Chatham Lodging Trust (NYSE:CLDT) Releases Earnings Results, Beats Estimates By $0.05 EPS

Chatham Lodging Trust (NYSE:CLDT) issued its quarterly earnings data on Thursday. The real estate investment trust reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.05, FiscalAI reports. The business had revenue of $67.50 million for the quarter, compared to analysts’ expectations 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 Stock Down 0.5%

Chatham Lodging Trust stock traded down $0.05 during mid-day trading on Friday, hitting $9.92. The company’s stock had a trading volume of 386,386 shares, compared to its average volume of 287,183. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.33 and a quick ratio of 1.33. Chatham Lodging Trust has a 52-week low of $6.08 and a 52-week high of $10.15. The firm’s 50 day moving average is $8.18 and its 200 day moving average is $7.36. The company has a market cap of $466.40 million, a PE ratio of 70.82 and a beta of 1.05.

Chatham Lodging Trust Increases Dividend

The firm also recently declared 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 of this dividend was Tuesday, March 31st. This is a positive change 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 payout ratio is presently 285.71%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Chatham Lodging Trust

Hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its stake in shares of Chatham Lodging Trust by 195.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 3,858 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Chatham Lodging Trust during the 3rd quarter worth about $52,000. Quarry LP increased its holdings in shares of Chatham Lodging Trust by 61.9% during the 3rd quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 3,300 shares during the last quarter. Strs Ohio bought a new position in shares of Chatham Lodging Trust in the 1st quarter valued at approximately $61,000. Finally, Acadian Asset Management LLC bought a new stake in Chatham Lodging Trust during the first quarter worth approximately $62,000. 88.37% of the stock is owned by institutional investors and hedge funds.

About Chatham Lodging Trust

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.