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Chatham Lodging Trust Announces First Quarter 2024 Earnings Call to be Held on Monday, May 6, 2024
Business Wire (Wed, 10-Apr 4:15 PM ET)
Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend
Business Wire (Wed, 13-Mar 4:10 PM ET)
Chatham Lodging Trust Announces Fourth Quarter 2023 Results
Business Wire (Tue, 27-Feb 6:30 AM ET)
Chatham Lodging Announces Date of 2024 Annual Meeting of Shareholders
Business Wire (Mon, 26-Feb 4:15 PM ET)
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under brands which include, Hilton, Marriott, and Hyatt.
Chatham Lodging Trust (Reit) Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol CLDT.
As of April 24, 2024, CLDT stock price declined to $9.38 with 217,351 million shares trading.
CLDT has a beta of 1.24, meaning it tends to be more sensitive to market movements. CLDT has a correlation of 0.33 to the broad based SPY ETF.
CLDT has a market cap of $458.27 million. This is considered a Small Cap stock.
In the last 3 years, CLDT stock traded as high as $15.12 and as low as $8.92.
The top ETF exchange traded funds that CLDT belongs to (by Net Assets): IJR, VNQ, VTI, IWM, VXF.
CLDT has underperformed the market in the last year with a price return of -6.7% while the SPY ETF gained +24.2%. CLDT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.3% and -7.5%, respectively, while the SPY returned +4.6% and -2.7%, respectively.
CLDT support price is $9.36 and resistance is $9.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLDT stock will trade within this expected range on the day.