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Chatham Lodging Trust (NYSE:CLDT) Releases Quarterly Earnings Results, Beats Estimates By $0.34 EPS

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Chatham Lodging Trust (NYSE:CLDT - Get Free Report) issued its quarterly earnings data on Wednesday. The real estate investment trust reported $0.20 EPS for the quarter, topping the consensus estimate of ($0.14) by $0.34, Zacks reports. Chatham Lodging Trust had a negative net margin of 0.99% and a negative return on equity of 0.39%. The firm had revenue of $75.11 million for the quarter, compared to analyst estimates of $74.65 million. Chatham Lodging Trust updated its Q1 2025 guidance to 0.120-0.150 EPS and its FY 2025 guidance to 1.010-1.110 EPS.

Chatham Lodging Trust Stock Up 0.2 %

CLDT traded up $0.02 during trading hours on Friday, hitting $8.08. 1,768,717 shares of the company's stock were exchanged, compared to its average volume of 304,247. Chatham Lodging Trust has a 12-month low of $7.60 and a 12-month high of $10.54. The firm has a 50 day moving average of $8.68 and a 200 day moving average of $8.68. The firm has a market cap of $394.96 million, a P/E ratio of -35.11 and a beta of 1.80. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.37.

Chatham Lodging Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 3.47%. The ex-dividend date was Tuesday, December 31st. Chatham Lodging Trust's payout ratio is currently -350.00%.

Analyst Ratings Changes

Separately, Alliance Global Partners assumed coverage on shares of Chatham Lodging Trust in a report on Wednesday, December 11th. They issued a "buy" rating and a $12.00 price objective on the stock.

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View Our Latest Analysis on Chatham Lodging Trust

About Chatham Lodging Trust

(Get Free Report)

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.

See Also

Earnings History for Chatham Lodging Trust (NYSE:CLDT)

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