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Chatham Lodging Trust (NYSE: CLDT) |
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Price: $9.6650
$0.07 
0.677%
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| Day's High:
| $9.76
| Week Perf:
| 4.49 %
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| Day's Low: |
$ 9.60 |
30 Day Perf: |
22.96 % |
| Volume (M): |
85 |
52 Wk High: |
$ 11.32 |
| Volume (M$): |
$ 826 |
52 Wk Avg: |
$9.24 |
| Open: |
$9.62 |
52 Wk Low: |
$7.60 |
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| Market Capitalization (Millions $) |
474 |
| Shares
Outstanding (Millions) |
49 |
| Employees |
82 |
| Revenues (TTM) (Millions $) |
314 |
| Net Income (TTM) (Millions $) |
-3 |
| Cash Flow (TTM) (Millions $) |
-61 |
| Capital Exp. (TTM) (Millions $) |
32 |
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
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| Stock Performances by Major Competitors |
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| Chatham Lodging Trust
Chatham Lodging Trust has experienced a rough patch in the past few months, with shares dropping by -9.3% in the trailing 30 days and reaching a -8.3% decline in the second quarter of 2024. The company's stock is currently trading just 2.8% above its 52-week low, indicating a significant downtrend in investor confidence.
Looking at the financial results for the fiscal first quarter of 2024, it is evident that Chatham Lodging Trust has not been able to perform as well as its competitors in the Real Estate Investment Trusts industry. While the company's revenue grew by a minimal 1.226% to $68.44 million, the sequential decrease of -5.306% from the previous reporting season is concerning.
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| Chatham Lodging Trust
Chatham Lodging Trust is a real estate investment trust (REIT) that specializes in owning and operating upscale, extended-stay hotels. According to the most recent fiscal period report, the company experienced a loss per share of $-0.22, compared to $-0.08 per share in the previous year. Additionally, the EPS fell from $0.11 per share in the prior financial reporting period.
While the loss per share is concerning, the revenue for the period showed slight growth of 2.784%, reaching $72.28 million from $70.32 million in the same reporting period a year before. However, sequentially, the revenue fell significantly by -16.674% from $86.74 million. This decline in revenue may raise concerns among investors and analysts, indicating potential challenges in the company's operations.
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| Chatham Lodging Trust
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.
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| Chatham Lodging Trust
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.
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| Chatham Lodging Trust
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.
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| Per Share |
Current |
| Earnings (TTM) |
-0.22 $ |
| Revenues (TTM) |
6.41 $
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| Cash Flow (TTM) |
- |
| Cash |
0.39 $
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| Book Value |
16.27 $
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| Dividend (TTM) |
0.28 $ |
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| Per Share |
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| Earnings (TTM) |
-0.22 $
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| Revenues (TTM) |
6.41 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.39 $
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| Book Value |
16.27 $ |
| Dividend (TTM) |
0.28 $ |
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5.2%