Chatham Lodging Trust (CLDT)

NYSE: CLDT · IEX Real-Time Price · USD
12.30
-0.26 (-2.07%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap600.30M
Revenue (ttm)226.75M
Net Income (ttm)-36.47M
Shares Out48.81M
EPS (ttm)-0.75
PE Ration/a
Forward PE32.57
Dividendn/a
Ex-Dividend Daten/a
Volume234,978
Open12.59
Previous Close12.56
Day's Range12.18 - 12.71
52-Week Range11.00 - 15.12
Beta1.71
AnalystsBuy
Price Target17.34 (+41.0%)
Earnings DateMay 4, 2022

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateApr 16, 2010
Employees17
Stock ExchangeNYSE
Ticker SymbolCLDT
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 -$18.41 million, -75.78% less than in 2020.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CLDT stock is "Buy." The 12-month stock price forecast is 17.34, which is an increase of 40.98% from the latest price.

Price Target
$17.34
(40.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chatham Lodging Trust Announces Sale of Four Hotels

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

3 days 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?

2 weeks 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

2 weeks 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 through ...

3 weeks 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

1 month ago - Business Wire

Chatham Lodging Announces Preferred Dividend

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

2 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

2 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?

2 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Solid Fourth Quarter 2021 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Solid Fourth Quarter 2021 Results

2 months ago - Business Wire

Chatham Lodging Announces Date of 2022 Annual Meeting of Shareholders

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Announces Date of 2022 Annual Meeting of Shareholders

2 months ago - Business Wire

Chatham Lodging Trust Announces Opening of 170-suite Home2 Suites by Hilton Woodland Hills Los Angeles

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Opening of 170-suite Home2 Suites by Hilton Woodland Hills Los Angeles

3 months ago - Business Wire

Chatham Lodging Trust Announces 2021 Distribution Characterization

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces 2021 Distribution Characterization

3 months ago - Business Wire

Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Thursday, February 24, 2022

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Fourth Quarter Earnings Call to be Held on Thursday, February 24, 2022

4 months ago - Business Wire

Chatham Lodging (CLDT) Lags Q3 FFO Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of -4.55% and 2.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Strong Third Quarter 2021 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Strong Third Quarter 2021 Results

6 months ago - Business Wire

Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Thursday, November 4, 2021

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Third Quarter Earnings Call to be Held on Thursday, November 4, 2021

7 months ago - Business Wire

Chatham Lodging Enhances Board with Appointment of Two Trustees

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Enhances Board with Appointment of Two Trustees

9 months ago - Business Wire

Chatham Lodging Trust Acquires High-Quality Extended-Stay Hotels in Austin, Texas

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires High-Quality Extended-Stay Hotels in Austin, Texas

9 months ago - Business Wire

Chatham Lodging (CLDT) Surpasses Q2 FFO Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of 11.11% and -0.89%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Chatham Lodging Trust Announces Second Quarter 2021 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2021 Results

9 months ago - Business Wire

Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Tuesday, August 3, 2021

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter Earnings Call to be Held on Tuesday, August 3, 2021

10 months ago - Business Wire

Chatham Lodging Trust Prices Public Offering of 6.625% Series A Cumulative Redeemable Preferred Shares

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Prices Public Offering of 6.625% Series A Cumulative Redeemable Preferred Shares

10 months ago - Business Wire

Chatham Lodging Trust Provides Business Update

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

11 months ago - Business Wire

Chatham Lodging (CLDT) Reports Q1 Loss, Lags Revenue Estimates

Chatham Lodging (CLDT) delivered FFO and revenue surprises of -7.14% and -0.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Chatham Lodging Trust Announces First Quarter 2021 Results

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces First Quarter 2021 Results

1 year ago - Business Wire