Chatham Lodging Trust (NYSE:CLDT) Posts Earnings Results, Beats Expectations By $0.02 EPS

Chatham Lodging Trust (NYSE:CLDT) announced its earnings results on Tuesday. The real estate investment trust reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02, FiscalAI reports. Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. The firm had revenue of $87.80 million during the quarter, compared to the consensus estimate of $82.01 million. Chatham Lodging Trust updated its FY 2026 guidance to 1.280-1.340 EPS.

Here are the key takeaways from Chatham Lodging Trust’s conference call:

• Chatham raised its 2026 guidance by approximately 20% from the start of the year, citing a strong second quarter, the Midwest acquisition and share repurchases. Full-year adjusted FFO guidance is now $1.28–$1.34 per share, with adjusted EBITDA guidance of $99.2 million–$102.3 million.
• Second-quarter RevPAR increased 3.3%, while hotel EBITDA reached $35.7 million and adjusted FFO was $0.48 per share. Expense controls drove a 220-basis-point increase in hotel EBITDA margins, supported by labor productivity, lower repairs and maintenance costs, property-tax refunds and reduced insurance costs.
• The six-hotel Midwest portfolio is outperforming expectations, with second-quarter RevPAR up 8.6%, 83% occupancy and $3.2 million of hotel EBITDA; July RevPAR rose 13%. Management also highlighted additional potential demand from major manufacturing, uranium-enrichment and data-center investments near the properties.
• Silicon Valley remained a major growth driver, with second-quarter RevPAR up 7% and July RevPAR up 26%, including a 41% increase at the two Sunnyvale hotels. Management cited double-digit demand growth from major technology accounts and expects further upside as corporate and technology activity expands.
• Management is assuming only low-single-digit RevPAR growth from September through December because of geopolitical uncertainty and limited visibility, despite strong July results. Convention-oriented hotels also faced weakness, with portfolio convention RevPAR down 5% and San Diego RevPAR down 9%; the company is marketing a smaller hotel for sale, with proceeds expected to be below $20 million.

Chatham Lodging Trust Trading Up 2.4%

Shares of CLDT opened at $13.46 on Wednesday. Chatham Lodging Trust has a 12 month low of $6.08 and a 12 month high of $13.88. The stock’s 50-day moving average is $12.76 and its two-hundred day moving average is $9.80. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market cap of $628.33 million, a PE ratio of 673.00 and a beta of 1.08.

Chatham Lodging Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

CLDT has been the topic of a number of analyst reports. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Stifel Nicolaus lifted 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. Weiss Ratings upgraded shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 1st. BMO Capital Markets reaffirmed a “market perform” rating and set a $12.00 price target on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Finally, Alliance Global Partners restated a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Chatham Lodging Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

Institutional Investors Weigh In On Chatham Lodging Trust

Several hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its holdings in Chatham Lodging Trust by 195.0% in 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 acquiring an additional 3,858 shares during the period. Advisory Services Network LLC acquired a new position in shares of Chatham Lodging Trust during the third quarter worth $52,000. Strs Ohio purchased a new position in shares of Chatham Lodging Trust in the first quarter valued at $61,000. Quarry LP boosted its stake in shares of Chatham Lodging Trust by 61.9% in the third quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 3,300 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in Chatham Lodging Trust during the 1st quarter valued at $62,000. 88.37% of the stock is currently owned by hedge funds and other institutional investors.

Key Chatham Lodging Trust News

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

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.