Media coverage about FelCor Lodging Trust (NYSE:FCH) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FelCor Lodging Trust earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.38165717525 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
FelCor Lodging Trust (NYSE:FCH) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.35). The firm had revenue of $220.40 million during the quarter, compared to analyst estimates of $222.20 million. During the same period last year, the business earned $0.32 EPS. The company’s revenue was down 7.4% on a year-over-year basis.
A number of analysts recently commented on the stock. BidaskClub upgraded shares of FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. FBR & Co reiterated a “neutral” rating and issued a $7.00 target price (down from $8.00) on shares of FelCor Lodging Trust in a research note on Monday, August 14th. Zacks Investment Research cut shares of FelCor Lodging Trust from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, ValuEngine upgraded shares of FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $7.00.
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FelCor Lodging Trust Company Profile
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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