Chatham Lodging Trust (NYSE:CLDT) Reaches New 12-Month High After Strong Earnings

Chatham Lodging Trust (REIT) (NYSE:CLDT) shares reached a new 52-week high during trading on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $14.05 and last traded at $13.5410, with a volume of 647 shares changing hands. The stock had previously closed at $13.48.

The real estate investment trust reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $87.80 million during the quarter, compared to analyst estimates of $82.01 million. Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS.

Chatham Lodging Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.40 annualized dividend and a yield of 3.0%. Chatham Lodging Trust’s dividend payout ratio is currently 2,000.00%.

Chatham Lodging Trust News Roundup

Here are the key news stories impacting Chatham Lodging Trust this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations: Chatham reported $0.13 in earnings per share, above the $0.11 consensus estimate, while revenue reached $87.8 million versus expectations of $82.0 million. Chatham Lodging Announces Second Quarter 2026 Results
• Positive Sentiment: Funds from operations improved materially: Q2 FFO was $0.48 per share, ahead of the $0.45 analyst estimate and up from $0.36 a year earlier. Adjusted EBITDA totaled $32.7 million, while AFFO per diluted share surged 22% to $0.48. Chatham Lodging Q2 FFO and Revenues Top Estimates
• Positive Sentiment: Hotel demand and profitability strengthened: Comparable second-quarter RevPAR rose more than 3% to a record $158, with a 47% GOP margin and a 41% hotel EBITDA margin. July RevPAR climbed 10% to $169 across 39 hotels, suggesting continued momentum into the third quarter. Chatham Lodging Q2 Net Income Rises as RevPAR Hits Record
• Positive Sentiment: Guidance and capital returns support sentiment: Management issued 2026 revenue guidance of $312 million to $316 million, broadly in line with consensus, and EPS guidance of $1.28 to $1.34, above the $1.27 consensus. The company also repurchased approximately 300,000 shares and declared a $0.10 quarterly common dividend. Chatham Lodging Announces Second Quarter 2026 Results
• Neutral Sentiment: Despite improved results, reported profitability remains modest, with a 3.14% net margin and 1.18% return on equity. Investors will also weigh the company’s continued lodging-sector sensitivity and its ability to sustain July’s stronger RevPAR growth. Chatham Lodging Trust Q2 2026 Earnings Call Transcript

Analyst Upgrades and Downgrades

Several brokerages recently commented on CLDT. Weiss Ratings raised shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 1st. Alliance Global Partners reaffirmed a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Stifel Nicolaus boosted their price target on Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $12.00 price target 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 given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Institutional Investors Weigh In On Chatham Lodging Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CLDT. Vanguard Group Inc. lifted 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 valued at $34,255,000 after buying an additional 21,541 shares during the period. Donald Smith & CO. Inc. grew its position in shares of Chatham Lodging Trust by 1.9% in the 4th quarter. Donald Smith & CO. Inc. now owns 4,684,548 shares of the real estate investment trust’s stock worth $31,902,000 after buying an additional 88,879 shares during the period. Sculptor Capital LP increased its stake in shares of Chatham Lodging Trust by 10.6% in the 4th quarter. Sculptor Capital LP now owns 2,365,395 shares of the real estate investment trust’s stock worth $16,108,000 after acquiring an additional 227,500 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Chatham Lodging Trust by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock worth $8,797,000 after acquiring an additional 32,861 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Chatham Lodging Trust by 23.4% during the 4th 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 period. 88.37% of the stock is owned by hedge funds and other institutional investors.

Chatham Lodging Trust Stock Performance

The company has a market capitalization of $632.11 million, a PE ratio of 677.05 and a beta of 1.08. The business’s 50-day moving average is $12.76 and its 200-day moving average is $9.80. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.73 and a current ratio of 0.73.

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.