AMEX:CDOR

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Condor Hospitality Trust

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


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 +/- 7% a week.

Volatility Over Time: CDOR's weekly volatility has decreased from 15% to 7% over the past year.


Market Performance


7 Day Return

-8.0%

CDOR

1.0%

US REITs

-3.2%

US Market


1 Year Return

-51.5%

CDOR

-1.2%

US REITs

38.9%

US Market

Return vs Industry: CDOR underperformed the US REITs industry which returned -4.7% over the past year.

Return vs Market: CDOR underperformed the US Market which returned 37.1% over the past year.


Shareholder returns

CDORIndustryMarket
7 Day-8.0%1.0%-3.2%
30 Day4.5%2.5%-0.8%
90 Day50.5%5.2%3.1%
1 Year-51.5%-51.5%3.5%-1.2%42.0%38.9%
3 Year-44.3%-51.7%37.0%20.2%60.6%50.3%
5 Year8.1%-16.3%46.7%17.0%128.0%102.5%

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

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 ($4.85) is trading below our estimate of fair value ($24.04)

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 (0.8x) compared to the US REITs industry average (1.6x).


Next Steps

Future Growth

How is Condor Hospitality Trust forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

42.3%

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 (15.9% per year) is forecast to grow faster than the US market (10.4% per year).

High Growth Revenue: CDOR's revenue (15.9% 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


Next Steps

Past Performance

How has Condor Hospitality Trust performed over the past 5 years?

-36.6%

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 36.6% 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 (-5.6%).


Return on Equity

High ROE: CDOR has a negative Return on Equity (-19.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Condor Hospitality Trust's financial position?


Financial Position Analysis

Short Term Liabilities: CDOR's short term assets ($11.9M) exceed its short term liabilities ($9.8M).

Long Term Liabilities: CDOR's short term assets ($11.9M) do not cover its long term liabilities ($188.9M).


Debt to Equity History and Analysis

Debt Level: CDOR's debt to equity ratio (222.4%) is considered high.

Reducing Debt: CDOR's debt to equity ratio has increased from 119% to 222.4% 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 a year based on its current free cash flow.

Forecast Cash Runway: CDOR is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

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?

5.9yrs

Average management tenure


CEO

Bill Blackham (66 yo)

5.92yrs

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 ($USD941.55K) is above average for companies of similar size in the US market ($USD507.93K).

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


Leadership Team

NamePositionTenureCompensationOwnership
J. Blackham
President5.92yrsUS$941.55k1.82%
$ 1.1m
Jill Burger
Interim CFO & Chief Accounting Officer0.25yrno data0.0094%
$ 5.7k
Patricia Morland
Assistant Vice President of Human Resources11.5yrsno datano data

5.9yrs

Average Tenure

51yo

Average Age

Experienced Management: CDOR's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
J. Blackham
President5.92yrsUS$941.55k1.82%
$ 1.1m
Daphne Dufresne
Independent Chairman of Board1.75yrsUS$48.06k0.11%
$ 69.3k
Donald Landry
Independent Director9yrsUS$54.88k0.13%
$ 77.0k
Saul Zang
Director0.17yrno data0.00023%
$ 139.6
Daniel Ricardo Elsztain
Independent Director9yrsUS$46.81k0.053%
$ 32.2k
Brendan MacDonald
Independent Director4.92yrsUS$50.23kno data
Drew Iadanza
Director0.50yrno datano data
Thomas Calahan
Independent Director2.92yrsUS$48.08k0.11%
$ 67.7k
Matías Gaivironsky
Independent Director1.75yrsUS$24.56k0.0081%
$ 4.9k

2.9yrs

Average Tenure

47yo

Average Age

Experienced Board: CDOR's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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$60.698m
  • Market Cap: US$60.676m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CDORAMEX (NYSE MKT LLC)YesCommon StockUSUSDNov 1994

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/25 23:18
End of Day Share Price2021/02/25 00:00
Earnings2020/09/30
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.