Chesapeake Lodging Trust Company Profile (NYSE:CHSP)

About Chesapeake Lodging Trust (CHSP)

Chesapeake Lodging Trust logoChesapeake Lodging Trust is a real estate investment trust. The Company is focused on investments primarily in upper-upscale hotels in various business and convention markets and, on a selective basis, select-service hotels in urban settings or other locations in the United States. The Company operates through the hotel ownership segment. The Company conducts its operations primarily though Chesapeake Lodging, L.P., its operating partnership (the Operating Partnership). As of February 17, 2017, the Company owned 22 hotels. As of February 17, 2017, the Company's portfolio included Hyatt Regency Boston; Hilton Checkers Los Angeles; Boston Marriott Newton; Le Meridien San Francisco; Hotel Indigo San Diego Gaslamp Quarter; Courtyard Washington Capitol Hill/Navy Yard; Hotel Adagio San Francisco, Autograph Collection; Denver Marriott City Center; Hyatt Herald Square New York, and Ace Hotel and Theater Downtown Los Angeles. As of February 17, 2017, the Company's hotels had 6,694 rooms.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: CHSP
  • CUSIP: 16524010
Key Metrics:
  • Previous Close: $23.31
  • 50 Day Moving Average: $23.77
  • 200 Day Moving Average: $24.27
  • 52-Week Range: $20.81 - $27.08
  • Trailing P/E Ratio: 21.58
  • Foreward P/E Ratio: 21.79
  • P/E Growth: 3.11
  • Market Cap: $1.40B
  • Outstanding Shares: 58,895,000
  • Beta: 1.04
Profitability:
  • Net Margins: 12.77%
  • Return on Equity: 6.60%
  • Return on Assets: 3.81%
Debt:
  • Debt-to-Equity Ratio: 0.62%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.82%

Analyst Ratings

Consensus Ratings for Chesapeake Lodging Trust (NYSE:CHSP) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $23.00 (1.33% downside)

Analysts' Ratings History for Chesapeake Lodging Trust (NYSE:CHSP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/23/2017Janney Montgomery ScottReiterated RatingNeutral$24.00N/AView Rating Details
11/2/2016Deutsche Bank AGLower Price TargetHold$23.00 -> $22.00N/AView Rating Details
7/14/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
3/3/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
3/3/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$29.00N/AView Rating Details
2/19/2016JPMorgan Chase & Co.Boost Price TargetNeutral$20.00 -> $21.00N/AView Rating Details
1/19/2016Ladenburg Thalmann Financial ServicesDowngradeNeutral -> SellN/AView Rating Details
1/7/2016Robert W. BairdLower Price Target$34.00 -> $31.00N/AView Rating Details
11/3/2015SunTrust Banks, Inc.Lower Price Target$32.00 -> $29.00N/AView Rating Details
10/5/2015KeyCorpDowngradeOverweightN/AView Rating Details
(Data available from 4/29/2015 forward)

Earnings

Earnings History for Chesapeake Lodging Trust (NYSE:CHSP)
Earnings by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
Earnings History by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
4/25/2017Q1 2017$0.36$0.41$132.06 million$134.90 millionViewN/AView Earnings Details
2/22/2017Q416$0.46$0.16$142.75 million$145.13 millionViewListenView Earnings Details
11/1/2016Q3$0.74$0.40$167.65 million$164.50 millionViewListenView Earnings Details
7/29/2016Q216$0.47$0.44$171.20 million$169.40 millionViewListenView Earnings Details
2/18/2016Q4$0.54$0.52$149.99 million$146.20 millionViewListenView Earnings Details
11/2/2015Q3$0.73$0.73$165.18 million$165.00 millionViewListenView Earnings Details
7/30/2015Q2$0.36$0.68$163.89 million$162.10 millionViewListenView Earnings Details
4/30/2015Q1($0.04)($0.02)$107.90 million$109.30 millionViewListenView Earnings Details
2/19/2015Q414$0.46$0.44$124.48 million$123.50 millionViewListenView Earnings Details
11/3/2014Q415$0.64$0.65$128.17 million$130.80 millionViewListenView Earnings Details
8/4/2014Q315$0.62$0.64$129.99 million$128.90 millionViewListenView Earnings Details
4/30/2014Q215($0.04)($0.01)$92.98 million$94.80 millionViewListenView Earnings Details
2/20/2014Q115$0.17$0.18$112.36 million$111.60 millionViewListenView Earnings Details
11/6/2013Q313$0.35$0.61$125.16 million$122.40 millionViewListenView Earnings Details
8/5/2013Q213$0.32$0.56$111.47 million$115.60 millionViewListenView Earnings Details
5/7/2013Q113($0.12)$0.15$70.01 million$70.60 millionViewListenView Earnings Details
1/31/2013Q412$0.12$0.41ViewN/AView Earnings Details
11/1/2012Q312$0.15$0.21$72.61 million$75.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chesapeake Lodging Trust (NYSE:CHSP)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $1.07 EPS

