Chatham Lodging Trust (NYSE:CLDT) Posts Earnings Results, Hits Estimates

Chatham Lodging Trust (NYSE:CLDT) announced its earnings results on Wednesday. The real estate investment trust reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32, Zacks reports. The firm had revenue of $78.41 million for the quarter, compared to analysts’ expectations of $79.68 million. Chatham Lodging Trust had a return on equity of 1.19% and a net margin of 3.04%. Chatham Lodging Trust updated its FY 2025 guidance to 0.960-0.990 EPS and its Q4 2025 guidance to 0.140-0.17 EPS.

Chatham Lodging Trust Stock Up 2.9%

NYSE CLDT traded up $0.19 during trading on Friday, hitting $6.62. 315,938 shares of the company traded hands, compared to its average volume of 306,924. Chatham Lodging Trust has a 12 month low of $5.83 and a 12 month high of $10.00. The business has a fifty day simple moving average of $6.77 and a 200 day simple moving average of $7.00. The company has a market capitalization of $324.00 million, a P/E ratio of 220.50 and a beta of 1.44. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27.

Chatham Lodging Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.09 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.4%. Chatham Lodging Trust’s dividend payout ratio (DPR) is currently 1,200.00%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in shares of Chatham Lodging Trust by 195.0% in the second quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 3,858 shares during the last quarter. Strs Ohio bought a new stake in Chatham Lodging Trust in the 1st quarter valued at $61,000. Acadian Asset Management LLC acquired a new stake in Chatham Lodging Trust in the 1st quarter worth $62,000. Creative Planning bought a new position in shares of Chatham Lodging Trust during the 2nd quarter worth about $164,000. Finally, Franklin Resources Inc. increased its holdings in shares of Chatham Lodging Trust by 8.4% during the 2nd quarter. Franklin Resources Inc. now owns 34,078 shares of the real estate investment trust’s stock worth $238,000 after purchasing an additional 2,642 shares during the period. Institutional investors own 88.37% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $10.75.

About Chatham Lodging Trust

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.