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

Company Overview

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.

Key Stats

• Today's Range: $8.86 to $9.10
• 50-Day Range: $7.80 to $9.23
• 52-Week Range: $7.60 to $11.32
• Volume: 242,265 shs
• Average Volume: 647,174 shs
• Market Capitalization: $433.34 million
• P/E Ratio: N/A
• Dividend Yield: 3.16%
• Price Target: $12.00
• Consensus Rating: Buy

Chatham Lodging Trust Stock Analysis - MarketRank™

Chatham Lodging Trust scored higher than 81% of companies evaluated by MarketBeat, and ranked 270th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Chatham Lodging Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chatham Lodging Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.54%

Earnings Growth

Earnings for Chatham Lodging Trust are expected to grow by 6.54% in the coming year, from $1.07 to $1.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chatham Lodging Trust is -38.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chatham Lodging Trust is -38.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Chatham Lodging Trust has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.57% of the outstanding shares of Chatham Lodging Trust have been sold short.

Short Interest Ratio / Days to Cover

Chatham Lodging Trust has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chatham Lodging Trust has recently decreased by 27.35%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Chatham Lodging Trust pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chatham Lodging Trust does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Chatham Lodging Trust will have a dividend payout ratio of 24.56% next year. This indicates that Chatham Lodging Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.57% of the outstanding shares of Chatham Lodging Trust have been sold short.

Short Interest Ratio / Days to Cover

Chatham Lodging Trust has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chatham Lodging Trust has recently decreased by 27.35%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.98

News Sentiment

Chatham Lodging Trust has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Chatham Lodging Trust this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chatham Lodging Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.50% of the stock of Chatham Lodging Trust is held by insiders.

Percentage Held by Institutions

88.37% of the stock of Chatham Lodging Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CLDT Stock Analysis - Frequently Asked Questions

How have CLDT shares performed this year?

Chatham Lodging Trust's stock was trading at $10.72 at the beginning of 2024. Since then, CLDT shares have decreased by 17.4% and is now trading at $8.86.
View the best growth stocks for 2024 here.

How were Chatham Lodging Trust's earnings last quarter?

Chatham Lodging Trust (NYSE:CLDT) announced its quarterly earnings results on Friday, August, 2nd. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.26. The real estate investment trust had revenue of $86.48 million for the quarter, compared to analyst estimates of $85.48 million. Chatham Lodging Trust had a negative net margin of 0.99% and a negative trailing twelve-month return on equity of 0.39%.

Who are Chatham Lodging Trust's major shareholders?

Chatham Lodging Trust's top institutional investors include Donald Smith & CO. Inc. (7.04%), State Street Corp (3.34%), Geode Capital Management LLC (2.63%) and Charles Schwab Investment Management Inc. (1.22%). Insiders that own company stock include Jeffrey H Fisher, Dennis M Craven, Robert D Perlmutter, Edwin B Brewer Jr and Ethel Isaacs Williams.
View institutional ownership trends.

How do I buy shares of Chatham Lodging Trust?

Shares of CLDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Chatham Lodging Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chatham Lodging Trust investors own include Meta Platforms (META), JPMorgan Chase & Co. (JPM), Chevron (CVX), NVIDIA (NVDA), Exxon Mobil (XOM), AT&T (T) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/02/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:CLDT
• CUSIP: 16208T10
• CIK: 1476045
• Web: www.chathamlodgingtrust.com
• Phone: (561) 802-4477
• Fax: 561-835-4125
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.00
• High Stock Price Target: $12.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +35.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.28
• P/E Growth: N/A
• Net Income: $2.64 million
• Net Margins: -0.99%
• Pretax Margin: -1.10%
• Return on Equity: -0.39%
• Return on Assets: -0.24%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 0.96
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $311.11 million
• Price / Sales: 1.39
• Cash Flow: $1.27 per share
• Price / Cash Flow: 6.97
• Book Value: $16.32 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 48,910,000
• Free Float: 45,732,000
• Market Cap: $433.34 million
• Optionable: Optionable
• Beta: 1.79