Chatham Lodging Trust (NYSE:CLDT – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.280-1.340 for the period, compared to the consensus estimate of 1.270. The company issued revenue guidance of $312.0 million-$316.0 million, compared to the consensus revenue estimate of $313.3 million.
Analyst Ratings Changes
A number of research firms recently issued reports on CLDT. Zacks Research raised shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Alliance Global Partners reaffirmed a “buy” rating on shares of Chatham Lodging Trust in a report on Friday, May 8th. Weiss Ratings upgraded shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. Stifel Nicolaus lifted their price target on shares of Chatham Lodging Trust from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $12.00 price objective on shares of Chatham Lodging Trust in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Chatham Lodging Trust has a consensus rating of “Moderate Buy” and an average target price of $13.00.
Get Our Latest Stock Analysis on CLDT
Chatham Lodging Trust Trading Up 2.2%
Chatham Lodging Trust (NYSE:CLDT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.37. Chatham Lodging Trust had a return on equity of 1.18% and a net margin of 3.14%.Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. Research analysts forecast that Chatham Lodging Trust will post 1.28 earnings per share for the current fiscal year.
Chatham Lodging Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.10 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.0%. Chatham Lodging Trust’s dividend payout ratio is presently 2,000.00%.
Hedge Funds Weigh In On Chatham Lodging Trust
A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in Chatham Lodging Trust by 26.7% during the 1st quarter. Royal Bank of Canada now owns 193,422 shares of the real estate investment trust’s stock worth $1,379,000 after purchasing an additional 40,746 shares during the period. AQR Capital Management LLC increased its stake in shares of Chatham Lodging Trust by 35.8% during the first quarter. AQR Capital Management LLC now owns 98,409 shares of the real estate investment trust’s stock valued at $702,000 after buying an additional 25,926 shares during the period. Jane Street Group LLC raised its holdings in shares of Chatham Lodging Trust by 6.6% in the first quarter. Jane Street Group LLC now owns 289,534 shares of the real estate investment trust’s stock valued at $2,064,000 after acquiring an additional 18,030 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Chatham Lodging Trust in the first quarter worth about $62,000. Finally, Strs Ohio bought a new position in Chatham Lodging Trust during the 1st quarter worth about $61,000. 88.37% of the stock is currently owned by institutional investors.
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.
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