Dividends

Current Dividend Information for Chesapeake Lodging Trust (NYSE:CHSP)
Most Recent Dividend:4/14/2017
Annual Dividend:$1.60
Dividend Yield:6.86%
Dividend Growth:18.60% (3 Year Average)
Payout Ratio:135.59% (Trailing 12 Months of Earnings)
163.27% (Based on This Year's Estimates)
149.53% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)

Dividend History by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/20/2017Quarterly$0.403/29/20173/31/20174/14/2017
12/16/2016quarterly$0.406%12/28/201612/30/20161/13/2017
9/19/2016Quarterly$0.406.86%9/28/20169/30/201610/14/2016
5/18/2016quarterly$0.406.86%6/28/20166/30/20167/15/2016
3/17/2016quarterly$0.406.13%3/29/20163/31/20164/15/2016
12/18/2015Quarterly$0.406.22%12/29/201512/31/20151/15/2016
7/31/2015quarterly$0.404.99%9/28/20159/30/201510/15/2015
5/21/2015quarterly$0.354.39%6/26/20156/30/20157/15/2015
1/27/2015quarterly$0.353.63%3/27/20153/31/20154/15/2015
12/15/2014quarterly$0.303.41%12/29/201412/31/20141/15/2015
9/16/2014quarterly$0.304.04%9/26/20149/30/201410/15/2014
5/16/2014quarterly$0.304.26%6/26/20146/30/20147/15/2014
2/20/2014quarterly$0.304.62%3/27/20143/31/20144/15/2014
12/16/2013quarterly$0.264.34%12/27/201312/31/20131/15/2014
8/5/2013quarterly$0.264.58%9/26/20139/30/201310/15/2013
5/21/2013quarterly$0.244.12%6/26/20136/28/20137/15/2013
2/21/2013quarterly$0.244.35%3/26/20133/29/20134/15/2013
12/13/2012quarterly$0.224.54%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Chesapeake Lodging Trust (NYSE:CHSP)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 96.22%
Insider Trades by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
Institutional Ownership by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
Insider Trades by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/16/2017Thomas D EckertDirectorSell16,000$24.36$389,760.00View SEC Filing  
12/19/2016James L FrancisCEOBuy1,500$26.71$40,065.00View SEC Filing  
11/28/2016James L FrancisCEOBuy2,500$23.26$58,150.00View SEC Filing  
11/18/2016George F MckenzieDirectorBuy1,500$22.84$34,260.00View SEC Filing  
11/15/2016James L FrancisCEOBuy5,000$22.79$113,950.00View SEC Filing  
11/3/2016Graham J WoottenCAOBuy1,500$21.00$31,500.00View SEC Filing  
8/11/2016Thomas D EckertDirectorSell21,000$25.34$532,140.00View SEC Filing  
8/28/2015Jeffrey D. NuechterleinDirectorSell3,000$29.48$88,440.00View SEC Filing  
8/24/2015D. Rick AdamsCOOBuy2,500$30.11$75,275.00View SEC Filing  
8/12/2015Graham J WoottenCAOBuy11,000$30.60$336,600.00View SEC Filing  
8/11/2015Graham J WoottenCAOBuy5,000$30.80$154,000.00View SEC Filing  
5/6/2015Jeffrey D NuechterleinDirectorBuy2,000$30.40$60,800.00View SEC Filing  
11/7/2014James L FrancisCEOSell35,000$33.22$1,162,700.00View SEC Filing  
11/8/2013Douglas VicariCFOBuy1,000$22.50$22,500.00View SEC Filing  
11/8/2013Graham WoottenCAOBuy2,000$22.19$44,380.00View SEC Filing  
8/30/2013Douglas VicariCFOBuy2,000$22.00$44,000.00View SEC Filing  
8/19/2013Thomas EckertDirectorBuy16,000$22.13$354,080.00View SEC Filing  
8/16/2013John HillDirectorSell4,000$22.46$89,840.00View SEC Filing  
5/22/2013James L FrancisCEOSell5,000$23.91$119,550.00View SEC Filing  
5/17/2013James L FrancisCEOSell25,000$23.65$591,250.00View SEC Filing  
