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CDOR News and Press, Condor Hospitality Trust Inc. From 05/11/21

Stock Information

Company Name: Condor Hospitality Trust Inc.
Stock Symbol: CDOR
Market: NYSE
Website: condorhospitality.com

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CDOR - RXT, DDD, REAL and RBLX among midday movers

Gainers: Sequential Brands (SQBG) +59%.Ferro (FOE) +25%.3D Systems (DDD) +24%.Applied DNA Sciences (APDN) +23%.ShockWave Medical (SWAV) +23%.FutureFuel (FF) +22%.Roblox (RBLX) +16%.Lava Therapeutics (LVTX) +15%.Domtar (UFS) +15%.Fluidigm (FLDM) +15%.Losers: Alset EHome Int...

CDOR - Condor Hospitality Trust Reports First Quarter 2021 Results

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results of operations for the first quarter 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS Portfolio Revenue Per Available Room (RevPAR): The 15 hotels Same-Store RevPAR in th...

CDOR - Real Estate Remains Red-Hot

U.S. equity markets rallied to fresh record-highs this past week as long-term interest rates and inflation expectations pulled back despite a stellar slate of economic data and corporate earnings reports. Concerns over the impact of a temporary safety-related halt of the Johnson &...

CDOR - Hotel REITs: Spring Break Is Back

Powered by Spring Break demand and accelerated by the vaccine roll-out, the recovery in domestic leisure travel - and hotel occupancy - has picked up meaningfully over the past month. TSA data showed that travel is now at 60% of pre-pandemic levels after bottoming at less than 5%. STR...

CDOR - OPRT leads financial gainers, FINV and AAME among losers

Gainers: Oportun Financial (OPRT) +10%. Live Oak Bancshares (LOB) +9%. Tiptree (TIPT) +7%. MVB Financial (MVBF) +7%. Premier Financial Bancorp (PFBI) +7%.Losers: FinVolution Group (FINV) -15%. Fathom Holdings (FTHM) -13%. Atlantic American (AAME) -13%. Condor Hospitality Trust (CDOR) -13%. Fu...

CDOR - REITs Eye Uneven Recovery

U.S. equity markets finished modestly lower on a choppy week as assurances from the Fed of a "lower-for-longer" policy regime didn't slow the continued march higher in long-term interest rates. Retreating from record closing highs last week, the S&P 500 declined by 1.2% this past ...

CDOR - Condor Hospitality Trust Reports Fourth Quarter and Full Year 2020 Results

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results of operations for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER AND FISCAL YEAR 2020 RELEASE FINANCIAL HIGHLIGHTS Fourth Quarter 2020 Finan...

CDOR - REITs Getting Short Squeezed

The breathtaking surge in GameStop - along with a swelling number of heavily-shorted stocks - has sent shockwaves through financial markets amid an ongoing battle between institutional and self-directed investors. Initially set into motion by a sharp vaccine-driven rally from many "CO...

CDOR - Hotel REITs: Winter Is Coming, So Is Airbnb

It was poised to be a dark winter for the hotel industry, which has experienced a "double-dip" in occupancy over the last month amid the "second wave" of the outbreak. Vaccine Hope: The faster-than-expected approval of a coronavirus vaccine has thrown a much-needed lifeline to the str...

CDOR - 6 Reasons To Ditch High Yield REITs

High-Yield equity REITs have regularly underperformed. We expect that trend to continue over the next decade. REITs with high yields, low FFO multiples, and weak balance sheets have regularly underperformed. Instead of focusing on those negative-growth REITs, consider a REIT with ...

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