NYSE:CHSP

Stock Analysis Report

Chesapeake Lodging Trust

Executive Summary

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States.

Risk Analysis

Does not have meaningful revenue ($592M)



Snowflake Analysis

Undervalued with proven track record.


Similar Companies

Share Price & News

How has Chesapeake Lodging Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Information is not available.


Market Performance


7 Day Return

1.1%

CHSP

1.0%

US REITs

0.7%

US Market


1 Year Return

-18.3%

CHSP

13.0%

US REITs

18.2%

US Market

Return vs Industry: CHSP underperformed the US REITs industry which returned 13% over the past year.

Return vs Market: CHSP underperformed the US Market which returned 18.2% over the past year.


Shareholder returns

CHSPIndustryMarket
7 Day1.1%1.0%0.7%
30 Day4.5%1.7%1.5%
90 Day-5.3%0.8%5.0%
1 Year-13.5%-18.3%17.8%13.0%20.8%18.2%
3 Year36.0%13.5%34.3%17.5%45.2%35.8%
5 Year24.0%-6.8%58.3%25.6%71.6%52.7%

Price Volatility Vs. Market

How volatile is Chesapeake Lodging Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chesapeake Lodging Trust undervalued compared to its fair value and its price relative to the market?

43.9%

Undervalued compared to fair value


In this section, we usually try to help investors determine whether Chesapeake Lodging Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Chesapeake Lodging Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Chesapeake Lodging Trust forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-4.3%

Forecasted annual earnings growth


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chesapeake Lodging Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Chesapeake Lodging Trust performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Information is not available.

Information is not available.


Past Earnings Growth Analysis

Earnings Trend: CHSP's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: CHSP's earnings growth over the past year (29.4%) exceeds its 5-year average (14.1% per year).

Earnings vs Industry: CHSP earnings growth over the past year (29.4%) exceeded the REITs industry 8.3%.


Return on Equity

High ROE: CHSP's Return on Equity (9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Chesapeake Lodging Trust's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: CHSP has a high level of physical assets or inventory.

Debt Coverage by Assets: CHSP's debt is not covered by short term assets (assets are 0.2x debt).


Financial Institutions Analysis

Asset Level: CHSP's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if CHSP has a sufficient allowance for bad loans.

Low Risk Liabilities: CHSP reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if CHSP has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CHSP has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if CHSP has an appropriate level of bad loans.


Next Steps

Dividend

What is Chesapeake Lodging Trust's current dividend yield, its reliability and sustainability?

5.89%

Current Dividend Yield


Dividend Yield vs Market

company5.9%marketbottom25%1.4%markettop25%3.7%industryaverage3.7%forecastin3Years5.7%

Current dividend yield vs market & industry

Notable Dividend: CHSP's dividend (5.89%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: CHSP's dividend (5.89%) is in the top 25% of dividend payers in the US market (3.7%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CHSP has been paying a dividend for less than 10 years.

Growing Dividend: CHSP's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.9%), CHSP's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Chesapeake Lodging Trust's salary, the management and board of directors tenure and is there insider trading?

7.1yrs

Average management tenure


CEO

James Francis (57yo)

10.3yrs

Tenure

US$5,517,645

Compensation

Mr. James L. Francis has been the Chief Executive Officer and President and a Trustee of Chesapeake Lodging Trust since June 2009. Mr. Francis serves as the President and Chief Executive Officer of CHSP DC ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.


Management Age and Tenure

7.1yrs

Average Tenure

56yo

Average Age

Experienced Management: CHSP's management team is seasoned and experienced (7.1 years average tenure).


Board Age and Tenure

9.7yrs

Average Tenure

60yo

Average Age

Experienced Board: CHSP's board of directors are considered experienced (9.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$45,16925 Feb 19
Jeffrey Nuechterlein
EntityIndividual
Role
Member of the Board of Directors
Shares1,500
Max PriceUS$30.11
SellUS$28,44614 Dec 18
Jeffrey Nuechterlein
EntityIndividual
Role
Member of the Board of Directors
Shares1,000
Max PriceUS$28.45

Ownership Breakdown

Information is not available.


Management Team

  • Doug Vicari (60yo)

    Executive VP

    • Tenure: 10.3yrs
    • Compensation: US$2.43m
  • James Francis (57yo)

    President

    • Tenure: 10.3yrs
    • Compensation: US$5.52m
  • Graham Wootten (46yo)

    Senior VP

    • Tenure: 9.6yrs
    • Compensation: US$1.48m
  • D. Adams (55yo)

    Executive VP & COO

    • Tenure: 4.5yrs
    • Compensation: US$2.43m
  • Nishil Patel

    VP & Treasurer

    • Tenure: 4.6yrs
  • Nicholas Jette

    Vice President of Acquisitions & Asset Management

    • Tenure: 4.6yrs

Board Members

  • Doug Vicari (60yo)

    Executive VP

    • Tenure: 10.3yrs
    • Compensation: US$2.43m
  • Tom Eckert (71yo)

    • Tenure: 9.7yrs
    • Compensation: US$170.47k
  • James Francis (57yo)

    President

    • Tenure: 10.3yrs
    • Compensation: US$5.52m
  • Thomas Natelli (59yo)

    Chairman of the Board

    • Tenure: 9.7yrs
    • Compensation: US$200.47k
  • John Hill (65yo)

    • Tenure: 9.7yrs
    • Compensation: US$170.47k
  • Jeffrey Nuechterlein (62yo)

    • Tenure: 9.7yrs
    • Compensation: US$160.93k
  • Angelique Brunner (47yo)

    • Tenure: 1.3yrs
    • Compensation: US$126.00k

Company Information

Chesapeake Lodging Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chesapeake Lodging Trust
  • Ticker: CHSP
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Hotel and Resort REITs
  • Sector: Real Estate
  • Market Cap: US$1.614b
  • Shares outstanding: 59.39m
  • Website: https://www.chesapeakelodgingtrust.com

Number of Employees


Location

  • Chesapeake Lodging Trust
  • 4300 Wilson Boulevard
  • Suite 625
  • Arlington
  • Virginia
  • 22203
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHSPNYSE (New York Stock Exchange)YesCommon SharesUSUSDJan 2010

Biography

Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 00:07
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.