Chatham Lodging Trust (NYSE:CLDT - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect Chatham Lodging Trust to post earnings of ($0.14) per share and revenue of $74.65 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Chatham Lodging Trust Price Performance
Shares of NYSE:CLDT traded down $0.19 during midday trading on Friday, reaching $8.11. 391,389 shares of the company's stock traded hands, compared to its average volume of 218,909. Chatham Lodging Trust has a 1 year low of $7.60 and a 1 year high of $10.68. The company has a market cap of $396.46 million, a P/E ratio of -35.24 and a beta of 1.80. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.96 and a current ratio of 0.96. The company has a fifty day simple moving average of $8.80 and a two-hundred day simple moving average of $8.67.
Chatham Lodging Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.45%. Chatham Lodging Trust's dividend payout ratio (DPR) is -121.73%.
Analyst Upgrades and Downgrades
Separately, Alliance Global Partners started coverage on Chatham Lodging Trust in a report on Wednesday, December 11th. They issued a "buy" rating and a $12.00 price objective on the stock.
Read Our Latest Research Report on CLDT
Chatham Lodging Trust Company Profile
(
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Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.
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