NYSE:CLDT

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

$9.05
+0.03 (+0.33%)
(As of 05/16/2024 ET)
Today's Range
$8.94
$9.07
50-Day Range
$8.94
$10.28
52-Week Range
$8.62
$11.32
Volume
225,112 shs
Average Volume
230,914 shs
Market Capitalization
$442.64 million
P/E Ratio
N/A
Dividend Yield
3.09%
Price Target
$13.33

Chatham Lodging Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
47.3% Upside
$13.33 Price Target
Short Interest
Healthy
1.18% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Chatham Lodging Trust in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.48%
From $1.08 to $1.15 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.

2.95 out of 5 stars

Finance Sector

521st out of 882 stocks

Real Estate Investment Trusts Industry

104th out of 184 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

Q1 2024 Chatham Lodging Trust Earnings Call
CLDT Apr 2024 10.000 put
Chatham Lodging: Opportunity To Move In On 8% Yield
Q4 2023 Chatham Lodging Trust Earnings Call
Chatham Lodging Q4 AFFO Declines
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
5/16/2024
Next Earnings (Estimated)
8/07/2024
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
+47.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$2.64 million
Pretax Margin
0.66%

Debt

Sales & Book Value

Annual Sales
$311.11 million
Cash Flow
$1.29 per share
Book Value
$16.25 per share

Miscellaneous

Free Float
45,729,000
Market Cap
$442.64 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 brokers have issued twelve-month price targets for Chatham Lodging Trust's shares. 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 47.3% 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 on January 1st, 2024. Since then, CLDT shares have decreased by 15.6% and is now trading at $9.05.
View the best growth stocks for 2024 here
.

Are investors shorting Chatham Lodging Trust?

Chatham Lodging Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 578,300 shares, an increase of 9.7% from the April 15th total of 527,000 shares. Based on an average daily volume of 241,100 shares, the days-to-cover ratio is presently 2.4 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 Wednesday, August 7th 2024.
View our CLDT earnings forecast
.

How were Chatham Lodging Trust's earnings last quarter?

Chatham Lodging Trust (NYSE:CLDT) posted its earnings results on Tuesday, February, 27th. The real estate investment trust reported ($0.23) earnings per share (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 analysts' expectations of $70.46 million. Chatham Lodging Trust had a trailing twelve-month return on equity of 0.28% and a net margin of 0.73%. During the same quarter in the prior year, the firm earned $0.20 earnings per share.

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

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 yield of 3.09%. 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 3.14%.
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 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 issued an update on its second quarter 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of 0.330-0.360 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $84.3 million-$85.4 million, compared to the consensus revenue estimate of $86.4 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.58%), Donald Smith & CO. Inc. (4.34%), Jacobs Levy Equity Management Inc. (0.68%), Russell Investments Group Ltd. (0.45%), CANADA LIFE ASSURANCE Co (0.20%) and Public Employees Retirement System of Ohio (0.19%). 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 5/16/2024 by MarketBeat.com Staff

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