Chatham Lodging Trust (CLDT)

NYSE: CLDT · IEX Real-Time Price · USD
14.10
+0.06 (0.43%)
Feb 2, 2023, 10:04 AM EST - Market open
0.43%
Market Cap 687.70M
Revenue (ttm) 281.85M
Net Income (ttm) -7.30M
Shares Out 48.81M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 47.62
Dividend $0.07 (0.50%)
Ex-Dividend Date Dec 29, 2022
Volume 15,901
Open 14.23
Previous Close 14.04
Day's Range 14.10 - 14.25
52-Week Range 9.59 - 15.12
Beta 1.81
Analysts Buy
Price Target 16.52 (+17.16%)
Earnings Date Feb 23, 2023

About CLDT

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 rooms/suites, comprised of 40 properties it wholly owns with an aggregate of 6,092 rooms/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms/suites. [Read more]

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

Financial Performance

In 2021, CLDT's revenue was $203.98 million, an increase of 40.75% compared to the previous year's $144.92 million. Losses were -$22.39 million, -70.55% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CLDT stock is "Buy." The 12-month stock price forecast is $16.52, which is an increase of 17.16% from the latest price.

Price Target
$16.52
(17.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chatham Lodging Trust Announces 2022 Distribution Characterization

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale extended-stay hotels and premium-branded, select-ser...

1 week ago - Business Wire

Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Thursday, February 23, 2023

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-se...

2 weeks ago - Business Wire

Bet on These 5 Low Leverage Stocks to Avoid Inflation Woes

In times of crisis, a prudent investor always looks for stocks that are safe bets instead of looking at only high-growth value companies. You may buy MTG, TA, HWC, CLDT & KNSL.

Other symbols: HWCKNSLMTGTA
1 month ago - Zacks Investment Research

Chatham Lodging Trust Increases Credit Facility with RBC Commitment

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, sele...

1 month ago - Business Wire

5 Low Leverage Stocks to Buy Amid U.S. Stock Indices' Rally

One should choose stocks that provide sustainable returns, which will shield them from incurring huge losses in crisis times. You may buy MTG, TITN, CHX, CLDT & ACLS.

Other symbols: ACLSCHXMTGTITN
1 month ago - Zacks Investment Research

Chatham Lodging Trust Reinstates Common Dividend, Declares Preferred Dividend

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-se...

2 months ago - Business Wire

Wall Street Analysts See a 26% Upside in Chatham Lodging (CLDT): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Chatham Lodging (CLDT). While the effectiveness of this highly sought-after metric is questionable, the ...

2 months ago - Zacks Investment Research

3 Equity REIT Stocks Poised to Overcome Industry Hiccups

Despite pandemic, geopolitical tensions and uneven recovery of sectors, Zacks REIT and Equity Trust - Other industry stocks VICI, LAMR and CLDT should benefit from the holiday season, improvement in l...

Other symbols: LAMRVICI
2 months ago - Zacks Investment Research

Wall Street Analysts Believe Chatham Lodging (CLDT) Could Rally 42%: Here's is How to Trade

The consensus price target hints at a 42% upside potential for Chatham Lodging (CLDT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings est...

2 months ago - Zacks Investment Research

Chatham Lodging (CLDT) Q3 FFO and Revenues Surpass Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of 19.05% and 3.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Third Quarter 2022 Results

WEST PALM BEACH, Fla.

3 months ago - Business Wire

Chatham Lodging Trust Refinances Unsecured Credit Facility, Adds Term Loan

WEST PALM BEACH, Fla.

3 months ago - Business Wire

Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Tuesday, November 8, 2022

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Tuesday, November 8, 2022

4 months ago - Business Wire

Chatham Lodging Announces Preferred Dividend

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Announces Preferred Dividend

5 months ago - Business Wire

How Much Upside is Left in Chatham Lodging (CLDT)? Wall Street Analysts Think 31%

The mean of analysts' price targets for Chatham Lodging (CLDT) points to a 30.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among ...

6 months ago - Zacks Investment Research

Chatham Lodging (CLDT) Q2 FFO and Revenues Top Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of 24.24% and 6.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Huge Second Quarter 2022 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Huge Second Quarter 2022 Results

6 months ago - Business Wire

Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Wednesday, August 3, 2022

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Wednesday, August 3, 2022

7 months ago - Business Wire

Chatham Lodging Trust Announces Sale of Four Hotels

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Sale of Four Hotels

9 months ago - Business Wire

Chatham Lodging (CLDT) Q1 FFO and Revenues Beat Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of 800% and 1.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Strong First Quarter 2022 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Strong First Quarter 2022 Results

9 months ago - Business Wire

Chatham Lodging (CLDT) is on the Move, Here's Why the Trend Could be Sustainable

Chatham Lodging (CLDT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed throug...

10 months ago - Zacks Investment Research

Chatham Lodging Trust Announces First Quarter Earnings Call to be Held on Wednesday, May 4, 2022

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter Earnings Call to be Held on Wednesday, May 4, 2022

10 months ago - Business Wire

Chatham Lodging Trust Acquires Beachside Hilton Garden Inn

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires Beachside Hilton Garden Inn

11 months ago - Business Wire

Chatham Lodging (CLDT) Q4 FFO and Revenues Miss Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of -25% and 9.13%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research