Chatham Lodging Trust (NYSE:CLDT) Issues Earnings Results, Hits Expectations

Chatham Lodging Trust (NYSE:CLDT) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14, Zacks reports. Chatham Lodging Trust had a negative return on equity of 0.39% and a negative net margin of 0.99%. Chatham Lodging Trust updated its FY 2025 guidance to 0.950-1.030 EPS and its Q2 2025 guidance to 0.320-0.360 EPS.

Chatham Lodging Trust Price Performance

Shares of NYSE CLDT traded up $0.19 during trading hours on Tuesday, hitting $7.20. 179,791 shares of the stock were exchanged, compared to its average volume of 417,023. Chatham Lodging Trust has a 1-year low of $5.83 and a 1-year high of $10.00. The company has a market cap of $352.67 million, a PE ratio of -31.30 and a beta of 1.42. 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’s fifty day simple moving average is $7.21 and its two-hundred day simple moving average is $8.26.

Chatham Lodging Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Monday, March 31st. Chatham Lodging Trust’s dividend payout ratio (DPR) is presently -450.00%.

Analyst Ratings Changes

A number of research analysts recently commented on CLDT shares. StockNews.com lowered shares of Chatham Lodging Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Stifel Nicolaus reduced their price target on Chatham Lodging Trust from $11.00 to $9.50 and set a “buy” rating on the stock in a research report on Wednesday, April 16th.

Chatham Lodging Trust Company Profile

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.