Chesapeake Lodging Trust (NYSE:CHSP) will post its quarterly earnings results before the market opens on Thursday, February 15th. Analysts expect Chesapeake Lodging Trust to post earnings of $0.21 per share for the quarter.
Chesapeake Lodging Trust (NYSE CHSP) opened at $26.33 on Tuesday. The company has a market capitalization of $1,603.87, a price-to-earnings ratio of 12.24, a P/E/G ratio of 2.24 and a beta of 1.08. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.84. Chesapeake Lodging Trust has a twelve month low of $22.55 and a twelve month high of $29.36.
In other Chesapeake Lodging Trust news, Director Jeffrey D. Nuechterlein sold 6,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $28.68, for a total transaction of $172,080.00. Following the transaction, the director now owns 19,485 shares of the company’s stock, valued at $558,829.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.50% of the company’s stock.
Several equities analysts recently commented on the company. Deutsche Bank increased their target price on Chesapeake Lodging Trust from $23.00 to $26.00 and gave the company a “hold” rating in a report on Friday. Zacks Investment Research raised Chesapeake Lodging Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Robert W. Baird set a $30.00 price objective on Chesapeake Lodging Trust and gave the stock a “buy” rating in a report on Friday, December 1st. JPMorgan Chase & Co. lowered Chesapeake Lodging Trust from a “neutral” rating to an “underweight” rating in a report on Thursday, November 16th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $23.00 price objective on shares of Chesapeake Lodging Trust in a report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $27.83.
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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.
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