Chatham Lodging Trust (CLDT) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chatham Lodging Trust in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CLDT shares.
View CLDT analyst ratings or view top-rated stocks.

3 brokerages have issued 12 month price objectives for Chatham Lodging Trust's shares. Their CLDT share price forecasts range from $15.00 to $16.00. On average, they predict the company's share price to reach $15.33 in the next twelve months. This suggests a possible upside of 64.7% from the stock's current price.
View analysts price targets for CLDT or view top-rated stocks among Wall Street analysts.

Chatham Lodging Trust's stock was trading at $12.27 at the start of the year. Since then, CLDT stock has decreased by 24.1% and is now trading at $9.31.
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Chatham Lodging Trust saw a drop in short interest in May. As of May 15th, there was short interest totaling 491,600 shares, a drop of 6.3% from the April 30th total of 524,600 shares. Based on an average daily volume of 321,200 shares, the short-interest ratio is presently 1.5 days.
View Chatham Lodging Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CLDT earnings forecast.

Chatham Lodging Trust (NYSE:CLDT) released its quarterly earnings data on Wednesday, May, 4th. The real estate investment trust reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.30. Chatham Lodging Trust had a trailing twelve-month return on equity of 1.76% and a net margin of 4.68%. During the same period last year, the company earned ($0.15) EPS.

Chatham Lodging Trust announced a monthly dividend on Tuesday, March 7th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.07 per share on Monday, April 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.02%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for CLDT.

ETFs with the largest weight of Chatham Lodging Trust (NYSE:CLDT) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ), Cambria Global Real Estate ETF (BLDG), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares US Small Cap Value Factor ETF (SVAL), Nuveen Short-Term REIT ETF (NURE), Kelly Hotel & Lodging Sector ETF (HOTL), Invesco S&P SmallCap Financials ETF (PSCF) and SPDR Dow Jones REIT ETF (RWR).

Chatham Lodging Trust (NYSE:CLDT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.01%. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CLDT will have a dividend payout ratio of 21.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CLDT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chatham Lodging Trust investors own include AT&T (T), Realty Income (O), CVS Health (CVS), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), STAG Industrial (STAG), New Residential Investment (NRZ), Main Street Capital (MAIN), Verizon Communications (VZ) and Apple Hospitality REIT (APLE).

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

Chatham Lodging Trust's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (19.39%), State Street Corp (5.02%), Geode Capital Management LLC (2.10%), Donald Smith & CO. Inc. (2.07%), Renaissance Technologies LLC (1.67%) and Charles Schwab Investment Management Inc. (1.42%). Insiders that own company stock include Dennis M Craven, Edwin B Brewer Jr, Ethel Isaacs Williams, Jeffrey H Fisher and Robert D Perlmutter.
View institutional ownership trends.

Shares of CLDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CLDT stock can currently be purchased for approximately $9.31.

Chatham Lodging Trust (NYSE:CLDT) has a market capitalization of $454.89 million and generates $294.85 million in revenue each year. The real estate investment trust earns $9.81 million in net income (profit) each year or $0.14 on an earnings per share basis.

Chatham Lodging Trust's mailing address is 222 LAKEVIEW AVENUE SUITE 200, WEST PALM BEACH FL, 33401. The official website for the company is www.chathamlodgingtrust.com. The real estate investment trust can be reached via phone at (561) 802-4477 or via fax at 561-835-4125.