Chatham Lodging Trust REIT (NYSE: CLDT) — Company Overview, News & Financial Data
Chatham Lodging Trust REIT specializes in the ownership and management of upscale hotels in high-demand U.S. markets.
Chatham Lodging Trust REIT
Chatham Lodging Trust (NYSE:CLDT) is a self-administered real estate investment trust (REIT) specializing in the ownership, acquisition, and management of upscale and extended-stay hotels in high-demand markets across the United States. With a keen eye on strategic locations that cater to both business and leisure travelers, their portfolio consists of properties operated under leading hotel brand affiliations. The company aims to enhance shareholder value through a mix of optimizing operational efficiencies, targeted acquisitions, and prudent capital management strategies. By focusing on guest satisfaction and sustainability, Chatham Lodging Trust endeavors to not only grow its footprint in the hospitality industry but also to contribute positively to the communities in which it operates.
Snapshot
Operations
Products and/or services of Chatham Lodging Trust REIT
- High-end hotel operations, focusing on upscale extended-stay and premium-branded select-service hotels.
- Investments in prime locations, emphasizing markets with high barriers to entry.
- Renovation and enhancement programs for existing properties to boost value.
- Asset management services aimed at maximizing operational efficiencies and profitability.
- Divestiture of underperforming assets to reallocate capital more effectively.
- Development of new properties in strategic markets to expand portfolio.
Chatham Lodging Trust REIT executive team
- Jeffrey H. FisherChairman, President & CEO
- Jeremy Bruce WegnerSenior VP & CFO
- Dennis M. CravenExecutive VP & COO
- Eric KentoffSenior VP, General Counsel & Secretary
Dividend history
Dividends per share paid by Chatham Lodging Trust REIT, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.3000 |
| FY2025 | — | — | — | $0.3600 |
| FY2024 | — | — | — | $0.2800 |
| FY2023 | — | — | — | $0.2800 |
| FY2022 | — | — | — | $0.0700 |
Key financials
Reported results for Chatham Lodging Trust REIT, in USD.
- Market cap
- 722.2M
- Revenue (TTM)
- 300.4M
- P/E ratio
- 184.4
- EPS (diluted, TTM)
- 0.1
- Dividend yield
- 2.5%
- Profit margin
- 4.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 295.1M | 26.5M | 15.1M | |
| 317.2M | 33.2M | 4.2M | |
| 311.1M | 28.6M | 2.6M | |
| 294.9M | 36.5M | 9.8M |