Chatham Lodging Trust Plans Feb 14 Dividend of $0.07 (CLDT)
Chatham Lodging Trust (NASDAQ:CLDT) declared a feb 14 dividend on Monday, February 10th, American Banking & Market News reports. Investors of record on Friday, February 28th will be given a dividend of 0.07 per share on Friday, March 28th.
A number of analysts have recently weighed in on CLDT shares. Analysts at TheStreet upgraded shares of Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 23rd. 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. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $21.68.
Chatham Lodging Trust (NASDAQ:CLDT) traded up 0.35% during mid-day trading on Monday, hitting $20.26. The stock had a trading volume of 6,548 shares. Chatham Lodging Trust has a 52-week low of $16.08 and a 52-week high of $21.48. The stock’s 50-day moving average is $20.37 and its 200-day moving average is $19.42. The company has a market cap of $519.7 million and a price-to-earnings ratio of 841.25.
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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