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 21 hotels with an aggregate of 6,479 rooms in eight states and the District of Columbia. Additional information can be found on the Trust's website at www.chesapeakelodgingtrust.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:CHSP
CUSIP16524010
Phone571-349-9450
Debt
Debt-to-Equity Ratio0.80
Current Ratio1.53
Quick Ratio1.53
Price-To-Earnings
Trailing P/E Ratio15.01
Forward P/E Ratio13.84
P/E Growth2.67
Sales & Book Value
Annual Sales$598.27 million
Price / Sales3.27
Cash Flow$2.6672 per share
Price / Cash12.14
Book Value$17.44 per share
Price / Book1.86
Profitability
EPS (Most Recent Fiscal Year)$2.17
Net Income$76.23 million
Net Margins12.84%
Return on Equity7.39%
Return on Assets3.88%
Miscellaneous
Employees14
Outstanding Shares60,400,000
Market Cap$1.89 billion
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 Tuesday, June 12th. Stockholders of record on Friday, June 29th will be given a dividend of $0.40 per share on Friday, July 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date of this dividend is Thursday, June 28th. View Chesapeake Lodging Trust's Dividend History.
How were Chesapeake Lodging Trust's earnings last quarter?
Chesapeake Lodging Trust (NYSE:CHSP) announced its quarterly earnings data on Friday, July, 27th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.72. The real estate investment trust had revenue of $163.30 million for the quarter, compared to analyst estimates of $165.62 million. Chesapeake Lodging Trust had a net margin of 12.84% and a return on equity of 7.39%. The business's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. 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 updated its FY18 earnings guidance on Friday, July, 27th. The company provided earnings per share guidance of $2.29-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.39. Chesapeake Lodging Trust also updated its Q3 guidance to $0.63-0.67 EPS.
What price target have analysts set for CHSP?
7 brokerages have issued 1-year target prices for Chesapeake Lodging Trust's shares. Their forecasts range from $23.00 to $31.00. On average, they anticipate Chesapeake Lodging Trust's share price to reach $27.2640 in the next twelve months. This suggests that the stock has a possible downside of 15.8%. View Analyst Price Targets for Chesapeake Lodging Trust.
What is the consensus analysts' recommendation for Chesapeake Lodging Trust?
7 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 6 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. " (7/31/2018)
- 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)
Who are some of Chesapeake Lodging Trust's key competitors?
Some companies that are related to Chesapeake Lodging Trust include VICI Properties (VICI), Gaming and Leisure Properties (GLPI), VEREIT Inc/SH SH (VER), Kilroy Realty (KRC), Lamar Advertising (LAMR), National Retail Properties (NNN), WP Carey (WPC), Kimco Realty (KIM), Apartment Investment and Management (AIV), American Homes 4 Rent (AMH), Douglas Emmett (DEI), Liberty Property Trust (LPT), CyrusOne (CONE), Omega Healthcare Investors (OHI) and DCT Industrial Trust (DCT).
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
Has Chesapeake Lodging Trust been receiving favorable news coverage?
News headlines about CHSP stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chesapeake Lodging Trust earned a news and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 46.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Chesapeake Lodging Trust.
Who are Chesapeake Lodging Trust's major shareholders?
Chesapeake Lodging Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.41%), Morgan Stanley (3.93%), Centersquare Investment Management LLC (2.50%), AMP Capital Investors Ltd (2.13%), Bank of New York Mellon Corp (1.65%) and Dimensional Fund Advisors LP (1.59%). 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 Heitman Real Estate Securities LLC, AMP Capital Investors Ltd, Centersquare Investment Management LLC, Westpac Banking Corp, Bank of America Corp DE, Manning & Napier Group LLC, Federated Investors Inc. PA and Legal & General Group Plc. 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 purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Robeco Institutional Asset Management B.V., Bank of Montreal Can, American Century Companies Inc., James Investment Research Inc., Citadel Advisors LLC and SG Americas Securities LLC. Company insiders that have bought Chesapeake Lodging Trust stock in the last two years include George F Mckenzie, Graham J Wootten 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 $32.38.
How big of a company is Chesapeake Lodging Trust?
Chesapeake Lodging Trust has a market capitalization of $1.89 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.
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.
