Chatham Lodging Trust Key Executives
This section highlights Chatham Lodging Trust's key executives, including their titles and compensation details.
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Chatham Lodging Trust Earnings
This section highlights Chatham Lodging Trust's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-26 | $-0.14 | $0.20 |
| Read Transcript | Q3 | 2024 | 2024-11-07 | $0.35 | $0.35 |
| Read Transcript | Q2 | 2024 | 2024-08-02 | $0.36 | $0.39 |
| Read Transcript | Q1 | 2024 | 2024-05-06 | $0.13 | $0.16 |
| Read Transcript | Q4 | 2023 | 2024-02-27 | $0.15 | $0.19 |
| Read Transcript | Q3 | 2023 | 2023-11-02 | $0.38 | $0.40 |
| Read Transcript | Q2 | 2023 | 2023-08-02 | $0.39 | $0.43 |
| Read Transcript | Q1 | 2023 | 2023-05-04 | $0.13 | $0.16 |
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 rooms/suites, comprised of 40 properties it wholly owns with an aggregate of 6,092 rooms/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms/suites.
$7.14
Stock Price
$349.74M
Market Cap
17
Employees
West Palm Beach, FL
Location
Financial Statements
Access annual & quarterly financial statements for Chatham Lodging Trust, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $317.21M | $311.11M | $294.85M | $203.97M | $144.92M |
| Cost of Revenue | $205.99M | $200.18M | $183.29M | $144.85M | $122.58M |
| Gross Profit | $111.22M | $110.93M | $111.56M | $59.12M | $22.33M |
| Gross Profit Ratio | 35.06% | 35.70% | 37.84% | 29.00% | 15.41% |
| Research and Development Expenses | $- | $- | $0 | $-0 | $-1 |
| General and Administrative Expenses | $18.39M | $28.88M | $17.34M | $15.75M | $11.56M |
| Selling and Marketing Expenses | $- | $-11.37M | $23.67M | $16.56M | $3.98M |
| Selling General and Administrative Expenses | $18.39M | $17.52M | $17.34M | $15.75M | $11.56M |
| Other Expenses | $59.61M | $64.80M | $60.03M | $54.22M | $53.87M |
| Operating Expenses | $78.00M | $82.32M | $77.37M | $69.97M | $65.44M |
| Cost and Expenses | $283.99M | $282.50M | $260.67M | $214.82M | $188.02M |
| Interest Income | $303.00K | $324.00K | $10.00K | $243.00K | $179.00K |
| Interest Expense | $29.47M | $25.92M | $26.45M | $24.46M | $28.12M |
| Depreciation and Amortization | $60.74M | $58.25M | $260.67M | $215.53M | $192.40M |
| EBITDA | $94.25M | $86.66M | $95.02M | $58.46M | $3.83M |
| EBITDA Ratio | 29.71% | 27.86% | 31.73% | 20.43% | -0.59% |
| Operating Income | $33.22M | $28.61M | $36.45M | $-12.54M | $-43.10M |
| Operating Income Ratio | 10.47% | 9.20% | 12.36% | -6.15% | -29.74% |
| Total Other Income Expenses Net | $-29.18M | $-26.13M | $-26.58M | $-1.63M | $-35.37M |
| Income Before Tax | $4.04M | $2.49M | $9.87M | $-18.84M | $-77.02M |
| Income Before Tax Ratio | 1.27% | 0.80% | 3.35% | -9.24% | -53.15% |
| Income Tax Expense | $- | $- | $26.65M | $22.08M | $15.32M |
| Net Income | $4.17M | $2.64M | $-16.78M | $-40.93M | $-92.34M |
| Net Income Ratio | 1.31% | 0.85% | -5.69% | -20.07% | -63.72% |
| EPS | $-0.08 | $-0.11 | $-0.34 | $-0.85 | $-1.97 |
| EPS Diluted | $-0.08 | $-0.11 | $-0.34 | $-0.85 | $-1.97 |
| Weighted Average Shares Outstanding | 48.90M | 48.85M | 48.80M | 48.35M | 46.96M |
| Weighted Average Shares Outstanding Diluted | 48.90M | 48.85M | 49.06M | 48.35M | 46.96M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.11M | $87.18M | $86.48M | $68.44M | $72.28M | $86.74M | $84.48M | $67.61M | $70.32M | $87.89M | $81.76M | $54.88M | $57.32M | $64.30M | $50.24M | $32.11M | $29.57M | $34.97M | $20.17M | $60.21M |
| Cost of Revenue | $50.77M | $54.98M | $60.51M | $55.50M | $49.51M | $53.96M | $49.76M | $46.95M | $47.03M | $49.67M | $47.63M | $38.97M | $39.76M | $41.78M | $34.67M | $28.64M | $27.30M | $28.84M | $22.43M | $44.02M |
| Gross Profit | $24.34M | $32.20M | $25.97M | $12.94M | $22.76M | $32.78M | $34.72M | $20.67M | $23.29M | $38.22M | $34.13M | $15.92M | $17.56M | $22.52M | $15.57M | $3.47M | $2.26M | $6.13M | $-2.25M | $16.19M |
| Gross Profit Ratio | 32.40% | 36.90% | 30.00% | 18.90% | 31.50% | 37.80% | 41.10% | 30.60% | 33.10% | 43.50% | 41.70% | 29.00% | 30.60% | 35.00% | 31.00% | 10.80% | 7.65% | 17.54% | -11.17% | 26.89% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $4.76M | $4.39M | $4.63M | $4.59M | $4.34M | $4.22M | $4.61M | $4.34M | $4.34M | $4.59M | $4.46M | $3.94M | $3.76M | $4.15M | $4.32M | $3.53M | $3.35M | $2.96M | $2.49M | $2.77M |