11/16/2012Douglas W VicariCFOBuy2,000$17.81$35,620.00View SEC Filing  
9/18/2012Thomas A NatelliDirectorBuy5,000$18.50$92,500.00View SEC Filing  
8/16/2012Graham J WoottenCAOBuy2,200$16.97$37,334.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Chesapeake Lodging Trust (NYSE:CHSP)
Latest Headlines for Chesapeake Lodging Trust (NYSE:CHSP)
Source:
DateHeadline
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 27 at 10:08 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Given News Impact Rating of 0.06
www.americanbankingnews.com - April 27 at 9:26 PM
finance.yahoo.com logoChesapeake Lodging Trust Obtains $225.0 Million Unsecured Term Loan
finance.yahoo.com - April 26 at 4:30 PM
finance.yahoo.com logoChesapeake Lodging Trust Reports First Quarter Results
finance.yahoo.com - April 26 at 4:30 PM
finance.yahoo.com logoEdited Transcript of CHSP earnings conference call or presentation 25-Apr-17 9:00pm GMT
finance.yahoo.com - April 26 at 4:30 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS
www.americanbankingnews.com - April 25 at 9:44 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Issues Q2 Earnings Guidance
www.americanbankingnews.com - April 25 at 6:38 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Issues FY17 Earnings Guidance
www.americanbankingnews.com - April 25 at 6:38 PM
marketbeat.com logoChesapeake Lodging reports 1Q results
marketbeat.com - April 25 at 5:52 PM
americanbankingnews.com logoSomewhat Critical News Coverage Likely to Impact Chesapeake Lodging Trust (CHSP) Stock Price
www.americanbankingnews.com - April 24 at 2:22 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Expected to Announce Quarterly Sales of $132.15 Million
www.americanbankingnews.com - April 23 at 8:49 AM
americanbankingnews.com logo Analysts Expect Chesapeake Lodging Trust (CHSP) to Announce $0.36 EPS
www.americanbankingnews.com - April 21 at 5:58 PM
finance.yahoo.com logoChesapeake Lodging Trust breached its 50 day moving average in a Bullish Manner : CHSP-US : April 20, 2017
finance.yahoo.com - April 20 at 4:27 PM
finance.yahoo.com logoShlomo Kramer's Cato Networks Out To Redefine Networks And Security, Again
finance.yahoo.com - April 20 at 4:27 PM
nasdaq.com logoCHSP Crosses Above Key Moving Average Level
www.nasdaq.com - April 19 at 12:55 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Getting Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 10:47 PM
americanbankingnews.com logoChesapeake Lodging Trust (CHSP) Receiving Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 7:57 PM
finance.yahoo.com logoChesapeake Lodging Trust : CHSP-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 4:21 PM
finance.yahoo.com logoChesapeake Lodging Trust to Release Earnings for Quarter Ended March 31, 2017
finance.yahoo.com - April 3 at 4:42 PM
nasdaq.com logoFirst Week of May 19th Options Trading For Chesapeake Lodging Trust (CHSP)
www.nasdaq.com - March 31 at 4:25 PM
americanbankingnews.com logoChesapeake Lodging Trust (chsp) to Issue $0.40 Quarterly Dividend
www.americanbankingnews.com - March 21 at 7:52 AM
streetinsider.com logoChesapeake Lodging Trust (CHSP) Declares $0.40 Quarterly Dividend; 6.6% Yield
www.streetinsider.com - March 17 at 8:47 PM
