Chatham Lodging Trust (NYSE:CLDT) Issues Quarterly Earnings Results

Chatham Lodging Trust (NYSE:CLDT) posted its quarterly earnings data on Thursday. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05, FiscalAI reports. The business had revenue of $67.50 million for the quarter, compared to the consensus estimate of $65.55 million. Chatham Lodging Trust had a net margin of 5.10% and a return on equity of 1.92%. Chatham Lodging Trust updated its FY 2026 guidance to 1.210-1.290 EPS.

Here are the key takeaways from Chatham Lodging Trust’s conference call:

• Raised guidance ~15% since February and increased the common dividend 11% in Q1 (dividend payout only ~32% of FFO), signaling stronger-than-expected cash flow and room for future dividend growth.
• Operational outperformance — Q1 comparable hotel EBITDA grew ~5%, hotel EBITDA margins expanded ~135–140 bps, GOP margin was 42.2%, and labor & benefits per occupied room fell >1%, with Silicon Valley RevPAR up 23% (ex-Mountain View) and outsized EBITDA leverage there.
• Strategic acquisition of six Hilton-branded hotels (589 rooms) for $92 million is immediately accretive, broadens exposure to manufacturing/distribution markets, and the portfolio posted RevPAR +6% in Q1 and +7% in April.
• Aggressive capital allocation — repurchased ~2.2 million shares (~4% of common) at an average $7.04 and expects to complete a $25 million repurchase plan this year; balance sheet leverage is modest (~32.5%) and the March acquisition was financed on the revolver at ~5.1%, enabling continued buybacks and opportunistic M&A.
• Company guide is conservative (full-year RevPAR +0%–2%, adjusted FFO per share $1.21–$1.29) and several markets remain weak — Courtyard Dallas RevPAR down 26% in Q1, coastal Northeast down 8%, Austin soft — plus geopolitical and event-related uncertainties (Middle East, World Cup) could pressure results.

Chatham Lodging Trust Trading Down 0.5%

Chatham Lodging Trust stock traded down $0.05 during midday trading on Friday, hitting $9.92. 386,386 shares of the stock were exchanged, compared to its average volume of 287,183. Chatham Lodging Trust has a fifty-two week low of $6.08 and a fifty-two week high of $10.15. The stock has a market capitalization of $466.40 million, a price-to-earnings ratio of 70.82 and a beta of 1.05. The stock’s 50-day simple moving average is $8.18 and its 200 day simple moving average is $7.36. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18.

Chatham Lodging Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, March 31st. This is an increase from Chatham Lodging Trust’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a yield of 4.0%. Chatham Lodging Trust’s dividend payout ratio (DPR) is 285.71%.

Analyst Ratings Changes

Several equities analysts have issued reports on CLDT shares. Stifel Nicolaus increased their price objective on shares of Chatham Lodging Trust from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Zacks Research downgraded shares of Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings raised shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Finally, Alliance Global Partners reissued a “buy” rating on shares of Chatham Lodging Trust in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.

Institutional Investors Weigh In On Chatham Lodging Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Chatham Lodging Trust by 0.4% during the third quarter. Vanguard Group Inc. now owns 5,105,021 shares of the real estate investment trust’s stock worth $34,255,000 after purchasing an additional 21,541 shares during the last quarter. Sculptor Capital LP acquired a new stake in Chatham Lodging Trust during the second quarter worth about $14,901,000. Geode Capital Management LLC increased its position in Chatham Lodging Trust by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock worth $8,797,000 after purchasing an additional 32,861 shares during the last quarter. AQR Capital Management LLC increased its position in shares of 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 valued at $7,325,000 after acquiring an additional 204,290 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Chatham Lodging Trust by 413.3% during the third quarter. Ameriprise Financial Inc. now owns 813,825 shares of the real estate investment trust’s stock valued at $5,464,000 after acquiring an additional 655,265 shares during the last quarter. 88.37% of the stock is currently owned by institutional investors and hedge funds.

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.