CorePoint Lodging is a U.S. lodging REIT focused on the midscale and upper-midscale select service segments; the REIT holds a portfolio of 316 hotels that were previously owned by La Quinta.
CPLG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for CorePoint Lodging Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that CorePoint Lodging Inc ranked in the 6th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CPLG, they are:
The company's compound free cash flow growth rate over the past 2.82 years comes in at -0.39%; that's greater than only 3.13% of US stocks we're applying DCF forecasting to.
As a business, CPLG is generating more cash flow than only 22.61% of positive cash flow stocks in the Real Estate.
20% of the company's capital comes from equity, which is greater than only 8.44% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BRX, HPP, RPT, DLR, and DOC can be thought of as valuation peers to CPLG, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
NEW YORK, NY / ACCESSWIRE / May 20, 2020 / CorePoint Lodging, Inc. (NYSE:CPLG) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 20, 2020 at 5:00 PM ...
The Company will also host a conference call for investors and other interested parties to discuss its results beginning at 5:00 p.m. Eastern Time that day. The call may be accessed by dialing (866) 300-4611, or (703) 736-7439 for international participants, and entering the passcode 6135247. CorePoint Lodging Inc. (CPLG) is the only pure-play publicly traded U.S. lodging REIT strategically focused on the ownership of midscale and upper-midscale select-service hotels.