| Selling and Marketing Expenses | $- | $- | $1.58M | $5.49M | $5.78M | $6.98M | $6.80M | $5.34M | $5.60M | $7.11M | $6.56M | $4.41M | $4.58M | $5.29M | $4.09M | $2.60M | $-2.88M | $2.88M | $1.64M | $4.72M |
| Selling General and Administrative Expenses | $4.76M | $4.39M | $4.63M | $4.59M | $4.34M | $4.22M | $4.61M | $4.34M | $4.34M | $4.59M | $4.46M | $3.94M | $3.76M | $4.15M | $4.32M | $3.53M | $3.35M | $2.96M | $2.49M | $2.77M |
| Other Expenses | $13.93M | $15.30M | $29.77M | $-11.81M | $28.27M | $30.73M | $26.68M | $14.26M | $14.36M | $14.96M | $15.43M | $15.29M | $-78.00K | $-256.00K | $-322.00K | $-55.00K | $-1.60M | $199.00K | $-215.00K | $-2.77M |
| Operating Expenses | $18.69M | $19.70M | $19.57M | $11.81M | $21.24M | $18.91M | $19.32M | $18.60M | $18.70M | $19.55M | $19.89M | $19.23M | $17.62M | $17.82M | $17.67M | $16.86M | $16.88M | $16.58M | $16.15M | $15.83M |
| Cost and Expenses | $69.46M | $74.70M | $72.40M | $67.31M | $70.75M | $72.87M | $69.08M | $65.55M | $65.72M | $69.22M | $67.52M | $58.20M | $57.38M | $59.59M | $52.34M | $45.50M | $44.18M | $45.41M | $38.58M | $59.85M |
| Interest Income | $-280.00K | $-282.00K | $684.00K | $846.00K | $846.00K | $479.00K | $189.00K | $20.00K | $1.00K | $407.00K | $46.00K | $244.00K | $140.00K | $- | $28.00K | $114.00K | $32.00K | $25.00K | $39.00K | $81.00K |
| Interest Expense | $7.22M | $7.88M | $7.37M | $7.00M | $7.08M | $6.85M | $6.44M | $6.44M | $6.73M | $6.42M | $6.61M | $6.30M | $5.81M | $- | $6.36M | $6.03M | $7.01M | $6.93M | $6.77M | $6.60M |
| Depreciation and Amortization | $15.29M | $15.29M | $14.91M | $15.26M | $14.64M | $14.69M | $14.67M | $14.26M | $14.38M | $14.66M | $15.29M | $15.04M | $13.86M | $13.67M | $13.35M | $13.33M | $13.46M | $13.56M | $13.61M | $13.00M |
| EBITDA | $20.66M | $27.80M | $28.99M | $16.38M | $16.16M | $28.56M | $30.07M | $16.32M | $18.97M | $33.32M | $31.21M | $11.66M | $7.96M | $18.11M | $10.94M | $-111.00K | $16.80M | $3.38M | $-4.96M | $-8.45M |
| EBITDA Ratio | 27.50% | 31.89% | 33.52% | 23.94% | 23.10% | 33.48% | 35.88% | 24.17% | 26.98% | 37.94% | 35.70% | 21.20% | 24.19% | 27.60% | 21.82% | -5.32% | -13.48% | 6.39% | -33.50% | 17.45% |
| Operating Income | $5.65M | $12.50M | $14.08M | $1.13M | $-2.78M | $13.87M | $15.45M | $2.07M | $4.73M | $18.77M | $16.26M | $-3.33M | $-5.78M | $4.44M | $-2.39M | $-13.49M | $4.90M | $-10.24M | $-18.62M | $-17.69M |
| Operating Income Ratio | 7.52% | 14.34% | 16.28% | 1.65% | -3.85% | 15.99% | 18.29% | 3.06% | 6.73% | 21.36% | 19.88% | -6.07% | -10.07% | 6.91% | -4.76% | -42.00% | 16.57% | -29.30% | -92.30% | -29.37% |
| Total Other Income Expenses Net | $-7.50M | $-8.16M | $-7.06M | $-6.46M | $-6.55M | $-6.38M | $-6.09M | $-7.11M | $-6.86M | $-6.40M | $-6.93M | $-6.39M | $-5.67M | $-5.82M | $-6.33M | $16.19M | $-8.30M | $-8.07M | $-8.57M | $-10.43M |
| Income Before Tax | $-1.85M | $4.34M | $7.03M | $-5.48M | $-9.33M | $7.50M | $9.37M | $-5.04M | $-2.13M | $12.38M | $9.32M | $-9.70M | $-11.45M | $-1.38M | $-8.72M | $2.70M | $-3.40M | $-18.31M | $-27.19M | $-28.11M |
| Income Before Tax Ratio | -2.47% | 4.98% | 8.13% | -8.01% | -12.91% | 8.65% | 11.09% | -7.46% | -3.03% | 14.08% | 11.40% | -17.67% | -19.97% | -2.15% | -17.35% | 8.41% | -11.52% | -52.37% | -134.80% | -46.69% |
| Income Tax Expense | $- | $- | $7.03M | $-5.48M | $-9.33M | $7.50M | $6.66M | $-5.04M | $6.76M | $2.23M | $2.16M | $1.73M | $1.73M | $-64.00K | $-8.88M | $2.75M | $949.00K | $-18.57M | $-27.56M | $-28.44M |
| Net Income | $-1.71M | $4.22M | $6.85M | $-5.26M | $-8.98M | $7.33M | $7.16M | $-4.85M | $-8.89M | $10.14M | $7.16M | $-11.43M | $-11.19M | $-1.32M | $-8.56M | $2.66M | $-3.36M | $-18.06M | $-26.83M | $-27.78M |
| Net Income Ratio | -2.27% | 4.84% | 7.92% | -7.68% | -12.42% | 8.45% | 8.47% | -7.17% | -12.65% | 11.54% | 8.76% | -20.83% | -19.52% | -2.05% | -17.03% | 8.27% | -11.35% | -51.64% | -132.98% | -46.14% |
| EPS | $0.00 | $0.05 | $0.10 | $-0.11 | $-0.18 | $0.11 | $0.15 | $-0.10 | $-0.18 | $0.21 | $0.15 | $-0.23 | $-0.23 | $-0.03 | $-0.18 | $0.06 | $-0.07 | $-0.38 | $-0.57 | $-0.59 |
| EPS Diluted | $0.00 | $0.05 | $0.10 | $-0.11 | $-0.18 | $0.11 | $0.15 | $-0.10 | $-0.18 | $0.21 | $0.15 | $-0.23 | $-0.23 | $-0.03 | $-0.18 | $0.06 | $-0.07 | $-0.38 | $-0.57 | $-0.59 |
