Chatham Lodging Trust (CLDT)
NYSE: CLDT · IEX Real-Time Price · USD
9.15
+0.01 (0.11%)
Apr 26, 2024, 11:57 AM EDT - Market open
Chatham Lodging Trust Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CLDT stock have an average target of 13.67, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 49.40% from the current stock price of 9.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CLDT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +31.15% | Apr 17, 2024 |
| Barclays | Barclays | Buy Maintains $16 → $14 | Buy | Maintains | $16 → $14 | +53.01% | Jul 27, 2023 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades $14 | Buy → Hold | Downgrades | $14 | +53.01% | Jul 20, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $14 → $12 | Buy | Maintains | $14 → $12 | +31.15% | Jul 5, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +63.93% | May 8, 2023 |
Financial Forecast
Revenue This Year
323.08M
from 311.11M
Increased by 3.85%
Revenue Next Year
334.50M
from 323.08M
Increased by 3.53%
EPS This Year
n/a
from -0.11
EPS Next Year
n/a
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 333.2M | 344.3M | 353.4M |
| Avg | 323.1M | 334.5M | 343.4M |
| Low | 309.8M | 321.4M | 329.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.1% | 6.6% | 5.7% |
| Avg | 3.8% | 3.5% | 2.6% |
| Low | -0.4% | -0.5% | -1.4% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | - |
| Avg | - |
| Low | - |
EPS Growth
| EPS Growth | 2024 |
|---|---|
| High | - |
| Avg | - |
| Low | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.