Chatham Lodging Trust (CLDT) Projected to Post Quarterly Earnings on Tuesday

Chatham Lodging Trust (NYSE:CLDT) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect Chatham Lodging Trust to post earnings of $0.14 per share and revenue of $67.99 million for the quarter.

Chatham Lodging Trust Trading Up 1.0 %

NYSE CLDT opened at $7.02 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.37. The company has a market cap of $343.85 million, a price-to-earnings ratio of -30.52 and a beta of 1.42. Chatham Lodging Trust has a twelve month low of $5.83 and a twelve month high of $10.00. The business’s fifty day moving average is $7.23 and its 200 day moving average is $8.28.

Chatham Lodging Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.14%. The ex-dividend date was Monday, March 31st. Chatham Lodging Trust’s dividend payout ratio (DPR) is currently -450.00%.

Analyst Ratings Changes

A number of equities research analysts have commented on CLDT shares. Stifel Nicolaus reduced their price target on Chatham Lodging Trust from $11.00 to $9.50 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. StockNews.com lowered shares of Chatham Lodging Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th.

About Chatham Lodging Trust

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.