CorePoint Lodging Inc., a real estate investment trust company, operates midscale and upper-midscale select-service hotels primarily under the La Quinta brand.
Average dividend payer and fair value.
Share Price & News
How has CorePoint Lodging's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CPLG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CPLG underperformed the US REITs industry which returned 16.2% over the past year.
Return vs Market: CPLG underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is CorePoint Lodging's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StShould CorePoint Lodging Inc. (NYSE:CPLG) Be Part Of Your Dividend Portfolio?
1 year ago | Simply Wall StDid CorePoint Lodging Inc (NYSE:CPLG) Use Debt To Deliver Its ROE Of 6.0%?
1 year ago | Simply Wall StCorePoint Lodging Inc (NYSE:CPLG) Delivered A Better ROE Than The Industry, Here’s Why
Is CorePoint Lodging undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPLG ($9.73) is trading below our estimate of fair value ($25.59)
Significantly Below Fair Value: CPLG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CPLG is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: CPLG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CPLG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CPLG is good value based on its PB Ratio (0.5x) compared to the US REITs industry average (2.1x).
How is CorePoint Lodging forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPLG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CPLG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CPLG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CPLG's revenue is expected to decline over the next 3 years (-10.4% per year).
High Growth Revenue: CPLG's revenue is forecast to decline over the next 3 years (-10.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CPLG is forecast to be unprofitable in 3 years.
How has CorePoint Lodging performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CPLG is currently unprofitable.
Growing Profit Margin: CPLG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CPLG is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare CPLG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CPLG is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (6.9%).
Return on Equity
High ROE: CPLG has a negative Return on Equity (-20.61%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is CorePoint Lodging's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CPLG has a high level of physical assets or inventory.
Debt Coverage by Assets: CPLG's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CPLG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CPLG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -36.5% per year.
Financial Institutions Analysis
Asset Level: CPLG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CPLG has a sufficient allowance for bad loans.
Low Risk Liabilities: CPLG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CPLG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CPLG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CPLG has an appropriate level of bad loans.
What is CorePoint Lodging's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CPLG's dividend (8.22%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: CPLG's dividend (8.22%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CPLG has been paying a dividend for less than 10 years.
Growing Dividend: CPLG has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), CPLG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CPLG's dividends in 3 years are forecast to be thoroughly covered by earnings (1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keith Cline (49yo)
Mr. Keith A. Cline has been the Chief Executive Officer and President of La Quinta Holdings Inc. and La Quinta L.L.C. since February 18, 2016. Mr. Cline serves as President and Chief Executive Officer of C ...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD9.58M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
|Executive VP||14.1yrs||US$3.91m||0.38% $2.1m|
|Executive VP & CFO||1.8yrs||no data||0.19% $1.1m|
|Senior VP||0yrs||no data||0.047% $260.4k|
|SVP, Investor Relations & Corporate Communications||0yrs||no data||no data|
|Executive VP & Chief Marketing Officer||14.1yrs||no data||no data|
|Executive VP & Chief Development Officer||14.1yrs||no data||no data|
|Senior Vice President of Finance||0yrs||no data||no data|
Experienced Management: CPLG's management team is seasoned and experienced (14.1 years average tenure).
|Independent Director||4.3yrs||US$141.16k||0.035% $194.6k|
|Independent Director||1.8yrs||US$144.55k||0.023% $127.0k|
|Independent Chairman of the Board||5.3yrs||US$201.20k||0.059% $329.4k|
|Independent Director||1.4yrs||US$91.30k||0.020% $111.2k|
|Independent Director||1.8yrs||US$144.55k||0.020% $112.5k|
|Independent Director||6yrs||US$149.98k||0.044% $244.5k|
|Independent Director||5.3yrs||no data||no data|
|Independent Director||5.3yrs||no data||no data|
Experienced Board: CPLG's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CorePoint Lodging Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CorePoint Lodging Inc.
- Ticker: CPLG
- Exchange: NYSE
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Market Cap: US$557.720m
- Shares outstanding: 57.32m
- Website: https://www.corepoint.com
Number of Employees
- CorePoint Lodging Inc.
- 909 Hidden Ridge
- Suite 600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CPLG||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||May 2018|
|44W||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2018|
CorePoint Lodging Inc., a real estate investment trust company, operates midscale and upper-midscale select-service hotels primarily under the La Quinta brand. As of March 21, 2019, it had a portfolio of 313 hotels and approximately 40,000 rooms across 41 states in the United States. CorePoint Lodging Inc. is based in Irving, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:36|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.