Dollar amounts presented in this Item 1 are in thousands, except per share data. Chatham Lodging Trust (“we,” “us” or the “Company”) was formed as a Maryland real estate investment trust on October 26, 2009. We elected to be taxed as a REIT for federal income tax purposes commencing with our 2010 taxable year. The Company is internally-managed and invests primarily in upscale extended-stay and premium-branded select-service hotels. We had no operations prior to the consummation of our initial public offering ("IPO") in April 2010. The net proceeds from our share offerings are contributed to Chatham Lodging, L.P., our operating partnership (the “Operating Partnership”), in exchange for partnership interests. Substantially all of the Company’s assets are held by, and all of its operations are conducted through, the Operating Partnership.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 295M | 295M | 317M | 311M | 295M | 204M |
| Net Income | 7.1M | 7.1M | -3.8M | -5.3M | 9.8M | -22M |
| EPS | $0.14 | $0.14 | $-0.08 | $-0.11 | $0.04 | $-0.46 |
| Free Cash Flow | 40M | 40M | 43M | 48M | 56M | 19M |
| ROIC | 4.5% | 4.4% | 3.4% | 1.9% | 2.2% | -1.7% |
| Gross Margin | 23.3% | 23.3% | 24.2% | 25.0% | 25.4% | 15.1% |
| Debt/Equity | 0.27 | 0.27 | 0.33 | 1.13 | 1.13 | 1.23 |
| Dividends/Share | $0.35 | $0.36 | $0.28 | $0.28 | $0.07 | $0.00 |
| Operating Income | 41M | 41M | 33M | 29M | 36M | -17M |
| Operating Margin | 13.9% | 13.9% | 10.5% | 9.2% | 12.4% | -8.4% |
| ROE | 1.0% | 0.9% | -0.5% | -0.7% | 1.2% | -2.8% |
| Shares Outstanding | 51M | 51M | 47M | 48M | 49M | 49M |
Chatham Lodging Trust passes 3 of 9 quality checks, indicating weak fundamentals.
Chatham Lodging Trust trades at 61.6x trailing earnings, compared to its 15-year median P/E of 24.2x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 10.3x vs a median of 10.1x. The company's 5-year average ROIC is 2.1% with a gross margin of 22.6%. Total shareholder yield (dividends + buybacks) is 6.1%. At current prices, the estimated annualized return to fair value is +1.7%.
Chatham Lodging Trust (CLDT) has a current P/E ratio of 61.6, compared to its historical median P/E of 24.2. The stock is currently considered Expensive based on its historical valuation range.
Chatham Lodging Trust (CLDT) has a 5-year average return on invested capital (ROIC) of 2.1%. This is below average and may indicate limited pricing power.
Chatham Lodging Trust (CLDT) has a market capitalization of $437M. It is classified as a small-cap stock.
Yes, Chatham Lodging Trust (CLDT) pays a dividend with a trailing twelve-month yield of 4.03%. The company also returns capital through share buybacks, with a buyback yield of 2.05%.
Based on historical P/E analysis, Chatham Lodging Trust (CLDT) appears expensive. The current P/E of 61.6 is 154% above its historical median of 24.2. The estimated fair value CAGR (P/E method) is -33.3%.
Chatham Lodging Trust (CLDT) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
Chatham Lodging Trust (CLDT) reported annual revenue of $295 million in its most recent fiscal year, based on SEC EDGAR filings.
Chatham Lodging Trust (CLDT) has a net profit margin of 2.4%. This is a modest margin.
Chatham Lodging Trust (CLDT) generated $40 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Chatham Lodging Trust (CLDT) has a debt-to-equity ratio of 0.27. This indicates a conservatively financed balance sheet.
Chatham Lodging Trust (CLDT) reported earnings per share (EPS) of $0.14 in its most recent fiscal year.
Chatham Lodging Trust (CLDT) has a return on equity (ROE) of 0.9%. This indicates moderate shareholder returns.
Chatham Lodging Trust (CLDT) has a 5-year average gross margin of 22.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for Chatham Lodging Trust (CLDT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Chatham Lodging Trust (CLDT) has a book value per share of $14.60, based on its most recent annual SEC filing.