| Weighted Average Shares Outstanding | 48.91M | 48.90M | 48.90M | 48.89M | 48.85M | 48.85M | 48.85M | 48.84M | 48.80M | 48.80M | 48.80M | 48.79M | 48.76M | 47.24M | 47.54M | 47.22M | 46.97M | 46.97M | 46.96M | 46.95M |
| Weighted Average Shares Outstanding Diluted | 48.91M | 49.07M | 49.01M | 48.89M | 48.85M | 49.00M | 48.96M | 48.84M | 48.80M | 49.07M | 49.02M | 48.79M | 48.76M | 48.76M | 48.64M | 47.37M | 46.97M | 46.97M | 46.96M | 46.95M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $20.20M | $68.13M | $26.27M | $19.19M | $21.12M |
| Short Term Investments | $- | $- | $800.00K | $- | $- |
| Cash and Short Term Investments | $20.20M | $68.13M | $26.27M | $19.19M | $21.12M |
| Net Receivables | $2.92M | $4.38M | $5.18M | $3.00M | $1.69M |
| Inventory | $- | $- | $-800.00K | $10.68M | $10.33M |
| Other Current Assets | $9.65M | $21.41M | $18.88M | $13.47M | $12.60M |
| Total Current Assets | $32.77M | $93.91M | $50.33M | $35.66M | $35.41M |
| Property Plant Equipment Net | $17.55M | $18.14M | $19.30M | $19.98M | $20.64M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $-1.34B | $-1.41B | $- |
| Long Term Investments | $- | $- | $800.00K | $61.00K | $- |
| Tax Assets | $- | $- | $1.34B | $1.41B | $1.37B |
| Other Non-Current Assets | $- | $1.23B | $1.27B | $1.35B | $-56.05M |
| Total Non-Current Assets | $17.55M | $1.25B | $1.29B | $1.38B | $1.33B |
| Other Assets | $1.20B | $- | $- | $- | $- |
| Total Assets | $1.25B | $1.34B | $1.34B | $1.41B | $1.37B |
| Account Payables | $29.62M | $29.25M | $28.53M | $27.72M | $25.37M |
| Short Term Debt | $110.00M | $- | $- | $- | $137.35M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-117.96M | $-70.00M | $- |
| Other Current Liabilities | $5.58M | $5.41M | $5.22M | $1.80M | $-114.88M |
| Total Current Liabilities | $145.20M | $34.67M | $33.75M | $29.52M | $45.79M |
| Long Term Debt | $317.48M | $504.88M | $491.99M | $566.99M | $608.51M |
| Deferred Revenue Non-Current | $- | $- | $525.74M | $596.51M | $677.80M |
| Deferred Tax Liabilities Non-Current | $- | $- | $22.11M | $22.70M | $23.23M |
| Other Non-Current Liabilities | $- | $- | $- | $- | $21.44M |
| Total Non-Current Liabilities | $317.48M | $504.88M | $491.99M | $566.99M | $632.00M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $462.68M | $539.55M | $525.74M | $596.51M | $677.80M |
| Preferred Stock | $- | $48.00K | $48.00K | $48.00K | $0 |
| Common Stock | $489.00K | $488.00K | $488.00K | $487.00K | $470.00K |
| Retained Earnings | $-289.13M | $-271.65M | $-252.66M | $-251.10M | $-228.72M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $0 | $0 | $-0 |
| Other Total Stockholders Equity | $1.05B | $1.05B | $1.05B | $1.05B | $906.00M |
| Total Stockholders Equity | $758.22M | $776.06M | $794.89M | $797.50M | $677.75M |
| Total Equity | $792.00M | $804.38M | $818.00M | $814.19M | $692.46M |
| Total Liabilities and Stockholders Equity | $1.25B | $1.34B | $1.34B | $1.41B | $1.37B |
| Minority Interest | $33.78M | $28.32M | $23.10M | $16.69M | $14.71M |
| Total Liabilities and Total Equity | $1.25B | $1.34B | $1.34B | $1.41B | $1.37B |
| Total Investments | $- | $- | $800.00K | $61.00K | $- |
| Total Debt | $427.48M | $504.88M | $491.99M | $566.99M | $632.00M |
| Net Debt | $407.29M | $436.75M | $465.72M | $547.80M | $610.88M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $20.20M | $19.35M | $25.70M | $91.50M | $68.13M | $71.65M | $32.90M | $22.47M | $26.27M | $19.91M | $17.75M | $18.15M | $19.19M | $18.58M | $131.37M | $14.64M | $21.12M | $31.57M | $36.88M | $57.97M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $800.00K | $1.28B | $1.29B | $1.37B | $1.28B | $41.00K | $53.00K | $49.00K | $- | $- | $- | $- |
| Cash and Short Term Investments | $20.20M | $19.35M | $25.70M | $91.50M | $68.13M | $71.65M | $32.90M | $22.47M | $26.27M | $19.91M | $17.75M | $18.15M | $19.19M | $18.58M | $131.37M | $14.64M | $21.12M | $31.57M | $36.88M | $57.97M |
| Net Receivables | $2.92M | $4.36M | $4.18M | $3.75M | $4.38M | $5.20M | $5.71M | $4.55M | $5.18M | $15.23M | $7.28M | $3.63M | $3.00M | $3.23M | $3.83M | $2.51M | $1.69M | $2.23M | $2.25M | $2.80M |
| Inventory | $- | $- | $- | $1 | $107.74M | $113.51M | $14.80M | $13.28M | $-800.00K | $-700.00K | $-400.00K | $8.30M | $10.68M | $10.99M | $10.93M | $8.72M | $10.33M | $10.85M | $8.86M | $11.60M |
