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.
Undervalued with proven track record.
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
Stable Share Price: CHSP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CHSP underperformed the US REITs industry which returned 17.9% over the past year.
Return vs Market: CHSP underperformed the US Market which returned 24.7% over the past year.
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
9 months ago | Simply Wall StDoes Chesapeake Lodging Trust (NYSE:CHSP) Have A Volatile Share Price?
10 months ago | Simply Wall StHow Many Chesapeake Lodging Trust (NYSE:CHSP) Shares Have Insiders Sold, In The Last Year?
10 months ago | Simply Wall StChesapeake Lodging Trust (NYSE:CHSP): A Fundamentally Attractive Investment
Is Chesapeake Lodging Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CHSP ($27.17) is trading below our estimate of fair value ($48.41)
Significantly Below Fair Value: CHSP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CHSP is good value based on its PE Ratio (17.4x) compared to the REITs industry average (37.8x).
PE vs Market: CHSP is good value based on its PE Ratio (17.4x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: CHSP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CHSP is good value based on its PB Ratio (1.6x) compared to the US REITs industry average (2x).
How is Chesapeake Lodging Trust forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHSP's earnings are forecast to decline over the next 3 years (-4.3% per year).
Earnings vs Market: CHSP's earnings are forecast to decline over the next 3 years (-4.3% per year).
High Growth Earnings: CHSP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CHSP's revenue (2.7% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: CHSP's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CHSP's Return on Equity is forecast to be high in 3 years time
How has Chesapeake Lodging Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHSP has a large one-off gain of $28.7M impacting its June 30 2019 financial results.
Growing Profit Margin: CHSP's current net profit margins (15.7%) are higher than last year (11.9%).
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 8.1%.
Return on Equity
High ROE: CHSP's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
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
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.
What is Chesapeake Lodging Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
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 (1.4%).
High Dividend: CHSP's dividend (5.89%) is in the top 25% of dividend payers in the US market (3.66%)
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Francis (57yo)
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
Compensation vs Market: James's total compensation ($USD5.52M) is above average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
|Executive VP||10.3yrs||US$2.43m||0.73% $11.8m|
|Executive VP & COO||4.5yrs||US$2.43m||0.35% $5.7m|
|Senior VP||9.6yrs||US$1.48m||0.15% $2.3m|
|Vice President of Acquisitions & Asset Management||4.6yrs||no data||no data|
|VP & Treasurer||4.6yrs||no data||no data|
Experienced Management: CHSP's management team is seasoned and experienced (7.1 years average tenure).
|Executive VP||10.3yrs||US$2.43m||0.73% $11.8m|
|Chairman of the Board||9.7yrs||US$200.47k||0.25% $4.1m|
Experienced Board: CHSP's board of directors are considered experienced (9.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chesapeake Lodging Trust's company bio, employee growth, exchange listings and data sources
- 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
- Chesapeake Lodging Trust
- 4300 Wilson Boulevard
- Suite 625
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CHSP||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 2010|
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. The Trust owns 20 hotels with an aggregate of 6,288 rooms in eight states and the District of Columbia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/19 00:07|
|End of Day Share Price||2019/09/17 00:00|
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.