CSIMarket
 
Chatham Lodging Trust  (CLDT)
Other Ticker:  
 
 
Price: $10.5000 $-0.21 -1.961%
Day's High: $10.61 Week Perf: -1.32 %
Day's Low: $ 10.41 30 Day Perf: 0.86 %
Volume (M): 214 52 Wk High: $ 13.38
Volume (M$): $ 2,242 52 Wk Avg: $10.06
Open: $10.53 52 Wk Low: $8.92



 Market Capitalization (Millions $) 515
 Shares Outstanding (Millions) 49
 Employees 82
 Revenues (TTM) (Millions $) 309
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 45
 Capital Exp. (TTM) (Millions $) 21

Chatham Lodging Trust
Chatham Lodging Trust is a real estate investment trust (REIT) that owns and operates upscale, extended-stay and select-service hotels. Founded in 2009 and headquartered in West Palm Beach, Florida, the companyes primary objective is to acquire high-quality properties in key markets across the United States.

The companyes portfolio includes 41 hotels with over 6,500 rooms across 16 states, in addition to a 50% ownership interest in one joint venture hotel property. The hotels are operated under several well-known brands, including Marriott, Hyatt, and Hilton.

Chathames extended-stay hotels feature fully equipped kitchens and larger living spaces, designed for longer stays of five nights or more. The select-service hotels, on the other hand, offer limited amenities to keep costs down, while still providing some comfort to guests.

The companyes revenue is primarily generated through room rentals, with additional profits from on-site restaurants, bars, and meeting spaces. Chatham is known for its strategic approach to asset management and a disciplined acquisition process, which it believes will ensure consistent revenue growth and solid returns for investors.

Chatham's management team has extensive experience in the hospitality industry, with a focus on developing strong relationships with hotel brands and targeting markets with high demand and limited competition.

Despite facing challenges in the wake of the COVID-19 pandemic, Chatham is positioning itself for future success with a robust acquisition pipeline, cost-cutting initiatives, and a commitment to maintaining a strong balance sheet.

In summary, Chatham Lodging Trust is a well-established REIT with a diversified portfolio of high-quality, branded hotels across the United States. The companyes experienced management team, strategic approach to asset management, and commitment to sound financial practices make it a solid investment opportunity.


   Company Address: 222 Lakeview Avenue, Suite 200 West Palm Beach 33401 FL
   Company Phone Number: 802-4477   Stock Exchange / Ticker: NYSE CLDT
   CLDT is expected to report next financial results on February 22, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Chatham Lodging Trust

Real Estate Investment Trust Company Faces Slender Top-Line Reduction in Q3 2023

Chatham Lodging Trust, a leading company in the hospitality industry, recently disclosed some noteworthy figures regarding its financial performance in the July to September 30, 2023 fiscal period. The company reported a significant decrease in earnings per share, which declined by 47.62% to $0.11, compared to the same period last year. Additionally, their revenue experienced a decrease of 1.302% to $86.74 million in the aforementioned period.
These figures unveil a concerning trend for the company, as it signifies a deterioration in its financial performance. In the previous financial reporting period, Chatham Lodging Trust's earnings per share amounted to $0.15, showcasing a decline of approximately 26.67% from the current period. Conversely, the company's revenue in the prior period witnessed growth of 2.681% to $84.48 million.

Chatham Lodging Trust

Chatham Lodging Trust Records Encouraging 3.321% Revenue Surge in Recent Fiscal Period

Chatham Lodging Trust, a Real Estate Investment Trusts company, reported its second-quarter earnings for 2023. The company's earnings per share (EPS) remained unchanged from the previous year at $0.15 per share. However, compared to the preceding financial reporting period, EPS turned from a negative $-0.14 per share to a positive value.
In terms of revenue, Chatham Lodging Trust experienced a modest increase of 3.321% to $84.48 million from $81.76 million in the same period last year. Sequentially, the revenue improved by an impressive 24.939% from $67.61 million. The company's revenue growth, although positive, fell short of the second quarter of 2022 by 11.76%, which was reflected across the Real Estate Investment Trusts sector.

Chatham Lodging Trust

Chatham Lodging Trust Sees Impressive 23.192% Surge in Revenue Despite $-0.14 Per Share Shortfall

Chatham Lodging Trust's recent announcement in their Mar 31 2023 report has showcased their impressive surge in revenue by 23.192% to $67.61 million. While they lost money at $-0.14 per share, it is inspiring to see such a substantial increase in revenues from the comparable reporting season a year before. Sequentially, the advanced shortfall from $-0.08 per share, and the revenue decreased by -3.848% from $70.32 million.
It is important to note that within the January to March 31, 2023, timeframe, Chatham Lodging Trust reported a net shortfall of $-5.042 million. However, this is still a significant improvement from the deficit of $-9.699 million in the comparable reporting season a year ago. With their next financial report expected to be released on August 02, 2023, anticipation builds for Chatham Lodging Trust's growth potentialDespite the recent decline in net income, the company has improved its return on average invested assets (ROI) compared to the fourth quarter of 2022. In their first quarter of 2023, Chatham Lodging Trust achieved an ROI of 1.08%, falling below their average ROI of 4.64%. While 251 other companies in the financial sector had a higher ROI, Chatham Lodging Trust's ROI ranking has progressed to 1175 from the total ROI ranking in the fourth quarter of 2022 at 1586.
It is clear that Chatham Lodging Trust is a company that is continuously striving for growth and improvement. With their impressive surge in revenue, it is exciting to see their potential for success in the upcoming years. The progression in their ROI ranking also shows confidence in their ability to generate sustainable returns for their shareholders. Investors should keep a close eye on Chatham Lodging Trust's next financial report and growth potential in the market.






 

Chatham Lodging Trust's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com