Last $10.34 USD
Change Today +0.14 / 1.37%
Volume 494.7K
FCH On Other Exchanges
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As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

felcor lodging trust inc (FCH) Snapshot

Open
$10.20
Previous Close
$10.20
Day High
$10.35
Day Low
$10.16
52 Week High
08/19/14 - $10.92
52 Week Low
08/30/13 - $5.49
Market Cap
1.3B
Average Volume 10 Days
610.4K
EPS TTM
$-0.59
Shares Outstanding
124.3M
EX-Date
07/11/14
P/E TM
--
Dividend
$0.08
Dividend Yield
0.58%
Current Stock Chart for FELCOR LODGING TRUST INC (FCH)

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felcor lodging trust inc (FCH) Details

FelCor Lodging Trust Incorporated is a publicly owned real estate investment trust. The firm engages in investment and management of properties in the hospitality industry. It invests in the real estate markets of the United States. The firm primarily invests in hotels with a focus on the ownership of upper-upscale, full-service hotels and resorts. It was formerly known as FelCor Suite Hotels, Inc. FelCor Lodging Trust was founded in 1994 and is based in Irving, Texas.

62 Employees
Last Reported Date: 02/28/14
Founded in 1994

felcor lodging trust inc (FCH) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $742.6K
Co-Founder, Chairman and Chairman of Executiv...
Total Annual Compensation: $808.2K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $240.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $429.7K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $397.8K
Compensation as of Fiscal Year 2013.

felcor lodging trust inc (FCH) Key Developments

FelCor Lodging Trust Incorporated Presents at Midwest IDEAS Investor Conference 2014, Aug-27-2014 09:45 AM

FelCor Lodging Trust Incorporated Presents at Midwest IDEAS Investor Conference 2014, Aug-27-2014 09:45 AM. Venue: Chicago Hard Rock Hotel, 230 N. Michigan Avenue, Chicago, Illinois, United States.

Felcor Lodging Trust Incorporated Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

FelCor Lodging Trust Incorporated reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $259.515 million against $239.856 million a year ago. Operating income was $30.980 million against operating loss of $4.447 million a year ago. Income before equity in income from unconsolidated entities was $6.558 million against loss before equity in income from unconsolidated entities 30.823 million a year ago. Income before gain on sale of property was $9.329 million against loss before gain on sale of property was $22.795 million a year ago. Net income attributable to the company was $24.281 million or $0.12 per basic and diluted share against net loss attributable to the company of $18.683 or $0.23 per basic and diluted share million a year ago. FFO was $30.815 million or $0.24 per share against $22.233 million or $0.18 per share a year ago. Adjusted FFO was $32.903 million or $0.26 per share against $26.054 million or $0.21 per share a year ago. EBITDA was $81.631 million against $42.800 million a year ago. Adjusted EBITDA was $69.249 million against $64.581 million a year ago. During the quarter, the company invested $20.0 million in capital expenditures at the hotels (excluding the Knickerbocker), including approximately $7.8 million for redevelopment projects and repositioning for Wyndham hotels. Fro the six months, the company reported total revenues of $480.864 million against $448.793 million a year ago. Operating income was 35.142 million against operating loss of $5.706 million a year ago. Loss before equity in income from unconsolidated entities was $14.513 million against $58.367 million a year ago. Loss before gain on sale of property was $10.964 million against $49.400 million a year ago. Net attributable to the company was $9.463 million or $0.08 per basic and diluted share against net loss attributable to the company of $44.868 million or $0.52 per basic and diluted share a year ago. FFO was $32.653 million or $0.26 per share against $20.468 million or $0.16 per share a year ago. Adjusted FFO was $37.010 million or $0.29 per share against $25.283 million or $0.20 per share a year ago. EBITDA was $125.133 million against $77.890 million a year ago. Adjusted EBITDA was $110.321 million against $102.243 million a year ago. The company have invested $105.5 million (excluding initial acquisition costs and capitalized interest) through June 30, 2014 to redevelop the 4+ star Knickerbocker Hotel. During 2014, the company plans to invest approximately $60 million in capital improvements and renovations, concentrated at seven core hotels, as part of the company's long-term capital plan. The company increased RevPAR and EBITDA outlook primarily to reflect better than expected second quarter results. During 2014, the company expects: RevPAR for same-store hotels will increase 8.75% - 9.25%; and RevPAR for comparable hotels (excludes Wyndham) will increase 7.5% - 8.0%; Net income attributable to the company will be $1.0 million to $5.0 million; and Interest expense, including the company's pro rata share from joint ventures, will be $96.0 million to $96.5 million. The company expects adjusted EBITDA will be $211.5 million to $217.5 million against previously forecasted adjusted EBITDA of $206.0 million to $217.0 million. For the year, the company expects net loss attributable to the company‘s common stockholders of $38.0 million or $0.31 per share to $34.0 million or $0.28 per share; FFO of $66.0 million or $0.53 per share to 71.5 million or $0.57 per share; Adjusted FFO of $70.0 million or $0.56 per share $75.5 million or $0.60 per share; EBITDA of $223.0 million to $229.0 million; and depreciation of $125.0 million to $126.5 million.

FelCor Lodging Trust Seeks To Sell Assets

FelCor Lodging Trust Incorporated (NYSE:FCH) plans to sell assets. Rick Smith, President and Chief Executive Officer of FelCor Lodging Trust Incorporated, said, “Our primary focus for 2014 remains the same, simply to complete the plan, including the following items: Complete the remaining asset sales and use proceeds to repay debt and finalize the balance sheet restructuring.”

 

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