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.
Good value with poor track record.
Share Price & News
How has Chatham Lodging Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLDT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CLDT underperformed the US REITs industry which returned -23.9% over the past year.
Return vs Market: CLDT underperformed the US Market which returned -13.3% over the past year.
Price Volatility Vs. Market
How volatile is Chatham Lodging Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs It Too Late To Consider Buying Chatham Lodging Trust (NYSE:CLDT)?
1 month ago | Simply Wall StIs Chatham Lodging Trust (NYSE:CLDT) Overpaying Its CEO?
1 month ago | Simply Wall StDo Institutions Own Shares In Chatham Lodging Trust (NYSE:CLDT)?
Is Chatham 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: CLDT ($5.93) is trading below our estimate of fair value ($12.62)
Significantly Below Fair Value: CLDT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLDT is good value based on its PE Ratio (15.1x) compared to the REITs industry average (23x).
PE vs Market: CLDT is poor value based on its PE Ratio (15.1x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: CLDT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CLDT is good value based on its PB Ratio (0.4x) compared to the US REITs industry average (1.2x).
How is Chatham Lodging Trust forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLDT's earnings are forecast to decline over the next 3 years (-29.5% per year).
Earnings vs Market: CLDT's earnings are forecast to decline over the next 3 years (-29.5% per year).
High Growth Earnings: CLDT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CLDT's revenue is expected to decline over the next 3 years (-1.7% per year).
High Growth Revenue: CLDT's revenue is forecast to decline over the next 3 years (-1.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLDT's Return on Equity is forecast to be high in 3 years time
How has Chatham Lodging Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLDT has high quality earnings.
Growing Profit Margin: CLDT's current net profit margins (5.9%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: CLDT's earnings have declined by -13.5% per year over the past 5 years.
Accelerating Growth: CLDT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLDT had negative earnings growth (-39.3%) over the past year, making it difficult to compare to the REITs industry average (4.3%).
Return on Equity
High ROE: CLDT's Return on Equity (2.4%) is considered low.
How is Chatham Lodging Trust's financial position?
Financial Position Analysis
Short Term Liabilities: CLDT's short term assets ($27.4M) do not cover its short term liabilities ($56.4M).
Long Term Liabilities: CLDT's short term assets ($27.4M) do not cover its long term liabilities ($607.2M).
Debt to Equity History and Analysis
Debt Level: CLDT's debt to equity ratio (75.5%) is considered high.
Reducing Debt: CLDT's debt to equity ratio has reduced from 92.7% to 75.5% over the past 5 years.
Debt Coverage: CLDT's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: CLDT's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Chatham Lodging Trust's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLDT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CLDT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CLDT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLDT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CLDT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CLDT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Fisher (64yo)
Mr. Jeffrey H. Fisher, also known as Jeff, has been the Chief Executive Officer, President and Chairman of Chatham Lodging Trust since October 2009. Mr. Fisher serves as the Chief Executive Officer and Pre ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD4.64M) is above average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||4.83yrs||US$1.23m||0.019% $43.4k|
|Executive VP & COO||4.83yrs||US$2.15m||0.18% $416.9k|
|Senior VP||no data||no data||no data|
Experienced Management: CLDT's management team is considered experienced (4.8 years average tenure).
|Independent Trustee||10yrs||US$100.00k||0.097% $219.9k|
|Independent Trustee||10yrs||US$100.00k||0.060% $136.2k|
|Independent Trustee||10yrs||US$105.00k||0.089% $203.0k|
|Lead Independent Trustee||0.92yr||US$115.00k||0.11% $248.0k|
|Independent Trustee||1.33yrs||US$100.00k||0.016% $37.5k|
|Independent Trustee||3.25yrs||US$110.00k||0.034% $77.8k|
Experienced Board: CLDT's board of directors are seasoned and experienced ( 10 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chatham Lodging Trust's company bio, employee growth, exchange listings and data sources
- Name: Chatham Lodging Trust
- Ticker: CLDT
- Exchange: NYSE
- Founded: 2009
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$227.772m
- Market Cap: US$278.432m
- Shares outstanding: 47.55m
- Website: https://www.chathamlodgingtrust.com
Number of Employees
- Chatham Lodging Trust
- 222 Lakeview Avenue
- Suite 200
- West Palm Beach
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLDT||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Apr 2010|
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 137 hotels totaling 18,783 rooms/suites, comprised of 42 properties it wholly owns with an aggregate of 6,283 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 12,500 rooms/suites.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 02:54|
|End of Day Share Price||2020/04/06 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.