Chatham Lodging Trust (NYSE:CLDT - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $79.67 million for the quarter. Chatham Lodging Trust has set its FY 2025 guidance at 0.950-1.030 EPS and its Q2 2025 guidance at 0.320-0.360 EPS.
Chatham Lodging Trust (NYSE:CLDT - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. Chatham Lodging Trust had a net margin of 3.44% and a return on equity of 1.38%. The company had revenue of $68.64 million during the quarter, compared to the consensus estimate of $67.99 million. On average, analysts expect Chatham Lodging Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Chatham Lodging Trust Stock Performance
CLDT stock traded down $0.19 on Friday, hitting $6.63. The company's stock had a trading volume of 241,997 shares, compared to its average volume of 196,777. Chatham Lodging Trust has a 1 year low of $5.83 and a 1 year high of $10.00. The stock has a market cap of $324.74 million, a price-to-earnings ratio of 110.50 and a beta of 1.50. The firm has a 50 day moving average of $7.12 and a two-hundred day moving average of $7.46. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.31.
Chatham Lodging Trust Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.4%. This is a positive change from Chatham Lodging Trust's previous quarterly dividend of $0.02. The ex-dividend date was Monday, June 30th. Chatham Lodging Trust's dividend payout ratio (DPR) is presently 600.00%.
Chatham Lodging Trust declared that its board has initiated a stock repurchase program on Tuesday, May 6th that permits the company to buyback $25.00 million in shares. This buyback authorization permits the real estate investment trust to purchase up to 7.2% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its stock is undervalued.
Wall Street Analysts Forecast Growth
CLDT has been the topic of several recent analyst reports. Alliance Global Partners reiterated a "buy" rating on shares of Chatham Lodging Trust in a research report on Tuesday, May 6th. Stifel Nicolaus cut their price objective on Chatham Lodging Trust from $11.00 to $9.50 and set a "buy" rating for the company in a research report on Wednesday, April 16th.
Check Out Our Latest Stock Analysis on Chatham Lodging Trust
Hedge Funds Weigh In On Chatham Lodging Trust
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of Chatham Lodging Trust by 26.7% in the first quarter. Royal Bank of Canada now owns 193,422 shares of the real estate investment trust's stock valued at $1,379,000 after buying an additional 40,746 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Chatham Lodging Trust by 35.8% in the first quarter. AQR Capital Management LLC now owns 98,409 shares of the real estate investment trust's stock worth $702,000 after acquiring an additional 25,926 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Chatham Lodging Trust by 6.6% during the first quarter. Jane Street Group LLC now owns 289,534 shares of the real estate investment trust's stock worth $2,064,000 after purchasing an additional 18,030 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Chatham Lodging Trust during the first quarter worth $62,000. Finally, Strs Ohio purchased a new stake in shares of Chatham Lodging Trust during the first quarter worth about $61,000. Institutional investors and hedge funds own 88.37% of the company's stock.
Chatham Lodging Trust Company Profile
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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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