Chesapeake Lodging Trust (NYSE:CHSP) has earned a consensus rating of “Hold” from the ten research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $25.80.

A number of research firms have recently commented on CHSP. Zacks Investment Research downgraded shares of Chesapeake Lodging Trust from a “hold” rating to a “sell” rating in a research note on Tuesday. Royal Bank Of Canada restated a “hold” rating and set a $25.00 price objective on shares of Chesapeake Lodging Trust in a research note on Friday, August 4th. BidaskClub upgraded shares of Chesapeake Lodging Trust from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. J P Morgan Chase & Co downgraded shares of Chesapeake Lodging Trust from a “neutral” rating to an “underweight” rating in a research note on Thursday. Finally, Robert W. Baird restated a “buy” rating and set a $27.00 price objective on shares of Chesapeake Lodging Trust in a research note on Sunday, November 5th.

Several hedge funds have recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of Chesapeake Lodging Trust by 5.1% in the 2nd quarter. SG Americas Securities LLC now owns 6,666 shares of the real estate investment trust’s stock valued at $163,000 after purchasing an additional 325 shares during the period. Texas Permanent School Fund raised its holdings in shares of Chesapeake Lodging Trust by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 43,876 shares of the real estate investment trust’s stock valued at $1,074,000 after purchasing an additional 362 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Chesapeake Lodging Trust by 9.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,843 shares of the real estate investment trust’s stock valued at $119,000 after purchasing an additional 399 shares during the period. Dupont Capital Management Corp raised its holdings in shares of Chesapeake Lodging Trust by 0.7% in the 2nd quarter. Dupont Capital Management Corp now owns 56,837 shares of the real estate investment trust’s stock valued at $1,391,000 after purchasing an additional 421 shares during the period. Finally, GAM Holding AG raised its holdings in shares of Chesapeake Lodging Trust by 8.8% in the 2nd quarter. GAM Holding AG now owns 5,307 shares of the real estate investment trust’s stock valued at $130,000 after purchasing an additional 429 shares during the period. 98.62% of the stock is currently owned by institutional investors.

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Shares of Chesapeake Lodging Trust (CHSP) traded down $0.01 during midday trading on Monday, reaching $28.34. 344,211 shares of the company were exchanged, compared to its average volume of 342,619. The firm has a market cap of $1,706.67, a price-to-earnings ratio of 13.02, a PEG ratio of 2.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.56 and a current ratio of 1.56. Chesapeake Lodging Trust has a 12-month low of $22.55 and a 12-month high of $28.77.

Chesapeake Lodging Trust (NYSE:CHSP) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.64 EPS for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). Chesapeake Lodging Trust had a return on equity of 5.11% and a net margin of 9.71%. The business had revenue of $158.28 million for the quarter, compared to analyst estimates of $159.18 million. During the same quarter in the prior year, the company earned $0.71 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. analysts expect that Chesapeake Lodging Trust will post 2.19 earnings per share for the current fiscal year.

About Chesapeake Lodging Trust

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.

Analyst Recommendations for Chesapeake Lodging Trust (NYSE:CHSP)

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