Chatham Lodging Trust (NYSE:CLDT – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.280-1.340 for the period, compared to the consensus EPS estimate of 1.270. The company issued revenue guidance of $312.0 million-$316.0 million, compared to the consensus revenue estimate of $313.3 million.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on CLDT. BMO Capital Markets reiterated a “market perform” rating and set a $12.00 price target on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Stifel Nicolaus raised their price target on shares of Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Alliance Global Partners reiterated a “buy” rating on shares of Chatham Lodging Trust in a research note on Friday, May 8th. Finally, Weiss Ratings upgraded Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $13.00.
Get Our Latest Stock Report on Chatham Lodging Trust
Chatham Lodging Trust Stock Up 1.4%
Chatham Lodging Trust (NYSE:CLDT – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.37. Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, analysts predict that Chatham Lodging Trust will post 1.28 EPS for the current year.
Chatham Lodging Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.10 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.0%. Chatham Lodging Trust’s dividend payout ratio (DPR) is currently 2,000.00%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Chatham Lodging Trust by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,105,021 shares of the real estate investment trust’s stock worth $34,255,000 after acquiring an additional 21,541 shares in the last quarter. Sculptor Capital LP acquired a new stake in Chatham Lodging Trust during the second quarter worth approximately $14,901,000. Geode Capital Management LLC raised its holdings in Chatham Lodging Trust by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock worth $8,797,000 after purchasing an additional 32,861 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Chatham Lodging Trust by 23.4% during the 4th quarter. AQR Capital Management LLC now owns 1,075,565 shares of the real estate investment trust’s stock worth $7,325,000 after buying an additional 204,290 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Chatham Lodging Trust by 413.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 813,825 shares of the real estate investment trust’s stock valued at $5,464,000 after buying an additional 655,265 shares in the last quarter. Hedge funds and other institutional investors own 88.37% of the company’s stock.
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.
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