Chatham Lodging Trust (CLDT) Announces Jan 14 Dividend of $0.07
Chatham Lodging Trust (NASDAQ:CLDT) announced a jan 14 dividend on Friday, January 10th, Stock Ratings Network reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.07 per share on Friday, February 28th.
CLDT has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Chatham Lodging Trust from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 9th. They now have a $22.40 price target on the stock. On the ratings front, analysts at Stifel Nicolaus raised their price target on shares of Chatham Lodging Trust from $21.00 to $22.50 in a research note to investors on Tuesday, November 5th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Chatham Lodging Trust presently has an average rating of “Buy” and a consensus target price of $21.68.
Chatham Lodging Trust (NASDAQ:CLDT) last released its earnings data on Tuesday, November 5th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.02. The company had revenue of $35.40 million for the quarter, compared to the consensus estimate of $34.16 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 31.1% on a year-over-year basis.
Chatham Lodging Trust is a hotel investment company. The Company was formed to invest in extended-stay, select-service and full-service hotels.
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