Chatham Lodging Trust (CLDT) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chatham Lodging Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLDT shares.
View CLDT analyst ratings or view top-rated stocks.

2 brokers have issued 12-month price targets for Chatham Lodging Trust's shares. Their CLDT share price targets range from $12.00 to $14.00. On average, they expect the company's stock price to reach $13.33 in the next year. This suggests a possible upside of 44.1% from the stock's current price.
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Chatham Lodging Trust's stock was trading at $10.72 at the start of the year. Since then, CLDT shares have decreased by 13.7% and is now trading at $9.25.
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Chatham Lodging Trust saw a drop in short interest in March. As of March 31st, there was short interest totaling 541,400 shares, a drop of 18.2% from the March 15th total of 661,500 shares. Based on an average trading volume of 211,700 shares, the short-interest ratio is presently 2.6 days.
View Chatham Lodging Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CLDT earnings forecast.

Chatham Lodging Trust will be holding an earnings conference call on Monday, May 6th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745986".

Chatham Lodging Trust (NYSE:CLDT) issued its quarterly earnings data on Tuesday, February, 27th. The real estate investment trust reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.38. The real estate investment trust had revenue of $72.28 million for the quarter, compared to analysts' expectations of $70.46 million. Chatham Lodging Trust had a trailing twelve-month return on equity of 0.33% and a net margin of 0.85%. During the same quarter in the previous year, the firm posted $0.20 earnings per share.

Chatham Lodging Trust declared a quarterly dividend on Wednesday, March 13th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.07 per share on Monday, April 15th. This represents a $0.28 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for CLDT.

Chatham Lodging Trust (NYSE:CLDT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.99%.
Read our dividend analysis for CLDT.

ETFs with the largest weight of Chatham Lodging Trust (NYSE:CLDT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG) and Nuveen Short-Term REIT ETF (NURE).Kelly Hotel & Lodging Sector ETF (HOTL).

Chatham Lodging Trust updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 0.100-0.140 for the period, compared to the consensus EPS estimate of 0.170. The company issued revenue guidance of $67.0 million-$69.0 million, compared to the consensus revenue estimate of $70.3 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chatham Lodging Trust investors own include AT&T (T), Realty Income (O), CVS Health (CVS), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), STAG Industrial (STAG), New Residential Investment (NRZ), Main Street Capital (MAIN), Verizon Communications (VZ) and Apple Hospitality REIT (APLE).

Shares of CLDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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