Chatham Lodging Trust (CLDT)

NYSE: CLDT · Real-Time Price · USD
7.40
-0.06 (-0.74%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.74%
Market Cap 370.56M
Revenue (ttm) 316.10M
Net Income (ttm) -3.91M
Shares Out 50.11M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE n/a
Dividend $0.36 (4.87%)
Ex-Dividend Date Mar 31, 2025
Volume 302,637
Open 7.43
Previous Close 7.45
Day's Range 7.31 - 7.45
52-Week Range 7.26 - 10.27
Beta 1.83
Analysts Strong Buy
Price Target 12.00 (+62.27%)
Earnings Date May 5, 2025

About CLDT

Chatham Lodging Trust (“we,” “us” or the “Company”) was formed as a Maryland real estate investment trust on October 26, 2009. The Company is internally-managed and invests primarily in upscale extended-stay and premium-branded select-service hotels. The Company has elected to be treated as a real estate investment trust for federal income tax purposes ("REIT"). As of March 31, 2024, the Company owned 38 hotels with an aggregate of 5,735 rooms located in 16 states and the District of Columbia. [Read more]

Sector Real Estate
IPO Date Apr 16, 2010
Employees 17
Stock Exchange NYSE
Ticker Symbol CLDT
Full Company Profile

Financial Performance

In 2024, Chatham Lodging Trust's revenue was $316.10 million, an increase of 2.03% compared to the previous year's $309.83 million. Losses were -$3.91 million, -27.79% less than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CLDT stock is "Strong Buy." The 12-month stock price forecast is $12.0, which is an increase of 62.27% from the latest price.

Price Target
$12.0
(62.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Chatham Lodging Trust: Near 8% From The Preferred Stock

Chatham Lodging Trust offers a preferred stock with a near 8% yield, outperforming sector benchmarks by nearly 2%, presenting a compelling investment opportunity. CLDT's balance sheet shows a strong a...

20 days ago - Seeking Alpha

Chatham Lodging Increases Common Dividend 29 Percent

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Increases Common Dividend 29 Percent; Announces Preferred Dividend.

22 days ago - Business Wire

Chatham Lodging Announces Date of 2025 Annual Meeting of Shareholders

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Announces Date of 2025 Annual Meeting of Shareholders.

25 days ago - Business Wire

Chatham Lodging Trust (CLDT) Q4 2024 Earnings Call Transcript

Chatham Lodging Trust (NYSE:CLDT) Q4 2024 Earnings Conference Call February 26, 2024 1:00 PM ET Company Participants Chris Daly – President-DG Public Relations Jeff Fisher – Chairman, President and C...

27 days ago - Seeking Alpha

Chatham Lodging Trust Announces Strong Fourth Quarter 2024 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Strong Fourth Quarter 2024 Results.

27 days ago - Business Wire

Chatham Lodging Trust Announces Fourth Quarter 2024 Earnings Call to be Held on Wednesday, February 26, 2025

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Fourth Quarter 2024 Earnings Call to be Held on Wednesday, February 26, 2025.

6 weeks ago - Business Wire

Chatham Lodging Trust: The 8% Preferred Shares Are In Bargain Territory Again

Chatham Lodging Trust's Series A preferred shares are attractive due to strong dividend coverage and a robust balance sheet, now yielding nearly 8%. The REIT's AFFO comfortably covers preferred divide...

7 weeks ago - Seeking Alpha

Chatham Lodging Trust Announces 2024 Distribution Characterization

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces 2024 Distribution Characterization.

2 months ago - Business Wire

Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend.

3 months ago - Business Wire

RLJ Lodging Vs Chatham Lodging: Which Is The Better REIT For 2025

RLJ Lodging Trust and Chatham Lodging Trust are REITs focused on hotels in the Sun Belt region. Operating performance at RLJ Lodging is marginally stronger although its sustainability is in doubt give...

Other symbols: RLJ
4 months ago - Seeking Alpha

Chatham Lodging Trust (CLDT) Q3 2024 Earnings Call Transcript

Chatham Lodging Trust (NYSE:CLDT) Q3 2024 Earnings Call November 7, 2024 10:00 AM ET Company Participants Chris Daly - Investor Relations Jeff Fisher - Chairman, President, and Chief Executive Office...

4 months ago - Seeking Alpha

Chatham Lodging Trust Announces Third Quarter 2024 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter 2024 Results.

4 months ago - Business Wire

Chatham Lodging Trust: Upside On Fed Easing And ADR Inflation Catch-Up

Chatham Lodging Trust is a lodging REIT focused on extended stay and limited-service hotels, primarily in the Sun Belt region. The company has underperformed the Vanguard Real Estate Index Fund ETF so...

6 months ago - Seeking Alpha

Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter 2024 Earnings Call to be Held on Thursday, November 7, 2024.

6 months ago - Business Wire

Chatham Lodging Trust (CLDT) Q2 2024 Earnings Call Transcript

Chatham Lodging Trust (NYSE:CLDT) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeff Fisher - Chairman, President and CEO...

8 months ago - Seeking Alpha

Chatham Lodging Trust Announces Second Quarter 2024 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2024 Results.

8 months ago - Business Wire

I'm Banking On These 8% Yields For A Better Tomorrow

Reaching for higher yield doesn't always have to mean taking on too much risk. In this article, I highlight 2 picks with strong fundamentals and balance sheets. Chatham Lodging Trust Preferred Stock a...

Other symbols: CSWC
9 months ago - Seeking Alpha

Chatham Lodging Trust: I Continue To Buy The 8.1% Preferred Yield

Chatham Lodging Trust's financial performance for preferred shareholders remains robust, with a strong preferred dividend coverage ratio. The REIT's balance sheet shows low net debt compared to real e...

9 months ago - Seeking Alpha

Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024.

9 months ago - Business Wire

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

10 months ago - PRNewsWire

Chatham Lodging Trust: A Low Double-Digit Return Opportunity

Chatham Lodging Trust is a lodging REIT focused on extended-stay accommodations and select-service hotels. The company's April/May Q2 2024 business update shows it will likely easily beat its initial ...

10 months ago - Seeking Alpha

Chatham Lodging Trust Provides Business Update

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Provides Business Update.

10 months ago - Business Wire

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

Other symbols: AHRARRAVBBBREBXCMBSCPT
10 months ago - Seeking Alpha

Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown.

10 months ago - Business Wire

Chatham Lodging Trust (CLDT) Q1 2024 Earnings Call Transcript

Chatham Lodging Trust (NYSE:CLDT) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Dennis Crave...

11 months ago - Seeking Alpha