81 and a one year high of $20.41.
Condor Hospitality Trust (NASDAQ:CDOR) last announced its quarterly earnings results on Monday, May 15th. The financial services provider reported ($4.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by $5.35. Condor Hospitality Trust had a net margin of 42.97% and a return on equity of 198.96%. On average, equities analysts forecast that Condor Hospitality Trust will post $1.89 EPS for the current fiscal year.
Several equities analysts have weighed in on CDOR shares. DA Davidson set a $12.00 price objective on Condor Hospitality Trust and gave the company a “buy” rating in a research note on Wednesday. Janney Montgomery Scott started coverage on Condor Hospitality Trust in a research note on Tuesday, April 25th. They set a “buy” rating and a $12.00 price objective on the stock. Finally, KeyCorp started coverage on Condor Hospitality Trust in a research note on Friday. They set a “sector weight” rating on the stock.
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In other Condor Hospitality Trust news, CEO J William Blackham III purchased 71,428 shares of the stock in a transaction dated Wednesday, March 29th. The shares were purchased at an average cost of $10.50 per share, with a total value of $749,994.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have bought 75,017 shares of company stock worth $787,031. Corporate insiders own 44.20% of the company’s stock.
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