Chatham Lodging Trust | REIT Profile

Symbol: CLDT
CIK: 1476045
Exchange: NYSE
Preferred Stock: CLDT-A
Founded: 2009 (13 years)
HQ: West Palm Beach, FL, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Hotel, Resorts

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See CLDT on SEC.gov

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Overall Score: 4.6

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Chatham Lodging Trust Company Logo

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Hightlights of Trading Day January 14, 2022


Open Price: $13.46
Closing Price: $13.83
Price Change: 0.08 (0.582%)
Lowest Price: $13.18
Highest Price: $13.84

52-Week Low: $10.55
52-Week High: $14.95
52-Week Change: 9.82%

5 Day Price Change: 1.55%
1 Month Price Change: 6.84%
3 Month Price Change: 12.25%
6 Month Price Change: 11.25%
YTD Price Change: 0.22%
1 Year Price Change: 11.52%
2 Year Price Change: -21.19%
5 Year Price Change: -16.15%

Dividend of Trading Day January 14, 2022 [Dividends Currently Suspended]


Dividend Yield: 9.544%*
Annualized Dividend: $1.32*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Monthly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 14, 2022


Total Cash: $18,580,000
Current Debt: $32,906,000
Revenue: $176,218,000
Gross Profit: $138,866,000
Total Revenue: $176,218,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $23,690,000
Revenue Per Share: $4
Revenue Per Employee: N/A
Employee: 23
Debt to Equity Ratio (D/E): 1.76
Profit Margin: -0.07%
Enterprise Value (EV): $1,195,679,489
Enterprise Value to Revenue (EV/R): 6.79
Price to Sales (P/S): 3.81
Price to Book (P/B): 0.83
Price/Earnings-to-Growth (PEG) Ratio: -0.64
P/E Ratio: -52.55
P/E High: 10.37
P/E Low: 6.41
Forward P/E Ratio: N/A
Market Capitalization: $674,463,943
Beta: 1.13
Latest Volume: 214,680
Avg. Total Volume: 285,517
Avg. 10-Day Volume: 315,145
Avg. 30-Day Volume: 285,517
TTM EPS: -0.26
Shares Outstanding: 48,768,181
Float: N/A
50-Day Moving Avg.: $13.16
200-Day Moving Avg.: $12.52

Latest REIT Community Comments on #CLDT


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Properties Owned by CLDT


Properties Based on REIT's Official Presentation

Properties Types States Countries
135 1 15 1

Please visit REIT’s official webpage for the most up-to-date property list.

CLDT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



REITBOT
REITBOT™ Alert
The 2021-Q2 occupancy rate for this REIT seems low, make sure to compare it to other REITs in the same industry.

Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $17.79 per share you would have been able to buy 56 shares of CLDT on 2021-01-16 costing $996.24 @ $17.79 per share you would have been able to buy 28 shares of CLDT on 2021-01-16 costing $498.12 @ $17.79 per share you would have been able to buy 14 shares of CLDT on 2021-01-16 costing $249.06 @ $17.79 per share you would have been able to buy 5 shares of CLDT on 2021-01-16 costing $88.95 @ $17.79 per share you would have been able to buy 2 shares of CLDT on 2021-01-16 costing $35.58
Current worth On 2022-01-14 these 56 shares would be worth $774.48 @ $13.83 On 2022-01-14 these 28 shares would be worth $387.24 @ $13.83 On 2022-01-14 these 14 shares would be worth $193.62 @ $13.83 On 2022-01-14 these 5 shares would be worth $69.15 @ $13.83 On 2022-01-14 these 2 shares would be worth $27.66 @ $13.83
Dividends earned $0.00 in dividends would have been earned since 2021-01-16 with 56 shares. $0 in dividends would have been earned since 2021-01-16 with 28 shares. $0.00 in dividends would have been earned since 2021-01-16 with 14 shares. $0.00 in dividends would have been earned since 2021-01-16 with 5 shares. $0.00 in dividends would have been earned since 2021-01-16 with 28 shares.
Net (gain / loss)* -221.76 USD -110.88 USD -55.44 USD -19.80 USD -7.92 USD
ROI** -22.26% -22.26% -22.26% -22.26% -22.26%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by CLDT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CLDT 2020-02-27 0.110 --- 2020-02-10 2020-02-28 2020-03-27
CLDT 2020-01-30 0.110 --- 2020-01-10 2020-01-31 2020-02-28
CLDT 2019-12-30 0.110 --- 2019-12-10 2019-12-31 2020-01-31
CLDT 2019-11-27 0.110 --- 2019-11-08 2019-11-29 2019-12-27
CLDT 2019-10-30 0.110 --- 2019-10-10 2019-10-31 2019-11-29
CLDT 2019-09-27 0.110 --- 2019-09-10 2019-09-30 2019-10-25
CLDT 2019-08-29 0.110 --- 2019-08-09 2019-08-30 2019-09-27
CLDT 2019-07-30 0.110 --- 2019-07-10 2019-07-31 2019-08-30
CLDT 2019-06-27 0.110 --- 2019-06-10 2019-06-28 2019-07-26
CLDT 2019-05-30 0.110 --- 2019-05-07 2019-05-31 2019-06-28
CLDT 2019-04-29 0.110 --- 2019-04-10 2019-04-30 2019-05-31
CLDT 2019-03-28 0.110 --- 2019-03-08 2019-03-29 2019-04-26
CLDT 2019-02-27 0.110 --- 2019-02-08 2019-02-28 2019-03-29
CLDT 2019-01-30 0.110 --- 2019-01-10 2019-01-31 2019-02-22
CLDT 2018-12-28 0.110 --- 2018-12-10 2018-12-31 2019-01-25
CLDT 2018-11-29 0.110 --- 2018-11-09 2018-11-30 2018-12-28
CLDT 2018-10-30 0.110 --- 2018-10-10 2018-10-31 2018-11-30
CLDT 2018-09-27 0.110 --- 2018-09-10 2018-09-28 2018-10-26
CLDT 2018-08-30 0.110 --- 2018-08-10 2018-08-31 2018-09-28
CLDT 2018-07-30 0.110 --- 2018-07-10 2018-07-31 2018-08-31