finance.yahoo.com logoChesapeake Lodging Trust Sets Date of 2017 Annual Meeting of Shareholders
finance.yahoo.com - March 17 at 3:46 PM
finance.yahoo.com logoChesapeake Lodging Trust Declares Dividends for the First Quarter
finance.yahoo.com - March 17 at 3:46 PM
nasdaq.com logoChesapeake Lodging Trust (CHSP) Shares Cross Above 200 DMA
www.nasdaq.com - March 16 at 5:36 PM
seekingalpha.com logo10 Best Dividend Paying Stocks For The Enterprising Investor
seekingalpha.com - March 14 at 4:09 PM
nasdaq.com logoChesapeake Lodging Trust is Oversold
www.nasdaq.com - March 8 at 10:03 PM
us.rd.yahoo.com logoEdited Transcript of CHSP earnings conference call or presentation 22-Feb-17 10:00pm GMT
us.rd.yahoo.com - February 23 at 4:17 PM
streetinsider.com logoChesapeake Lodging Trust (CHSP) Misses Q4 EPS by 1c; Adj-FFO was $0.48/Share
www.streetinsider.com - February 23 at 2:30 AM
seekingalpha.com logoChesapeake Lodging Trust's (CHSP) CEO James Francis on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 2:30 AM
us.rd.yahoo.com logo4:24 pm Chesapeake Lodging Trust beats by $0.02, beats on revs; guides Q1 FFO below consensus; guides FY17 FFO below consensus
us.rd.yahoo.com - February 22 at 9:28 PM
nasdaq.com logoWhat's in Store for Public Storage (PSA) in Q4 Earnings?
www.nasdaq.com - February 21 at 2:53 PM
finance.yahoo.com logoRE/MAX Holdings (RMAX) Q4 Earnings: What's in the Cards?
finance.yahoo.com - February 21 at 2:53 PM
finance.yahoo.com logoIs Chesapeake Lodging a Great Stock for Value Investors?
finance.yahoo.com - February 16 at 10:38 AM
fool.com logo2 Cheap High-Yield Dividend Stocks to Grow Your Retirement Portfolio
www.fool.com - January 31 at 4:44 PM
finance.yahoo.com logoChesapeake Lodging Trust Announces 2016 Dividend Income Tax Treatment
finance.yahoo.com - January 27 at 5:39 PM
benzinga.com logoChesapeake Lodging Trust to Release Earnings for...
www.benzinga.com - January 17 at 9:06 AM
finance.yahoo.com logoChesapeake Lodging Trust to Release Earnings for Quarter Ended December 31, 2016
finance.yahoo.com - January 17 at 9:06 AM
fool.com logo1 Overlooked Stock to Buy With Dividends Yielding More Than 6%
www.fool.com - January 7 at 4:49 PM
seekingalpha.com logoChesapeake Lodging Trust: A View From The Perspective Of A Preferred Investor
seekingalpha.com - December 29 at 2:23 AM
nasdaq.com logoEx-Dividend Reminder: Chesapeake Lodging Trust, Two Harbors Investment and AXIS Capital Holdings
www.nasdaq.com - December 27 at 12:20 PM
streetinsider.com logoChesapeake Lodging Trust (CHSP) Declares $0.40 Quarterly Dividend; 5.9% Yield
www.streetinsider.com - December 16 at 2:44 AM
biz.yahoo.com logoCHESAPEAKE LODGING TRUST Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
biz.yahoo.com - December 15 at 4:40 PM
finance.yahoo.com logoChesapeake Lodging Trust (CHSP) President & CEO James L Francis Bought $113,950 of Shares
finance.yahoo.com - November 16 at 10:07 AM
streetinsider.com logoChesapeake Lodging Trust (CHSP) Posts EPS of $0.40, AFFO of $0.71
www.streetinsider.com - November 1 at 9:40 PM
seekingalpha.com logoChesapeake Lodging Trust's (CHSP) CEO James Francis on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 1 at 9:40 PM

