CLDT

Chatham Lodging
CLDT

$8.96

1.24%

Market Cap: 438M

About: Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under brands which include, Hilton, Marriott, and Hyatt.

Employees: 17

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

214% more call options, than puts

Call options by funds: $91K | Put options by funds: $29K

0.03% more ownership

Funds ownership: 88.32% [Q4 2023] → 88.35% (+0.03%) [Q1 2024]

0% more funds holding

Funds holding: 162 [Q4 2023] → 162 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

2% less capital invested

Capital invested by funds: $445M [Q4 2023] → $437M (-$8.63M) [Q1 2024]

24% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 63

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Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$12

34%

upside

Avg. target

$12

34%

upside

High target

$12

34%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Barclays

Anthony Powell

34%upside

$12

Overweight

Maintained

17 Apr 2024

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Financial journalist opinion

Based on 3 articles about CLDT published over the past 30 days

I'm Banking On These 8% Yields For A Better Tomorrow

Reaching for higher yield doesn't always have to mean taking on too much risk. In this article, I highlight 2 picks with strong fundamentals and balance sheets. Chatham Lodging Trust Preferred Stock and Capital Southwest offer attractive yields above 8% and upside potential.

I'm Banking On These 8% Yields For A Better Tomorrow

Chatham Lodging Trust: I Continue To Buy The 8.1% Preferred Yield

Chatham Lodging Trust's financial performance for preferred shareholders remains robust, with a strong preferred dividend coverage ratio. The REIT's balance sheet shows low net debt compared to real estate assets, providing a substantial cushion for preferred equity. Series A preferred shares offer an attractive current yield of approximately 8.1%, making them an appealing income-focused investment in the current interest rate climate.

Chatham Lodging Trust: I Continue To Buy The 8.1% Preferred Yield

Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024.

Chatham Lodging Trust Announces Second Quarter 2024 Earnings Call to be Held on Friday, August 2, 2024

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend.

Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend

Chatham Lodging Trust: A Low Double-Digit Return Opportunity

Chatham Lodging Trust is a lodging REIT focused on extended-stay accommodations and select-service hotels. The company's April/May Q2 2024 business update shows it will likely easily beat its initial guidance. Net debt accounts for 45% of enterprise value, with preferred shares contributing 12% to the capital structure.

Chatham Lodging Trust: A Low Double-Digit Return Opportunity

Chatham Lodging Trust Provides Business Update

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Provides Business Update.

Chatham Lodging Trust Provides Business Update

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.

Eyes On The ECB

Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown.

Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown

Chatham Lodging Trust (CLDT) Q1 2024 Earnings Call Transcript

Chatham Lodging Trust (NYSE:CLDT ) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Dennis Craven - EVP & COO Jeremy Wegner - CFO & SVP Conference Call Participants Ari Klein - BMO Capital Markets Bryan Maher - B Riley Securities Operator Greetings. Welcome to Chatham Lodging Trust First Quarter 2024 Financial Results.

Chatham Lodging Trust (CLDT) Q1 2024 Earnings Call Transcript

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