Financial Statements Overview


The next Earnings Report for CLDT is 2022-02-24

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 18,580,000 131,367,000 14,638,000 21,124,000
Receivables 3,235,000 3,834,000 2,507,000 1,688,000
Inventory 0 0 0 0
Current Assets 37,939,000 151,972,000 32,751,000 35,407,000
Current Assets (Other) 5,138,000 5,843,000 6,882,000 2,266,000
Short Term Investments 5,138,000 5,843,000 6,882,000 2,266,000
Long-term Investments 1,388,028,000 1,324,746,000 1,329,996,000 1,334,850,000
Property, Plant & Equipment Net 1,363,464,000 1,299,865,000 1,304,526,000 1,308,825,000
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 4,413,000 4,564,000 4,990,000 5,384,000
Net Tangible Assets 810,619,000 814,173,000 704,148,000 677,752,000
Total Assets 1,425,967,000 1,476,718,000 1,362,747,000 1,370,257,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 19,951,000
Current Liabilities (Other) 32,906,000 25,651,000 22,497,000 25,843,000
Total Current Liabilities 32,906,000 25,651,000 22,497,000 25,843,000
Current Long-term Debt 0 0 0 0
Long-term Debt 543,697,000 599,037,000 599,681,000 608,770,000
Total Liabilities 615,300,000 662,497,000 658,599,000 692,505,000
Minority Interest 15,861,000 14,838,000 13,318,000 14,708,000
Common Stock 48,755,561 48,637,484 47,224,972 46,969,808
Retained Earnings -237,927,000 -234,620,000 -226,062,000 -228,718,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 810,667,000 814,221,000 704,148,000 677,752,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 64,295,000 50,244,000 32,114,000 29,565,000
Cost of Revenue 12,601,000 9,977,000 7,450,000 7,324,000
Gross Profit 51,694,000 40,267,000 24,664,000 22,241,000
Research and Development 0 0 0 0
Selling General and Admin 11,307,000 10,207,000 8,099,000 -3,251,000
Operating Expense 59,848,000 52,662,000 46,790,000 47,106,000
Operating Income 4,447,000 -2,418,000 -14,676,000 -17,541,000
Income Expense Net (Other) 0 0 0 0
EBIT 4,447,000 -2,418,000 -14,676,000 -17,541,000
Interest Income 5,823,000 6,356,000 6,470,000 7,010,000
Pretax Income -1,383,000 -8,718,000 2,702,000 -3,404,000
Income Tax 0 0 0 0
Minority Interest -64,000 -160,000 46,000 -48,000
Net Income -3,307,000 -8,558,000 2,656,000 -3,406,000
Net Income Basic -3,307,000 -8,558,000 2,656,000 -3,406,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income -3,307,000 -8,558,000 2,656,000 -3,406,000
Depreciation 13,606,000 13,292,000 13,274,000 53,627,000
Changes in Receivables 3,235,000 3,834,000 2,507,000 1,688,000
Changes in Inventories 0 0 0 0
Cash Change 18,580,000 131,367,000 14,638,000 21,124,000
Cash Flow 20,583,000 9,905,000 -12,072,000 32,711,000
Capital Expenditures -6,310,000 -9,427,000 -10,004,000 -37,642,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -77,645,000 -9,427,000 -7,204,000 324,000
Dividends Paid 0 0 0 0
Net Borrowings 519,979,000 461,827,000 578,161,000 585,380,000
Cash Flow Financing -55,667,000 118,455,000 11,185,000 -57,687,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Chatham Lodging Trust


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. The company owns interests in 134 hotels totaling 18,341 rooms/suites, comprised of 39 properties it wholly owns with an aggregate of 5,843 rooms/suites in 15 states and the District of Columbia and a minority investment in two joint ventures that own 95 hotels with an aggregate of 12,498 rooms/suites.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
1 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
Rating AFFO & Efficiency Section Avg. Rating
2 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.7
4 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
9 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
3 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
6 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
9 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
4 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
2 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
0 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
8 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
10 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
4.6 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-01-16 - v2.8