Chatham Lodging Trust (NYSE:CLDT) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Chatham Lodging Trust (NYSE:CLDT) issued its quarterly earnings data on Thursday. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05, FiscalAI reports. The company had revenue of $67.50 million for the quarter, compared to the consensus estimate of $65.55 million. Chatham Lodging Trust had a return on equity of 1.92% and a net margin of 5.10%. Chatham Lodging Trust updated its FY 2026 guidance to 1.210-1.290 EPS.

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

• Raised guidance ~15% since February and increased the common dividend 11% in Q1 (dividend payout only ~32% of FFO), signaling stronger-than-expected cash flow and room for future dividend growth.
• Operational outperformance — Q1 comparable hotel EBITDA grew ~5%, hotel EBITDA margins expanded ~135–140 bps, GOP margin was 42.2%, and labor & benefits per occupied room fell >1%, with Silicon Valley RevPAR up 23% (ex-Mountain View) and outsized EBITDA leverage there.
• Strategic acquisition of six Hilton-branded hotels (589 rooms) for $92 million is immediately accretive, broadens exposure to manufacturing/distribution markets, and the portfolio posted RevPAR +6% in Q1 and +7% in April.
• Aggressive capital allocation — repurchased ~2.2 million shares (~4% of common) at an average $7.04 and expects to complete a $25 million repurchase plan this year; balance sheet leverage is modest (~32.5%) and the March acquisition was financed on the revolver at ~5.1%, enabling continued buybacks and opportunistic M&A.
• Company guide is conservative (full-year RevPAR +0%–2%, adjusted FFO per share $1.21–$1.29) and several markets remain weak — Courtyard Dallas RevPAR down 26% in Q1, coastal Northeast down 8%, Austin soft — plus geopolitical and event-related uncertainties (Middle East, World Cup) could pressure results.

Chatham Lodging Trust Price Performance

Shares of CLDT stock traded down $0.05 during trading hours on Friday, hitting $9.92. 386,386 shares of the company’s stock were exchanged, compared to its average volume of 287,183. The company has a market capitalization of $466.40 million, a PE ratio of 70.82 and a beta of 1.05. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. Chatham Lodging Trust has a 12-month low of $6.08 and a 12-month high of $10.15. The business’s 50 day simple moving average is $8.18 and its 200-day simple moving average is $7.36.

Chatham Lodging Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 4.0%. This is a boost from Chatham Lodging Trust’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, March 31st. Chatham Lodging Trust’s payout ratio is 285.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Alliance Global Partners restated a “buy” rating on shares of Chatham Lodging Trust in a research note on Friday. Zacks Research lowered Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a report on Monday. Stifel Nicolaus upped their price objective on shares of Chatham Lodging Trust from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings raised shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $11.00.

Hedge Funds Weigh In On Chatham Lodging Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its position 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 purchasing an additional 3,858 shares during the period. Advisory Services Network LLC purchased a new stake in Chatham Lodging Trust during the third quarter valued at about $52,000. Quarry LP grew its stake in shares of Chatham Lodging Trust by 61.9% during the third quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 3,300 shares during the last quarter. Strs Ohio bought a new position in shares of Chatham Lodging Trust during the first quarter valued at about $61,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Chatham Lodging Trust in the first quarter worth about $62,000. Institutional investors own 88.37% of the company’s stock.

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.