Chatham Lodging Trust (NYSE:CLDT – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.010-1.110 for the period, compared to the consensus estimate of 1.120. The company issued revenue guidance of $298.0 million-$305.0 million, compared to the consensus revenue estimate of $328.9 million. Chatham Lodging Trust also updated its Q1 2025 guidance to 0.120-0.150 EPS.
Analysts Set New Price Targets
Separately, Alliance Global Partners began coverage on shares of Chatham Lodging Trust in a report on Wednesday, December 11th. They issued a “buy” rating and a $12.00 target price for the company.
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Chatham Lodging Trust Trading Up 1.9 %
Chatham Lodging Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.07 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.28 dividend on an annualized basis and a yield of 3.40%. Chatham Lodging Trust’s dividend payout ratio (DPR) is -121.74%.
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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