Red Lion Hotels Corporation (NYSE:RLH) Earns Media Sentiment Rating of 0.57
News headlines about Red Lion Hotels Corporation (NYSE:RLH) have been trending very positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Red Lion Hotels Corporation earned a coverage optimism score of 0.57 on Accern’s scale. Accern also gave news stories about the company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Several analysts have commented on the stock. B. Riley restated a “buy” rating and set a $12.50 target price on shares of Red Lion Hotels Corporation in a report on Tuesday. Zacks Investment Research downgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th.
Red Lion Hotels Corporation (RLH) traded down 4.32% during mid-day trading on Thursday, hitting $6.65. 23,691 shares of the stock were exchanged. The company’s market capitalization is $156.55 million. The stock has a 50 day moving average price of $6.94 and a 200 day moving average price of $7.06. Red Lion Hotels Corporation has a 1-year low of $6.15 and a 1-year high of $9.40.
Red Lion Hotels Corporation (NYSE:RLH) last posted its earnings results on Monday, May 8th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.30) by $0.08. Red Lion Hotels Corporation had a negative return on equity of 1.91% and a negative net margin of 2.03%. The firm had revenue of $39.96 million for the quarter, compared to analysts’ expectations of $42.23 million. On average, equities analysts anticipate that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current fiscal year.
In other Red Lion Hotels Corporation news, Director Robert G. Wolfe bought 7,970 shares of Red Lion Hotels Corporation stock in a transaction dated Tuesday, May 16th. The shares were purchased at an average cost of $6.72 per share, with a total value of $53,558.40. Following the completion of the purchase, the director now owns 46,926 shares of the company’s stock, valued at $315,342.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 14.70% of the stock is currently owned by insiders.
About Red Lion Hotels Corporation
Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.
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