Chatham Lodging Trust (NYSE:CLDT – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.040-1.140 for the period, compared to the consensus EPS estimate of 0.320. The company issued revenue guidance of $284.0 million-$290.0 million, compared to the consensus revenue estimate of $293.2 million.
Analysts Set New Price Targets
Several equities research analysts have commented on CLDT shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chatham Lodging Trust in a report on Monday, December 29th. Zacks Research upgraded shares of Chatham Lodging Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Chatham Lodging Trust currently has an average rating of “Hold” and an average target price of $9.50.
View Our Latest Analysis on Chatham Lodging Trust
Chatham Lodging Trust Price Performance
Chatham Lodging Trust Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.9%. Chatham Lodging Trust’s dividend payout ratio is presently 3,600.00%.
Hedge Funds Weigh In On Chatham Lodging Trust
Several institutional investors have recently modified their holdings of CLDT. Vanguard Group Inc. raised its stake 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 last quarter. Sculptor Capital LP bought a new stake in Chatham Lodging Trust during the 2nd quarter valued at about $14,901,000. Geode Capital Management LLC raised its holdings in Chatham Lodging Trust by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock worth $8,797,000 after buying an additional 32,861 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Chatham Lodging Trust by 23.4% in the fourth quarter. AQR Capital Management LLC now owns 1,075,565 shares of the real estate investment trust’s stock worth $7,325,000 after buying an additional 204,290 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Chatham Lodging Trust by 413.3% during the third quarter. Ameriprise Financial Inc. now owns 813,825 shares of the real estate investment trust’s stock valued at $5,464,000 after buying an additional 655,265 shares during the last quarter. 88.37% of the stock is currently owned by institutional investors.
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.
See Also
- Five stocks we like better than Chatham Lodging Trust
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- This makes me furious
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Chatham Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chatham Lodging Trust and related companies with MarketBeat.com's FREE daily email newsletter.
