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2023-10-06 17:32:19 ET Summary Sharply higher long-term borrowing costs for real estate during late summer have been a huge headwind for REIT operations and investment valuations. The demand for commercial real estate, especially office space, is being questioned with the appearan...
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its third quarter 2023 results after the Nasdaq closes on Monday, November 6, 2023. On Tuesday, November 7, 2023 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargrea...
2023-09-25 16:08:35 ET Summary Service Properties Trust has had an eventful 2023 with the sale of its largest net lease tenant and the divestiture of some hotels. Despite progress, the company's debt continues to trade at a high yield to maturity. The company's dividend sustai...
2023-09-14 08:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw slim positive returns in August. The Federal Reserve approved a quarter-point interest rate hike to combat rising inflation, with interest rates hitting a range of 5.25% to 5.5%. Net investmen...
2023-08-29 13:02:15 ET Summary KSL Capital Partners has agreed to acquire Hersha Hospitality Trust in an all-cash deal valuing the company at around $1.4 billion. The deal offers significant immediate upside for common shareholders and preferred stockholders. Hersha Hospitalit...
2023-08-13 09:00:00 ET Summary U.S. equity markets slumped for a second-straight week while long-term benchmark interest rates pushed higher after inflation data showed some firming in price pressures amid a rebound in energy prices. Following declines of more than 2% last week, t...
2023-08-08 15:29:02 ET Service Properties Trust (SVC) Q2 2023 Earnings Conference Call August 08, 2023, 10:00 ET Company Participants Stephen Colbert - Director, IR Todd Hargreaves - President & CIO Brian Donley - CFO & Treasurer Conference Call Par...
2023-08-08 09:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw positive returns of around 3% in July. The Federal Reserve approved a quarter point interest rate hike to 5.5% to combat rising inflation. The inflation rate for the United States was 3.0% for the...
2023-08-07 17:16:44 ET Service Properties Trust press release ( NASDAQ: SVC ): Q2 FFO of $0.58 in-line. Revenue of $503.78M (-2.3% Y/Y) beats by $4.13M . Shares -2.05% AH. For further details see: Service Properties Trust FFO of $0.58 in-line, revenue...
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended June 30, 2023, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx . This press release feat...
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Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2024 results after the Nasdaq closes on Tuesday, August 6, 2024. On Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargrea...
2024-07-07 23:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Service Properties Trust (Nasdaq: SVC), or SVC , today announced that Jesse Abair has been appointed as Vice President. Mr. Abair is a Vice President of The RMR Group (Nasdaq: RMR), where he leads a team responsible for the sourcing, underwriting, design, entitlement and leasing of all deve...