Condor Hospitality Trust
Market Cap
US$43.0m
Last Updated
2021/04/12 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Condor Hospitality Trust, Inc. (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (“MSAs”) with a particular focus on the top 20 to 60 MSAs. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Fair value with mediocre balance sheet.
Share Price & News
How has Condor Hospitality Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CDOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CDOR's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
1.7%
CDOR
0.3%
US REITs
2.1%
US Market
1 Year Return
-5.1%
CDOR
18.3%
US REITs
56.3%
US Market
Return vs Industry: CDOR underperformed the US REITs industry which returned 18.3% over the past year.
Return vs Market: CDOR underperformed the US Market which returned 56.3% over the past year.
Shareholder returns
| CDOR | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 0.3% | 2.1% |
| 30 Day | -26.4% | 2.5% | 2.4% |
| 90 Day | -14.0% | 14.5% | 6.8% |
| 1 Year | -5.1%-5.1% | 23.3%18.3% | 59.1%56.3% |
| 3 Year | -59.0%-63.8% | 41.9%24.7% | 65.7%55.1% |
| 5 Year | -61.8%-70.4% | 46.8%17.2% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Condor Hospitality Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Could Condor Hospitality Trust, Inc.'s (NYSEMKT:CDOR) Investor Composition Influence The Stock Price?1 year ago | Simply Wall St
Condor Hospitality Trust (NYSEMKT:CDOR) Takes On Some Risk With Its Use Of Debt1 year ago | Simply Wall St
Is Condor Hospitality Trust (NYSEMKT:CDOR) Using Too Much Debt?Valuation
Is Condor Hospitality Trust 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: CDOR ($3.58) is trading below our estimate of fair value ($20.94)
Significantly Below Fair Value: CDOR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDOR is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: CDOR 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 CDOR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CDOR is good value based on its PB Ratio (0.6x) compared to the US REITs industry average (1.8x).
Future Growth
How is Condor Hospitality Trust forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
48.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CDOR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CDOR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CDOR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CDOR's revenue (17.3% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: CDOR's revenue (17.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CDOR's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Condor Hospitality Trust performed over the past 5 years?
-44.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDOR is currently unprofitable.
Growing Profit Margin: CDOR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CDOR is unprofitable, and losses have increased over the past 5 years at a rate of 44.5% per year.
Accelerating Growth: Unable to compare CDOR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CDOR is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-4.4%).
Return on Equity
High ROE: CDOR has a negative Return on Equity (-25%), as it is currently unprofitable.
Financial Health
How is Condor Hospitality Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CDOR's short term assets ($9.4M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: CDOR's short term assets ($9.4M) do not cover its long term liabilities ($191.9M).
Debt to Equity History and Analysis
Debt Level: CDOR's debt to equity ratio (241.6%) is considered high.
Reducing Debt: CDOR's debt to equity ratio has increased from 92.2% to 241.6% 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: CDOR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CDOR has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 1.1% each year.
Dividend
What is Condor Hospitality Trust current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CDOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CDOR'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 CDOR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CDOR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CDOR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CDOR'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?
6.1yrs
Average management tenure
CEO
Bill Blackham (66 yo)
6.08yrs
Tenure
US$941,550
Compensation
Mr. J. William Blackham, also known as Bill, has been Chief Executive Officer, President and Director of Condor Hospitality Trust Inc. since March 3, 2015. Mr. Blackham served as Chief Financial Officer an...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD941.55K) is above average for companies of similar size in the US market ($USD510.94K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CDOR's management team is seasoned and experienced (6.1 years average tenure).
Board Members
Experienced Board: CDOR's board of directors are considered experienced (3.1 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Condor Hospitality Trust, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Condor Hospitality Trust, Inc.
- Ticker: CDOR
- Exchange: AMEX
- Founded: 1994
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$42.987m
- Market Cap: US$42.972m
- Shares outstanding: 12.02m
- Website: https://www.condorhospitality.com
Number of Employees
Location
- Condor Hospitality Trust, Inc.
- 4800 Montgomery Lane
- Suite 220
- Bethesda
- Maryland
- 20814
- United States
Listings
Biography
Condor Hospitality Trust, Inc. (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, sel...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 23:34 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.