Chatham Lodging Trust (NYSE:CLDT) Issues Quarterly Earnings Results, Beats Estimates By $0.34 EPS

Chatham Lodging Trust (NYSE:CLDT) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.34, 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 Q1 2025 guidance to 0.120-0.150 EPS and its FY 2025 guidance to 1.010-1.110 EPS.

Chatham Lodging Trust Stock Up 0.5 %

CLDT stock traded up $0.04 during trading on Wednesday, hitting $8.13. 333,283 shares of the company’s stock traded hands, compared to its average volume of 247,284. The firm has a market capitalization of $397.65 million, a P/E ratio of -35.35 and a beta of 1.80. The business has a fifty day simple moving average of $8.74 and a two-hundred day simple moving average of $8.68. Chatham Lodging Trust has a 1 year low of $7.60 and a 1 year high of $10.54. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.37.

Chatham Lodging Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend was Tuesday, December 31st. Chatham Lodging Trust’s dividend payout ratio is presently -121.74%.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners assumed coverage on Chatham Lodging Trust in a report on Wednesday, December 11th. They set a “buy” rating and a $12.00 target price on the 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.