| Other Current Assets | $9.65M | $9.50M | $15.10M | $19.24M | $17.62M | $18.33M | $24.40M | $22.91M | $18.88M | $20.66M | $18.31M | $9.53M | $13.47M | $10.99M | $10.93M | $8.72M | $12.60M | $14.84M | $13.47M | $17.61M |
| Total Current Assets | $32.77M | $33.20M | $29.87M | $95.25M | $90.12M | $95.18M | $63.01M | $49.93M | $50.33M | $55.80M | $43.33M | $39.60M | $35.66M | $37.94M | $151.97M | $32.75M | $35.41M | $48.64M | $52.61M | $78.38M |
| Property Plant Equipment Net | $17.55M | $17.70M | $17.85M | $18.00M | $18.14M | $18.28M | $18.42M | $19.12M | $19.30M | $19.47M | $19.64M | $19.82M | $19.98M | $20.15M | $20.32M | $20.48M | $20.64M | $20.80M | $20.96M | $21.11M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $800.00K | $700.00K | $400.00K | $- | $- | $- | $53.00K | $49.00K | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $29.00K | $29.00K | $29.00K |
| Other Non-Current Assets | $- | $1.24B | $1.25B | $1.22B | $1.24B | $1.25B | $1.26B | $1.26B | $1.27B | $1.28B | $1.29B | $1.38B | $1.36B | $1.37B | $1.30B | $1.31B | $1.31B | $1.36B | $1.36B | $1.37B |
| Total Non-Current Assets | $17.55M | $1.26B | $1.27B | $1.24B | $1.25B | $1.27B | $1.27B | $1.28B | $1.29B | $1.30B | $1.31B | $1.40B | $1.38B | $1.39B | $1.32B | $1.33B | $1.33B | $1.38B | $1.38B | $1.39B |
| Other Assets | $1.20B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.25B | $1.29B | $1.30B | $1.33B | $1.34B | $1.37B | $1.34B | $1.33B | $1.34B | $1.35B | $1.35B | $1.44B | $1.41B | $1.43B | $1.48B | $1.36B | $1.37B | $1.43B | $1.44B | $1.47B |
| Account Payables | $29.62M | $34.59M | $27.73M | $29.29M | $29.25M | $35.78M | $29.96M | $26.62M | $28.53M | $34.29M | $27.91M | $23.84M | $27.72M | $30.77M | $25.50M | $22.35M | $25.37M | $26.20M | $18.61M | $24.59M |
| Short Term Debt | $110.00M | $- | $120.00M | $295.56M | $- | $284.28M | $- | $- | $- | $71.28M | $- | $- | $- | $- | $- | $121.54M | $137.35M | $173.00M | $174.02M | $173.00M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-175.00K | $5.43M | $-24.59M | $-1.85M | $-63.74M | $-81.75M | $-117.96M | $-2.55M | $- | $- | $-9.25M | $-2.45M | $-4.57M | $- | $-135.30M | $- | $- | $- |
| Other Current Liabilities | $5.58M | $5.53M | $6.20M | $6.84M | $5.41M | $5.37M | $5.33M | $5.28M | $5.22M | $1.66M | $1.66M | $1.66M | $1.80M | $2.13M | $147.00K | $-119.85M | $-114.88M | $-153.91M | $-154.05M | $-155.63M |
| Total Current Liabilities | $145.20M | $40.12M | $153.94M | $34.72M | $34.67M | $41.16M | $35.29M | $31.90M | $33.75M | $35.95M | $29.57M | $25.50M | $29.52M | $32.91M | $25.65M | $22.50M | $45.79M | $45.30M | $37.55M | $41.95M |
| Long Term Debt | $317.48M | $442.43M | $421.43M | $207.72M | $504.88M | $222.70M | $486.88M | $490.70M | $491.99M | $423.10M | $510.45M | $606.51M | $566.99M | $566.53M | $620.98M | $602.10M | $608.51M | $689.31M | $681.66M | $689.87M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $14.31M | $- | $-1.41M | $- | $- | $-933.00K | $- | $- | $- | $- | $- | $- | $-516.00K | $- | $19.14M | $21.44M | $- | $4.98M | $- |
| Total Non-Current Liabilities | $317.48M | $456.74M | $350.65M | $503.28M | $504.88M | $506.99M | $486.88M | $490.70M | $491.99M | $494.38M | $511.49M | $608.07M | $566.99M | $566.53M | $622.01M | $622.78M | $632.00M | $689.31M | $687.66M | $689.87M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $462.68M | $496.87M | $504.58M | $538.00M | $539.55M | $548.14M | $522.17M | $522.60M | $525.74M | $530.33M | $541.06M | $633.57M | $596.51M | $599.44M | $647.66M | $645.28M | $677.80M | $734.61M | $725.21M | $731.82M |
| Preferred Stock | $- | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $48.00K | $- | $0 | $225.36M | $207.31M | $180.48M |
| Common Stock | $489.00K | $489.00K | $489.00K | $489.00K | $488.00K | $488.00K | $488.00K | $488.00K | $488.00K | $488.00K | $488.00K | $488.00K | $487.00K | $487.00K | $487.00K | $485.00K | $470.00K | $470.00K | $470.00K | $469.00K |
| Retained Earnings | $-289.13M | $-282.01M | $-280.85M | $-282.29M | $-271.65M | $-257.26M | $-259.18M | $-262.92M | $-252.66M | $-245.23M | $-255.37M | $-262.54M | $-251.10M | $-237.93M | $-234.62M | $-226.06M | $-228.72M | $-225.36M | $-207.31M | $-180.48M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-0 | $-489.00K | $-48.00K | $-48.00K | $-0 | $-0 | $0 | $- | $-0 | $-0 | $0 | $-237.93M | $-234.62M | $- | $-0 | $-225.36M | $-207.31M | $-180.48M |
