NYSE:CPLG

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Executive Summary

CorePoint Lodging Inc., a real estate investment trust company, owns midscale and upper-midscale select-service hotels primarily under the La Quinta brand. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

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.


Market Performance


7 Day Return

0.2%

CPLG

-1.7%

US REITs

-1.4%

US Market


1 Year Return

-45.7%

CPLG

-15.9%

US REITs

17.8%

US Market

Return vs Industry: CPLG underperformed the US REITs industry which returned -15.6% over the past year.

Return vs Market: CPLG underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

CPLGIndustryMarket
7 Day0.2%-1.7%-1.4%
30 Day11.0%2.1%4.7%
90 Day10.6%1.6%8.2%
1 Year-42.0%-45.7%-12.6%-15.9%20.5%17.8%
3 Yearn/a14.6%1.0%42.2%32.7%
5 Yearn/a38.3%10.5%83.4%62.7%

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

Valuation

Is CorePoint Lodging undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CPLG ($5.43) is trading below our estimate of fair value ($65.11)

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 US 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 (0.4x) compared to the US REITs industry average (1.4x).


Next Steps

Future Growth

How is CorePoint Lodging forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.9%

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 (5.3% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: CPLG's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CPLG is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has CorePoint Lodging performed over the past 5 years?

-55.7%

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, and losses have increased over the past 5 years at a rate of 55.7% 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 (1.6%).


Return on Equity

High ROE: CPLG has a negative Return on Equity (-32.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is CorePoint Lodging's financial position?


Financial Position Analysis

Short Term Liabilities: CPLG's short term assets ($264.0M) do not cover its short term liabilities ($1.0B).

Long Term Liabilities: CPLG's short term assets ($264.0M) exceed its long term liabilities ($66.0M).


Debt to Equity History and Analysis

Debt Level: CPLG's debt to equity ratio (108.1%) is considered high.

Reducing Debt: CPLG's debt to equity ratio has reduced from 214.3% to 108.1% over the past 5 years.


Balance Sheet


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: CPLG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CPLG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is CorePoint Lodging current dividend yield, its reliability and sustainability?

3.84%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CPLG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CPLG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CPLG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CPLG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CPLG is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CPLG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.8yrs

Average management tenure


CEO

Keith Cline (50 yo)

5.08yrs

Tenure

US$4,231,695

Compensation

Mr. Keith A. Cline has been the Chief Executive Officer and President of La Quinta Holdings Inc. since April 10, 2018 and La Quinta L.L.C. since February 18, 2016. Mr. Cline serves as President and Chief ...


CEO Compensation Analysis

Compensation vs Market: Keith's total compensation ($USD4.23M) is above average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Keith Cline
President5.08yrsUS$4.23m1.67%
$ 5.3m
Daniel Swanstrom
Executive VP & CFO2.42yrsUS$2.08m0.35%
$ 1.1m
Mark Chloupek
Executive VP14.75yrsUS$1.83m0.54%
$ 1.7m
Howard Garfield
Senior VPno datano data0.11%
$ 340.9k
Becky Roseberry
Senior Vice President of Finance & Investor Relationsno datano datano data
Julie Cary
Executive VP & Chief Marketing Officer14.75yrsno datano data
Rajiv Trivedi
Executive VP & Chief Development Officer14.75yrsno datano data

14.8yrs

Average Tenure

52yo

Average Age

Experienced Management: CPLG's management team is seasoned and experienced (14.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Keith Cline
President5.08yrsUS$4.23m1.67%
$ 5.3m
James Abrahamson
Independent Director4.92yrsUS$173.14k0.047%
$ 148.9k
David Loeb
Independent Director2.5yrsUS$165.00k0.043%
$ 134.8k
Glenn Alba
Director7.75yrsUS$288.14k0.034%
$ 108.7k
Mitesh Shah
Independent Chairman of the Board5.92yrsUS$240.01k0.074%
$ 234.6k
Jean Birch
Independent Director2.08yrsUS$165.00k0.029%
$ 91.0k
B. Isaac
Independent Director2.5yrsUS$171.27k0.030%
$ 95.6k
Alan Bowers
Independent Director6.67yrsUS$188.14k0.046%
$ 144.3k
Alice Gould
Independent Director2.08yrsUS$165.00k0.029%
$ 91.0k
Brian Kim
Independent Director5.92yrsno datano data
Giovanni Cutaia
Independent Director5.92yrsno datano data

5.1yrs

Average Tenure

58yo

Average Age

Experienced Board: CPLG's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CPLG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CorePoint Lodging Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CorePoint Lodging Inc.
  • Ticker: CPLG
  • Exchange: NYSE
  • Founded:
  • Industry: Hotel and Resort REITs
  • Sector: Real Estate
  • Market Cap: US$315.811m
  • Shares outstanding: 58.16m
  • Website: https://www.corepoint.com

Number of Employees


Location

  • CorePoint Lodging Inc.
  • 125 East John Carpenter Freeway
  • Suite 1650
  • Irving
  • Texas
  • 75062
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPLGNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2018
44WDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2018

Biography

CorePoint Lodging Inc., a real estate investment trust company, owns midscale and upper-midscale select-service hotels primarily under the La Quinta brand. As of December 31, 2019, it had a portfolio of 27 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:36
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.