|Bid||27.21 x 1800|
|Ask||27.40 x 800|
|Day's Range||27.03 - 27.49|
|52 Week Range||23.68 - 33.23|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||17.45|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.60 (5.89%)|
|1y Target Est||26.50|
Chesapeake Lodging Trust (CHSP) (the “Trust”) announced today that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key. The Trust’s proposed merger with Park Hotels & Resorts Inc. (“Park”) (PK) is expected to close on September 18, 2019, subject to completion of customary closing requirements and conditions. Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States.
NEW YORK , Sept. 12, 2019 /PRNewswire/ -- Park Hotels & Resorts Inc. (NYSE: PK) will replace Inogen Inc. (NASD: INGN) in the S&P MidCap 400 and Inogen will replace Chesapeake Lodging Trust (NYSE: CHSP) ...
Chesapeake Lodging Trust (CHSP) (the “Trust”) announced today that its shareholders approved the proposed merger of the Trust with and into a subsidiary of Park Hotels & Resorts Inc. (PK) (“Park”) pursuant to the previously announced Agreement and Plan of Merger, dated as of May 5, 2019 (the “Merger Agreement”), by and among Park, PK Domestic Property LLC (“PK Domestic”), an indirect subsidiary of Park, PK Domestic Sub LLC, a wholly-owned subsidiary of PK Domestic (Park, PK Domestic and PK Domestic Sub LLC collectively, the “Park Parties”), and the Trust, as it may be amended from time to time (the “Merger”), on the terms and subject to the conditions set forth in the Merger Agreement.
Tysons-based Park Hotels & Resorts Inc. is locking down funding for its acquisition of Arlington’s Chesapeake Lodging Trust and is on track to close the deal this month. Park (NYSE: BK) announced Wednesday it has entered a $950 million unsecured delayed-draw term loan agreement with Bank of America to finance the deal. The term facility includes a $100 million two-year tranche and an $850 million five-year tranche.
NEW YORK, Aug. 30, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
NEW YORK, Aug. 16, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
NEW YORK, Aug. 13, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
NEW YORK, NY / ACCESSWIRE / August 2, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
Let's delve into the factors that will likely impact Q2 performance of W. P. Carey (WPC), Chesapeake Lodging (CHSP) and Saul Centers (BFS).
Chesapeake Lodging (CHSP) delivered FFO and revenue surprises of -6.76% and -3.32%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, July 26, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this.
WILMINGTON, DE / ACCESSWIRE / July 15, 2019 / Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of ...
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
Park Hotels & Resorts' (PK) shedding of non-core assets for $166 million comes as part of its capital-recycling efforts, helping substantially lower the company's leverage ahead of its proposed merger.
Rowley Law PLLC is investigating potential claims against Chesapeake Lodging Trust and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Park Hotels & Resorts Inc.
NEW YORK , June 25, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating the proposed merger of Chesapeake Lodging Trust ("Chesapeake Lodging" or ...
Tysons-based Park Hotels & Resorts (NYSE: PK) is offloading three hotels for $166 million as it moves toward its acquisition of Chesapeake Lodging Trust. Park deems the three hotels — the 507-room Hilton Atlanta Airport, the 317-room Hilton New Orleans Airport and the 274-room Embassy Suites Parsippany in Parsippany, New Jersey — noncore domestic assets.
Chesapeake Lodging Trust announced today that its board of trustees has declared a quarterly dividend payment of $0.40 per common share. The dividend will be paid on July 15, 2019 to shareholders of record at the close of business on June 28, 2019.
Chesapeake Lodging Trust NYSE:CHSPView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for CHSP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CHSP. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CHSP had net inflows of $740 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, June 06, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating Zayo Group Holdings, Inc. (NYSE: ZAYO), Chesapeake Lodging Trust.
Chesapeake Lodging Trust (CHSP) today announced that its board of trustees has cancelled the Trust’s 2019 Annual Meeting of Shareholders previously scheduled for June 19, 2019. On May 6, 2019, the Trust announced that it entered into a definitive merger agreement pursuant to which the Trust would merge with a subsidiary of Park Hotels & Resorts Inc. (PK). The merger is subject to approval by the Trust’s shareholders and other customary closing conditions and is expected to close in late third quarter or early fourth quarter of 2019.