About Condor Hospitality Trust (NYSEAMERICAN:CDOR)
Condor Hospitality Trust Inc. is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily invests in limited-service hotels. The firm specializes in the select-service segment of the lodging industry. It was formerly known as Supertel Hospitality, Inc. Condor Hospitality Trust Inc. was launched on August 23, 1994 and is based in Norfolk, Nebraska.
Industry, Sector and Symbol:
- Industry: N/A
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NYSEAMERICAN:CDOR
- Previous Symbol: NASDAQ:CDOR
- CUSIP: N/A
- Web: www.condorhospitality.com
- Debt-to-Equity Ratio: 0.74%
- Current Ratio: 5.04%
- Quick Ratio: 5.04%
- Annual Dividend: $0.78
- Dividend Yield: 7.8%
- Trailing EPS: $3.47
- Net Margins: 27.30%
- Return on Equity: 43.55%
- Return on Assets: 8.50%
- Employees: 14
- Outstanding Shares: 11,680,000
Frequently Asked Questions for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
What is Condor Hospitality Trust's stock symbol?
Condor Hospitality Trust trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "CDOR."
How often does Condor Hospitality Trust pay dividends? What is the dividend yield for Condor Hospitality Trust?
Condor Hospitality Trust declared a quarterly dividend on Friday, September 22nd. Shareholders of record on Monday, October 2nd will be paid a dividend of $0.195 per share on Monday, October 9th. This represents a $0.78 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date is Friday, September 29th. View Condor Hospitality Trust's Dividend History.
How were Condor Hospitality Trust's earnings last quarter?
Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) announced its quarterly earnings results on Monday, May, 15th. The financial services provider reported ($4.75) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $5.35. Condor Hospitality Trust had a net margin of 27.30% and a return on equity of 43.55%. View Condor Hospitality Trust's Earnings History.
Where is Condor Hospitality Trust's stock going? Where will Condor Hospitality Trust's stock price be in 2017?
4 equities research analysts have issued 1 year price objectives for Condor Hospitality Trust's shares. Their predictions range from $11.00 to $12.00. On average, they expect Condor Hospitality Trust's share price to reach $11.75 in the next year. View Analyst Ratings for Condor Hospitality Trust.
What are Wall Street analysts saying about Condor Hospitality Trust stock?
Here are some recent quotes from research analysts about Condor Hospitality Trust stock:
- 1. According to Zacks Investment Research, "Condor Hospitality Trust, Inc. is a self-administered real estate investment trust. The Company specializes in the investment and ownership of upper midscale and upscale, premium-branded select-service, extended stay and limited service hotels. Condor Hospitality Trust, Inc., formerly known as Supertel Hospitality, Inc., is based in Norfolk, United States. " (11/10/2017)
- 2. FBR & Co analysts commented, "We are initiating coverage of Condor Hospitality Trust, Inc. (CDOR) with a Buy rating and a 12-month price target of $12 per share. Condor, formerly known as Supertel, has undergone a dramatic transformation from over 100 economy hotels to one that is acquiring upscale and upper-midscale select-service and extended stay hotels in top 100 MSAs, with a focus on MSAs 21–60. These markets have, on average, experienced lower new room supply growth than the top 20 MSAs. Condor focuses on premium hotel brands, such as Marriott, Hilton, IHG, and Hyatt, as it believes they are best positioned to appeal to both established transient customers and newer millennial travelers. We have toured several of Condor’s recent acquisitions and can attest to their high-quality and appealing décor. From a room demand standpoint, STR forecasts that, through 2021, the upper-midscale sector should experience demand growth greater than the industry overall, while the upscale segment should see demand increase at a rate of two times the industry average." (9/13/2017)
Who are some of Condor Hospitality Trust's key competitors?
Some companies that are related to Condor Hospitality Trust include Atlas Financial Holdings (AFH), Invesco Bond Fund (VBF), Civista Bancshares (CIVB), Reis (REIS), BCB Bancorp, Inc. (NJ) (BCBP), Shore Bancshares (SHBI), Citizens Financial Services (CZFS), MidSouth Bancorp (MSL), Commerce Union Bancshares (CUBN), Global Medical REIT (GMRE), FS Bancorp (FSBW), County Bancorp (ICBK), Investar Holding Corporation (ISTR), Hallmark Financial Services (HALL), LCNB Corporation (LCNB), First Business Financial Services (FBIZ), Howard Bancorp (HBMD) and Silvercrest Asset Management Group (SAMG).
Who owns Condor Hospitality Trust stock?