| Other Total Stockholders Equity | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $1.05B | $929.73M | $906.00M | $906.02M | $905.98M | $905.94M |
| Total Stockholders Equity | $758.22M | $765.32M | $766.47M | $765.03M | $776.06M | $790.42M | $788.48M | $784.71M | $794.89M | $802.31M | $792.14M | $785.03M | $797.50M | $810.67M | $814.22M | $704.15M | $677.75M | $681.13M | $699.14M | $725.93M |
| Total Equity | $792.00M | $798.12M | $797.89M | $794.98M | $804.38M | $817.85M | $814.49M | $809.26M | $818.00M | $824.38M | $812.70M | $804.14M | $814.19M | $826.53M | $829.06M | $717.47M | $692.46M | $694.88M | $712.14M | $738.27M |
| Total Liabilities and Stockholders Equity | $1.25B | $1.29B | $1.30B | $1.33B | $1.34B | $1.37B | $1.34B | $1.33B | $1.34B | $1.35B | $1.35B | $1.44B | $1.41B | $1.43B | $1.48B | $1.36B | $1.37B | $1.43B | $1.44B | $1.47B |
| Minority Interest | $33.78M | $32.80M | $31.42M | $29.95M | $28.32M | $27.43M | $26.01M | $24.55M | $23.10M | $22.08M | $20.55M | $19.11M | $16.69M | $15.86M | $14.84M | $13.32M | $14.71M | $13.75M | $13.00M | $12.34M |
| Total Liabilities and Total Equity | $1.25B | $1.29B | $1.30B | $1.33B | $1.34B | $1.37B | $1.34B | $1.33B | $1.34B | $1.35B | $1.35B | $1.44B | $1.41B | $1.43B | $1.48B | $1.36B | $1.37B | $1.43B | $1.44B | $1.47B |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $800.00K | $1.28B | $1.29B | $1.37B | $1.28B | $41.00K | $53.00K | $49.00K | $- | $- | $- | $- |
| Total Debt | $427.48M | $456.74M | $470.65M | $503.28M | $504.88M | $506.99M | $486.88M | $490.70M | $491.99M | $494.38M | $511.49M | $608.07M | $566.99M | $566.53M | $622.01M | $622.78M | $632.00M | $689.31M | $687.66M | $689.87M |
| Net Debt | $407.29M | $437.39M | $444.95M | $411.78M | $436.75M | $435.34M | $453.98M | $468.23M | $465.72M | $474.46M | $493.74M | $589.92M | $547.80M | $547.95M | $490.64M | $608.15M | $610.88M | $657.74M | $650.77M | $631.90M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $4.04M | $2.49M | $9.87M | $-18.84M | $-77.02M |
| Depreciation and Amortization | $60.52M | $58.04M | $59.12M | $53.97M | $53.63M |
| Deferred Income Tax | $- | $- | $- | $-16.93M | $29.00K |
| Stock Based Compensation | $6.40M | $6.12M | $5.55M | $4.82M | $4.88M |
| Change in Working Capital | $2.69M | $1.39M | $-2.57M | $3.68M | $-4.59M |
| Accounts Receivables | $1.32M | $803.00K | $-2.19M | $-1.31M | $2.94M |
| Inventory | $- | $- | $- | $-5.73M | $7.96M |
| Accounts Payables | $- | $1.05M | $460.00K | $5.73M | $-7.96M |
| Other Working Capital | $1.36M | $-463.00K | $-839.00K | $5.00M | $-7.53M |
| Other Non Cash Items | $184.00K | $8.41M | $-440.00K | $2.07M | $3.11M |
| Net Cash Provided by Operating Activities | $73.83M | $76.44M | $71.53M | $28.78M | $-19.96M |
| Investments in Property Plant and Equipment | $- | $- | $-15.66M | $-9.51M | $-14.49M |
| Acquisitions Net | $- | $- | $-31.05M | $2.80M | $-26.81M |
| Purchases of Investments | $- | $- | $-3.30M | $-23.90M | $-23.16M |
| Sales Maturities of Investments | $- | $- | $79.57M | $2.80M | $64.45M |
| Other Investing Activities | $-29.17M | $-28.11M | $400.00K | $-74.14M | $26.81M |
| Net Cash Used for Investing Activities | $-29.17M | $-28.11M | $29.96M | $-101.94M | $26.81M |
| Debt Repayment | $-76.94M | $15.85M | $-78.06M | $-64.81M | $22.88M |
| Common Stock Issued | $53.00K | $61.00K | $57.00K | $24.61M | $182.00K |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-22.33M | $-22.16M | $-8.10M | $-2.60M | $-16.24M |
| Other Financing Activities | $-1.34M | $-1.48M | $-107.00K | $114.38M | $-2.22M |
| Net Cash Used Provided by Financing Activities | $-100.56M | $-7.73M | $-86.21M | $71.58M | $4.43M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-55.91M | $40.60M | $15.28M | $-1.58M | $11.27M |
| Cash at End of Period | $29.84M | $85.75M | $45.15M | $29.87M | $31.45M |
| Cash at Beginning of Period | $85.75M | $45.15M | $29.87M | $31.45M | $20.18M |
| Operating Cash Flow | $73.83M | $76.44M | $71.53M | $28.78M | $-19.96M |
| Capital Expenditure | $- | $- | $-15.66M | $-9.51M | $-14.49M |
| Free Cash Flow | $73.83M | $76.44M | $55.87M | $19.27M | $-34.45M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.85M | $4.33M | $6.82M | $-5.26M | $-9.33M | $7.33M | $9.37M | $-5.04M | $-2.13M | $12.38M | $9.32M | $-9.70M | $-11.45M | $-1.38M | $-8.72M | $2.70M | $-3.40M | $-18.31M | $-27.19M | $-28.11M |
