Chatham Lodging Trust (NYSE:CLDT – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.210-1.290 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of $308.0 million-$314.0 million, compared to the consensus revenue estimate of $310.4 million.
Chatham Lodging Trust Trading Down 0.5%
NYSE CLDT traded down $0.05 on Friday, hitting $9.92. 386,386 shares of the company were exchanged, compared to its average volume of 330,519. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.73 and a quick ratio of 1.33. Chatham Lodging Trust has a twelve month low of $6.08 and a twelve month high of $10.15. The firm has a market capitalization of $466.40 million, a P/E ratio of 495.75 and a beta of 1.05. The company’s 50 day moving average price is $8.18 and its 200-day moving average price is $7.36.
Chatham Lodging Trust (NYSE:CLDT – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.11). Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. The firm had revenue of $67.74 million for the quarter, compared to analyst estimates of $67.22 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.040-1.140 EPS. Analysts predict that Chatham Lodging Trust will post 1.22 earnings per share for the current fiscal year.
Chatham Lodging Trust Increases Dividend
Wall Street Analyst Weigh In
Several research analysts recently weighed in on CLDT shares. Stifel Nicolaus upped their price target on Chatham Lodging Trust from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Zacks Research lowered shares of Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Alliance Global Partners reaffirmed a “buy” rating on shares of Chatham Lodging Trust in a research note on Friday. Finally, Weiss Ratings raised Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Chatham Lodging Trust has an average rating of “Moderate Buy” and an average target price of $11.00.
Get Our Latest Stock Analysis on CLDT
Hedge Funds Weigh In On Chatham Lodging Trust
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV raised its holdings in Chatham Lodging Trust by 48.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,168 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 9,849 shares during the period. XTX Topco Ltd boosted its position in shares of Chatham Lodging Trust by 37.2% in the fourth quarter. XTX Topco Ltd now owns 24,446 shares of the real estate investment trust’s stock valued at $166,000 after acquiring an additional 6,625 shares during the period. Verdad Advisers LP acquired a new stake in shares of Chatham Lodging Trust in the fourth quarter worth $783,000. Tudor Investment Corp ET AL increased its position in Chatham Lodging Trust by 10.4% during the fourth quarter. Tudor Investment Corp ET AL now owns 241,719 shares of the real estate investment trust’s stock worth $1,646,000 after acquiring an additional 22,744 shares during the period. Finally, AQR Capital Management LLC increased its position in Chatham Lodging Trust by 23.4% during the fourth quarter. AQR Capital Management LLC now owns 1,075,565 shares of the real estate investment trust’s stock worth $7,325,000 after acquiring an additional 204,290 shares during the period. Institutional investors and hedge funds own 88.37% of the company’s stock.
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.
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