Condor Hospitality Trust (CDOR) Releases Quarterly Earnings Results

Condor Hospitality Trust (NYSEAMERICAN:CDOR) announced its earnings results on Monday. 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), MarketWatch Earnings reports. The business had revenue of $15.08 million during the quarter, compared to analyst estimates of $16.38 million.

Condor Hospitality Trust stock opened at $8.61 on Wednesday. Condor Hospitality Trust has a fifty-two week low of $6.10 and a fifty-two week high of $11.32.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Friday, March 15th will be paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 9.06%. The ex-dividend date of this dividend is Thursday, March 14th.

Several research firms have recently weighed in on CDOR. Robert W. Baird set a $10.00 price target on shares of Condor Hospitality Trust and gave the company a “hold” rating in a research note on Monday, December 17th. Zacks Investment Research raised shares of Condor Hospitality Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, February 18th.

A hedge fund recently raised its stake in Condor Hospitality Trust stock. Dimensional Fund Advisors LP increased its holdings in Condor Hospitality Trust Inc (NYSEAMERICAN:CDOR) by 23.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,808 shares of the financial services provider’s stock after buying an additional 3,140 shares during the period. Dimensional Fund Advisors LP owned about 0.14% of Condor Hospitality Trust worth $116,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 21.20% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This piece of content was first reported by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this piece of content can be viewed at

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.

See Also: What is a blue-chip stock?

Earnings History for Condor Hospitality Trust (NYSEAMERICAN:CDOR)

Receive News & Ratings for Condor Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Condor Hospitality Trust and related companies with's FREE daily email newsletter.