Condor Hospitality Trust Inc (NYSEAMERICAN:CDOR) – Analysts at DA Davidson issued their Q1 2020 earnings per share (EPS) estimates for Condor Hospitality Trust in a research note issued on Tuesday, March 12th. DA Davidson analyst J. Lykins forecasts that the financial services provider will earn $0.25 per share for the quarter. DA Davidson also issued estimates for Condor Hospitality Trust’s Q2 2020 earnings at $0.29 EPS, Q3 2020 earnings at $0.22 EPS, Q4 2020 earnings at $0.21 EPS and FY2020 earnings at $0.96 EPS.

Several other equities analysts have also issued reports on CDOR. Zacks Investment Research raised shares of Condor Hospitality Trust from a “strong sell” rating to a “hold” rating in a report on Monday, February 18th. Robert W. Baird set a $10.00 price target on shares of Condor Hospitality Trust and gave the stock a “hold” rating in a report on Monday, December 17th.

Shares of CDOR stock opened at $8.68 on Friday. Condor Hospitality Trust has a 52-week low of $6.10 and a 52-week high of $11.32.

Condor Hospitality Trust (NYSEAMERICAN:CDOR) last issued its quarterly earnings data on Monday, March 11th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.01). The company had revenue of $15.08 million for the quarter, compared to the consensus estimate of $16.38 million.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Friday, March 15th will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 8.99%. The ex-dividend date of this dividend is Thursday, March 14th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Condor Hospitality Trust by 7.7% during the third quarter. Vanguard Group Inc. now owns 176,839 shares of the financial services provider’s stock worth $1,891,000 after buying an additional 12,675 shares during the period. Vanguard Group Inc lifted its stake in shares of Condor Hospitality Trust by 7.7% during the third quarter. Vanguard Group Inc now owns 176,839 shares of the financial services provider’s stock worth $1,891,000 after buying an additional 12,675 shares during the period. Dubuque Bank & Trust Co. lifted its stake in shares of Condor Hospitality Trust by 2.5% during the fourth quarter. Dubuque Bank & Trust Co. now owns 110,327 shares of the financial services provider’s stock worth $760,000 after buying an additional 2,729 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Condor Hospitality Trust by 8.9% during the third quarter. Renaissance Technologies LLC now owns 106,055 shares of the financial services provider’s stock worth $1,134,000 after buying an additional 8,705 shares during the period. Finally, BlackRock Inc. lifted its stake in shares of Condor Hospitality Trust by 55.1% during the second quarter. BlackRock Inc. now owns 30,074 shares of the financial services provider’s stock worth $312,000 after buying an additional 10,685 shares during the period. 21.20% of the stock is currently owned by institutional investors and hedge funds.

About Condor Hospitality Trust

Condor Hospitality Trust, Inc (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (“MSAs”) with a particular focus on the top 20 to 60 MSAs.

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Earnings History and Estimates for Condor Hospitality Trust (NYSEAMERICAN:CDOR)

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