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Frequently Asked Questions for Chesapeake Lodging Trust (NYSE:CHSP)

What is Chesapeake Lodging Trust's stock symbol?

Chesapeake Lodging Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHSP."

How often does Chesapeake Lodging Trust pay dividends? What is the dividend yield for Chesapeake Lodging Trust?

Chesapeake Lodging Trust announced a quarterly dividend on Monday, March 20th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.40 per share on Friday, April 14th. This represents a $1.60 annualized dividend and a dividend yield of 6.86%. The ex-dividend date of this dividend is Wednesday, March 29th.

How were Chesapeake Lodging Trust's earnings last quarter?

Chesapeake Lodging Trust (NYSE:CHSP) announced its quarterly earnings results on Tuesday, April, 25th. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.05. The business had revenue of $134.90 million for the quarter, compared to the consensus estimate of $132.06 million. Chesapeake Lodging Trust had a net margin of 12.77% and a return on equity of 6.60%. The firm's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 EPS.

When will Chesapeake Lodging Trust make its next earnings announcement?

Chesapeake Lodging Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What guidance has Chesapeake Lodging Trust issued on next quarter's earnings?

Chesapeake Lodging Trust issued an update on its FY17 earnings guidance on Tuesday, April, 25th. The company provided EPS guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. Chesapeake Lodging Trust also updated its Q2 guidance to $0.60-0.64 EPS.

Where is Chesapeake Lodging Trust's stock going? Where will Chesapeake Lodging Trust's stock price be in 2017?

3 brokerages have issued 12 month price targets for Chesapeake Lodging Trust's shares. Their predictions range from $22.00 to $24.00. On average, they anticipate Chesapeake Lodging Trust's stock price to reach $23.00 in the next twelve months.

What are analysts saying about Chesapeake Lodging Trust stock?

Here are some recent quotes from research analysts about Chesapeake Lodging Trust stock:

  • 1. According to Zacks Investment Research, "Chesapeake Lodging Trust is a real estate investment trust. It is a self-advised hotel investment company focused on investments in upper upscale hotels in business, airport, convention markets, and select-service hotels in urban settings or locations in the United States. " (4/27/2017)
  • 2. Janney Montgomery Scott analysts commented, "We maintain our NEUTRAL on CHSP post its 4Q16 earnings. We generally view 2017 as a transitional year for the company given renovation disruptions and several onetime issues in its markets. We also still think there are a number of industry challenges impacting sentiment including: Airbnb, increased supply, price transparency and uncertainty about corporate travel. Our FV remains $24, which is 13x (from 12x) our 2017 EBITDA. We use a one-turn higher multiple to account for renovation and other disruptions in 2017." (2/23/2017)

Who owns Chesapeake Lodging Trust stock?

Chesapeake Lodging Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (1.02%), Russell Investments Group Ltd. (0.67%), Manning & Napier Advisors LLC (0.39%), Graybill Bartz & Assoc Ltd. (0.24%), Nationwide Fund Advisors (0.22%) and Strs Ohio (0.18%). Company insiders that own Chesapeake Lodging Trust stock include D Rick Adams, George F Mckenzie, Graham J Wootten, James L Francis, Jeffrey D Nuechterlein and Thomas D Eckert.

Who sold Chesapeake Lodging Trust stock? Who is selling Chesapeake Lodging Trust stock?

Chesapeake Lodging Trust's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Profund Advisors LLC, Nationwide Fund Advisors, Strs Ohio, Shell Asset Management Co., Capstone Asset Management Co. and Nisa Investment Advisors LLC.

Who bought Chesapeake Lodging Trust stock? Who is buying Chesapeake Lodging Trust stock?

Chesapeake Lodging Trust's stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Russell Investments Group Ltd., State of Alaska Department of Revenue, Spirit of America Management Corp NY, Cubic Asset Management LLC, Graybill Bartz & Assoc Ltd., ProShare Advisors LLC and Louisiana State Employees Retirement System. Company insiders that have bought Chesapeake Lodging Trust stock in the last two years include D Rick Adams, George F Mckenzie, Graham J Wootten, James L Francis and Jeffrey D Nuechterlein.

How do I buy Chesapeake Lodging Trust stock?

Shares of Chesapeake Lodging Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Chesapeake Lodging Trust stock cost?

One share of Chesapeake Lodging Trust stock can currently be purchased for approximately $23.31.

Chesapeake Lodging Trust (CHSP) Chart for Saturday, April, 29, 2017

This page was last updated on 4/29/2017 by MarketBeat.com Staff