Chatham Lodging Trust (NYSE:CLDT) Announces Earnings Results, Hits Expectations

Chatham Lodging Trust (NYSE:CLDT) issued its quarterly 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 during the quarter, compared to analyst estimates of $79.68 million. Chatham Lodging Trust had a net margin of 3.04% and a return on equity of 1.19%. 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 mid-day trading on Friday, hitting $6.62. The company had a trading volume of 315,938 shares, compared to its average volume of 306,924. Chatham Lodging Trust has a 1 year low of $5.83 and a 1 year 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 current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $324.00 million, a price-to-earnings ratio of 220.50 and a beta of 1.44.

Chatham Lodging Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.36 annualized dividend and a yield of 5.4%. Chatham Lodging Trust’s dividend payout ratio (DPR) is 1,200.00%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Chatham Lodging Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bridgeway Capital Management LLC purchased a new position in Chatham Lodging Trust in the 2nd quarter valued at about $906,000. AQR Capital Management LLC grew its stake in Chatham Lodging Trust by 394.2% during the 2nd quarter. AQR Capital Management LLC now owns 486,346 shares of the real estate investment trust’s stock valued at $3,390,000 after purchasing an additional 387,937 shares in the last quarter. Quantinno Capital Management LP increased its holdings in Chatham Lodging Trust by 142.6% during the 2nd quarter. Quantinno Capital Management LP now owns 48,513 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 28,516 shares during the last quarter. Rhumbline Advisers increased its holdings in Chatham Lodging Trust by 6.5% during the 2nd quarter. Rhumbline Advisers now owns 91,848 shares of the real estate investment trust’s stock worth $640,000 after purchasing an additional 5,592 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Chatham Lodging Trust by 6.6% in the 1st quarter. Jane Street Group LLC now owns 289,534 shares of the real estate investment trust’s stock valued at $2,064,000 after purchasing an additional 18,030 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.