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NYSE:CLDTChatham Lodging Trust Stock Price, Forecast & News

$6.75
-0.61 (-8.29 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$6.70
Now: $6.75
$7.22
50-Day Range
$5.08
MA: $6.57
$8.19
52-Week Range
$3.44
Now: $6.75
$19.81
Volume587,352 shs
Average Volume710,001 shs
Market Capitalization$316.98 million
P/E RatioN/A
Dividend YieldN/A
Beta1.91
Chatham Lodging Trust is a self-advised, publicly-traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns interests in 137 hotels totaling 18,783 rooms/suites, comprised of 42 properties it wholly owns with an aggregate of 6,283 rooms/suites in 15 states and the District of Columbia and a minority investment in two joint ventures that own 95 hotels with an aggregate of 12,500 rooms/suites.
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Chatham Lodging Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.81 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP16208T10
Phone561-802-4477

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$328.33 million
Cash Flow$1.39 per share
Book Value$15.72 per share

Profitability

Net Income$18.70 million

Miscellaneous

Employees40
Market Cap$316.98 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Chatham Lodging Trust (NYSE:CLDT) Frequently Asked Questions

How has Chatham Lodging Trust's stock been impacted by COVID-19 (Coronavirus)?

Chatham Lodging Trust's stock was trading at $9.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLDT shares have decreased by 31.7% and is now trading at $6.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Chatham Lodging Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chatham Lodging Trust in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Chatham Lodging Trust.

When is Chatham Lodging Trust's next earnings date?

Chatham Lodging Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Chatham Lodging Trust.

How were Chatham Lodging Trust's earnings last quarter?

Chatham Lodging Trust (NYSE:CLDT) issued its quarterly earnings results on Monday, May, 11th. The real estate investment trust reported ($0.59) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.22) by $0.37. The real estate investment trust had revenue of $60.21 million for the quarter, compared to the consensus estimate of $65.34 million. Chatham Lodging Trust had a negative net margin of 3.42% and a negative return on equity of 1.38%. View Chatham Lodging Trust's earnings history.

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

Chatham Lodging Trust announced a monthly dividend on Monday, February 10th. Stockholders of record on Friday, February 28th will be given a dividend of $0.11 per share on Friday, March 27th. This represents a $1.32 dividend on an annualized basis and a yield of 19.56%. The ex-dividend date of this dividend is Thursday, February 27th. View Chatham Lodging Trust's dividend history.

What price target have analysts set for CLDT?

4 equities research analysts have issued twelve-month price targets for Chatham Lodging Trust's shares. Their forecasts range from $8.00 to $17.00. On average, they expect Chatham Lodging Trust's stock price to reach $10.75 in the next year. This suggests a possible upside of 59.3% from the stock's current price. View analysts' price targets for Chatham Lodging Trust.

Has Chatham Lodging Trust been receiving favorable news coverage?

News headlines about CLDT stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chatham Lodging Trust earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutChatham Lodging Trust.

Are investors shorting Chatham Lodging Trust?

Chatham Lodging Trust saw a increase in short interest in April. As of April 30th, there was short interest totaling 937,600 shares, an increase of 7.4% from the April 15th total of 873,200 shares. Based on an average trading volume of 487,400 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.1% of the company's shares are sold short. View Chatham Lodging Trust's Current Options Chain.

Who are some of Chatham Lodging Trust's key competitors?

What other stocks do shareholders of Chatham Lodging Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chatham Lodging Trust investors own include AT&T (T), Realty Income (O), Omega Healthcare Investors (OHI), CVS Health (CVS), New Residential Investment (NRZ), Stag Industrial (STAG), Apple Hospitality REIT (APLE), Enterprise Products Partners (EPD), EPR Properties (EPR) and Altria Group (MO).

Who are Chatham Lodging Trust's key executives?

Chatham Lodging Trust's management team includes the following people:
  • Mr. Jeffrey H. Fisher, Chairman, Pres & CEO (Age 64)
  • Mr. Jeremy Bruce Wegner, Sr. VP & CFO (Age 43)
  • Mr. Dennis M. Craven CPA, Exec. VP & COO (Age 47)
  • Mr. Peter Willis, Exec. VP & Chief Investment Officer (Age 52)
  • Mr. Eric Kentoff, Sr. VP, Gen. Counsel & Sec.

What is Chatham Lodging Trust's stock symbol?

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

Who are Chatham Lodging Trust's major shareholders?

Chatham Lodging Trust's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.66%), Fuller & Thaler Asset Management Inc. (6.97%), State Street Corp (6.53%), Invesco Ltd. (4.16%), Citigroup Inc. (2.37%) and Geode Capital Management LLC (1.87%). Company insiders that own Chatham Lodging Trust stock include C Gerald Goldsmith and Robert D Perlmutter. View institutional ownership trends for Chatham Lodging Trust.

Which major investors are selling Chatham Lodging Trust stock?

CLDT stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Bank of New York Mellon Corp, Morgan Stanley, Fuller & Thaler Asset Management Inc., BlackRock Inc., Thrivent Financial for Lutherans, UBS Group AG, and Mutual of America Capital Management LLC. View insider buying and selling activity for Chatham Lodging Trust.

Which major investors are buying Chatham Lodging Trust stock?

CLDT stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., State Street Corp, Wells Fargo & Company MN, Geode Capital Management LLC, Invesco Ltd., WINTON GROUP Ltd, Advisor Group Holdings Inc., and Federated Hermes Inc.. View insider buying and selling activity for Chatham Lodging Trust.

How do I buy shares of Chatham Lodging Trust?

Shares of CLDT 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, Robinhood, Fidelity, and Charles Schwab.

What is Chatham Lodging Trust's stock price today?

One share of CLDT stock can currently be purchased for approximately $6.75.

How big of a company is Chatham Lodging Trust?

Chatham Lodging Trust has a market capitalization of $316.98 million and generates $328.33 million in revenue each year. The real estate investment trust earns $18.70 million in net income (profit) each year or $1.85 on an earnings per share basis. Chatham Lodging Trust employs 40 workers across the globe.

What is Chatham Lodging Trust's official website?

The official website for Chatham Lodging Trust is www.chathamlodgingtrust.com.

How can I contact Chatham Lodging Trust?

Chatham Lodging Trust's mailing address is 222 LAKEVIEW AVENUE SUITE 200, WEST PALM BEACH FL, 33401. The real estate investment trust can be reached via phone at 561-802-4477.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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