Chatham Lodging Trust (CLDT) Scheduled to Post Earnings on Thursday

Chatham Lodging Trust (NYSE:CLDT) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Chatham Lodging Trust to post earnings of $0.35 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Chatham Lodging Trust Price Performance

Shares of NYSE CLDT opened at $7.90 on Wednesday. Chatham Lodging Trust has a twelve month low of $7.60 and a twelve month high of $11.32. The firm has a market cap of $386.14 million, a P/E ratio of -46.44 and a beta of 1.79. The company has a 50 day moving average of $8.39 and a 200 day moving average of $8.54. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.39.

Chatham Lodging Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.28 dividend on an annualized basis and a yield of 3.55%. Chatham Lodging Trust’s dividend payout ratio is presently -164.71%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Chatham Lodging Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, August 14th.

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.