Condor Hospitality Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Thomson Horstmann & Bryant Inc. (3.38%), Northpointe Capital LLC (3.33%), Foundry Partners LLC (1.85%), Janus Henderson Group PLC (1.54%), RMR Advisors LLC (0.51%) and Orinda Asset Management LLC (0.43%). Company insiders that own Condor Hospitality Trust stock include Arinn Cavey, Donald J Landry, J William Blackham III, James H Friend, John Sabin and Mark David Linehan. View Institutional Ownership Trends for Condor Hospitality Trust.
Who sold Condor Hospitality Trust stock? Who is selling Condor Hospitality Trust stock?
Who bought Condor Hospitality Trust stock? Who is buying Condor Hospitality Trust stock?
Condor Hospitality Trust's stock was bought by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Foundry Partners LLC and Janus Henderson Group PLC. Company insiders that have bought Condor Hospitality Trust stock in the last two years include Arinn Cavey, Donald J Landry, J William Blackham III, James H Friend, John Sabin and Mark David Linehan. View Insider Buying and Selling for Condor Hospitality Trust.
How do I buy Condor Hospitality Trust stock?
Shares of Condor Hospitality Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Condor Hospitality Trust's stock price today?
One share of Condor Hospitality Trust stock can currently be purchased for approximately $10.00.
How big of a company is Condor Hospitality Trust?
Condor Hospitality Trust has a market capitalization of $117.73 million. Condor Hospitality Trust employs 14 workers across the globe.
MarketBeat Community Rating for Condor Hospitality Trust (CDOR)MarketBeat's community ratings are surveys of what our community members think about Condor Hospitality Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Condor Hospitality Trust (NYSEAMERICAN:CDOR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$11.75|
Consensus Price Target History for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
Analysts' Ratings History for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
(Data available from 11/22/2015 forward)
|10/29/2017||Robert W. Baird||Set Price Target||Hold||$11.00|
|9/13/2017||FBR & Co||Initiated Coverage||Buy||$12.00|
|5/19/2017||KeyCorp||Initiated Coverage||Sector Weight -> Sector Weight|
|5/17/2017||DA Davidson||Set Price Target||Buy||$12.00|
|4/25/2017||Janney Montgomery Scott||Initiated Coverage||Buy||$12.00|
Earnings History and Estimates Chart for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
Earnings History by Quarter for Condor Hospitality Trust (NYSEAMERICAN CDOR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2016||Q216||$0.18||$16.40 million||$13.80 million||View||N/A|
Earnings Estimates for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Condor Hospitality Trust (NYSEAMERICAN:CDOR)
|Most Recent Dividend:||10/9/2017|
|Payout Ratio:||22.48% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Condor Hospitality Trust (NYSEAMERICAN CDOR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Condor Hospitality Trust (NYSEAMERICAN CDOR)
Insider Ownership Percentage: 44.20%
Institutional Ownership Percentage: 21.20%
Insider Trades by Quarter for Condor Hospitality Trust (NYSEAMERICAN CDOR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/24/2017||J William Blackham III||CEO||Buy||2,000||$10.45||$20,900.00|| |
|8/11/2017||J William Blackham III||CEO||Buy||5,000||$10.49||$52,450.00|| |
|6/12/2017||J William Blackham III||CEO||Buy||2,000||$10.35||$20,700.00|| |
|6/9/2017||John Sabin||Director||Buy||1,000||$10.30||$10,300.00|| |
|6/2/2017||Arinn Cavey||Insider||Buy||1,000||$10.22||$10,220.00|| |
|5/23/2017||Donald J Landry||Director||Buy||1,000||$10.19||$10,190.00|| |
|3/31/2017||Donald J. Landry||Director||Buy||1,000||$10.60||$10,600.00|| |
|3/31/2017||J William Blackham III||CEO||Buy||512||$10.50||$5,376.00|| |
|3/30/2017||John Sabin||Director||Buy||2,077||$10.14||$21,060.78|| |
|3/29/2017||J William Blackham III||CEO||Buy||71,428||$10.50||$749,994.00|| |
|9/8/2016||Mark David Linehan||Director||Buy||10,000||$1.85||$18,500.00|| |
|6/30/2016||James H Friend||Director||Buy||3,000||$1.62||$4,860.00|| |
|6/10/2016||John Sabin||Director||Buy||2,800||$2.20||$6,160.00|| |
|5/24/2016||James H Friend||Director||Buy||500||$1.94||$970.00|| |
|3/31/2016||John Sabin||Director||Buy||200||$1.77||$354.00|| |
Latest Headlines for Condor Hospitality Trust (NYSEAMERICAN CDOR)
Financials are not available for this stock.
Condor Hospitality Trust (NYSEAMERICAN CDOR) Chart for Wednesday, November, 22, 2017