| Depreciation and Amortization | $15.23M | $15.23M | $14.91M | $15.26M | $14.59M | $14.63M | $14.62M | $14.20M | $14.33M | $14.60M | $15.22M | $14.97M | $13.79M | $13.61M | $13.29M | $13.27M | $13.46M | $13.56M | $13.61M | $13.00M |
| Deferred Income Tax | $- | $- | $- | $- | $6.54M | $-2.06M | $-55.00K | $- | $- | $- | $- | $- | $5.64M | $6.00K | $-28.00K | $-22.54M | $29.00K | $848.00K | $1.58M | $18.95M |
| Stock Based Compensation | $1.49M | $1.65M | $1.66M | $1.60M | $1.55M | $1.55M | $1.55M | $1.45M | $1.42M | $1.42M | $1.42M | $1.29M | $1.24M | $1.23M | $1.20M | $1.16M | $1.12M | $1.12M | $1.14M | $1.49M |
| Change in Working Capital | $-730.00K | $7.18M | $1.23M | $-4.99M | $-3.60M | $506.00K | $2.33M | $-6.89M | $6.99M | $89.00K | $1.52M | $-11.16M | $688.00K | $6.60M | $3.60M | $-7.20M | $900.00K | $5.33M | $-2.34M | $-8.48M |
| Accounts Receivables | $1.31M | $-190.00K | $-428.00K | $618.00K | $824.00K | $506.00K | $-1.16M | $631.00K | $10.05M | $-7.95M | $-3.67M | $-625.00K | $233.00K | $598.00K | $-1.33M | $-818.00K | $539.00K | $23.00K | $549.00K | $1.83M |
| Inventory | $- | $- | $- | $- | $6.76M | $-9.04M | $-3.92M | $- | $- | $- | $- | $3.62M | $- | $- | $- | $-14.84M | $8.31M | $- | $- | $-3.37M |
| Accounts Payables | $- | $5.45M | $-337.00K | $619.00K | $-6.76M | $5.23M | $3.92M | $-1.34M | $-6.02M | $6.05M | $428.00K | $-3.62M | $5.73M | $5.57M | $3.88M | $-1.80M | $-7.96M | $- | $- | $-6.93M |
| Other Working Capital | $-2.04M | $1.91M | $1.99M | $-6.22M | $-4.42M | $3.81M | $3.49M | $-6.19M | $2.96M | $1.98M | $4.76M | $-10.54M | $-5.28M | $6.00M | $4.93M | $10.25M | $15.00K | $5.31M | $-2.89M | $-16.00K |
| Other Non Cash Items | $-1.20M | $426.00K | $32.82M | $31.15M | $366.00K | $11.62M | $179.00K | $1.03M | $406.00K | $325.00K | $-1.59M | $424.00K | $446.00K | $523.00K | $564.00K | $540.00K | $-19.32M | $439.00K | $323.00K | $288.00K |
| Net Cash Provided by Operating Activities | $12.94M | $28.82M | $25.18M | $6.89M | $10.12M | $33.58M | $27.99M | $4.75M | $21.01M | $28.81M | $25.89M | $-4.17M | $10.36M | $20.58M | $9.90M | $-12.07M | $-7.21M | $2.99M | $-12.88M | $-2.86M |
| Investments in Property Plant and Equipment | $- | $19.44M | $-8.60M | $-10.84M | $-6.68M | $-5.83M | $-7.50M | $-8.10M | $-3.28M | $-2.95M | $-5.30M | $-4.13M | $-4.28M | $-1.02M | $-3.08M | $-1.11M | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $-31.05M | $-76.20M | $- | $- | $-71.33M | $- | $- | $2.80M | $- | $- | $- | $- |
| Purchases of Investments | $- | $43.73M | $-43.73M | $- | $- | $- | $- | $- | $31.74M | $-422.00K | $-661.00K | $-33.96M | $67.95M | $-76.62M | $-6.34M | $-8.89M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $-17.17M | $- | $17.17M | $- | $- | $- | $- | $1.00K | $79.57M | $- | $- | $- | $- | $- | $-23.82M | $- | $- | $- | $- |
| Other Investing Activities | $22.95M | $-52.12M | $-52.33M | $6.33M | $-6.68M | $-5.83M | $-7.50M | $-8.10M | $28.47M | $-3.37M | $79.97M | $-38.09M | $63.67M | $-77.64M | $-9.43M | $16.61M | $53.94M | $-6.66M | $-8.17M | $-12.31M |
| Net Cash Used for Investing Activities | $22.95M | $-6.12M | $-52.33M | $6.33M | $-6.68M | $-5.83M | $-7.50M | $-8.10M | $-2.58M | $-3.37M | $74.00M | $-38.09M | $-7.67M | $-77.64M | $-9.43M | $-7.20M | $53.94M | $-6.66M | $-8.17M | $-12.31M |
| Debt Repayment | $-29.33M | $-13.94M | $-33.06M | $-1.64M | $-2.14M | $21.03M | $-3.01M | $-544.00K | $-2.30M | $-17.06M | $-96.50M | $41.16M | $526.00K | $-55.41M | $-759.00K | $-9.17M | $-57.31M | $1.67M | $-2.19M | $80.70M |
| Common Stock Issued | $12.00K | $14.00K | $14.00K | $13.00K | $17.00K | $13.00K | $16.00K | $15.00K | $12.00K | $12.00K | $19.00K | $14.00K | $14.00K | $15.00K | $3.29M | $21.29M | $16.00K | $38.00K | $36.00K | $92.00K |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-5.58M | $-5.58M | $-5.58M | $-5.60M | $-5.55M | $-5.54M | $-5.55M | $-5.53M | $-1.99M | $-1.99M | $-1.99M | $-2.13M | $-2.32M | $- | $-1.00K | $-281.00K | $-16.24M | $- | $- | $-16.24M |
| Other Financing Activities | $-2.00K | $-52.00K | $-28.00K | $-236.00K | $-2.00K | $-963.00K | $-3.00K | $- | $-3.19M | $- | $-78.00K | $-201.00K | $-612.00K | $-275.00K | $115.93M | $-660.00K | $-393.00K | $-1.38M | $-628.00K | $-2.00K |
