Chatham Lodging Trust (REIT) (NYSE:CLDT) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analyst sentiment is neutral: Chatham Lodging Trust has a consensus “Hold” rating from five analysts, with three holds and two buys. The average 12-month price target is $13.00.
• Quarterly results exceeded expectations: The REIT reported earnings of $0.13 per share versus the $0.11 consensus estimate and revenue of $87.8 million, above expectations of $82.01 million.
• Shares and dividend: CLDT recently traded at $12.98, near the analyst price target, while paying a quarterly dividend of $0.10 per share, equivalent to a 3.1% annualized yield.

Chatham Lodging Trust (REIT) (NYSE:CLDT - Get Free Report) has been given a consensus rating of "Hold" by the five brokerages that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $13.00.

CLDT has been the subject of a number of research analyst reports. Wall Street Zen upgraded Chatham Lodging Trust from a "hold" rating to a "buy" rating in a report on Saturday. Stifel Nicolaus boosted their target price on shares of Chatham Lodging Trust from $13.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, July 14th. Alliance Global Partners restated a "buy" rating on shares of Chatham Lodging Trust in a research report on Tuesday, August 4th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $12.00 price target on shares of Chatham Lodging Trust in a report on Friday, June 12th. Finally, Weiss Ratings raised shares of Chatham Lodging Trust from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, August 6th.

Chatham Lodging Trust Trading Up 0.5%

CLDT opened at $12.98 on Friday. The stock has a market capitalization of $605.91 million, a PE ratio of 162.27 and a beta of 1.08. The firm's fifty day moving average price is $13.04 and its 200 day moving average price is $10.10. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.72 and a quick ratio of 0.72. Chatham Lodging Trust has a 12-month low of $6.08 and a 12-month high of $13.88.

Chatham Lodging Trust (NYSE:CLDT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. Chatham Lodging Trust had a net margin of 4.00% and a return on equity of 1.56%. The firm had revenue of $87.80 million for the quarter, compared to the consensus estimate of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. As a group, research analysts expect that Chatham Lodging Trust will post 1.33 EPS for the current fiscal year.

Chatham Lodging Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.40 annualized dividend and a dividend yield of 3.1%. Chatham Lodging Trust's dividend payout ratio is 500.00%.

Institutional Trading of Chatham Lodging Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc acquired a new stake in shares of Chatham Lodging Trust in the 2nd quarter worth about $60,000. Quantbot Technologies LP bought a new position in Chatham Lodging Trust in the 2nd quarter worth about $69,000. Tower Research Capital LLC TRC increased its stake in shares of Chatham Lodging Trust by 195.0% in the second quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust's stock valued at $41,000 after purchasing an additional 3,858 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Chatham Lodging Trust in the second quarter valued at approximately $80,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Chatham Lodging Trust by 1,071.1% during the first quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 6,084 shares during the last quarter. 88.37% of the stock is currently owned by institutional investors and hedge funds.

Chatham Lodging Trust Company Profile

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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