FelCor Lodging Trust Incorporated (FCH) How Much Gas Is Left In The Tank?

FelCor Lodging Trust Incorporated (FCH) How Much Gas Is Left In The Tank?

FelCor Lodging Trust Incorporated (FCH) How Much Gas Is Left In The Tank?

FelCor Lodging Trust Incorporated (NYSE:FCH) stock is presently standing at about $7.13 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 6 analysts covering the company is $8.00, which suggests the stock could still rise over 11 percent. The highest analyst price target is $9.00, which implies a rally of 74 percent. And a quick view of analyst notes show that 0 are rating the stock a buy while 1 rate FCH a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.

FBR & Co. analysts provided their view on FelCor Lodging Trust Incorporated (NYSE:FCH) recently. The rating firm issued a Mkt Perform rating to this company in a research note released on Jan 04, 2017. JMP Securities analysts disclosed their opinion on FelCor Lodging Trust Incorporated (NYSE:FCH) recently. The rating firm gave a Mkt Perform rating to this stock in a research note published on Sep 16, 2016. According to a research note disclosed on May 17, 2010, analysts at Robert W. Baird have upped their rating on these shares from Underperform to Neutral.

FelCor Lodging Trust Incorporated (NYSE:FCH) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its SVP, Chief Accounting Officer Symes Jeffrey D Sold 88,938 company shares for 50,339, in a transaction on Nov 17. Following the transaction, the SVP, Chief Accounting Officer is left with a stake of 7,100 shares, currently valued at $50,623. Meanwhile, EVP, GC & Secretary YELLEN JONATHAN H sold 184,445 shares worth $92,357, through a transaction dated Nov 09. Following the completion of the transaction, the insider is left with a stake of 14,186 shares, amounting $101,146. FCH EVP, GC & Secretary YELLEN JONATHAN H also sold 198,631 shares, at a stock price of $6.50. This transaction occurred on Nov 08 totals $362,819. After this transaction, the insider’s stake stands at 55,814 shares, with a market value of $397,954.

Executives hold 4.04 percent of the stock. VANGUARD GROUP INC is one of the biggest insider owners in FelCor Lodging Trust Incorporated (NYSE:FCH), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 20,627,919 shares which have current market value of around $147,077,062.BLACKROCK INC. is another major inside shareholder in the company. The insider owns 11,528,165 shares as of 03/31/2017, currently worth $82,195,816. LAND & BUILDINGS INVESTMENT MANAGEMENT, LLC is ranked as third insider holder of the stock. This insider holds 8,205,688 shares with a market value around $58,506,555 as of recent close.

FelCor Lodging Trust Incorporated (NYSE:FCH) Earnings Outlook

In FelCor Lodging Trust Incorporated (NYSE:FCH)’s latest quarter, EPS moved to $-0.31 from $-0.04 in preceding quarter and revenues reached at $188.10M compared to $195.92M. Analysts had expected FelCor Lodging Trust Incorporated (NYSE:FCH) to post net income of about $-0.08 per share on $192.24M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in the range of $0.06 to $0.09. That is compared with the $0.05 in EPS it reported during the same period a year ago.