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 year. 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 equities research analysts have issued 12-month target prices for Chatham Lodging Trust's stock. Their CLDT share price targets range from $12.00 to $14.00. On average, they expect the company's share price to reach $13.33 in the next year. This suggests a possible upside of 45.6% from the stock's current price.
View analysts price targets for CLDT or view top-rated stocks among Wall Street analysts.

Chatham Lodging Trust's stock was trading at $10.72 on January 1st, 2024. Since then, CLDT shares have decreased by 14.6% and is now trading at $9.1550.
View the best growth stocks for 2024 here.

Chatham Lodging Trust saw a drop in short interest in the month of 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 currently 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 the consensus estimate of $0.15 by $0.38. The real estate investment trust earned $72.28 million during the quarter, compared to analyst estimates of $70.46 million. Chatham Lodging Trust had a net margin of 0.85% and a trailing twelve-month return on equity of 0.33%. During the same period last year, the business posted $0.20 earnings per share.

Chatham Lodging Trust declared a quarterly dividend on Wednesday, March 13th. Investors 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 3.06%. 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 2.92%.
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 issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 0.100-0.140 for the period, compared to the consensus 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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