Chatham Lodging Trust (CLDT)

NYSE: CLDT · Real-Time Price · USD
8.78
+0.08 (0.92%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.92%
Market Cap 439.60M
Revenue (ttm) 313.27M
Net Income (ttm) -11.18M
Shares Out 50.07M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE n/a
Dividend $0.28 (3.19%)
Ex-Dividend Date Sep 30, 2024
Volume 296,072
Open 8.63
Previous Close 8.70
Day's Range 8.63 - 8.83
52-Week Range 7.60 - 11.32
Beta 1.80
Analysts Buy
Price Target 12.00 (+36.67%)
Earnings Date Nov 7, 2024

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

Financial Statements

Analyst Forecast

According to one analyst, the rating for CLDT stock is "Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(36.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

13 days 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.

14 days 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...

7 weeks 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.

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.

2 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...

3 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.

3 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
4 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...

4 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.

5 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...

5 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 ...

5 months ago - Seeking Alpha

Chatham Lodging Trust Provides Business Update

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

6 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
6 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.

6 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...

7 months ago - Seeking Alpha

Chatham Lodging Trust Announces First Quarter 2024 Results

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

7 months ago - Business Wire

Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024.

8 months ago - Business Wire

The State Of REITs: March 2024 Edition

REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and m...

8 months ago - Seeking Alpha

Chatham Lodging: Opportunity To Move In On 8% Yield

Chatham Lodging Trust currently trades in value range despite solid operating fundamentals, and its preferred shares currently offer a 7.7% yield. CLDT focuses on upscale, extended-stay, and select-se...

9 months ago - Seeking Alpha

Picking A Winner In Hotel REITs

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards ser...

Other symbols: AHTAPLEBHRDRHHSTINNPEB
9 months ago - Seeking Alpha

Chatham Lodging Trust (CLDT) Q4 2023 Earnings Call Transcript

Chatham Lodging Trust (CLDT) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Chatham Lodging Trust Announces Fourth Quarter 2023 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Fourth Quarter 2023 Results.

9 months ago - Business Wire

Chatham Lodging Announces Date of 2024 Annual Meeting of Shareholders

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Announces Date of 2024 Annual Meeting of Shareholders.

9 months ago - Business Wire

3 Buy Alerts: Triple Net REITs Are Falling Like Ninepins

REITs have experienced a significant decline so far in 2024, with Triple Net Lease REITs falling more than others. The higher interest rate sensitivity of Triple Net Lease REITs is one reason for thei...

Other symbols: ADCBXPNNNOPLDSPGVICI
10 months ago - Seeking Alpha