Chatham Lodging Trust (CLDT) Expected to Announce Earnings on Tuesday

Chatham Lodging Trust (NYSE:CLDT) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Chatham Lodging Trust to post earnings of $0.14 per share and revenue of $67.99 million for the quarter.

Chatham Lodging Trust Price Performance

NYSE CLDT opened at $7.02 on Tuesday. The firm has a market capitalization of $343.85 million, a price-to-earnings ratio of -30.52 and a beta of 1.49. The company has a 50 day simple moving average of $7.33 and a 200-day simple moving average of $8.32. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.96 and a quick ratio of 0.96. Chatham Lodging Trust has a 52-week low of $5.83 and a 52-week high of $10.00.

Chatham Lodging Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.14%. The ex-dividend date was Monday, March 31st. Chatham Lodging Trust’s payout ratio is presently -450.00%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CLDT shares. Stifel Nicolaus cut their price objective on shares of Chatham Lodging Trust from $11.00 to $9.50 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. StockNews.com lowered shares of Chatham Lodging Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th.

About Chatham Lodging Trust

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.