Chatham Lodging Trust (NYSE:CLDT – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.120-0.150 for the period, compared to the consensus earnings per share estimate of 0.140. The company issued revenue guidance of $67.9 million-$68.5 million, compared to the consensus revenue estimate of $71.3 million. Chatham Lodging Trust also updated its FY 2025 guidance to 1.010-1.110 EPS.
Analyst Ratings Changes
Separately, Alliance Global Partners began coverage on Chatham Lodging Trust in a report on Wednesday, December 11th. They issued a “buy” rating and a $12.00 price target for the company.
View Our Latest Stock Analysis on CLDT
Chatham Lodging Trust Price Performance
Chatham Lodging Trust Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.07 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.40%. Chatham Lodging Trust’s dividend payout ratio is currently -121.74%.
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.
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