Chatham Lodging Trust (REIT) (NYSE:CLDT) Stock Has Consensus Target Price of $13.00 According to Brokerages

Shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) have earned an average rating of “Hold” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $13.00.

A number of equities analysts have commented on CLDT shares. Zacks Research lowered Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Weiss Ratings upgraded Chatham Lodging Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. 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. BMO Capital Markets reiterated a “market perform” rating and set a $12.00 price target on shares of Chatham Lodging Trust in a research report on Friday, June 12th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Chatham Lodging Trust in a report on Tuesday, August 4th.

Chatham Lodging Trust Price Performance

NYSE:CLDT opened at $13.71 on Friday. The firm has a market cap of $639.94 million, a PE ratio of 171.38 and a beta of 1.11. Chatham Lodging Trust has a 12 month low of $6.08 and a 12 month high of $14.05. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average price is $13.17 and its two-hundred day moving average price is $11.60.

Chatham Lodging Trust (NYSE:CLDT) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $87.80 million during the quarter, compared to analyst estimates of $82.01 million. Chatham Lodging Trust had a net margin of 4.00% and a return on equity of 1.56%. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, equities analysts anticipate that Chatham Lodging Trust will post 1.35 EPS for the current fiscal year.

Chatham Lodging Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, September 30th. Chatham Lodging Trust’s dividend payout ratio is presently 500.00%.

Institutional Trading of Chatham Lodging Trust

Hedge funds have recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its position in Chatham Lodging Trust by 37.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 20,601 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 5,578 shares during the last quarter. WINTON GROUP Ltd bought a new position in Chatham Lodging Trust in the 2nd quarter valued at $213,000. Integrated Wealth Concepts LLC bought a new position in Chatham Lodging Trust in the 2nd quarter valued at $34,000. NewEdge Advisors LLC increased its stake in shares of Chatham Lodging Trust by 23.6% in the 2nd quarter. NewEdge Advisors LLC now owns 25,391 shares of the real estate investment trust’s stock valued at $336,000 after buying an additional 4,845 shares during the period. Finally, Corient Private Wealth LP increased its stake in shares of Chatham Lodging Trust by 43.1% in the 2nd quarter. Corient Private Wealth LP now owns 15,182 shares of the real estate investment trust’s stock valued at $201,000 after buying an additional 4,574 shares during the period. 88.37% of the stock is owned by institutional investors.

Chatham Lodging Trust Company Profile

Chatham Lodging Trust was a self-advised lodging real estate investment trust that owned a portfolio of upscale, premium-branded select-service and extended-stay hotels in the United States. Its properties primarily operated under franchise agreements with major hospitality companies, including Marriott International, Hilton, Hyatt Hotels and InterContinental Hotels Group.

The company’s hotel portfolio included brands such as Courtyard by Marriott, Residence Inn, Homewood Suites, Hampton Inn and Hyatt Place.