Chesapeake Lodging Trust is a self-advised lodging real estate investment trust REIT focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States. The Trust owns 20 hotels with an aggregate of 6,279 rooms in eight states and the District of Columbia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNYSE:CHSP
Previous Symbol
CUSIP16524010
Phone571-349-9450
Debt
Debt-to-Equity Ratio0.71
Current Ratio1.75
Quick Ratio1.75
Price-To-Earnings
Trailing P/E Ratio13.48
Forward P/E Ratio12.72
P/E Growth2.56
Sales & Book Value
Annual Sales$598.27 million
Price / Sales2.95
Cash Flow$2.5555 per share
Price / Cash11.45
Book Value$17.72 per share
Price / Book1.65
Profitability
EPS (Most Recent Fiscal Year)$2.17
Net Income$76.23 million
Net Margins18.64%
Return on Equity7.47%
Return on Assets3.99%
Miscellaneous
Employees14
Outstanding Shares60,390,000
Market Cap$1.78 billion
OptionableOptionable
Chesapeake Lodging Trust (NYSE:CHSP) Frequently Asked Questions
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, September 10th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.40 per share on Monday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, September 27th. View Chesapeake Lodging Trust's Dividend History.
How were Chesapeake Lodging Trust's earnings last quarter?
Chesapeake Lodging Trust (NYSE:CHSP) released its quarterly earnings results on Thursday, November, 1st. The real estate investment trust reported $0.34 EPS for the quarter, missing the Zacks' consensus estimate of $0.66 by $0.32. The real estate investment trust earned $156.35 million during the quarter, compared to analysts' expectations of $157.13 million. Chesapeake Lodging Trust had a return on equity of 7.47% and a net margin of 18.64%. Chesapeake Lodging Trust's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 earnings per share. View Chesapeake Lodging Trust's Earnings History.
When is Chesapeake Lodging Trust's next earnings date?
What guidance has Chesapeake Lodging Trust issued on next quarter's earnings?
Chesapeake Lodging Trust issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $2.28-2.32 for the period. Chesapeake Lodging Trust also updated its Q4 guidance to $0.48-0.52 EPS.
What price target have analysts set for CHSP?
6 Wall Street analysts have issued 12 month price targets for Chesapeake Lodging Trust's shares. Their forecasts range from $26.00 to $31.00. On average, they anticipate Chesapeake Lodging Trust's share price to reach $28.2640 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Chesapeake Lodging Trust.
What is the consensus analysts' recommendation for Chesapeake Lodging Trust?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Lodging Trust in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chesapeake Lodging Trust.
What are Wall Street 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. " (11/5/2018)
- 2. Royal Bank of Canada analysts commented, "We now expect 2018 revenue of $2.468 billion (+7.0% YOY), slightly below our prior estimate of $2.472 billion, and economic EPS of $15.19 (+4.0% YOY), below our prior estimate of $16.08. Our estimates for 2019 now call for revenue of $2.585 billion (+4.8% YOY), slightly below our prior estimate of $2.600 billion, and economic EPS of $17.50 (+15.2% YOY), slightly below our prior estimate of $18.15." (7/30/2018)
Has Chesapeake Lodging Trust been receiving favorable news coverage?
Headlines about CHSP stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Chesapeake Lodging Trust earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are some of Chesapeake Lodging Trust's key competitors?
Some companies that are related to Chesapeake Lodging Trust include Kilroy Realty (KRC), Omega Healthcare Investors (OHI), Gaming and Leisure Properties (GLPI), Kimco Realty (KIM), Liberty Property Trust (LPT), Store Capital (STOR), Douglas Emmett (DEI), American Homes 4 Rent (AMH), Medical Properties Trust (MPW), New Residential Investment (NRZ), Starwood Property Trust (STWD), CyrusOne (CONE), American Campus Communities (ACC), CubeSmart (CUBE) and Healthcare Trust Of America (HTA).
Who are Chesapeake Lodging Trust's key executives?
Chesapeake Lodging Trust's management team includes the folowing people:
- Mr. James L. Francis, Pres, CEO & Trustee (Age 56)
- Mr. Douglas W. Vicari, Exec. VP, CFO & Trustee (Age 59)
- Mr. D. Rick Adams, Exec. VP & COO (Age 54)
- Mr. Graham J. Wootten, Sr. VP, Chief Accounting Officer & Sec. (Age 45)
- Mr. Nishil Patel, VP & Treasurer
Who are Chesapeake Lodging Trust's major shareholders?
Chesapeake Lodging Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.96%), JPMorgan Chase & Co. (2.78%), JPMorgan Chase & Co. (2.78%), AMP Capital Investors Ltd (1.88%), Bank of New York Mellon Corp (1.70%) and Robeco Institutional Asset Management B.V. (1.68%). 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. View Institutional Ownership Trends for Chesapeake Lodging Trust.
Which major investors are selling Chesapeake Lodging Trust stock?
CHSP stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., AMP Capital Investors Ltd, Barings LLC, Martingale Asset Management L P, Timbercreek Investment Management Inc., Bowling Portfolio Management LLC, Schroder Investment Management Group and Wells Fargo & Company MN. Company insiders that have sold Chesapeake Lodging Trust company stock in the last year include D Rick Adams, Graham J Wootten, James L Francis and Jeffrey D Nuechterlein. View Insider Buying and Selling for Chesapeake Lodging Trust.
Which major investors are buying Chesapeake Lodging Trust stock?
CHSP stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Robeco Institutional Asset Management B.V., Matarin Capital Management LLC, Robeco Institutional Asset Management B.V., BlackRock Inc., Sumitomo Mitsui Asset Management Company LTD and Public Employees Retirement Association of Colorado. Company insiders that have bought Chesapeake Lodging Trust stock in the last two years include George F Mckenzie and James L Francis. View Insider Buying and Selling for Chesapeake Lodging Trust.
How do I buy shares of Chesapeake Lodging Trust?
Shares of CHSP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Lodging Trust's stock price today?
One share of CHSP stock can currently be purchased for approximately $29.26.
How big of a company is Chesapeake Lodging Trust?
Chesapeake Lodging Trust has a market capitalization of $1.78 billion and generates $598.27 million in revenue each year. The real estate investment trust earns $76.23 million in net income (profit) each year or $2.17 on an earnings per share basis. Chesapeake Lodging Trust employs 14 workers across the globe.
What is Chesapeake Lodging Trust's official website?
How can I contact Chesapeake Lodging Trust?
Chesapeake Lodging Trust's mailing address is 4300 WILSON BOULEVARD SUITE 625, ARLINGTON VA, 22203. The real estate investment trust can be reached via phone at 571-349-9450.
MarketBeat Community Rating for Chesapeake Lodging Trust (NYSE CHSP)
MarketBeat's community ratings are surveys of what our community members think about Chesapeake Lodging Trust and other stocks. Vote "Outperform" if you believe CHSP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHSP will underperform the S&P 500 over the long term. You may vote once every thirty days.
