How were Chesapeake Lodging Trust's earnings last quarter?

Chesapeake Lodging Trust (NYSE:CHSP) released its earnings results on Monday, May, 6th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.44 by $0.30. The real estate investment trust had revenue of $133.70 million for the quarter, compared to analyst estimates of $134 million. Chesapeake Lodging Trust had a net margin of 15.74% and a trailing twelve-month return on equity of 5.73%. The firm's quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 EPS.

Is Chesapeake Lodging Trust a good dividend stock?

Chesapeake Lodging Trust (NYSE:CHSP) pays an annual dividend of $1.60 per share and currently has a dividend yield of 5.85%. CHSP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 68.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHSP will have a dividend payout ratio of 66.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHSP .

What other stocks do shareholders of Chesapeake Lodging Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chesapeake Lodging Trust investors own include Intel (INTC) , Energy Transfer (ET) , General Electric (GE) , AT&T (T) , JPMorgan Chase & Co. (JPM) , Alliance Resource Partners (ARLP) , DowDuPont (DWDP) , Wells Fargo & Company (WFC) , CBL & Associates Properties (CBL) and Bank of America (BAC) .

NYSE:CHSP

Chesapeake Lodging Trust (CHSP) Stock Price, News & Analysis

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Today's Range: $27.17
▼
$27.17
50-Day Range: $27.17
▼
$27.17
52-Week Range: $23.68
▼
$33.81

Volume: N/A
Average Volume: 472,010 shs
Market Capitalization: $1.65 billion

P/E Ratio: 11.61
Dividend Yield: 5.89%
Price Target: N/A

Stock Analysis

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About Chesapeake Lodging Trust Stock (NYSE:CHSP)

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 6,288 rooms in eight states and the District of Columbia.

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CHSP Stock News Headlines

March 9, 2024 | investing.com

Chesapeake Granite Wash Trust (CHKR)

March 1, 2024 | ca.finance.yahoo.com

Chesapeake Gold Corp. (CKG.V)

April 19, 2024 | DTI (Ad)

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January 31, 2024 | wsj.com

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July 25, 2023 | seekingalpha.com

CLDT Chatham Lodging Trust

July 19, 2023 | fool.com

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April 13, 2023 | nytimes.com

Track Covid-19 in Chesapeake, Virginia

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

January 26, 2023 | seekingalpha.com

Chesapeake Financial Shares GAAP EPS of $3.73, revenue of $17.63M

January 25, 2023 | bizjournals.com

Parent company of Chesapeake Beverage to acquire Florida firm

July 6, 2022 | investing.com

CHSP_old Historical Data

March 28, 2022 | investing.com

CHSP_pa Historical Data

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Company Calendar

Last Earnings: 5/06/2019
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real Estate Investment Trusts
Sub-Industry: Specialized REITs
Current Symbol: NYSE:CHSP
CUSIP: 16524010
CIK: 1473078
Web: www.chesapeakelodgingtrust.com
Phone: 571-349-9450
Fax: N/A
Employees: 13
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.34
Trailing P/E Ratio: 11.61
Forward P/E Ratio: 11.46
P/E Growth: 2.31
Net Income: $96.97 million
Net Margins: 15.74%
Pretax Margin: N/A
Return on Equity: 5.73%
Return on Assets: 3.10%

Debt

Debt-to-Equity Ratio: 0.79
Current Ratio: 1.60
Quick Ratio: 1.60

Sales & Book Value

Annual Sales: $597.17 million
Price / Sales: 2.76
Cash Flow: $2.87 per share
Price / Cash Flow: 9.46
Book Value: $17.45 per share
Price / Book: 1.56

Miscellaneous

Outstanding Shares: 60,770,000
Free Float: N/A
Market Cap: $1.65 billion
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. James L. Francis (Age 57)
Pres, CEO & Trustee
Mr. Douglas W. Vicari (Age 60)
Exec. VP, CFO & Trustee
Mr. D. Rick Adams (Age 55)
Exec. VP & COO
Mr. Graham J. Wootten (Age 46)
Sr. VP, Chief Accounting Officer & Sec.
Mr. Nicholas Jette
VP of Acquisitions & Asset Management

Key Competitors

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CHSP Stock Analysis - Frequently Asked Questions

How were Chesapeake Lodging Trust's earnings last quarter?: Chesapeake Lodging Trust (NYSE:CHSP) released its earnings results on Monday, May, 6th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.44 by $0.30. The real estate investment trust had revenue of $133.70 million for the quarter, compared to analyst estimates of $134 million. Chesapeake Lodging Trust had a net margin of 15.74% and a trailing twelve-month return on equity of 5.73%. The firm's quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 EPS.
Is Chesapeake Lodging Trust a good dividend stock?: Chesapeake Lodging Trust (NYSE:CHSP) pays an annual dividend of $1.60 per share and currently has a dividend yield of 5.85%. CHSP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 68.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHSP will have a dividend payout ratio of 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHSP.
What other stocks do shareholders of Chesapeake Lodging Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Chesapeake Lodging Trust investors own include Intel (INTC), Energy Transfer (ET), General Electric (GE), AT&T (T), JPMorgan Chase & Co. (JPM), Alliance Resource Partners (ARLP), DowDuPont (DWDP), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL) and Bank of America (BAC).

This page (NYSE:CHSP) was last updated on 4/19/2024 by MarketBeat.com Staff

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Chesapeake Lodging Trust (CHSP) Stock Price, News & Analysis

About Chesapeake Lodging Trust Stock (NYSE:CHSP)

CHSP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CHSP Stock Analysis - Frequently Asked Questions

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