Chatham Lodging Trust (NYSE:CLDT) Issues FY 2025 Earnings Guidance

Chatham Lodging Trust (NYSE:CLDT - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.950-1.030 for the period, compared to the consensus earnings per share estimate of 1.050. The company issued revenue guidance of $295.0 million-$298.0 million, compared to the consensus revenue estimate of $304.0 million. Chatham Lodging Trust also updated its Q2 2025 guidance to 0.320-0.360 EPS.

Analyst Ratings Changes

Several brokerages recently issued reports on CLDT. Stifel Nicolaus cut their target price on shares of Chatham Lodging Trust from $11.00 to $9.50 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. StockNews.com downgraded Chatham Lodging Trust from a "buy" rating to a "hold" rating in a research note on Wednesday, March 26th. Finally, Alliance Global Partners reaffirmed a "buy" rating on shares of Chatham Lodging Trust in a research note on Tuesday.

Chatham Lodging Trust Stock Down 1.4 %

CLDT traded down $0.10 during trading on Friday, hitting $6.99. 254,160 shares of the company's stock were exchanged, compared to its average volume of 418,951. Chatham Lodging Trust has a fifty-two week low of $5.83 and a fifty-two week high of $10.00. The stock has a market cap of $342.38 million, a P/E ratio of -30.39 and a beta of 1.42. The business's 50 day moving average is $7.12 and its two-hundred day moving average is $8.23. 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 (NYSE:CLDT - Get Free Report) last posted its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $68.64 million for the quarter, compared to analyst estimates of $67.99 million. Chatham Lodging Trust had a negative net margin of 0.99% and a negative return on equity of 0.39%. As a group, equities analysts expect that Chatham Lodging Trust will post 1.07 earnings per share for the current fiscal year.

Chatham Lodging Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.02 per share. The ex-dividend date was Monday, March 31st. This represents a $0.08 annualized dividend and a dividend yield of 1.14%. Chatham Lodging Trust's payout ratio is 600.00%.

Chatham Lodging Trust announced that its board has approved a share repurchase plan on Tuesday, May 6th that authorizes the company to repurchase $25.00 million in shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 7.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

About Chatham Lodging Trust

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.