Chatham Lodging Trust (REIT) (NYSE:CLDT) Given Average Recommendation of “Hold” by Analysts

Shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) have earned a consensus recommendation of “Hold” from the five brokerages that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $13.00.

A number of research analysts have recently weighed in on the company. Stifel Nicolaus lifted their price objective on Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. BMO Capital Markets reissued a “market perform” rating and issued a $12.00 target price on shares of Chatham Lodging Trust in a report on Friday, June 12th. Zacks Research downgraded shares of Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday, August 4th.

Institutional Investors Weigh In On Chatham Lodging Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC increased its position in Chatham Lodging Trust by 9.1% during the 3rd quarter. Intech Investment Management LLC now owns 24,296 shares of the real estate investment trust’s stock valued at $163,000 after purchasing an additional 2,017 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Chatham Lodging Trust by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 615,322 shares of the real estate investment trust’s stock worth $4,190,000 after acquiring an additional 2,496 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Chatham Lodging Trust during the 2nd quarter worth $34,000. Franklin Resources Inc. lifted its stake in shares of Chatham Lodging Trust by 8.4% during the 2nd quarter. Franklin Resources Inc. now owns 34,078 shares of the real estate investment trust’s stock worth $238,000 after purchasing an additional 2,642 shares during the last quarter. Finally, Kennedy Capital Management LLC boosted its position in Chatham Lodging Trust by 0.4% during the fourth quarter. Kennedy Capital Management LLC now owns 804,513 shares of the real estate investment trust’s stock valued at $5,479,000 after purchasing an additional 2,894 shares in the last quarter. 88.37% of the stock is owned by institutional investors.

Chatham Lodging Trust Trading Down 0.1%

Shares of CLDT stock opened at $12.88 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market cap of $601.47 million, a price-to-earnings ratio of 161.08 and a beta of 1.08. Chatham Lodging Trust has a 1 year low of $6.08 and a 1 year high of $13.89. The firm has a fifty day moving average price of $13.14 and a 200-day moving average price of $10.94.

Chatham Lodging Trust (NYSE:CLDT) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $87.80 million for the quarter, compared to analysts’ expectations of $82.01 million. Chatham Lodging Trust had a return on equity of 1.56% and a net margin of 4.00%.Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. As a group, equities analysts predict that Chatham Lodging Trust will post 1.35 earnings per share for the current year.

Chatham Lodging Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, September 30th. Chatham Lodging Trust’s dividend payout ratio is presently 500.00%.

Chatham Lodging Trust Company Profile

Chatham Lodging Trust was a real estate investment trust that owned and operated upscale, premium-branded hotels in the United States. Its portfolio focused primarily on select-service and extended-stay properties serving business and leisure travelers, with brands affiliated with major hotel companies such as Marriott International, Hilton Worldwide and Hyatt Hotels.

The company’s hotel portfolio included properties operating under brands such as Courtyard by Marriott, Residence Inn by Marriott, Homewood Suites by Hilton and Hampton by Hilton.