| Net Cash Used Provided by Financing Activities | $-34.89M | $-19.55M | $-38.65M | $-7.47M | $-7.67M | $14.53M | $-8.54M | $-6.05M | $-7.47M | $-19.03M | $-98.55M | $38.84M | $-2.39M | $-55.67M | $118.45M | $11.19M | $-57.69M | $335.00K | $-2.78M | $64.56M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $11.09M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $999.00K | $3.15M | $-65.80M | $5.75M | $-4.23M | $42.28M | $11.95M | $-9.40M | $10.96M | $6.41M | $1.34M | $-3.42M | $303.00K | $-112.73M | $118.93M | $-8.09M | $-10.96M | $-3.33M | $-23.82M | $49.39M |
| Cash at End of Period | $29.84M | $28.84M | $25.70M | $91.50M | $85.75M | $89.98M | $47.70M | $35.75M | $45.15M | $34.20M | $27.79M | $26.45M | $29.87M | $29.57M | $142.29M | $23.36M | $31.45M | $42.41M | $45.75M | $69.57M |
| Cash at Beginning of Period | $28.84M | $25.70M | $91.50M | $85.75M | $89.98M | $47.70M | $35.75M | $45.15M | $34.20M | $27.79M | $26.45M | $29.87M | $29.57M | $142.29M | $23.36M | $31.45M | $42.41M | $45.75M | $69.57M | $20.18M |
| Operating Cash Flow | $12.94M | $28.82M | $25.18M | $6.89M | $10.12M | $33.58M | $27.99M | $4.75M | $21.01M | $28.81M | $25.89M | $-4.17M | $10.36M | $20.58M | $9.90M | $-12.07M | $-7.21M | $2.99M | $-12.88M | $-2.86M |
| Capital Expenditure | $- | $19.44M | $-8.60M | $-10.84M | $-6.68M | $-5.83M | $-7.50M | $-8.10M | $-3.28M | $-2.95M | $-5.30M | $-4.13M | $-4.28M | $-1.02M | $-3.08M | $-1.11M | $- | $- | $- | $- |
| Free Cash Flow | $12.94M | $48.26M | $16.57M | $-3.95M | $3.44M | $27.75M | $20.49M | $-3.35M | $17.73M | $25.86M | $20.58M | $-8.31M | $6.08M | $19.56M | $6.82M | $-13.19M | $-7.21M | $2.99M | $-12.88M | $-2.86M |
Chatham Lodging Trust Dividends
Explore Chatham Lodging Trust's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
5.10%
Dividend Payout Ratio
535.96%
Dividend Paid & Capex Coverage Ratio
3.31x
Chatham Lodging Trust Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.09 | $0.09 | March 31, 2025 | March 31, 2025 | April 15, 2025 | March 03, 2025 |
| $0.07 | $0.07 | December 31, 2024 | December 31, 2024 | January 15, 2025 | December 10, 2024 |
| $0.07 | $0.07 | September 30, 2024 | September 30, 2024 | October 15, 2024 | September 04, 2024 |
| $0.07 | $0.07 | June 28, 2024 | June 28, 2024 | July 15, 2024 | June 06, 2024 |
| $0.07 | $0.07 | March 27, 2024 | March 28, 2024 | April 15, 2024 | March 13, 2024 |
| $0.07 | $0.07 | December 28, 2023 | December 29, 2023 | January 16, 2024 | December 06, 2023 |
| $0.07 | $0.07 | September 28, 2023 | September 29, 2023 | October 16, 2023 | September 06, 2023 |
| $0.07 | $0.07 | June 29, 2023 | June 30, 2023 | July 17, 2023 | June 01, 2023 |
| $0.07 | $0.07 | March 30, 2023 | March 31, 2023 | April 17, 2023 | March 07, 2023 |
| $0.07 | $0.07 | December 29, 2022 | December 30, 2022 | January 17, 2023 | December 08, 2022 |
| $0.11 | $0.11 | February 27, 2020 | February 28, 2020 | March 27, 2020 | February 10, 2020 |
| $0.11 | $0.11 | January 30, 2020 | January 31, 2020 | February 28, 2020 | January 10, 2020 |
| $0.11 | $0.11 | December 30, 2019 | December 31, 2019 | January 31, 2020 | December 10, 2019 |
| $0.11 | $0.11 | November 27, 2019 | November 29, 2019 | December 27, 2019 | November 08, 2019 |
| $0.11 | $0.11 | October 30, 2019 | October 31, 2019 | November 29, 2019 | October 10, 2019 |
| $0.11 | $0.11 | September 27, 2019 | September 30, 2019 | October 25, 2019 | September 10, 2019 |
| $0.11 | $0.11 | August 29, 2019 | August 30, 2019 | September 27, 2019 | August 09, 2019 |
| $0.11 | $0.11 | July 30, 2019 | July 31, 2019 | August 30, 2019 | July 10, 2019 |
| $0.11 | $0.11 | June 27, 2019 | June 28, 2019 | July 26, 2019 | June 10, 2019 |
| $0.11 | $0.11 | May 30, 2019 | May 31, 2019 | June 28, 2019 | May 07, 2019 |
Chatham Lodging Trust News
Read the latest news about Chatham Lodging Trust, including recent articles, headlines, and updates.
Tariff Turbulence
US equity markets tumbled this week - suffering its worst week in six months - as disappointing employment reports and fast-shifting tariff policy failed to improve skittish investor sentiment. Reminiscent of Fed Chair Powell's infamous August 2022 "some pain ahead" speech, the Trump Administration warned of a "little disturbance" and a necessary "detox period" for the U.S. economy. Softer-than-expected employment data this week fueled doubts that sweeping overhauls to trade policy and fiscal spending can be accomplished without risking a recession.
