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I'm Banking On These 8% Yields For A Better Tomorrow
Seeking Alpha· 2024-07-08 14:00
DNY59 Treasuries currently yield 4-5%, prompting some investors to park cash in bonds rather than equities. While treasury bonds can be a great place to put capital to work when it comes to principal that you need within a certain time frame, one should probably ask the following questions when it comes to putting too much capital in bonds: Opportunity Cost: What am I missing out on in the equity markets by investing in bonds? Real Return: What is the real rate of return after taxes, and does that surpass i ...
Chatham Lodging Trust: A Low Double-Digit Return Opportunity
Seeking Alpha· 2024-06-06 16:00
Art Wager/E+ via Getty Images Introduction Chatham Lodging Trust (NYSE:CLDT) is one of the weakest-performing REITs so far in 2024, with a negative return of 18% significantly below the 5% drop in the benchmark Vanguard Real Estate Index Fund ETF (VNQ): ● CLDT (44 -10% en an CLDT vs VNQ in 2024 (Seeking Alpha) I think the company is quite cheap, offering a cap rate of 10.3% and a robust operating performance, notwithstanding the risks related to the drivers of its revenue growth and expensive debt. Company ...
Chatham Lodging Trust(CLDT) - 2024 Q1 - Quarterly Report
2024-05-06 20:10
9. Earnings Per Share 13 From time to time, the Company may award restricted shares under the Equity Incentive Plan as compensation to officers, employees and non-employee trustees. The Company recognizes compensation expense for the restricted shares on a straight-line basis over the vesting period based on the fair market value of the shares on the date of issuance. 14 | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|------------------------------------------- ...
Chatham Lodging Trust(CLDT) - 2024 Q1 - Earnings Call Transcript
2024-05-06 18:59
Chatham Lodging Trust (NYSE:CLDT) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Dennis Craven - EVP & COO Jeremy Wegner - CFO & SVP Conference Call Participants Ari Klein - BMO Capital Markets Bryan Maher - B Riley Securities Operator Greetings. Welcome to Chatham Lodging Trust First Quarter 2024 Financial Results. At this time, all participants are in listen-only mode. A question-and-answer session wi ...
Chatham Lodging (CLDT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-06 14:36
For the quarter ended March 2024, Chatham Lodging (CLDT) reported revenue of $68.44 million, up 1.2% over the same period last year. EPS came in at $0.16, compared to -$0.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $68.79 million, representing a surprise of -0.50%. The company delivered an EPS surprise of +23.08%, with the consensus EPS estimate being $0.13.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Chatham Lodging Trust(CLDT) - 2024 Q1 - Quarterly Results
2024-05-06 13:25
Chatham Lodging Trust Announces First Quarter 2024 Results • Portfolio Revenue Per Available Room (RevPAR) – Increased 2 percent to $120 compared to the 2023 first quarter. Average daily rate (ADR) accelerated 1 percent to $171, and occupancy jumped 1 percent to 70 percent for the 38 hotels owned as of March 31, 2024. ◦ RevPAR for the Silicon Valley and Bellevue hotels was up 17 percent over the 2023 first quarter. ◦ April 2024 RevPAR was up 5 percent over 2023 for the entire portfolio. • Net Income / (Loss ...
Chatham Lodging (CLDT) Q1 FFO Top Estimates
Zacks Investment Research· 2024-05-06 12:41
Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 23.08%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.15 per share when it actually produced FFO of $0.19, delivering a surprise of 26.67%.Over the last four qu ...
Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend
Businesswire· 2024-03-13 20:10
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 38 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred share dividend of $0.41406 per preferred share, payable on April 15, 2024, to shareholders of record as of March 28, 2024. About Chath ...
Chatham Lodging Trust(CLDT) - 2023 Q4 - Earnings Call Transcript
2024-02-27 23:15
Chatham Lodging Trust (NYSE:CLDT) Q4 2023 Earnings Conference Call February 27, 2024 11:00 AM ET Company Participants Chris Daly - DG Public Relations Jeffrey Fisher - Chairman, President, CEO Jeremy Wegner - CFO & SVP Dennis Craven - EVP & COO Conference Call Participants Anthony Powell - Barclays Capital Operator Greetings, welcome to Chatham Lodging Trust Fourth Quarter 2023 Financial Results Conference Call. [Operator Instructions]. Please note this conference is being recorded. I will now turn the call ...
Chatham Lodging (CLDT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-27 15:36
Chatham Lodging (CLDT) reported $72.28 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 2.8%. EPS of $0.19 for the same period compares to -$0.08 a year ago.The reported revenue represents a surprise of +2.59% over the Zacks Consensus Estimate of $70.46 million. With the consensus EPS estimate being $0.15, the EPS surprise was +26.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...