Chatham Lodging Trust (NYSE:CLDT - Get Free Report) is expected to be posting its Q1 2025 quarterly 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 Performance
Shares of NYSE CLDT traded up $0.07 during mid-day trading on Friday, hitting $7.02. The company had a trading volume of 413,173 shares, compared to its average volume of 417,955. Chatham Lodging Trust has a 12 month low of $5.83 and a 12 month high of $10.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $343.85 million, a P/E ratio of -30.52 and a beta of 1.42. The business's 50-day simple moving average is $7.23 and its 200-day simple moving average is $8.27.
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 paid a $0.02 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.14%. Chatham Lodging Trust's payout ratio is -450.00%.
Wall Street Analyst Weigh In
A number of brokerages have commented on CLDT. Stifel Nicolaus cut their price target on shares of Chatham Lodging Trust from $11.00 to $9.50 and set a "buy" rating for the company in a research note on Wednesday, April 16th. StockNews.com lowered Chatham Lodging Trust from a "buy" rating to a "hold" rating in a research note on Wednesday, March 26th.
Read Our Latest Stock Analysis on Chatham Lodging Trust
About Chatham Lodging Trust
(
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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