Chatham Lodging Trust: Near 8% From The Preferred Stock
Chatham Lodging Trust offers a preferred stock with a near 8% yield, outperforming sector benchmarks by nearly 2%, presenting a compelling investment opportunity. CLDT's balance sheet shows a strong asset base with $1.2 billion in properties and a manageable debt level, enhancing its financial stability. Moody's credit score for CLDT suggests a Ba1 rating, but a deeper "only- balance-sheet" analysis indicates a Baa2 rating equivalent, highlighting its relative financial strength.
Chatham Lodging Trust (CLDT) Q4 2024 Earnings Call Transcript
Chatham Lodging Trust (NYSE:CLDT ) Q4 2024 Earnings Conference Call February 26, 2024 1:00 PM ET Company Participants Chris Daly – President-DG Public Relations Jeff Fisher – Chairman, President and Chief Executive Officer Dennis Craven – Executive Vice President and Chief Operating Officer Jeremy Wegner – Senior Vice President and Chief Financial Officer Conference Call Participants Gaurav Mehta – Alliance Global Partners Ari Klein – BMO Capital Markets Jonathan Jenkins – Oppenheimer & Company Operator Greetings and welcome to the Chatham Lodging Trust Fourth Quarter 2024 Financial Results Call. At this time all participants are in a listen-only mode.
Chatham Lodging Trust: The 8% Preferred Shares Are In Bargain Territory Again
Chatham Lodging Trust's Series A preferred shares are attractive due to strong dividend coverage and a robust balance sheet, now yielding nearly 8%. The REIT's AFFO comfortably covers preferred dividends, with $53.5M expected for FY 2024, ensuring financial stability even in weaker quarters. The balance sheet shows a net financial debt of $416M against $1.3B in assets, indicating a low LTV ratio and substantial equity cushion.
RLJ Lodging Vs Chatham Lodging: Which Is The Better REIT For 2025
RLJ Lodging Trust and Chatham Lodging Trust are REITs focused on hotels in the Sun Belt region. Operating performance at RLJ Lodging is marginally stronger although its sustainability is in doubt given reliance on occupancy growth. Both REITs are attractively valued on a market-implied cap rate basis, with RLJ's higher leverage and interest rate hedging making it more attractive on an AFFO multiple basis.
Chatham Lodging Trust (CLDT) Q3 2024 Earnings Call Transcript
Chatham Lodging Trust (NYSE:CLDT ) Q3 2024 Earnings Call November 7, 2024 10:00 AM ET Company Participants Chris Daly - Investor Relations Jeff Fisher - Chairman, President, and Chief Executive Officer Dennis Craven - Executive Vice President and Chief Operating Officer Jeremy Wagner - Senior Vice President and Chief Financial Officer Conference Call Participants Jonathan Jenkins - Oppenheimer & Company Operator Greetings and welcome to the Chatham Lodging Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Compared to Estimates, Chatham Lodging (CLDT) Q3 Earnings: A Look at Key Metrics
The headline numbers for Chatham Lodging (CLDT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Chatham Lodging Trust: Upside On Fed Easing And ADR Inflation Catch-Up
Chatham Lodging Trust is a lodging REIT focused on extended stay and limited-service hotels, primarily in the Sun Belt region. The company has underperformed the Vanguard Real Estate Index Fund ETF so far in 2024, resulting in a depressed forward AFFO multiple of 7.2x. Over the near term, the company will benefit from Fed easing thanks to its ~57.5% proportion of floating rate debt.
Chatham Lodging Trust (CLDT) Q2 2024 Earnings Call Transcript
Chatham Lodging Trust (NYSE:CLDT ) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeff Fisher - Chairman, President and CEO Dennis Craven - EVP, COO Jeremy Wegner - SVP, CFO Conference Call Participants Ari Klein - BMO Capital Markets Operator Greetings, and welcome to the Chatham Lodging Trust Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen only mode.
Chatham Lodging (CLDT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Chatham Lodging (CLDT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
I'm Banking On These 8% Yields For A Better Tomorrow
Reaching for higher yield doesn't always have to mean taking on too much risk. In this article, I highlight 2 picks with strong fundamentals and balance sheets. Chatham Lodging Trust Preferred Stock and Capital Southwest offer attractive yields above 8% and upside potential.
Chatham Lodging Trust: I Continue To Buy The 8.1% Preferred Yield
Chatham Lodging Trust's financial performance for preferred shareholders remains robust, with a strong preferred dividend coverage ratio. The REIT's balance sheet shows low net debt compared to real estate assets, providing a substantial cushion for preferred equity. Series A preferred shares offer an attractive current yield of approximately 8.1%, making them an appealing income-focused investment in the current interest rate climate.
A Critical Cooldown
U.S. equity markets posted a mixed performance this week, while benchmark interest rates dipped to two-month lows after a critical slate of inflation data showed an encouraging cooldown in price pressures. As expected, the Fed held rates steady at two-decade highs of 5.50%, but the committee's "dot plots" showed that the FOMC is now penciling in just one rate-cut in 2024. Posting a series of record highs throughout the week, the S&P 500 advanced another 1.6% to extend its year-to-date total returns to over 15%, but the gains were notably top-heavy.
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
Chatham Lodging Trust: A Low Double-Digit Return Opportunity
Chatham Lodging Trust is a lodging REIT focused on extended-stay accommodations and select-service hotels. The company's April/May Q2 2024 business update shows it will likely easily beat its initial guidance. Net debt accounts for 45% of enterprise value, with preferred shares contributing 12% to the capital structure.
Eyes On The ECB
U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.
Chatham Lodging Trust (CLDT) Q1 2024 Earnings Call Transcript
Chatham Lodging Trust (NYSE:CLDT ) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Dennis Craven - EVP & COO Jeremy Wegner - CFO & SVP Conference Call Participants Ari Klein - BMO Capital Markets Bryan Maher - B Riley Securities Operator Greetings. Welcome to Chatham Lodging Trust First Quarter 2024 Financial Results.
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