NYSE:CLDT

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

$9.38
-0.13 (-1.37%)
(As of 04/24/2024 ET)
Today's Range
$9.37
$9.51
50-Day Range
$9.16
$10.71
52-Week Range
$8.92
$11.32
Volume
225,649 shs
Average Volume
222,426 shs
Market Capitalization
$458.72 million
P/E Ratio
N/A
Dividend Yield
2.99%
Price Target
$13.33

Chatham Lodging Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
42.1% Upside
$13.33 Price Target
Short Interest
Healthy
1.11% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Chatham Lodging Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.74%
From $1.15 to $1.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.56 out of 5 stars

Finance Sector

403rd out of 854 stocks

Real Estate Investment Trusts Industry

90th out of 179 stocks

CLDT stock logo

About Chatham Lodging Trust Stock (NYSE:CLDT)

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.

CLDT Stock Price History

CLDT Stock News Headlines

Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
CLDT Apr 2024 10.000 put
Chatham Lodging: Opportunity To Move In On 8% Yield
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Q4 2023 Chatham Lodging Trust Earnings Call
Chatham Lodging Q4 AFFO Declines
Chatham Lodging Trust (CLDT)
Chatham Lodging Recent Insider Activity
Board Member Of Chatham Lodging Makes $69K Buy
Chatham Lodging Trust sells hotel for $18M
Chatham Lodging Trust Announces Sale of Hotel
CLDT Jan 2024 12.500 call
Chatham Lodging Trust CLDT
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
16208T10
Employees
17
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.33
High Stock Price Target
$14.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+42.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$2.64 million
Pretax Margin
0.80%

Debt

Sales & Book Value

Annual Sales
$311.11 million
Cash Flow
$1.27 per share
Book Value
$16.46 per share

Miscellaneous

Free Float
45,725,000
Market Cap
$458.72 million
Optionable
Optionable
Beta
1.74
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CLDT Stock Analysis - Frequently Asked Questions

Should I buy or sell Chatham Lodging Trust stock right now?

2 Wall Street research 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 research analysts is that investors should "moderate buy" CLDT shares.
View CLDT analyst ratings
or view top-rated stocks.

What is Chatham Lodging Trust's stock price target for 2024?

2 Wall Street 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 predict the company's share price to reach $13.33 in the next year. This suggests a possible upside of 42.1% from the stock's current price.
View analysts price targets for CLDT
or view top-rated stocks among Wall Street analysts.

How have CLDT shares performed in 2024?

Chatham Lodging Trust's stock was trading at $10.72 at the beginning of the year. Since then, CLDT shares have decreased by 12.5% and is now trading at $9.38.
View the best growth stocks for 2024 here
.

Are investors shorting Chatham Lodging Trust?

Chatham Lodging Trust saw a decrease in short interest in March. As of March 31st, there was short interest totaling 541,400 shares, a decrease 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
.

When is Chatham Lodging Trust's next earnings date?

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

How can I listen to Chatham Lodging Trust's earnings call?

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".

How were Chatham Lodging Trust's earnings last quarter?

Chatham Lodging Trust (NYSE:CLDT) released its earnings results on Tuesday, February, 27th. The real estate investment trust reported ($0.23) earnings per share (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 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 quarter in the previous year, the business earned $0.20 EPS.

How often does Chatham Lodging Trust pay dividends? What is the dividend yield for Chatham Lodging Trust?

Chatham Lodging Trust announced a quarterly dividend on Wednesday, March 13th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.07 per share on Monday, April 15th. This represents a $0.28 annualized dividend and a dividend yield of 2.99%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for CLDT
.

Is Chatham Lodging Trust a good dividend stock?

Chatham Lodging Trust (NYSE:CLDT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.01%.
Read our dividend analysis for CLDT.

What ETFs hold Chatham Lodging Trust's stock?

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).

What guidance has Chatham Lodging Trust issued on next quarter's earnings?

Chatham Lodging Trust updated 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 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.

What other stocks do shareholders of Chatham Lodging Trust own?
Who are Chatham Lodging Trust's major shareholders?

Chatham Lodging Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.11%). Insiders that own company stock include Dennis M Craven, Edwin B Brewer Jr, Ethel Isaacs Williams, Jeffrey H Fisher and Robert D Perlmutter.
View institutional ownership trends
.

How do I buy shares of Chatham Lodging Trust?

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.
Compare Top Brokerages Here.

This page (NYSE:CLDT) was last updated on 4/25/2024 by MarketBeat.com Staff

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