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We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...
Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...
Host Hotels & Resorts has experienced a nice turnaround as of late, with financial performance roaring higher. The company still has plenty of room that it needs to run in order to fully recover, but it's well on its way. Shares appear to be attractive priced now and should be...
U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...
Shares of CorePoint Lodging Inc. (NYSE:CPLG) traded today at $16.20, eclipsing its 52-week high. So far today approximately 61,000 shares have been exchanged, as compared to an average 30-day volume of 198,000 shares. CorePoint Lodging Inc is a lodging real estate investment trust strate...
CorePoint Lodging Inc. (NYSE:CPLG) traded today at a new 52-week high of $15.86. This new high was reached on below average trading volume as 69,000 shares traded hands, while the average 30-day volume is approximately 190,000 shares. CorePoint Lodging Inc. (NYSE:CPLG) has potential upsi...
Leisure and weekend bookings to the fore in Q2 as occupancy rates increase. Core portfolio continues to report higher margins. Solid progress made on non-core disposition initiative with collections of $143 million in Q2. Current trends point to a rising share price here in th...
U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...
CorePoint Lodging Inc. (NYSE:CPLG) traded today at a new 52-week high of $15.11. Approximately 53,000 shares have changed hands today, as compared to an average 30-day volume of 140,000 shares. CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on servi...
U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...
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IRVING, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- CorePoint Lodging, Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that its stockholders ...
NEW YORK, NY / ACCESSWIRE / November 22, 2021 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New ...
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial...