Chatham Lodging Trust (NYSE:CLDT - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $67.99 million for the quarter.
Chatham Lodging Trust Stock Up 1.4 %
CLDT traded up $0.10 during midday trading on Thursday, hitting $6.97. The company had a trading volume of 448,493 shares, compared to its average volume of 416,373. The stock's 50 day moving average price is $7.25 and its 200 day moving average price is $8.29. Chatham Lodging Trust has a 52 week low of $5.83 and a 52 week high of $10.00. The company has a market capitalization of $341.16 million, a price-to-earnings ratio of -30.28 and a beta of 1.49. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.37.
Chatham Lodging Trust Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Monday, March 31st. Chatham Lodging Trust's payout ratio is -450.00%.
Analysts Set New Price Targets
CLDT has been the subject of several recent research reports. Stifel Nicolaus decreased their price objective on Chatham Lodging Trust from $11.00 to $9.50 and set a "buy" rating for the company in a report on Wednesday, April 16th. StockNews.com lowered shares of Chatham Lodging Trust from a "buy" rating to a "hold" rating in a report on Wednesday, March 26th.
Check Out Our Latest Analysis on Chatham Lodging Trust
Chatham Lodging Trust Company Profile
(
Get Free Report)
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.
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