Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) announced a dividend on Friday, December 10th, Fidelity reports. Investors of record on Monday, December 27th will be given a dividend of 7.94 per share by the financial services provider on Thursday, December 30th. The ex-dividend date is Thursday, December 23rd. Condor Hospitality Trust has decreased its dividend by 100.0% []
Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) announced a dividend on Friday, December 10th, Fidelity reports. Stockholders of record on Monday, December 27th will be given a dividend of 7.94 per share by the financial services provider on Thursday, December 30th. The ex-dividend date of this dividend is Thursday, December 23rd. Condor Hospitality Trust has decreased its […]
Condor Hospitality Trust (NYSEAMERICAN:CDOR) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a report issued on Wednesday, Zacks.com reports. The firm currently has a $8.25 price objective on the financial services providers stock. Zacks Investment Researchs price objective would indicate a potential upside of 13.01% from the stocks []
Condor Hospitality Trust Evaluates Strategic Alternatives Business Wire
Condor Hospitality Trust Evaluates Strategic Alternatives
Condor Hospitality Trust puts portfolio on the market - Hotel Business | Hotel Business Condor Hospitality Trust Inc., a hotel-focused real estate investment trust (REIT), has revealed that its board of directors is evaluating strategic alternatives to enhance shareholder value. The company has engaged the firm of Hodges Ward Elliott (HWE) to market for sale its portfolio of 15 owned hotels. Leading the HWE team in the marketing of [] Condor Hospitality Trust puts portfolio on the market - Hotel Business appeared first on Hotel Business | Hotel Business - The leading source of hospitality news for owners, developers, designers, brokers, brands, management companies, lenders, REITs & asset managers.
(RTTNews) - Condor Hospitality Trust, Inc. (CDOR), a hotel-focused real estate investment trust (REIT), announced Monday that its board of directors is evaluating strategic alternatives to enhance shareholder value. The Company has engaged the firm of Hodges Ward Elliott to market for sale the 15 hotels portfolio owned by the company.
NORFOLK, Neb.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT), today announced that its board of directors is evaluating strategic alternatives to enhance shareholder value. The Company has engaged the firm of Hodges Ward Elliott to market for sale the 15 hotels portfolio owned by the company. Leading the Hodges Ward Elliott team in the marketing of the outperforming high quality select service and extended stay portfol
Condor Hospitality Trust Inc (CDOR) gains 1.2270% for June 09 Equities.com
Condor Hospitality Trust (NYSEAMERICAN:CDOR) announced its quarterly earnings data on Sunday. The financial services provider reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.36) by $0.16, MarketWatch Earnings reports. Condor Hospitality Trust had a negative net margin of 38.48% and a negative return on equity of 20.04%. Shares of Condor Hospitality Trust []
Condor Hospitality Trust (NYSEAMERICAN:CDOR) released its earnings results on Sunday. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.16, MarketWatch Earnings reports. Condor Hospitality Trust had a negative return on equity of 20.04% and a negative net margin of 38.48%. NYSEAMERICAN:CDOR opened at []
Condor Hospitality Trust Inc. shares closed today 10.2% lower than it did at the end of yesterday. The stock is currently up 4.1% year-to-date, down 18.7% over the past 12 months, and down 44.8% over the past five years. Today, the Dow Jones Industrial Average fell 1.0%, and the S&P 500 fell 0.8%. Trading Activity Shares traded as high as $4.90 and as low as $3.66 this week.Shares closed 4e+1% below its 52-week high and 7e+1% above its 52-week low.Trading volume this week was 62.3% lower than the 10-day average and 15.4% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -60.3% The company's stock price performance over the past 12 months lags the peer average by -140.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the third quarter ended September 30, 2020. THIRD QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the third quarter 2020 of $8.8 million, comprised of $8.8 million generated entirely from New Investment Platform Hotels, a 39.7% decrease from $14.7 million generated by New Investment Platform Hotels in the third quarter 2019. Same-Store Revenue of $8.8 million for the
NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has filed an 8K providing a supplemental investor presentation that will be available on the Condor Hospitality Trust website. J. William Blackham, President and CEO stated “Beginning in June Condor has generated positive results at the consolidated corporate level, excluding non-recurring and discretionary expenditures, as a result of our portfolio performance and our co
NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has filed an 8K providing an investor presentation that will be available on the Condor Hospitality Trust website. J.William Blackham, President and CEO stated “We wanted to provide our shareholders an updated understanding of the superior performance of the Condor portfolio benefited by the hotels' attributes of primarily in drive to secondary market locations and more t
NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it along with its operating partnership, Condor Hospitality Limited Partnership (with the Company, the “Company Parties”) signed a settlement agreement (the “Settlement Agreement”) with NexPoint Advisors L.P. (“NexPoint Advisors”), NexPoint Hospitality Trust (TSVX: NHT) (“NHT”), and NHT’s operating partnership, NHT Operating Partnership, LLC (“Parent”), and certain of its af
NORFOLK, Neb.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 2020. Pursuant to its rights under the merger agreement, the Company terminated the merger agreement due to failure of NHT's operating partnership to consummate the acquisition
BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the second quarter ended June 30, 2020. SECOND QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the second quarter 2020 of $4.8 million, comprised of $4.8 million generated entirely from New Investment Platform Hotels, a 70.3% decrease from $16.2 million generated by New Investment Platform Hotels in the second quarter 2019. Same-Store Revenue of $4.8 million for the s
BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the first quarter ended March 31, 2020. FIRST QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the first quarter 2020 of $13.2 million, comprised of $13.2 million generated entirely from New Investment Platform Hotels, a 15.4% decrease from $15.6 million generated by New Investment Platform Hotels in the $15.9 million 2019 first quarter Revenue that included $0.3 milli
BETHESDA, Md.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust (NYSE American: CDOR) (“Condor”), owner of high-quality upper midscale and upscale hotels primarily located in secondary markets, today provided an update on measures taken to mitigate the impact on Condor and its hotels operations of recent changes in the general economic and industry conditions relating to COVID-19. Financial markets have been disrupted and there has been an industry-wide falling off of hotel occupancies. As a result, C
BETHESDA, Md.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (the “Company”) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on its response to COVID-19. J. William Blackham, Chief Executive Officer said, “There have been significant changes in business and economic conditions generally in the United States and in the lodging industry in particular as the COVID-19 crisis continues. As
BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the fourth quarter ended December 31, 2019. FOURTH QUARTER AND FISCAL YEAR 2019 RELEASE FINANCIAL HIGHLIGHTS Revenue of $61.1 million in Fiscal Year 2019 including $0.3 million from Legacy Hotels, Decreased 6.2% from $65.1 million of Revenue in Fiscal Year 2018 which included $4.4 million from Legacy Hotels. Revenue in the fourth quarter 2019 of $14.3 million generate
Reporters Without Borders called on Turkey to restore judicial independence and end the judicial harassment of journalists during Turkey's Universal Periodic Review by the UN Human…
BETHESDA, Md.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (the “Company”) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the “Merger”) by NexPoint Hospitality Trust (“NHT”) (TSX-V: NHT-U). NHT and the Company have agreed to extend the closing of the Merger to February 28, 2020, subject to further possible extension t
BETHESDA, Md--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (the “Company”) (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on the previously announced acquisition by merger of the Company (the “Merger”) by NexPoint Hospitality Trust (“NHT”) (TSX-V: NHT-U). NHT and the Company have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remainin
BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the third quarter ended September 30, 2019. THIRD QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the third quarter 2019 of $14.7 million, comprised of $14.7 million generated entirely from New Investment Platform Hotels, a 0.2% increase from $14.6 million generated by New Investment Platform Hotels in the $15.4 million 2018 third quarter Revenue that included $0.8 mi
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